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Wendy Rowley

wendy@therowleygroup.com +1(303) 717-5613

$ 924,000

Est. payment | -/mo

3,320 SqFt

Save

$ 924,000

Est. payment | -/mo

Save

3,320 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,320 sqft

Price per Sqft $278

Subdivision Smedleys

MLS Listing ID IR1050015

HOA Y/N No

Year Built 1962

Annual Tax Amount $5,971

Tax Year 2024

Lot Size 6,350 Sqft

Acres 0.15

Property Sub-Type Quadruplex

Source recolorado

Property Description

Price slashed more than 5% - act now. 903 Wolff Street is a TURNKEY fully leased, four-unit corner asset delivering a 7.2% in-place cap rate with interest rates at a three-year low - strong stabilized income, right now. A lengthy list of updates and upgrades by current owner = less deferred maintenance = MORE CASH FLOW FOR YOU! E-TU-C zoning on an oversized lot with alley access adds long-term redevelopment optionality you won't find at this price point.The location sells itself: blocks from the W Line light rail and West Colfax, minutes to Sloan's Lake, Edgewater Public Market, and the Highlands - the kind of walkable connectivity that keeps units full. The building backs it up: 8 beds / 4 baths across four units with major CapEx already done - high-efficiency Weil-McLain boiler (2021), newer roof, fresh exterior paint (2026), and double-pane windows throughout. Unit 901B was fully remodeled in 2025 with LVP flooring, quartz countertops, and stainless appliances. Add a refreshed laundry room with front-load W/D and a three-car garage for added income upside.The 1 bed unit lease ends 6/30 and both 2 bed units have leases ending 8/31 - ideal timing to push rents or house hack in one of Denver's hottest corridors. Opportunities like this don't wait.

Location

State CO

County Denver

Zoning E-TU-C

Rooms

Basement Daylight, Full

Interior

Interior Features Eat-in Kitchen, Open Floorplan

Heating Hot Water

Cooling Air Conditioning-Room, Ceiling Fan(s)

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Roof Type Composition

Total Parking Spaces 7

Building

Lot Description Corner Lot, Level, Sprinklers In Front

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Cowell

Middle Schools Other

High Schools North

School District Denver 1

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by milehimodern - Boulder

NEARBY SCHOOL & BUSINESS

+1(303) 717-5613

wendy@therowleygroup.com

18801 E Mainstreet, Ste 250, Parker, CO, 80134, United States

903 Wolff ST Denver, CO 80204