$920,000
SOLD NOV 18, 2024

1537 N Washington St Denver, CO 80203

Uptown Neighborhood
8 Beds
4 Baths
2,732 Sq Ft
4,704 Sq Ft Lot

Recently Sold

$337 Per Sq Ft

8% Below List Price

112 Days on Market

Highlights

  • City View
  • No HOA
  • 1-Story Property
  • East High School Rated A
  • Front Porch
  • Forced Air Heating System

About This Home

As of November 2024

$50,000 Price Drop! Kyle Malnati presents the Thomas Logan Apartments: a vintage 4-unit multifamily asset property with many updates. This building combines modern efficiency with old-world charm. Energy efficient upgrades include double-pane windows, gas forced air furnace, and solar panels. This desirable building also features a laundry facility, garage, and off-street parking spaces.
OFFERED AT $950,000 | CAP RATE 5.53% (7.03% Proforma)

Last Agent to Sell the Property

Kyle Malnati

Kentwood Real Estate DTC, LLC Brokerage Email: malnati@kentwood.com License #40042617

Kentwood Real Estate DTC, LLC

Last Buyer's Agent

Phil Dankner

Unique Properties LLC License #100052493

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,573

Year Built

  • Built in 1892

Lot Details

  • East Facing Home
  • Property is Fully Fenced
  • Level Lot

Parking

  • 2 Car Garage

Property Views

  • City
  • Mountain

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Teller Elementary School
  • Morey Middle School
  • East High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Tenant's belongings
  • Tenant pays for cable TV, electricity, internet
  • The owner pays for gas, insurance, taxes, trash collection, water
  • Assessor Parcel Number 2349-24-015

Community Details

Overview

  • No Home Owners Association
  • Thomas Logan Community
  • Capitol Hill Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $21,338

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,573

Year Built

Built in 1892

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: One
  • Building Name: Thomas Logan
  • Year Built: 1892
  • Above Grade Finished Sq Ft: 2732
  • Exclusions: Tenant's belongings
  • Living Area: 2732
  • Directions: Washington Street is a one-way going southbound. You need to access Washington from 16th Avenue and can park on the street.
  • SubdivisionName: Capitol Hill
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 668.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.92000
  • Attribution Contact: malnati@kentwood.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 8

Exterior Features

  • Direction Faces: East
  • Roof: Composition
  • Construction Materials: Brick
  • View: City, Mountain(s)
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 6
  • REC_ParkingCount: 3

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 21338

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 2349-24-015
  • Fencing: Full
  • Building Area Total: 3400
  • Lot Features: Level
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Gas, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Internet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5573

MLS Schools

  • Elementary School: Teller
  • High School: East

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $920,000 -3.2% $337 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $950,000 -2.1% $348 / Sq Ft
07/08/2024 07/08/24 Price Changed $970,000 -3.0% $355 / Sq Ft
06/04/2024 06/04/24 For Sale $1,000,000 -- $366 / Sq Ft
Source: REcolorado®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,615 $83,520 $27,740 $55,780
2023 $6,472 $83,520 $27,740 $55,780
2022 $5,573 $70,080 $25,510 $44,570
2021 $5,499 $73,690 $26,830 $46,860
2020 $5,151 $69,420 $26,830 $42,590
2019 $4,165 $57,760 $26,830 $30,930
2018 $3,831 $49,520 $18,580 $30,940
2017 $3,820 $49,520 $18,580 $30,940
2016 $3,241 $39,750 $16,804 $22,946
2015 $3,106 $40,930 $16,804 $24,126
2014 $2,985 $35,940 $14,933 $21,007
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $535,000 New Conventional
Closed $535,000 New Conventional
Previous Owner $677,600 New Conventional
Previous Owner $337,500 New Conventional
Previous Owner $245,000 Unknown
Previous Owner $446,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $125,000 Unknown
Previous Owner $180,000 Unknown
Previous Owner $158,000 Unknown
Previous Owner $105,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $920,000 Land Title
Special Warranty Deed $920,000 Land Title
Special Warranty Deed $450,000 First American
Warranty Deed $215,000 None Available
Quit Claim Deed -- --
Warranty Deed $425,000 North American Title Co
Warranty Deed $150,000 North American Title
Source: Public Records

Similar Homes in Denver, CO

  • 1554 N Pennsylvania St, Denver, CO 80203

    $1,100,000

    • 6 Beds
    • 4 Baths
    • 3,067 Sq Ft
    • 1554 N Pennsylvania St
    • Denver, CO

    Prime Investment Opportunity–Live, Work, Rent! You must see this versatile up/down duplex in Capitol Hill with C-MX-8 mixed-use zoning, this property offers incredible income potential for investors or owner-occupants. Currently leased at $5,800/mo.+utilities, a new owner can continue this arrangement or occupy one unit while renting the other short-term (with a STR license) to potentially

    Casey Miller LIV Sotheby's International Realty

    Section Image
  • 1455 Gilpin St, Denver, CO 80218

    $899,000

    • 6 Beds
    • 3 Baths
    • 2,199 Sq Ft
    • 1455 Gilpin St
    • Denver, CO

    $16,000 Price Reduction – Exceptional Investment Opportunity in the Heart of Denver!Welcome to 1455 N Gilpin Street — a rare chance to own a multi-unit property in one of Denver’s most vibrant and rapidly growing neighborhoods. Whether you're an investor seeking solid returns or a savvy buyer looking to house hack by living in one unit and renting out the others, this property offers

    Brad Gassman Synergy Associates Inc

    Section Image
  • 715 W 7th Ave, Denver, CO 80204

    $950,000

    • 6 Beds
    • 4 Baths
    • 1,898 Sq Ft
    • 715 W 7th Ave
    • Denver, CO

    6.52 Cap Rate! Fully Remodeled 6 bedroom, 4 bathroom Duplex. Potential gross monthly rental income of $6,200/month! Excellent AirBnb, House Hack, Short Term Rental or Long Term Rental Opportunity. New Kitchen, New Bathrooms! Fully remodeled, this stunning home features brand-new luxury vinyl wood flooring throughout, sleek stainless steel appliances in the kitchen, gorgeous granite

    Michelle Glass Keller Williams Realty Urban Elite

    Section Image
  • 2741 W 12th Ave, Denver, CO 80204

    $800,000

    • 8 Beds
    • 4 Baths
    • 2,456 Sq Ft
    • 2741 W 12th Ave
    • Denver, CO

    EXCELLENT OPPORTUNITY AT BOTH A 6.9 CAP (projected, rents go up in the fall at lease renewal to the 2024 rates) & FUTURE DEVELOPMENT POTENTIAL WITH C-MX-5 ZONING! Duplex property located in Sun Valley Neighborhood, 4 bedrooms per side, rents go up in the fall at lease renewal – section 8 4 bedrooms 2024 fair market value is $3,548 per unit. Property is currently rented with 4-bedroom Section 8

    Nathan Adams REDT LLC

    Section Image
  • 427 S Lincoln St, Denver, CO 80209

    $995,000

    • 7 Beds
    • 4 Baths
    • 2,652 Sq Ft
    • 427 S Lincoln St
    • Denver, CO

    Fantastic investment property! 4 unit property just minutes from Downtown and Wash Park. Two main level units, one basement unit and one detached unit (ADU) with ample parking for all tenants. The double sized, almost quarter acre lot right on Lincoln Street is a perfect opportunity for a scrape project as well. Tons of potential! Property being sold AS-IS.

    Greg Cunningham Grace Management & Invest.

    Section Image
  • 3201 Albion St, Denver, CO 80207

    $1,050,000

    • 6 Beds
    • 4 Baths
    • 2,584 Sq Ft
    • 3201 Albion St
    • Denver, CO

    Brand New 100% Remodeled Duplex blocks from City Park in Park Hill. Duplex consists of 2 3bed/2 bath units each having its own private fenced in yard and rare private 1 car garage. Rental comps $2900-3200 per month per unit. Fully Permitted complete gut remodel. Everything is new including the main sewer line and tap and the roof. 100% new electrical, plumbing, HVAC. Each unit has its own Furnace

    Aaron Graybill Goodhouse Real Estate LLC

    Section Image
  • 2739 W 32nd Ave, Denver, CO 80211

    $850,000

    • 7 Beds
    • 7 Baths
    • 4,100 Sq Ft
    • 2739 W 32nd Ave
    • Denver, CO

    House hackers delight! Looking for a promising investment property that you could owner-occupy? If so, then please consider this duplex in the hot Highlands neighborhood! It has a 4-car garage and offers a great unit mix:4Bed/4Bath (#2739) and 2.5Bed/3Bath (#2741)This duplex sits on a HUGE 10,200 SF lot, which is zoned G-MU-3.

    Kyle Malnati Kentwood Real Estate DTC, LLC

    Section Image
  • 3220 W 8th Ave, Denver, CO 80204

    $699,900

    • 6 Beds
    • 3 Baths
    • 2,342 Sq Ft
    • 3220 W 8th Ave
    • Denver, CO

    Prime Denver Investment Opportunity – Fully Renovated Multi-Unit Home! Welcome to this completely renovated gem in a prime Denver location! Whether you're an investor looking for strong rental income or a house hacker wanting to live in one unit while renting out the others, this property is a dream come true. This versatile home features three separate living spaces: Main Level – 3 bed | 1 bath

    Dennis Schultz Jr. HomeSmart

    Section Image
  • 4100 Eliot St, Denver, CO 80211

    $999,500

    • 6 Beds
    • 3 Baths
    • 2,334 Sq Ft
    • 4100 Eliot St
    • Denver, CO

    Turnkey Investment Opportunity in the Heart of Sunnyside! Investor alert! This fully leased up/down duplex and carriage house (3 units total) in sought-after Sunnyside generates $6,095/month in rental income. Situated on a large corner lot, this 1925 all-brick bungalow has been thoughtfully converted into three separately addressed units, making package deliveries and tenant independence

    Regina Moore Key Realty Partners Llc

    Section Image

Source: REcolorado®

MLS Number: 4412926

REcolorado®

APN: 2349-24-015