$800,000
$100K PRICE DROP

2741 W 12th Ave Denver, CO 80204

Estimated payment $4,622/month

Total Views 4,685
8 Beds
4 Baths
2,456 Sq Ft
$326 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1-Story Property
  • Wood Siding
  • No HOA
  • Forced Air Heating System

About This Home

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 Vouchers, rent payments are guaranteed on the first of the month via direct deposit. Property has been stabilized for 8 years straight and is great for cash flow while future development entitlements are finalized. PLEASE DO NOT BOTHER TENANTS, NO SHOWINGS UNTIL A CONTRACT IS SUBMITTED.

Listing Agent

Nathan Adams

REDT LLC Brokerage Email: nathan@redTHomes.com,720-255-4101 License #100004676

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,889

Year Built

  • Built in 1894

Lot Details

  • 1 Common Wall

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,456 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Fairview Elementary School
  • Strive Lake Middle School
  • North High School

Utilities

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

Listing and Financial Details

  • Exclusions: Tenant property.
  • Assessor Parcel Number 5054-07-024

Community Details

Overview

  • No Home Owners Association
  • Sun Valley Subdivision

Building Details

  • Operating Expense $23,349

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,889

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1894
  • Above Grade Finished Sq Ft: 2456
  • Current Use: Live/Work
  • Exclusions: Tenant property.
  • Living Area: 2456
  • Directions: 12th and Federal. From 6th Ave and Federal: South on 6th Ave to W Holden Pl, east 1 block, south to 12th Ave, east to property.
  • SubdivisionName: Sun Valley
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Attribution Contact: nathan@redTHomes.com,720-255-4101
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum, Wood
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Unit

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: 23349.15

Schools

  • Middle Or Junior School: Strive Lake

Lot Info

  • Parcel Number: 5054-07-024
  • Building Area Total: 2456

Rental Info

  • Owner Pays: Electricity, Gas, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1889

MLS Schools

  • Elementary School: Fairview
  • High School: North

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

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 $4,086 $51,590 $41,920 $9,670
2023 $3,998 $51,590 $41,920 $9,670
2022 $3,897 $49,000 $41,140 $7,860
2021 $3,845 $51,530 $43,260 $8,270
2020 $2,653 $35,760 $31,090 $4,670
2019 $2,579 $35,760 $31,090 $4,670
2018 $1,889 $24,420 $19,060 $5,360
2017 $1,884 $24,420 $19,060 $5,360
2016 $1,711 $20,980 $9,632 $11,348
2015 $1,639 $20,980 $9,632 $11,348
2014 $1,314 $15,820 $6,018 $9,802
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $800,000 -11.1% $326 / Sq Ft
02/20/2025 02/20/25 For Sale $900,000 -- $366 / Sq Ft
Source: REcolorado®

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Homestead Title & Escrow
Quit Claim Deed -- None Available
Special Warranty Deed $250,160 Chicago Title
Special Warranty Deed $215,550 None Available
Trustee Deed -- None Available
Warranty Deed $275,000 None Available
Special Warranty Deed $193,000 Fahtco
Trustee Deed -- None Available
Personal Reps Deed -- --
Warranty Deed $132,000 --
Personal Reps Deed $82,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $570,500 New Conventional
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $364,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $322,000 New Conventional
Previous Owner $220,000 Unknown
Previous Owner $41,250 Stand Alone Second
Previous Owner $193,500 Purchase Money Mortgage
Previous Owner $252,800 Unknown
Previous Owner $11,000 Unknown
Previous Owner $125,000 Unknown
Previous Owner $121,800 FHA
Previous Owner $73,800 No Value Available
Source: Public Records

Similar Homes in Denver, CO

  • 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
  • 1030 Quitman St, Denver, CO 80204

    $950,000

    • 6 Beds
    • 3 Baths
    • 2,536 Sq Ft
    • 1030 Quitman St
    • Denver, CO

    Updated, as-built triplex near Sloan's Lake on a quiet cul-de-sac! A perfect opportunity for an owner-occupant or investor, the property has a 3Br/1Ba upstairs, and a 2Br/1Ba and Studio + Den downstairs. The property was updated with cosmetic upgrades to include new kitchens, bathrooms, flooring, and lighting. Mini-split heat/AC systems installed for each unit and in-unit laundry installed in all

    Andrew Monette Pinnacle Real Estate Advisors

    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
  • 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
  • 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
  • 4665 W Exposition Ave, Denver, CO 80219

    $680,000

    • 10 Beds
    • 4 Baths
    • 2,812 Sq Ft
    • 4665 W Exposition Ave
    • Denver, CO

    Welcome home to this beautiful 5 bedroom units duplex! This adorable duplex is nuzzled between Westwood Park and Knapp Elementary School, and just minutes from 6th Avenue! Enjoy your days off walking on Weir Gulch Trail complemented with its calming scenery and creek. Both units feature a remodeled kitchen with brand stainless steel appliances and modern countertops. There is plenty of space for

    Lance Becker Stix & Stones Fine Colorado Properties LLC

    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
  • 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
  • 5235 Lowell Blvd, Denver, CO 80221

    $899,000

    • 7 Beds
    • 4 Baths
    • 2,925 Sq Ft
    • 5235 Lowell Blvd
    • Denver, CO

    7 bedrooms, 4 bathroom Townhouse (Left side of a Duplex) across from Regis University, constant flow of income from students will make this a cash cow for you. Built in 2008, sturdily built from brick and well-maintained with 1-car garage. Both sides of the duplex are for sale. Keep both for a rental, or live in one side and rent the other side! Main floor kitchen w/additional kitchenette in

    Joni Renee Slifer Smith & Frampton-Bldr

    Section Image

Source: REcolorado®

MLS Number: 9077920

REcolorado®

APN: 5054-07-024