$700,000
SOLD MAR 5, 2025

4489 Grant St Unit 4495 Denver, CO 80216

River North Neighborhood
5 Beds
3 Baths
2,566 Sq Ft
9,375 Sq Ft Lot

Recently Sold

$273 Per Sq Ft

72 Days on Market

Highlights

  • 0.22 Acre Lot
  • No HOA
  • Heating System Uses Steam
  • Private Yard
  • Covered patio or porch
  • High Speed Internet

About This Home

As of March 2025

Introducing an exceptional investment opportunity in Denver, Colorado - 4489 Grant Street. This historic 2,566 SF multi-use building, offers three spacious units in mixed used E-MX-2 zoning. Priced at $700,000 with an as-is 5.15% Cap Rate and first year Cap rate at 6.68% this property presents compelling potential for multifamily or high-rise investors looking to capitalize on Denver's growing market.With concept plans in place, this property provides development opportunities in a prime location. Surrounded by a robust demographic with an average household income of $114,004 within a 1-mile radius, this property is a promising investment. For those seeking a strategic move in the bustling Denver real estate market, 4489 Grant Street stands as a promising venture in a thriving community.

Last Agent to Sell the Property

Chris Mitton

Pinnacle Real Estate Advisors Brokerage Email: cmitton@pinnaclerea.com,303-887-4955 License #100081883

Last Buyer's Agent

Chris Mitton

Pinnacle Real Estate Advisors Brokerage Email: cmitton@pinnaclerea.com,303-887-4955 License #100081883

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 1894 | Remodeled

Lot Details

  • 9,375 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Private Yard
  • Garden

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,566 Sq Ft Home
  • 2-Story Property
  • Laundry in unit
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Schools

  • Garden Place Elementary School
  • Mcauliffe Manual Middle School
  • Manual High School

Utilities

  • Heating System Uses Steam
  • Natural Gas Connected
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenants personal Property
  • The owner pays for exterior maintenance, insurance, taxes, water
  • Assessor Parcel Number 2221-33-029

Community Details

Overview

  • No Home Owners Association
  • Globeville Subdivision

Building Details

  • Operating Expense $21,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,283

Year Built

Built in 1894 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Year Built: 1894
  • Above Grade Finished Sq Ft: 2566
  • Exclusions: Tenants personal Property
  • Living Area: 2566
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Globeville
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.00000
  • Attribution Contact: cmitton@pinnaclerea.com,303-887-4955
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 5

Exterior Features

  • Roof: Composition
  • Construction Materials: Cement Siding
  • Exterior Features: Garden, Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Front Porch

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 5
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Phone Connected
  • Sewer: Community Sewer
  • Cooling: Other
  • Heating: Steam
  • Water Source: Public
  • 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: 21812

Schools

  • Middle Or Junior School: Mcauliffe Manual

Lot Info

  • Parcel Number: 2221-33-029
  • Lot Size Acres: 0.22
  • Fencing: Partial
  • Building Area Total: 2566
  • Lot Features: Level
  • Lot Size Sq Ft: 9375
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Exterior Maintenance, Insurance, Taxes, Water
  • Tenant Pays: Other

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2283

MLS Schools

  • Elementary School: Garden Place
  • High School: Manual

Map

Range of Values:

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Sold Price
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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
03/05/2025 03/05/25 Sold $700,000 0.0% $273 / Sq Ft
11/25/2024 11/25/24 For Sale $700,000 +2.2% $273 / Sq Ft
09/08/2021 09/08/21 Sold $685,000 -3.5% $225 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/19/2021 07/19/21 Price Changed $710,000 0.0% $233 / Sq Ft
07/19/2021 07/19/21 For Sale $710,000 +3.6% $233 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
07/06/2021 07/06/21 Off Market $685,000 -- --
06/15/2021 06/15/21 For Sale $750,000 -- $246 / 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 $2,333 $29,460 $21,440 $8,020
2023 $2,283 $29,460 $21,440 $8,020
2022 $2,593 $32,600 $25,500 $7,100
2021 $2,557 $34,270 $26,810 $7,460
2020 $2,123 $28,610 $26,810 $1,800
2019 $2,063 $28,610 $26,810 $1,800
2018 $1,626 $21,020 $10,120 $10,900
2017 $1,621 $21,020 $10,120 $10,900
2016 $1,169 $14,330 $4,481 $9,849
2015 $1,120 $19,840 $4,481 $15,359
2014 $1,001 $12,050 $1,910 $10,140
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $684,268 Credit Line Revolving
Previous Owner $542,531 Future Advance Clause Open End Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $700,000 None Listed On Document
Warranty Deed $685,000 Land Title Guarantee Company
Warranty Deed $102,500 First American
Source: Public Records

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Source: REcolorado®

MLS Number: 7233580

REcolorado®

APN: 2221-33-029