1938 S Columbine, Denver, CO 80210
1938 S Columbine, Denver, CO 80210
1938 S Columbine, Denver, CO 80210
1938 S Columbine, Denver, CO 80210
1938 S Columbine, Denver, CO 80210
1938 S Columbine, Denver, CO 80210
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$ 1,150,000
Est. payment | /mo

2,864 SqFt


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$ 1,150,000
Est. payment | /mo
Save

2,864 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,864 sqft

Subdivision University

MLS Listing ID IRE6183220

HOA Y/N No

Year Built 1951

Annual Tax Amount $7,641

Tax Year 2024

Source ires

Property Description

Columbine Manor, located at 1938 S Columbine Street in Denver, Colorado, is a well-maintained four-plex positioned in the heart of the University of Denver rental core, one of the city's most supply-constrained and tenant-driven submarkets. The property benefits from immediate proximity to the University of Denver, a major demand anchor supporting a large and consistent population of students, faculty, staff, and young professionals, which drives strong occupancy, resilient rents, and long-term leasing stability.

Built in 1951, the property consists of three one-bedroom units, and one two-bedroom unit, all with one bathroom. Each unit features in-unit washers and dryers, providing a modern amenity package that aligns well with the expectations of university-adjacent renters. The building also offers both front and rear entrances, private yards, and four garages, an increasingly rare parking amenity in this highly walkable, infill location.

The property is zoned G-MU-3, allowing for higher-density mixed-use development, which creates meaningful long-term upside through potential redevelopment or expansion in a high-barrier, high-demand submarket. Combined with stable in-place cash flow, Columbine Manor offers investors a compelling opportunity to own a University of Denver-anchored multifamily asset with both durable income and future development optionality in one of Denver's most sought-after neighborhoods.

Location

State CO

County Denver

Community University

Area Metro Denver

Zoning G-MU-3

Interior

Heating Forced Air

Cooling Evaporative Cooling

Exterior

Parking Features Attached

Garage Spaces 4.0

Utilities Available Electricity Available, Separate Meter Electricity

View Y/N No

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description Level

Sewer Other

Water City, Other

Level or Stories One

Structure Type Brick

New Construction false

Schools

Elementary Schools Denver Green

Middle Schools Merrill

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Will McCauley

Schools and Properties Nearby

Melissa Ballard
Melissa Ballard

Agent | License ID: FA. 100098538

+1(970) 451-3415 | melissaballard.re@gmail.com

Learn More About LPT Realty

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1938 S Columbine