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10 Beds
5 Baths
7,545 sqft

$1,450,000

3243 Kearney Street, Denver CO, 80207

Price per sqft$192.18
Built in1955
Property size7,545 sqft
Property typeMulti-family

Overview

Active

Listed Aug 19, 2026

Updated 4 days ago

VA Assumable loan at 3.75% Ask Agents for Information! Turnkey fourplex in Northeast Park Hill offering a compelling opportunity for investors and owner-occupants alike. The property currently generates $8,445/month in gross scheduled rental income, sitting at a 5.12% cap rate and all four units thoughtfully updated and maintained. The unit mix includes two 3-bedroom units and two 2-bedroom units, providing strong rental versatility and broad tenant appeal. One unit will be delivered vacant at closing, creating an immediate opportunity for an owner-occupant to live on-site while benefiting from income from the remaining units, or for an investor to reposition the unit at market rent. Significant improvements have been completed throughout 2024–2026, including new windows, interior doors, paint, blinds, LED lighting, appliances, electrical breakers, central air conditioning, exterior paint and siding, professional landscaping, a new paver patio, and updated safety features. Additional unit-specific improvements include restored hardwood flooring, a professionally remodeled bathroom, and a remodeled kitchen. The oversized detached 2-car garage offers an additional value-add opportunity, with approximately 676 SF already framed for a potential ADU/fifth unit and electrical wiring pulled through the existing framing. Buyer to verify zoning, permitting, feasibility, and all development requirements with the City and County of Denver. The property also offers at least five off-street parking spaces. Residents are separately metered for gas and electric, while water, sewer, and trash are billed back to the units at a 25% share each. With strong existing rental income, extensive recent renovations, multiple off-street parking spaces, potential ADU upside, and the flexibility to occupy one unit, this property offers a rare combination of immediate cash-flow potential and future value-add opportunity in Northeast Park Hill.

$9,647/mo

Est. mortgage payment based on a $1,450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7898418

Interior Features

Bedrooms
10
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$6,285
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo
Listed by Serhant Colorado LLC, Katherine McCaslin, Listing Contact: [email protected],970-402-9329 
 

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