- Overview
- Description
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Street View
$1,139,900
Monthly Est:$5,674
10 Beds
- 5 Baths
4,515sqft
3445 W Mansfield Ave, Denver, CO 80236
$1,139,900
$5,674/moEst:
Get Pre-Approved
Quadruplex
Built in 1920
$-- HOA
0.5 acre lot
$252/sq.ft
Description
NEW PRICE – $1,139,900! Fourplex Investment Opportunity with Strong Rental Income & Expansion Potential!
Now offered at $1,139,900, this income-producing multifamily property presents an outstanding opportunity for investors seeking immediate cash flow, long-term appreciation, and future development potential in the growing Sheridan/Denver market. Located within a Qualified Opportunity Zone, this approximately 4,515-square-foot property combines established rental income, extensive capital improvements, and exciting value-add possibilities.
The property features a versatile mix of 2- and 3-bedroom units plus a studio. One of its unique income-generating features is a unit currently leased to two separate tenants, maximizing rental potential. All units are occupied, providing immediate rental income, with existing leases transferring to the new owner.
Significant capital improvements include three new furnaces, HVAC upgrades, updated electrical service, major sewer infrastructure improvements, and replacement of most windows, helping reduce immediate capital expenditure needs.
Tenant amenities further distinguish this property, including parking for 15+ vehicles, private yard areas, multiple storage sheds/outbuildings, and a basketball court—features rarely found together in multifamily properties.
Beyond its current income potential, the oversized lot offers exciting possibilities for future growth. Current zoning may allow expansion to up to 8 units, subject to verification and required City of Sheridan approvals and permits. The seller is also offering the adjacent vacant land parcel at 3435 ½ W Mansfield Ave (MLS #3939482), recently reduced to just $99,900!
Conveniently located near Downtown Denver, Santa Fe Drive, and US-285, the property provides easy access to employment centers, shopping, dining, and major transportation corridors.
- Houzeo last checked: 1 minute ago
- Listing updated: October 8, 2026 at 6:02 pm
- Listing Provided by: Ivelina Mileva (720) 231-5475 | Equity Colorado Real Estate (720) 722-3209
- Source: DENVER (RE COLORADO) MLS-CO | MLS#: 4416130

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
4,515 sqft
Lot Size
0.5 acre lot
Basement Area
- sqft
MLS Name
DENVER (RE COLORADO) MLS
MLS Number
4416130
MLS Status
Active
Days on Market
140

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 5
Interior
Exterior Features
Private Yard, Rain Gutters
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Sewer
Public Sewer
Flooring
Vinyl
Cooling
Central Air, Evaporative Cooling
Heating
Forced Air
Construction
Year Built
Year Built: 1920
Home type
Quadruplex
Construction Materials
Block, Wood Siding
Property Condition
Updated/remodeled
Roof
Composition
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Phone Available
Electric
110v, 220 Volts
Laundry Features
In Unit
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Water Source
Public
Parking Features
Unpaved
Other Features
Tenant Pays
Electricity
Subdivision Name
Sheridan
Lot Features
Level, Near Public Transit
Price History
| Date | Event | Price |
|---|---|---|
08/13/2026 Source: | Price Decreased | $1,149,900 -4.17% $255/sqft |
05/25/2026 Source: | Price Decreased | $1,199,900 -4.01% $266/sqft |
05/22/2026 Source: | Listed for Sale | $1,250,000 +9.66% $277/sqft |
05/22/2026 Source: | Price Decreased | $1,139,900 -5.01% $252/sqft |
06/30/2025 Source: | Listing Removed | $1,200,000 $266/sqft |
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