7721 E 14th AveDenver, CO 80220

Description

Marcus & Millichap is pleased to present 7721 E 14th Ave, a rare six-unit cottage-style multifamily investment opportunity located in the highly desirable East Denver submarket. Situated on a prominent 0.35-acre corner lot, the property consists of six fully renovated side-by-side residences that provide tenants with the privacy and feel of single-family living while offering investors the operational efficiencies of multifamily ownership. Each unit is complemented by a detached garage that is leased separately, creating an additional income stream and enhancing the overall tenant experience. The property is offered at a 7.35% Day One Cap Rate with the ability to increase to a 7.89% Year One Cap Rate, providing investors with immediate cash flow and continued income growth. In addition to its strong in-place operations, the unique side-by-side layout presents an attractive opportunity for a future condominium conversion or long-term redevelopment, offering multiple paths to create value. With its turnkey condition, differentiated product type, and desirable Denver location, 7721 E 14th Ave represents a compelling opportunity to acquire a high-quality asset with durable cash flow and long-term appreciation potential.

Property Information

Property type

Residential Income

Year built

1948

Living area

3,090 Sq Ft

Garage spaces

3

Parking spaces

3

Zoning

E-TU-B

Days on market

73

MLS^® Listing#

3395871

Property Features

Heating

Radiant

Parking

Detached

Lot features

Level

Construction

Other

Roof

Other

Sewer

Public Sewer

Schools

Elementary

Montclair

Middle

Hill

High

George Washington

Financial Details

HOA

None

Annual taxes

$5,401Tax year 2026