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1331 Columbine St
Denver, CO 80206 Congress Park

$1,550,000 USD

Apartments For Sale  •  5,288 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,288 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1902
  • Cap Rate 6.16 %
  • Zoning R3
60 Transit Score
80 Walk Score

Highlights

Beautifully Renovated, Turn-Key Asset w/ Newer: Kitchens, Bathrooms, Floors, Electrical, Plumbing, Windows, Roof, Parking Lot, Boiler & Water Heaters
Excellent Location Near Cheesman and Congress Parks
(11) Off-Street Parking Spaces Provide Additional Income
Bike Storage and On-Site Laundry
Large Fenced Yard with Potential for Dog Run or other Community Use
Strong Neighborhood Demographics: Average Household Income of $126,907 within One Mile

Property Flyers

Financial Summary (Actual)

Net Operating Income: $95,473 USD (2026)
Cap Rate: 6.16 %
Total Expenses: $44,165 USD

Major Tenants

Tenant SF Occupied Lease End Date
Redi Corporation

Amenities

  • Fenced Lot
  • Fireplace
  • Laundry Facilities
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Bicycle Storage
  • Freezer
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
9 min - 2.9 mi
Union Station: LoDo-Coors Field-16th Street Mall (C Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), W Line - Denver Regional Transportation District Light Rail (TheRide)) 9 min - 3.2 mi
AirportDriveWalkDistance
Denver International 34 min - 23.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors