7 months on rocket

4 W Arkansas Ave Unit R-1 R-2 R-3, Denver, CO, 80223

$625,000

Home List Price

$7,422*

Closing Credit

4 Bedrooms
3 Baths
1,700 SqFt
$368/SqFt
Multi

Location

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4 W Arkansas Ave Unit R-1 R-2 R-3, Denver$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1915
HeatingNatural Gas
CoolingAir Conditioning
MLS #4882091
StatusActive

About 4 W Arkansas Ave Unit R-1 R-2 R-3

The Arkansas Portfolio boasts seven units located in the heart of Denver and just steps away from popular retail on South Broadway. 4 & 18-20 W Arkansas Ave offer a unique unit mix, leaving multiple choices for potential renters. The property’s location presents excellent walk and bike scores and is conveniently located within 15 minutes of Downtown Denver, Cherry Creek, and DTC. All seven units have seen recent renovations, some with high-end cosmetic finishes, leaving investors an attractive blend of stability and value-add potential. There’s also the option to re-deed each unit separately, thereby enabling their individual sale. The triplex and quadplex can be purchased separately or together. HIGHLIGHTS - Can be purchased with 18-20 W Arkansas or separately - In-unit washer/dryer, vaulted ceilings, spacious closets, open & unique floor plans, diverse unique mix - Recent renovations include new luxury flooring, windows, contemporary lighting, and other high-end finishes - Current leases are 5-20% below market comparables - Option to re-deed separately, enabling individual sale of units - Centrally located in the heart of Denver and walkable to popular restaurants, bars, shops, and retail HOA - Has HOA: Yes - HOA fee: $239 monthly - Services included: Reserve Fund, Maintenance Grounds, Maintenance Structure, Roof Insurance, Recycling, Trash, Water, Sewer, Snow Removal - Association Name: S Broadway HOA

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: Kaufman Hagan
  • Office Phone: (650) 740-9570
  • Listing Agent: Andrew Vollert

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Air Conditioning

Other

Directions Information:

  • Directions: S. Broadway to Arkansas. Turn right on Arkansas and park immediately. Units are upstairs in the building on the southwest corner of Broadway and Arkansas.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $368/SqFt

HOA Fees:

  • Amount: $239
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Denver, CO.

Med. Sold Price

$584.9K

Med. Price/SqFt

$375

Avg. Days On Market

46

# of Sold Homes

843

4 W Arkansas Ave Unit R-1 R-2 R-3 vs Denver

212 DAYS ON ROCKET

+166 Days

$625,000

+$40K More

$368/SqFt

-$7 Less

KEY TAKEAWAY

This property is $40K more than the Median Sold Price and $7/SqFt less than other homes in Denver, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #4882091

Listing Office:

  • Office Name: Kaufman Hagan
  • Office Phone: (650) 740-9570
  • Listing Agent: Andrew Vollert

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Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:12:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,426

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-422226
6
/10
  • McKinley-Thatcher Elementary School

  • 1230 S Grant St

  • 0.30 miles

  • Public District Grades EE-5

school-card-donut-422227
6
/10
  • Lincoln Elementary School

  • 710 S Pennsylvania St

  • 0.95 miles

  • Public District Grades EE-5

school-card-donut-422228
7
/10
  • Asbury Elementary School

  • 1320 E Asbury Ave

  • 1.16 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,979. Typical income of Denver, CO residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoDenver CountyDenver802234 W Arkansas Ave Unit R-1 R-2 R-3

This home is located at 4 W Arkansas Ave Unit R-1 R-2 R-3 in Denver, CO and zip code 80223 in the Southwest Denver neighborhood. This 1,700 square foot home was built in 1915. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $625,000.

In October 2024 more than 185 listings in Denver, CO were sold above the asking price. During the same period more than 217 listings were sold at asking price, while more than 441 were sold below. The number of homes for sale in Denver, CO increased by 8.8% between September 2024 and October 2024. Listings spent 46 days on the market in October 2024, and had a median list price of $584,921 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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