903 Wolff Street, Denver, CO 80204
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
903 Wolff Street,Denver, CO 80204
$924,000
- 8 Beds
- 4 Baths
- 3,320 sq. ft.
- Multi-family
- Active
Listed by: rachel weinberg
Office: milehimodern
MLS#:1948142
Source:ML
Price summary
- Price:$924,000
- Price per sq. ft.:$278.31
About this home
Price slashed more than 5% - act now. 903 Wolff Street is a TURNKEY fully leased, four-unit corner asset delivering a 7.2% in-place cap rate with interest rates at a three-year low - strong stabilized income, right now. A lengthy list of updates and upgrades by current owner = less deferred maintenance = MORE CASH FLOW FOR YOU! E-TU-C zoning on an oversized lot with alley access adds long-term redevelopment optionality you won't find at this price point.The location sells itself: blocks from the W Line light rail and West Colfax, minutes to Sloan's Lake, Edgewater Public Market, and the Highlands - the kind of walkable connectivity that keeps units full. The building backs it up: 8 beds / 4 baths across four units with major CapEx already done - high-efficiency Weil-McLain boiler (2021), newer roof, fresh exterior paint (2026), and double-pane windows throughout. Unit 901B was fully remodeled in 2025 with LVP flooring, quartz countertops, and stainless appliances. Add a refreshed laundry room with front-load W/D and a three-car garage for added income upside.The 1 bed unit lease ends 6/30 and both 2 bed units have leases ending 8/31 - ideal timing to push rents or house hack in one of Denver's hottest corridors. Cap Rate Calculation is done based on ACTUAL rents, taxes and insurance and 7.2% is ACCURATE. Opportunities like this don't wait....
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Home facts
- Year built:1962
- Listing ID #:1948142
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Flooring:Carpet, Tile, Vinyl, Wood
- Kitchen Description:Dishwasher, Microwave, Oven, Range, Refrigerator
- Basement:Yes
- Basement Description:Finished, Full
- Living area:3,320 sq. ft.
Heating and cooling
- Cooling:Air Conditioning-Room
- Heating:Baseboard, Steam
Structure and exterior
- Roof:Composition
- Year built:1962
- Building area:3,320 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Corner, Landscaped, Level
- Construction Materials:Brick
- Exterior Features:Front Porch, Lighting, Patio, Private Yard, Rain Gutters
- Levels:1 Story
Schools
- High school:North
- Middle school:Strive Lake
- Elementary school:Cowell
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$924,000
- Price per sq. ft.:$278.31
- Tax amount:$5,971 (2024)
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:7
- Garage:Yes
- Garage spaces:3
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