982 S Sheridan Boulevard, Denver, CO 80226

Denver
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
982 S Sheridan Boulevard,Denver, CO 80226
$1,850,000
  • 20 Beds
  • 10 Baths
  • 7,500 sq. ft.
  • Multi-family
  • Active
Listed by: charles burkhart
Office: marcus & millichap real estate investment services of atlanta, inc.
MLS#:3064703
Source:ML

Price summary

  • Price:$1,850,000
  • Price per sq. ft.:$246.67

About this home

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 6030 Yarrow Street, a stabilized six-unit multifamily investment in Arvada, Colorado. Offered at a 6.46% in-place cap rate with projected expansion to 7.41% in Year One, the asset provides a clear path to immediate income growth through achievable trade-outs rather than reliance on speculative value-add execution. The property features a balanced mix of two- and three-bedroom units, with current average rents of $1,843 for two-bedrooms and $2,050 for three-bedrooms. This larger-unit profile aligns with durable tenant demand in one of the northwest metro’s most supply-constrained submarkets. With projected stabilized cash-on-cash returns exceeding 10%, the investment offers consistent yield and attractive risk-adjusted performance throughout the hold period. Strategically located near Olde Town Arvada with strong commuter access, 6030 Yarrow Street benefits from desirable 1980s construction—an uncommon...

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Home facts

  • Year built:1956
  • Listing ID #:3064703

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:10
  • Living area:7,500 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1956
  • Building area:7,500 sq. ft.
  • Lot Features:Level
  • Construction Materials:Brick
  • Levels:1 Story

Schools

  • High school:John F. Kennedy
  • Middle school:DSST: Byers Middle School
  • Elementary school:Force

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,850,000
  • Price per sq. ft.:$246.67
  • Tax amount:$9,525 (2024)

Parking

  • Total parking spaces:16
MLS LogoBased on information submitted to the MLS GRID as of May 28, 2026 08:39 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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