2875 N Harrison Street, Denver, CO 80205
Denver County
Key Facts
Description
2875 N Harrison Street presents a rare opportunity to acquire a stabilized 6-unit multifamily asset in one of Denver’s most dynamic infill neighborhoods. Situated on a large 0.45-acre corner lot near City Park, the property combines strong in-place cash flow with long-term redevelopment upside in a rapidly appreciating corridor. The single-story brick building offers operational simplicity with individually metered gas and electric, reducing landlord expenses and supporting efficient management. The property is currently operating at approximately a 7.46% cap rate with additional upside through continued rent optimization and future repositioning opportunities such as Condo Conversion. Beyond the existing income stream, the true value lies in the land and zoning flexibility. The E-MU-2.5 zoning allows for multiple residential redevelopment strategies including urban houses, duplexes, and townhomes, creating an attractive covered land play for investors seeking both current yield and future appreciation potential. Located minutes from City Park, downtown Denver, RiNo, and major redevelopment corridors, the property benefits from strong demographics, continued neighborhood investment, and growing demand for workforce and urban housing. The surrounding area features an average household income exceeding $123,000 within a one-mile radius and continued nearby development activity. Whether you are an investor seeking stable cash flow, a value-add operator looking for upside, or a developer pursuing a future land repositioning opportunity, 2875 N Harrison Street offers a compelling combination of income, location, and long-term potential.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1953
Living Area
4,500 sq ft
Lot Size
0.45 acres
Parking Spaces
6
Zoning
E-MU-2.5
Days on Market
17
MLS® Listing#
2873504
Property Features
Construction
Roof
Security
Sewer
Water Source
Financial Details
Annual Taxes
$7,904
Tax year 2024
Parcel Number
2254-25-013
Affordability Calculator
$160,000
Estimated monthly payment
$4,258/mo
Principal $640,000 · Est. interest $892,857 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Denver, CO
- $527,515
- Median Listing Price
- 72
- Median Days on Market
- 1,332
- Median Sq Ft
- $369
- Median Price / Sq Ft
- 8,107
- Active Listings
- This home’s price is 52% above the area median.
- Its price per sq ft is 52% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Denver, CO.
Location
Points of Interest in Denver, CO
Showing the Denver area map.
Nearby Schools
Barrett Elementary School
Elementary · 0.0 mi away
Clayton Early Learning
School · 0.3 mi away
Garfield Montessori School
Elementary · 0.3 mi away
Stedman Elementary School
Elementary · 0.5 mi away
Union Baptist Church
Elementary · 0.6 mi away
Hillcrest Academy
School · 0.6 mi away
Columbine Elementary School
Elementary · 0.8 mi away
Prep Academy
School · 0.8 mi away
Pioneer Charter School
Secondary · 0.9 mi away
University Prep - Steele Street
Primary School · 0.9 mi away
Hope Center
Elementary · 0.9 mi away
Watchcare Academy
School · 0.9 mi away
Inner City School
School · 1.0 mi away
Blessed Sacrament Catholic School
School · 1.1 mi away
Park Hill School
Elementary · 1.1 mi away
French American School of Denver
Elementary · 1.1 mi away
Bruce Randolph School
Secondary · 1.1 mi away
Roots Elementary
Elementary · 1.1 mi away
Venture Prep
School · 1.1 mi away
Smiley Middle School
Secondary · 1.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3131 E Alameda Avenue 503, Denver, CO | $560,000 | 2 | 2 | 1,392 |
| 7183 E Warren Dr, Denver, CO | $560,000 | 3 | 3 | 1,961 |
| 15803 E Warner Dr, Denver, CO | $560,000 | 4 | 3 | 2,139 |
| 790 N Clarkson St 101, Denver, CO | $560,000 | 2 | 2 | 1,419 |
| 3362 S Albion Street, Denver, CO | $560,000 | — | — | — |
| 5355 E Asbury Avenue, Denver, CO | $560,000 | 5 | 2 | 2,207 |
Moving Cost Estimate
EXIT Agents in Denver
Listing Courtesy: Crest Hawk Management Inc - brando2338@gmail.com,303-359-1522
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PUBLISHER'S NOTICE: 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. 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.
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