2950 W 42 Avenue Denver, CO $ 1,199,000
2950 W 42 Avenue
$ 1,199,000
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2950 W 42 Avenue

Denver, CO, 80211
$ 1,199,000
Bedrooms-- Baths-- Sq 3,028

Monthly Estimate*

$ 7,571

Listed by Escalante Real Estate
2950 W 42 Avenue, Denver, CO 80211 - Image 1
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2950 W 42 Avenue, Denver, CO 80211 - Image 11
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Commercial Property for sale in Denver, CO

for $1,199,000. This 3,028 square foot building was built in 1949 on a lot size of 0.16.

Positioned in Denver's sought-after Sunnyside neighborhood, 2950 W 42nd Ave presents an exceptional opportunity to own a five-unit multifamily property in one of the city's most desirable urban markets. Located just minutes from Downtown Denver, LoHi, Highlands Square, and Berkeley, the property offers residents an ideal combination of neighborhood charm, walkability, and convenient access to major employment centers. The property features five residential units on a generously sized lot in a well-established residential setting. All units have been updated with modern finishes including remodeled kitchens and bathrooms creating an attractive living experience for today's renters while offering future upside through continued improvements and rental growth. Residents enjoy proximity to local favorites including coffee shops, breweries, restaurants, neighborhood parks, and grocery stores, along with easy access to I-25, I-70, and Union Station. Nearby amenities such as Rocky Mountain Lake Park, Chaffee Park, LoHi, and Highlands Square further enhance the property's appeal and support strong tenant demand. Situated in a neighborhood known for continued appreciation, redevelopment, and limited multifamily inventory, this property represents a compelling investment in one of Denver's strongest rental markets.

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Commercial Active

Price

$ 1,199,000

Property Type

Commercial

Taxes

$ 6,713

Style

Lot Size

0.16

Year Built

1949

Town/City

Denver

County/Region

Denver

MLS | Web ID

4964199

Features
General
Sewer Public Sewer
Possession Closing/DOD
Roof Composition
Zoning U-SU-C1
Garage Spaces 5
Construction Materials Brick
Exclusions Tenants Personal properties
Year Built 1949
Stories Count 1
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
County Denver
Property Type Commercial Sale
Attached Garage Y
Status Active
City Denver
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 6863
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 6713
Leasable Area 3028
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.44
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Exterior
Parking Features Concrete
Lot Features Corner Lot Near Public Transit
Total Parking 5
Lot Size Area 6863
Building Area Total 3028
Lot Size Acres 0.16
Road Frontage Type Public
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Internal Only
Street Number 1 2950
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* Excluded Features
List By
Escalante Real Estate

Broker

(303) 378-6737

Phone

Affordability Calculator

$8,130
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,571
Monthly Property Taxes
$559
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$1,199,000 Listed Price

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2950 W 42 Avenue, Denver, CO, 80211 is a Commercial Property for sale at $1,199,000 with 3,028 sqft and a lot size of 0.16. 2950 W 42 Avenue was built in 1949. The property's zip code is 80211 which is in Denver, CO