980 S Dexter Street Denver, CO ^$ 4,500,000

980 S Dexter Street

^$ 4,500,000

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Recently Listed

980 S Dexter Street

Denver, CO, 80246

^$ 4,500,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 31,080

Listed by Folsom & Company Real Estate, Llc

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Commercial Property for sale in Denver, CO

for $4,500,000. This building was built in 1974.

Apex 980 is a 30-unit multifamily community across two adjoining parcels at 980 and the vacant 970 S. Dexter Street, both zoned MX-8 with potential for development. The seller offers the parcels and existing building as a single opportunity. Built in 1974 and improved with ongoing updates over the course of ownership, the property is distinguished by a furnished and flexible-term leasing model. Roughly two-thirds of units include furniture, utilities, and/or parking bundled into base rent, which has allowed ownership to achieve premium in-place rents relative to a traditional unfurnished workforce product. The property serves a resilient tenant base of relocating professionals, traveling workers, and mid-term renters. Current signed rent roll ($35,248/month base rent) has climbed steadily through 2026 (from $28,123/month in January), reflecting in-place mark-to-market upside progressively captured through re-leasing. Unified two-parcel assemblage provides dedicated parking/site infrastructure on the 970 parcel and clean ownership history, uncommon for a 30-unit asset in this location. Beyond its in-place income, Apex 980's assemblage offers a buyer potential optionality on the 970 S. Dexter parcel, which today provides surface parking and site infrastructure rather than income-producing improvements. In 2024, the City and County of Denver adopted a proactive rezoning. That rezoning introduced a series of Suburban Mixed Use zone districts along major corridors, and Denver's citywide parking reform has also eliminated minimum off-street parking requirements in many mixed-use districts.

Commercial Active

Price

^$ 4,500,000

Property Type

Commercial

Taxes

^$ 22,340

Style

Multi Family

Year Built

1974

Town/City

Denver

County/Region

Denver

MLS | Web ID

5637784

Features

General

Sewer Public Sewer

Zoning S-MX-8

Garage Spaces 0

Year Built 1974

Property Subtype Multi Family

Current Use Multi-Family

Parcel Number 6183-03-015

County Denver

Property Type Commercial Sale

HOA N

Attached Garage N

City Denver

Senior Community Y/N N

Number Of Units Total 30

Carport Spaces 0

Property Attached Y/N N

Tax Annual Amount 22340

Standard Status Active

Freehold IDX

* Excluded Features

List By

Folsom & Company Real Estate, Llc

Broker

ahawkco@gmail.com

Contact

Affordability Calculator

$32,942

Per Month

Monthly Principal & Interest: $31,080
Monthly Property Taxes: $1,862
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Commerical listings in Denver, CO

Average List Price ^$1,693,553

Percent of Sale Price 62%

About Denver, CO

24,748 Population

9% Since 2002

^$36,940 Median Income

38.83 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
10/12/2026	$4,500,000		Listed Price

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980 S Dexter Street, Denver, CO, 80246 is a Commercial Property for sale at $4,500,000. 980 S Dexter Street was built in 1974. The property's zip code is 80246 which is in Denver, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/15/2026.

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980 S Dexter Street

Commercial Property for sale in Denver, CO

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