3251-3263 Olive Street Denver, CO ^$ 1,225,000

3251-3263 Olive Street

^$ 1,225,000

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3251-3263 Olive Street

Denver, CO, 80207

^$ 1,225,000

Bedrooms-- Baths0.0 Sq 3,844

Monthly Estimate*

^$ 8,461

Listed by NorthPeak Commercial Advisors, LLC

3251-3263 Olive Street, Denver, CO 80207 - Image 1

3251-3263 Olive Street, Denver, CO 80207 - Image 2

3251-3263 Olive Street, Denver, CO 80207 - Image 3

3251-3263 Olive Street, Denver, CO 80207 - Image 4

3251-3263 Olive Street, Denver, CO 80207 - Image 5

3251-3263 Olive Street, Denver, CO 80207 - Image 6

Multi-Family Home for sale in Denver, CO

for $1,225,000. This 3,844 square foot home was built in 1955.

3251-3263 Olive St. is an attractive 6-unit apartment building located in the Park Hill neighborhood of Denver. The building features (5) 2Bd/1Ba and (1) 3Bd/1Ba units situated in a side-by-side layout which is always preferred by both tenants and investors. The property is currently 100% occupied with proven stability of income. This listing boasts a current 6.8% cap rate on real income and expenses. With modest rent increases, investors can improve this to a 7.3% cap rate. Current ownership completed a full overhaul of the property in 2016 including a new roof, full electrical upgrade, new plumbing throughout, new furnaces, in-unit laundry, and full unit remodels. All units have their own gas (separate furnaces) and electric meters which reduce ownership expenses. Tenants enjoy access to their private laundry, 7 parking spaces for the 6 units, and 4 of the units having access to fenced in back yards. For the right investor, this is a high cash flowing deal with no deferred maintenance in a great neighborhood of Denver. Highlights: Full property renovation in 2016 including new: roof, full electrical upgrade, furnaces, in-unit laundry, plumbing throughout, and full unit remodels Premium 2bedroom and 3bedroom floor plans with in-unit laundry Separately metered for both gas and electric which tenants pay directly High returns on day 1 of ownership - 6.8% cap rate! Attractive Park Hill location

Multi-Family Pending

Price

^$ 1,225,000

Property Type

Multi-Family

Taxes

^$ 8,020

Style

Quadruplex

Year Built

1955

Town/City

Denver

County/Region

Denver

MLS | Web ID

2104014

Features

General

Living Area 3844

Sewer Public Sewer

Heating Floor Furnace

Cooling Other

Roof Shingle

Zoning E-SU-DX

Garage Spaces 0

Construction Materials Brick

Year Built 1955

Levels One

Property Subtype Quadruplex

Parcel Number 1291-13-010

County Denver

Property Type Residential Income

HOA N

Attached Garage N

Subdivision Name Elmwood

High School Northfield

City Denver

Senior Community Y/N N

High School District Denver 1

Carport Spaces 0

Elementary School Smith Renaissance

Property Attached Y/N N

Tax Annual Amount 8020

Middle/Junior High School Smiley

Standard Status Pending

Middle/Junior School District Denver 1

Elementary School District Denver 1

Freehold IDX

Exterior

Lot Features Level

* Excluded Features

List By

Northpeak Commercial Advisors, Llc

Broker

jack@northpeakcre.com

Contact

Affordability Calculator

$9,129

Per Month

Monthly Principal & Interest: $8,461
Monthly Property Taxes: $668
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

Multi-family listings in Denver, CO

Average List Price ^$956,747

Percent of Sale Price 22%

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.

732446 Elementary School

3043380 Middle School

Northfield High School High School

Pricing History

Date	Price	Price Change	Description
10/1/2026	$1,225,000		Listed Price

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3251-3263 Olive Street, Denver, CO, 80207 is a Multi-Family Home for sale at $1,225,000 with 3,844 sqft. 3251-3263 Olive Street has 0.0 baths and was built in 1955. The property's zip code is 80207 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.

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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 10/22/2026.

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3251-3263 Olive Street

Multi-Family Home for sale in Denver, CO

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