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$1,050,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 0.16 Acres
  • Updated 5 days ago
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Great Red Brick 4 Plex Built in 1963* 4 Two Bedroom One Bath Units, Approximately 800 Square Feet Each* Each Unit Has It's Own Furnace, Water Heater, Stove, Refrigerator, Full Size Washer, and Full Size Dryer (Ownership Varies With Appliances)* Bi-Level Design- 2 Upper Units, 2 Lower Units* Each Unit Has It's Own Outside Entrance* Ample Parking- 9 Spaces- 6 in Front, 3 More Next to Alley* Separate Gas and Electric Meters (Common Water)* Close to Bus Line, Light Rail Not Far* Walking Distance to Lots of Stores and Restaurants* Close to Schools and Parks* Some Long Term Tenants* 3 One Year Leases; 1 Two Year Lease (Expires June 2027)* Quiet, Wide Street- Some Other Multi-Unit, Some Single Family* Condition of Units- 1 Good, 2 Pretty Much Average, 1 Could Use More Refreshing (Tenant Has Been There a Very Long Time)* New Bathroom Vanities, Sinks, & Faucets in All 4 Units* Some New Plumbing* All Rents $1500 / Month; Plus $70 Each for Water and Trash* Tenants Pay Their Own Gas and Electricity* A Few New Tempered Glass Windows On Lower Level* Architectural Impact-Resistant Roof Shingles- Approximately 12 Years Old* 2 Yard Sheds For Storage*

Full Property Details for 1042-1048 S Grove St

General

  • Price: $1,050,000
  • Taxes: $5,140 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MetroList_Colorado
  • MLS ID: 2845824
  • Updated: 3/27/2026
  • Added to Site: 15 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Flooring: Carpet

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: In Unit

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s)

Exterior

  • Exterior Features: Rain Gutters
  • Porch/Patio/Deck: Covered, Front Porch

Parking

  • Total Spaces: 9

Location

  • County: Denver
  • Subdivision: BOBO MCINTOSH & BARTON
  • Driving Directions: South Federal Blvd to W Mississippi Ave; West on W Mississippi Ave to S Grove St; North on S Grove St to Property
  • Direction Faces: West

School Information

  • Elem School District: Denver 1
  • Midd School District: Denver 1
  • High School District: Denver 1
  • Elementary School: Castro
  • Middle School: Strive Westwood
  • High School: Abraham Lincoln

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: Room Air Conditioning
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Gas: Yes
  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Connected

Structural Information

  • Structure Type: Quadruplex
  • Construction: Brick, Frame
  • Roof: Shingle
  • Square Feet: 3,136
  • Sq. Ft. Source: Public Records
  • Living Area: 3,136 Sq. Ft.
  • Year Built: 1978
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 7,050
  • Road Maintenance: Public Maintained Road
  • Fence: Yes
  • Lot Features: Level, Near Public Transit
  • Zoning: E-TH-2.5
  • Fencing (Description): Partial

Financial Considerations

  • Lease Price: $1,500
  • Tax Amount: $5,140
  • Tax Year: 2024
  • Terms: 1031 Exchange, Cash, Conventional, FHA
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Disclosures and Reports

  • Ownership: Individual
  • Special Conditions: None
  • Legal Description: BOBO MCINTOSH & BARTON SUB S 45FT OF W 117.5FT OF L35 & W117.5FT OF L34 EXC S 50.5FT OF L34
  • Exclusions: Any tenant owned items, any seller's personal property, if any.
  • Property ID: 5173-23-067

Listed by Action Properties Inc

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Listing agent

— 1042-1048 S Grove St —

  • Action Properties Inc

frechinrl@aol.com,720-351-3398

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Tax History for 1042-1048 S Grove St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,140
—
$44,470
-31%
2024
$5,140
2%
$64,900
—
2023
$5,029
—
$64,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Action Properties Inc

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1042-1048 S Grove Street, Denver, CO 80219 (MLS# 2845824) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 1042-1048 S Grove Street is currently listed for $1,050,000 and was received on March 27, 2026. Want to learn more about 1042-1048 S Grove Street? Do you have questions about finding other Multi-Family real estate for sale in Denver? You can browse all Denver real estate or contact a Coldwell Banker agent to request more information.

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