Date
Details
Price
Change
Source
9/12/2019
Sold
$925,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/9
$1,500,000
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1/9
Property Description
Tremendous opportunity with this very unique situation! This listing includes both 2344/2346 Downing Street & 1200-1206 E 24th Ave. Two separate legal parcels allow you to get two conventional (even FHA) loans and two insurance policies offering better rates and terms than commercial products. You could sell the parcels separately or go one step further and sell each unit individually through a party wall split. However, this also makes a great hold! Offered at over a 5.8% cap rate on actual numbers, this turnkey asset boasts 2 to 1 parking, WA/DR in each unit, separate hot water heaters and HVAC systems. (5 of the 6 have central air) Large lot that would allow you to build additional units through an ADU. Long term tenants who pay their own electric and gas. Ideally located close to downtown, Rino, RTD, parks, shopping, restaurants, etc.
Full Property Details
Full Property Details for 1200 E 24th Ave
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General
- Price: $1,500,000
- Taxes: $4,618 (2024)
- Status: Active
- Type: Commercial Multi-Family
- Source: MetroList_Colorado
- MLS ID: 4895373
- Updated: 2/3/2026
- Added to Site: 7 day(s) ago
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Parking
- Total Spaces: 12
Location
- County: Denver
- Driving Directions: Located on the SE corner of 24th & Downing. Duplex on Downing & four unit on 24th
Community
- Pets Allowed: Yes
Utilities
- Gas: Yes
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Structural Information
- Architectural Style: Traditional
- Structure Type: Free Standing
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 3,101
- Current Bldg. Use: Multi-Family
- Year Built: 1945
Unit Information
- Unit Features: Assigned Parking
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,668
- Frontage: Public
- Street/Road Desc.: Alley Paved, Paved
- Road Maintenance: Public Maintained Road
- Lot Features: Corner Lot, Near Public Transit
- Zoning: U-SU-B1
Financial Considerations
- Operating Expenses: Accounting, Advertising, Insurance, Maintenance, Real Estate Tax, Utilities
- Tax Amount: $4,618
- Tax Year: 2024
- Terms: Cash, Conventional
- Owner Pays: Taxes, Trash Collection, Water
- Tenant Pays: Cable TV, Electricity, Gas, Internet, Telephone
Disclosures and Reports
- Documents Avail.: Leases, Legal Description, Profit/Loss Statement, Rental Average
- Legal Description: NURSERY ADD BLK 32 L1 TO 4 INC EXC W 86FT OF L3 & 4 & EXC W86FT OF S 3FT OF L2 AND W 86FT OF L 3 & 4 & OF S 3FT OF 2 BLK 32 NURSERY ADD
- Exclusions: Tenants' personal possessions
- Property ID: 2352-20-001
Listed by Synergy Associates Inc
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Listing agents
— 1200 E 24th Ave —
Synergy Associates Inc
Synergy Associates Inc
matt-moon@comcast.net,720-275-1507
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1200 E 24th Ave
School District:Denver County School District 1
| Name | Grades | Distance |
|---|---|---|
Whittier K-8 School 2480 North Downing Street, Denver, CO 80205 | PK-5 | 0.1 mi |
Cole Arts And Science Academy 1350 East 33rd Avenue, Denver, CO 80205 | K-5 | 0.7 mi |
University Preparatory School 2409 Arapahoe Street, Denver, CO 80205 | PK-5 | 0.7 mi |
Dsst: Cole 3240 North Humboldt Street, Denver, CO 80205 | 6-8 | 0.8 mi |
Mcauliffe Manual Middle School 2540 Holly Street, Denver, CO 80207 | 6-8 | 2.8 mi |
Manual High School 1700 East 28th Ave, Denver, CO 80205 | 9-12 | 0.4 mi |
Wyatt Academy 3620 Franklin Street, Denver, CO 80205 | K-5 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1200 E 24th Ave
Tax History
Tax History for 1200 E 24th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,618
2%
$58,300
—
2023
$4,517
12%
$58,300
13%
2021
$4,048
—
$51,600
-5%
2021
$4,048
24%
$54,250
23%
2020
$3,277
3%
$44,170
—
2019
$3,185
-7%
$44,170
—
2018
$3,408
—
$44,050
—
2017
$3,398
54%
$44,050
63%
2016
$2,203
4%
$27,010
—
2015
$2,110
—
$27,010
6%
2014
$2,110
—
$25,410
—
2013
$2,111
—
$25,410
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1200 E 24th Ave
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1200 E 24th Avenue, Denver, CO 80205 (MLS# 4895373) is a Commercial Multi-Family property. 1200 E 24th Avenue is currently listed for $1,500,000 and was received on February 02, 2026. Want to learn more about 1200 E 24th Avenue? Do you have questions about finding other Commercial 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.