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$1,595,000
Property Description
Rare opportunity to own a fully renovated, side-by-side townhome-style quadplex with one vacant unit, allowing an owner-occupant to purchase and immediately house hack. Over $130K in recent improvements, strong rental history, and nothing left to do-this property is fully turnkey and ready to cash flow. Renovated in 2023, the building includes three 3-bed/2.5-bath units and one 3-bed unit already roughed-in for a full 2.5 baths, creating built-in upside. Interior upgrades include new kitchens with stainless appliances, granite countertops, and tile backsplashes, renovated bathrooms with tiled surrounds, luxury vinyl plank flooring, new windows, lighting, interior doors, and hardware; plus in-unit washers and dryers and private basement storage. Major system improvements include updated electrical panels, central air systems, furnaces, and water heaters. Exterior upgrades feature a new roof, fresh paint, new steel exterior doors, updated lighting, privacy fencing, retaining wall, foam-leveled sidewalks, and buried downspouts for long-term durability. Ideal for investors or house hackers: live in the vacant unit while the others offset your mortgage, or rent all four for immediate income. Durable, low-maintenance, and exceptionally rare-close and collect. T12 and rent roll available. Do not disturb tenants.
Full Property Details
Full Property Details for 3401 W Milan Ave
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General
- Price: $1,595,000
- Taxes: $6,580 (2024)
- Status: Active
- Type: Multi-Family
- Source: MetroList_Colorado
- MLS ID: 2059441
- Updated: 2/2/2026
- Added to Site: 283 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Granite Counters, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 11
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: In Basement, In Unit
Exterior
- Porch/Patio/Deck: Deck
Parking
- Total Spaces: 10
- Parking Features: Concrete
Location
- County: Arapahoe
- Subdivision: Sheridan
- Direction Faces: South
School Information
- Elem School District: Sheridan 2
- Midd School District: Sheridan 2
- High School District: Sheridan 2
- Elementary School: Sheridan
- Middle School: Sheridan
- High School: Sheridan
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Structural Information
- Structure Type: Quadruplex
- Construction: Brick, Frame
- Basement: Yes
- Basement Desc.: Finished
- Roof: Composition
- Square Feet: 8,148
- Sq. Ft. Source: Public Records
- Living Area: 8,148 Sq. Ft.
- Year Built: 1982
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 11,979
- Road Maintenance: Public Maintained Road
- Lot Features: Corner Lot
Green Features
- Energy Efficient: HVAC
Financial Considerations
- Operating Expenses: Accounting, Advertising, Maintenance, Utilities
- Tax Amount: $6,580
- Tax Year: 2024
- Terms: 1031 Exchange, Cash, Conventional, FHA
- Owner Pays: Exterior Maintenance, Trash Collection, Water
- Tenant Pays: Electricity, Gas, Internet
Disclosures and Reports
- Ownership: Agent Owner
- Special Conditions: None
- Legal Description: TRACTS A & B BLK 10 SHERIDAN 1ST ADD REPLAT OF LOTS 9 & 10 BLK 10
- Exclusions: Tenants' personal property
- Property ID: 32471638
Listed by Keller Williams Realty Downtown LLC
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Schools
Schools serving 3401 W Milan Ave
School District:Sheridan School District 2
| Name | Grades | Distance |
|---|---|---|
Fort Logan Northgate 4000 South Lowell Boulevard, Denver, CO 80236 | 3-8 | 0.2 mi |
Sheridan Elementary School 4485 South Irving Street, Englewood, CO 80110 | K-2 | 0.7 mi |
Sheridan High School 3201 West Oxford Avenue, Englewood, CO 80110 | 9-12 | 0.2 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 3401 W Milan Ave
Date
Details
Price
Change
Source
4/01/2022
Sold
$1,266,350
—
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.
Tax History
Tax History for 3401 W Milan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,580
-7%
$65,000
-9%
2023
$7,064
18%
$71,355
—
2023
$6,011
-1%
$71,355
19%
2022
$6,076
7%
$59,840
-5%
2021
$5,686
31%
$62,920
38%
2019
$4,351
48%
$45,760
38%
2017
$2,943
-8%
$33,120
-1%
2016
$3,202
4%
$33,464
—
2015
$3,086
60%
$33,464
40%
2014
$1,929
-1%
$23,880
—
2013
$1,942
—
$23,880
—
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 3401 W Milan Ave
3401 W Milan Avenue, Denver, CO 80236 (MLS# 2059441) is a Multi-Family property with units containing 12 bedrooms and 0 full bathrooms. 3401 W Milan Avenue is currently listed for $1,595,000 and was received on May 12, 2025. Want to learn more about 3401 W Milan Avenue? 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.
