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$1,850,000 New to Website
Property Description
Marcus & Millichap is pleased to present the exclusive opportunity to acquire 982 S Sheridan Blvd, a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation. With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income. 982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denver's strong market fundamentals.
Full Property Details
Full Property Details for 982 S Sheridan Blvd
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General
- Price: $1,850,000
- Taxes: $9,525 (2024)
- Status: Active
- Type: Multi-Family
- Source: MetroList_Colorado
- MLS ID: 3064703
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 10
Bedrooms
- Total Bedrooms: 20
Parking
- Total Spaces: 16
Location
- County: Denver
- Subdivision: Westwood
School Information
- Elem School District: Denver 1
- Midd School District: Denver 1
- High School District: Denver 1
- Elementary School: Force
- Middle School: DSST: Byers Middle School
- High School: John F. Kennedy
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Quadruplex
- Construction: Brick
- Square Feet: 7,500
- Sq. Ft. Source: Public Records
- Living Area: 7,500 Sq. Ft.
- Year Built: 1956
Lot Features
- Lot Features: Level
- Zoning: E-TU-C
Financial Considerations
- Tax Amount: $9,525
- Tax Year: 2024
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: T4 R68 S18 SW/4 DIF BOOK 0327-580 EXC WLY 10FT FOR ROWSHERIDAN BLVD
- Property ID: 5183-00-882
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
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Schools
Schools serving 982 S Sheridan Blvd
School District:Denver County School District 1
| Name | Grades | Distance |
|---|---|---|
Force Elementary School 1550 South Wolff Street, Denver, CO 80219 | K-5 | 0.7 mi |
Kunsmiller Creative Arts Academy 2250 South Quitman Way, Denver, CO 80219 | 6-8 | 1.8 mi |
Kipp Sunshine Peak Academy 375 South Tejon Street, Denver, CO 80223 | 6-8 | 2.3 mi |
Strive Prep - Kepner 911 South Hazel Court, Denver, CO 80219 | 6-8 | 1.3 mi |
Kepner Beacon Middle School 911 South Hazel Court, Denver, CO 80219 | 6-8 | 1.3 mi |
Strive Prep - Westwood Campus 3201 West Arizona Avenue, Denver, CO 80219 | 6-8 | 1.3 mi |
John F Kennedy High School 2855 South Lamar Street, Denver, CO 80227 | 9-12 | 2.7 mi |
Compass Academy 2285 South Federal Boulevard, Denver, CO 80219 | 6-8 | 2.1 mi |
Dsst: College View Middle School 3111 West Dartmouth Avenue, Denver, CO 80236 | 6-8 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 982 S Sheridan Blvd
Date
Details
Price
Change
Source
2/09/2022
Sold
$1,325,000
—
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.
Tax History
Tax History for 982 S Sheridan Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,525
—
$154,750
29%
2024
$9,525
-9%
$120,260
-11%
2023
$10,440
31%
$134,730
33%
2021
$7,945
—
$101,250
-5%
2021
$7,945
10%
$106,470
9%
2020
$7,249
3%
$97,700
—
2019
$7,046
37%
$97,700
47%
2018
$5,146
—
$66,520
—
2017
$5,131
1%
$66,520
7%
2016
$5,087
4%
$62,380
—
2015
$4,874
73%
$62,380
84%
2014
$2,822
—
$33,980
—
2013
$2,823
—
$33,980
—
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 982 S Sheridan Blvd
982 S Sheridan Boulevard, Denver, CO 80226 (MLS# 3064703) is a Multi-Family property with units containing 20 bedrooms and 0 full bathrooms. 982 S Sheridan Boulevard is currently listed for $1,850,000 and was received on May 28, 2026. Want to learn more about 982 S Sheridan Boulevard? 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.
