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Home » Real Estate » CO » Denver » 80236 » 3445 W Mansfield Ave, Denver, CO, 80236
$1,199,900

3445 W Mansfield Ave, Denver, CO, 80236

10 Beds
5 Baths
4,515 Square Feet
Turnkey Fourplex Investment Opportunity with Expansion Potential & Adjacent Land Upside! Exceptional value-add multifamily investment opportunity located in a Qualified Opportunity Zone in the rapidly growing Sheridan/Denver market! This remodeled income-producing property offers a rare combination of strong in-place cash flow and future development potential. Spanning approximately 4,515 sq ft,the property features a desirable unit mix including 2-and 3-bedroom units plus a studio. One of the property's standout value-add features is a unit currently leased to two separate tenants, generating enhanced rental income. All units are currently occupied, and leases will transfer with the sale. The owner has invested heavily in recent capital improvements, including three new furnaces, HVAC upgrades, updated electrical service, critical sewer infrastructure work, and replacement of most windows throughout the property. Tenant amenities set this property apart with parking for 15+ vehicles, private yard areas, multiple storage sheds/outbuildings, and even a basketball court. Positioned on an oversized lot with favorable zoning characteristics, the property also presents compelling long-term redevelopment and expansion potential. Current zoning may allow future expansion up to 8 units, subject to Buyer obtaining all required approvals and permits from the City of Sheridan. Seller is separately offering the adjacent land parcel located at 3435 1/2 W Mansfield Ave (MLS #3939482), creating exciting possibilities for expanded parking,or future development opportunities. Conveniently located minutes from Downtown Denver,Santa Fe Drive, and US-285, this property benefits from strong rental demand driven by accessibility, redevelopment activity, and proximity to major employment, shopping and dining. Ideal for investors seeking immediate cash flow, long-term appreciation, or future development upside in one of the Denver metro area's evolving investment corri...
Offered By
Ivelina Mileva, Equity Colorado Real Estate

Property Details

Property Type Residential Income
Status Active
Bedrooms 10
Square Feet 4,515
MLS # 4416130

Market Trends

New Properties On Market
24
118% Increase In New Listings
Average Asking Price
$560,358
$119,732 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$250
$7 Decrease In List Price/Sq. Ft.
Average Days On Market
6
31 Day Decrease In Days On Market
Data as of Jun 04, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.