Denver, CO 80236 3401 W Milan Ave

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Presented By: Keller Williams Realty Downtown LLC; scott@bringhomedenver.com,970-412-7863
  • MLS# 2059441
  • 05/12/2025
  • Request Tour
  • Request Info
  • Beds • 12
  • Baths • 11
  • SQFT • 8,148
  • Garage • 10

Home Details

Rare opportunity to own a fully renovated side-by-side townhome-style quadplex-a truly unique layout that lives like individual homes. This turnkey investment was completely overhauled in 2023 with high-end finishes and major systems replaced, making it ideal for investors or owner-occupants looking for a hassle-free, cash-flowing property. The building consists of three spacious 3-bedroom, 2.5-bath units and one 3-bedroom, 1.5-bath unit that is roughed-in and ready to be finished as a full 2.5-bath unit, maximizing rental potential. Inside, each unit features luxury vinyl plank flooring, all new lighting, new interior doors and hardware, new windows, modern bathrooms with tiled tub surrounds and sleek vanities, and beautifully renovated kitchens with stainless steel appliances, granite countertops, and tiled backsplashes. Tenants enjoy in-unit washer and dryers, individual storage space in the basement, and private, home-like living. Most major systems were upgraded, including new electric panels, HVAC systems, several new water heaters, and several new furnaces. The exterior has also been fully transformed with a new roof, fresh paint, new steel exterior doors, updated exterior lighting, new privacy fencing, a new retaining wall, and foam-leveled sidewalks for long-term durability and curb appeal. Rent all four units as-is for immediate income, house-hack one unit while the others cover your mortgage, or explore subdividing the units and selling them individually as townhomes. With everything already done, this one-of-a-kind property offers endless upside and minimal effort-just close and cash flow. No showings without contract, property is fully leased. Do not disturb tenants. See supplements section for T12 Income Statement and Rent Roll. Photos are representative of the current condition of the units.
Presented By: Keller Williams Realty Downtown LLC; scott@bringhomedenver.com,970-412-7863

Interior Features for 3401 W Milan Ave

Bedrooms

Total Bedrooms12

Bathrooms

Total Baths11

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area5442
Air Conditioning Y/NYes
BasementPartially Finished
Below Grade Finished Area2706
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesWalk-In Closet(s)

General for 3401 W Milan Ave

AppliancesDishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Attached Garage No
Cap Rate6.199999
CityDenver
Construction MaterialsWood/Frame, Brick/Brick Veneer
CoolingCentral Air, Ceiling Fan(s)
CountyArapahoe
ElectricElectric, Separate Meter Electricity
Elementary SchoolSheridan
Energy EfficientHVAC
ExclusionsTenants' personal property
Facing DirectionSouth
Garage Spaces10
Garage Y/NYes
Gas Y/NSeparate Meter Gas
Gross Income114650
HOANo
HeatingForced Air
High SchoolSheridan
High School DistrictSheridan 2
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet11979
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolSheridan
Net Operating Income104956
New ConstructionNo
Number Of Units Total4
Operating Expense9694
Patio/Porch FeaturesDeck
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameSheridan
Tax Annual Amount6580
Tax Year2024
Tenant PaysGas, Electricity
UtilitiesElectricity Available, Cable Available
Year Built1982

Exterior for 3401 W Milan Ave

Building Area Total8148
Covered Spaces10
Horse Y/NNo
Lot FeaturesCorner Lot
Lot Size Acres0.28
Lot Size Area11979
SpaNo
Water SourceCity Water
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Sheridan Elementary School
Middle School Sheridan Middle School
High School Sheridan High School

Jon Holsten

Price $1,699,000
MLS#2059441
List Date 05/12/2025
Property Type Income
Phone 970.237.2752
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