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1144-1150 S Cherokee Street, Denver, CO, 80223

12beds
5baths
5,145sqft
$1,200,000
$233price/sqft
$7,500/moest. monthly cost
$300,000/yrincome needed

About This Home

This is a portfolio sale of four (4) individual properties to be sold together. The land is zoned I-A (light industrial) and the properties can remain a residential use upon completion of the renovations. This property is a redevelopment or remodeling opportunity. All properties need cosmetic and some structural repairs to maximize cash-flow. The properties can be delivered vacant and ready to start your project!

Getting Around

67
WalkingSomewhat Walkable
58
TransitGood Transit
74
BikeVery Bikeable

Schools

6/10
Grant Middle SchoolGrades 6-80.9 mi
7/10
South High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1892

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Frame,Stucco,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 5

Features

  • Flooring: Carpet,Vinyl
  • Finished area above ground: 5,145
  • Common walls with other units/homes: No Common Walls,No One Above,No One Below

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Air Conditioning-Room

Interior Area

  • Total structure area: 5,145
  • Total interior livable area: 5,145 sqft

Property

Details

  • Parcel number: 522302004
  • Zoning: I-A
  • Special condition: Standard
  • Exclusions: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch,Patio
  • Exterior features: Private Yard
  • Fencing: Partial

Lot

  • Lot size: 0.36 Acres
  • Features: Level,Near Public Transit

Parking

  • Total spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Tornado

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$576$6,912
Property Taxes $469$5,628
Electricity $388$4,660
Total$7,500$90,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$257,142/yr
40% on housing$225,000/yr
45% on housing$200,000/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.7%
12.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$233This listing

vs Other Active Listings

Avg $/sqft

ZIP 80223$193
Denver County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 80223$336
Denver County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-11-22Listed for sale$1,200,000

For Sale by Agent

AgentMichael Corbey
BrokerageRealspace Commercial Real Estate Llc

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