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1015 S Eliot Street #4, Denver, CO, 80219

8beds
8baths
5,043sqft
$975,000
$193price/sqft
$6,194/moest. monthly cost
$247,760/yrincome needed

About This Home

Well-maintained 4-unit investment opportunity in a centrally located Denver neighborhood with strong rental demand and value-add potential. The property consists of four 2-bedroom, 1-bath units in a two-story, walk-up building with dedicated off-street parking and direct exterior unit entrances. Three units are currently occupied (all June 1st expirations), providing a new owner to renew current leases, capturing the immediate income, while one unit is vacant and fully renovated, featuring new drywall, fresh paint, new carpet, and updated appliances — ideal for an owner-occupant or to lease at market rent; or provides a new owner an opportunity to not renew the remaining tenants and have a fully vacant 4-unit building to reposition. The asset offers a compelling blend of in-place cash flow and upside through rent increases, with similar units in the area supporting higher rental rates. Recent improvements and ongoing exterior cleanup enhance the property’s appeal and reduce near-term capital needs. Located with convenient access to major corridors, public transportation, and neighborhood amenities, this property presents an excellent opportunity for investors seeking a stable, small multifamily asset with operational upside.

Getting Around

82
WalkingVery Walkable
43
TransitSome Transit
61
BikeBikeable

Schools

6/10
4/10
1/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1979

Materials

  • Construction materials: Concrete,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modular
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Washer
  • Laundry features: In Unit

Features

  • Ceiling Fan(s),Laminate Counters,Pantry
  • Window features: Double Pane Windows,Window Coverings
  • Flooring: Carpet,Vinyl
  • Finished area above ground: 5,043

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,043
  • Total interior livable area: 5,043 sqft

Property

Details

  • Parcel number: 517400131
  • Attached to another structure: Yes
  • Zoning: E-TU-C
  • Exclusions: N/A

Features

  • Levels: Two
  • Entry location: Ground
  • Patio & porch: Patio
  • Exterior features: Garden,Lighting,Private Yard,Rain Gutters,Spa/Hot Tub
  • Fencing: Full
  • Residential vegetation: Cleared

Lot

  • Lot size: 7,840 sqft
  • Features: Level

Parking

  • Total spaces: 8
  • Parking features: Asphalt

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
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Lightning
Cold Wave
Strong Wind
Tornado
Winter Weather

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 $4,930$59,160
Home Insurance *$503$6,036
Property Taxes $381$4,572
Electricity $380$4,568
Total$6,194$74,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$212,365/yr
40% on housing$185,820/yr
45% on housing$165,173/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

$193This listing

vs Other Active Listings

Avg $/sqft

ZIP 80219$183
Denver County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 80219$316
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)

Price History

DateEventPrice
2026-04-20Listed for sale$975,000

For Sale by Agent

AgentAnn Marlin
BrokerageeXp Realty, LLC

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