80204 Homes with Triplex Subtype

80204 Homes with Triplex Subtype

Welcome to the vibrant 80204 zip code in Denver, Colorado, a dynamic area that perfectly blends urban excitement with suburban charm. Nestled in the heart of the Mile High City, this locale is renowned for its rich cultural scene, diverse neighborhoods, and a strong sense of community. With a mix of historic architecture and modern developments, 80204 offers residents a unique living experience that caters to various lifestyles.

One of the standout features of this area is the availability of triplex homes, which provide an excellent opportunity for both homeowners and investors. Triplex properties are ideal for those looking to maximize their real estate investments, offering multiple rental units within a single building. This setup not only allows for potential income generation but also fosters a sense of community among neighbors.

Living in a triplex in 80204 means you can enjoy the convenience of city life while benefiting from the spaciousness and privacy that multi-family homes provide. Many triplexes in this area feature modern amenities, open floor plans, and outdoor spaces, making them perfect for families or individuals seeking a comfortable lifestyle.

The 80204 zip code is also conveniently located near major transportation routes, making commuting a breeze. With easy access to parks, shopping districts, and a variety of dining options, residents can enjoy all that Denver has to offer. Whether you’re drawn to the artsy vibe of the nearby neighborhoods or the picturesque views of the Rocky Mountains, the 80204 zip code is a fantastic place to call home. Discover the charm of triplex living in this exciting part of Denver today!

Newest 80204 Homes with Triplex Subtype

$799,000
6 Beds 3 Baths 2777251 MLS
Priced reduced again to attract strong interest! This is now priced below market for a quick sale! Seller is open to reviewing all offers. Triplex and Covered Land Play with Strong In-Place Income on a Rare 12,500 SF Double Lot. 1000 Tennyson St is a 3-unit situated on an oversized 12,500 SF double lot in one of Denver’s rapidly evolving urban corridors. This asset offers investors a compelling combination of stable cash flow today and significant future development upside. The property consists of three updated residential units plus a detached garage, generating $75,180 in annual gross income and $65,003 in NOI, equating to a 8.14% cap rate at the list price. All units have been updated over the ownership, providing immediate operational stability with minimal near-term capital requirements. Beyond the high cap rate/cash flowing income, the true value lies in the land. The oversized double lot creates a clear and executable path for redevelopment. By right, an investor can split the lot and construct two duplexes (4 total units) without rezoning. For those seeking higher density, the City has indicated the potential to develop up to 20 units with a successful rezoning, making this a prime long-term hold or redevelopment opportunity. Whether you’re an investor looking to land bank with strong yield, or a developer seeking a scalable infill project in a high-demand Denver location, 1000 Tennyson delivers flexibility, income, and upside.

1000 N Tennyson Street, Denver

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