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2337 E 12th Ave 3 Unit Apartment Building Offered at $1,379,819 CAD at a 5.75% Cap Rate Denver, CO 80206
Investment Highlights
- Premier Congress Park / Cheesman Park Location
- Off-Street Parking in a High-Demand Neighborhood
- Classic Historical Architecture
- Exceptional Walkability & Proximity to Denver’s Best Amenities
Executive Summary
MMG Real Estate Advisors is pleased to present the opportunity to acquire 2337 E 12th Avenue, a 3-unit apartment building located in Denver’s highly sought-after Congress Park / Cheesman Park neighborhood. The property features classic historic architecture — including leaded glass windows and an original staircase. Ideally positioned in the heart of central Denver, just blocks from Cheesman Park, Congress Park, and the Denver Botanic Gardens, this is an exceptional opportunity for an investor or owner-occupant to acquire
a well-located, character-rich asset in one of the city’s most walkable and established neighborhoods.
a well-located, character-rich asset in one of the city’s most walkable and established neighborhoods.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,379,819 CAD | Property Type | Multifamily |
| Price Per Unit | $459,940 CAD | Building Size | 2,985 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 5.75% | Year Built/Renovated | 1906/2025 |
| No. Units | 3 |
| Price | $1,379,819 CAD |
| Price Per Unit | $459,940 CAD |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 2,985 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1906/2025 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,935 CAD | 995 |
| 3+1 | 1 | $3,108 CAD | 995 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 5012-29-015 | Improvements Assessment | $21,077 CAD (2025) |
| Land Assessment | $21,077 CAD (2025) | Total Assessment | $77,734 CAD (2025) |
Property Taxes
Parcel Number
5012-29-015
Land Assessment
$21,077 CAD (2025)
Improvements Assessment
$21,077 CAD (2025)
Total Assessment
$77,734 CAD (2025)
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2337 E 12th Ave
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