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4370 & 4381 E Montana Place

Denver, Colorado 80222

CONTACT BROKER
Price
$3,750,000
Property Type
Multifamily
# of Units
15
Building Size
17,082 SQFT
Lot Size
33,600 SQFT
Year Built
1954

Description

4370 & 4381 E. Montana Place presents a rare opportunity to acquire a 15-unit multifamily asset in Denver’s established Virginia Village neighborhood, offered for the first time in over 50 years as the original owner retires. Spanning two parcels totaling 33,600 SF, the property comprises three well-maintained identical buildings of five units each, originally constructed in 1954.

The asset features a desirable unit mix of twelve two-story, townhome-style 2Bd/1Ba residences (949 SF each) and three garden-level 2Bd/1Ba units (768 SF). Each townhome offers private front and rear entrances, with living and kitchen on the main floor and two bedrooms plus full bathroom above — a layout that drives strong tenant demand and retention.

Tenant-friendly amenities include shared laundry with five washer/dryer sets per building, oversized private storage lockers (~226 SF each), generous outdoor common areas with mature cherry trees, and a 1:1 off-street parking ratio.

With a half-century of single ownership, the property presents significant upside through lease-up, operational improvements, and professional management — all in a well-located Denver submarket. The seller is open to favorable seller-financing terms for qualified buyers, offering investors a flexible and compelling opportunity.

Highlights

  • Excellent location in Denver within the established Virginia Village neighborhood
  • Long-term ownership, well-maintained asset
  • Strong value-add opportunity with significant upside potential
  • Favorable seller financing available, terms negotiable
  • Separately metered electricity, 100-amps per unit
  • Shared laundry facilities with 5 washer/dryer sets per building (not coin operated)
  • Ample storage facilities
  • Large 33,600 SF site across two lots

Brokers

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Dan Hawthorne

. Senior Advisor
(406) 531-4246.

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