Selected for the Terner Labs Housing Venture Lab

74 Sherman Street, Denver, CO 80209

Active
Listed 124 days ago
Owner-Occupant Eligible
$875,000

About $2,135 a month to live here, after the rent from the other homes.

Quadplex2,538 sqft4 beds4 bathsListed Jul 11, 2026

A fourplex. Live in one home and rent out the other three. How it works

Live here for about

$2,135a month

The other homes rent for $3,732. We hold back $728 of that for repairs and an empty month, and the rest goes toward a $5,139 monthly payment.

Income to qualify: about $110,000 a year

With how much down?

At 20% down ($175,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $114,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$43,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Amazing opportunity to own a classic Denver Square and great income producing, low maintenance quadplex in highly desirable Wash Park location. Offered at an attractive 6.58% cap rate. Several solid long-term tenants in place. Priced well under market for a quick sale. Just appraised for $1,075,000. Appraisal available in supplements. Tenants enjoy the quiet street, landscaped yard and community laundry. Out the door you have all the bars, restaurants and shops that South Broadway has to offer! And of course, don't forget the easy access to Wash Park! There is a detached garage that is currently rented for $175, and an additional off street parking space. Current rent roll and 2025 Income & Expenses can also be found in supplements.

Quadplex

Property Type

3,121 sqft

Lot Size

1900

Year Built

Listing Date: 07/11/2026

Listed by: Matt Stephens

Listing office: Synergy Associates Inc

Contact: 303-946-0706

Source: REcolorado #1519541

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$875,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$875,000
Your Down Payment$175,000
Financed$700,000
Estimated Monthly Payment$5,139

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($175,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,139/month
Principal + Interest
$4,197
Property Taxes
$445
Home Insurance
$497
Rental Income (3 Units)
$3,732/month

From the listing description.

Rental Expenses
-$728
Cost to live here
$2,135/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

REcolorado logo

MLS# 1519541 · Listing office: Synergy Associates Inc

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