Selected for the Terner Labs Housing Venture Lab

1483 Detriot Street #1-4, Denver, CO 80206

Active
Listed 48 days ago
Owner-Occupant Eligible
$1,250,000

About $3,253 a month to live here, after the rent from the other homes.

Quadplex3,257 sqft6 beds6 bathsListed Sep 25, 2026

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

Live here for about

$3,253a month

The other homes rent for $4,820. We hold back $940 of that for repairs and an empty month, and the rest goes toward a $7,133 monthly payment.

Income to qualify: about $156,000 a year

With how much down?

At 20% down ($250,000) 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 $163,000 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.

$62,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Rare opportunity to acquire a fully renovated four-unit property in one of Denver’s most desirable central neighborhoods. Following a small fire that occurred prior to the current owner’s purchase, the property underwent a comprehensive, fully permitted renovation. Virtually everything is new, while the character of the original brick walls has been preserved. Improvements include new electrical wiring, panels, outlets, switches and fixtures; new plumbing supply and drain lines; new windows; new roof; new insulation and drywall; new interior and exterior doors; new trim and finish carpentry; new lighting; new kitchens; new bathrooms; new cabinetry; marble countertops; stainless-steel appliances; luxury vinyl plank flooring; fresh interior and exterior finishes; updated life-safety components; separately metered electrical service; and new in-unit washers and dryers in every apartment. Exterior and site improvements include French drains around the building to improve water management, updated grading and drainage, refreshed walkways and entry areas, and additional repairs completed as part of the permitted renovation. The property offers four distinct residences: two spacious 2-bedroom/2-bath units, one 1-bedroom/1-bath loft, and one basement one bed apartment. The unit mix, individual laundry, modern finishes and extensively renewed building systems create strong rental appeal while minimizing near-term capital needs. Three garages, two single-car garages and one two-car garage, provide valuable additional parking and income potential. An exceptional turnkey investment combining historic brick character with the convenience, durability and tenant appeal of a modern renovation. Buyer and buyer’s broker to verify all property information, permits, square footage and improvements.

Quadplex

Property Type

6,250 sqft

Lot Size

1896

Year Built

Listing Date: 09/25/2026

Listed by: Jules "J.B." Hochman

Listing office: Brockman Group LLC

Contact: 303-668-4930

Source: REcolorado #5844731

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%
$1,250,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,250,000
Your Down Payment$250,000
Financed$1,000,000
Estimated Monthly Payment$7,133

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 ($250,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$7,133/month
Principal + Interest
$5,996
Property Taxes
$499
Home Insurance
$638
Rental Income (3 Units)
$4,820/month

From the listing description and nearby rental comps.

Rental Expenses
-$940
Cost to live here
$3,253/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.

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MLS# 5844731 · Listing office: Brockman Group LLC

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