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Denver, CO 80219 345 S Utica St

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  • MLS# 3457455
  • 04/02/2026
  • Request Tour
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  • Beds • 9
  • Baths • 3
  • SQFT • 2,376
  • Garage • 3

Home Details

Exceptional investment opportunity in a prime Denver location just minutes from Belmar and convenient public transportation. This solid brick triplex features three open-floor plan 3-bedroom, 1-bath units, a highly desirable unit mix that supports strong rental demand. Unit 345 is currently rented and tenant is on a month-to-month lease.Each unit offers a functional layout, in-unit washer and dryer, and a dedicated off-street parking space, providing added convenience for tenants. Two of the three units have been updated with granite countertops and durable LVP flooring, allowing for higher rental income, while the third unit presents additional value-add potential.Recent capital improvements include a partial replacement of the main sewer line within the last five years, offering peace of mind for future ownership. The property's classic brick construction adds to its long-term durability and low-maintenance appeal.Additional upside includes the potential to party wall the units and zoning that allows for additional unit development, creating multiple pathways to increase value and maximize returns.Ideally suited for investors, house hackers, or 1031 exchange buyers, this property offers flexibility and upside in a desirable location near shopping, dining, and transit. Live in one unit and offset your mortgage with rental income, or maximize returns by leasing all three units.
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Interior Features for 345 S Utica St

Bedrooms

Total Bedrooms9

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area2376
BasementCrawl Space
Below Grade Finished Area

General for 345 S Utica St

AccessibilityLevel Lot, No Stairs
AppliancesRefrigerator, Washer, Dryer, Microwave, Disposal
AttributionContactalec@westdenveragent.com, 303-709-4908
Cap Rate5
CityDenver
Construction MaterialsBrick
CountyDenver
Elementary SchoolKnapp
ExclusionsTenant personal property
Expected Active Date 2026-04-02
Garage Spaces3
Gross Income61800
HOANo
HeatingForced Air
High SchoolWest
High School DistrictDenver District 1
Lease Amount FrequencyMonth-to-Month
LevelsOne
Living Area2376
MLS AreaMetro Denver
MLS Area MinorMetro17/DSW
Middle/Junior High SchoolKepner
Net Operating Income43085
New ConstructionNo
Number Of Units Total3
Operating Expense15625
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameIrving Park
Tax Annual Amount3662
Tax Year2024
Tenant PaysElectricity
UtilitiesNatural Gas Available, Master Meter-Gas, Separate Meter Electricity
Virtual TourClick here
Year Built1942
ZoningE-TU-C

Exterior for 345 S Utica St

Building Area Total2376
Lot FeaturesLevel
Lot Size Acres0.29
Lot Size Area12500
Other Parking1 Space/Unit
Parking FeaturesOff Street
Total Parking3
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

High School West High School
Middle School Kepner Middle School
Elementary School Knapp Elementary School

Nathan Washam

Broker/Owner
Price $850,000
MLS#3457455
List Date 04/02/2026
Property Type Income
Phone 970.988.8295
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Request Info
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