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Denver, CO 80236 3445 W Mansfield Ave

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  • MLS# 4416130
  • 05/22/2026
  • Request Tour
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  • Beds • 10
  • Baths • 5
  • SQFT • 4,515
  • Garage • 15

Home Details

Turnkey Fourplex Investment Opportunity with Expansion Potential & Adjacent Land Upside!Exceptional value-add multifamily investment opportunity located in a Qualified Opportunity Zone in the rapidly growing Sheridan/Denver market! This remodeled income-producing property offers a rare combination of strong in-place cash flow and future development potential.Spanning approximately 4,515 sq ft,the property features a desirable unit mix including 2-and 3-bedroom units plus a studio. One of the property's standout value-add features is a unit currently leased to two separate tenants, generating enhanced rental income. All units are currently occupied, and leases will transfer with the sale.The owner has invested heavily in recent capital improvements, including three new furnaces, HVAC upgrades, updated electrical service, critical sewer infrastructure work, and replacement of most windows throughout the property. Tenant amenities set this property apart with parking for 15+ vehicles, private yard areas, multiple storage sheds/outbuildings, and even a basketball court.Positioned on an oversized lot with favorable zoning characteristics, the property also presents compelling long-term redevelopment and expansion potential. Current zoning may allow future expansion up to 8 units, subject to Buyer obtaining all required approvals and permits from the City of Sheridan. Seller is separately offering the adjacent land parcel located at 3435 1/2 W Mansfield Ave (MLS #3939482), creating exciting possibilities for expanded parking,or future development opportunities.Conveniently located minutes from Downtown Denver,Santa Fe Drive, and US-285, this property benefits from strong rental demand driven by accessibility, redevelopment activity, and proximity to major employment, shopping and dining.Ideal for investors seeking immediate cash flow, long-term appreciation, or future development upside in one of the Denver metro area's evolving investment corri...
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Interior Features for 3445 W Mansfield Ave

Bedrooms

Total Bedrooms10

Bathrooms

Total Baths5

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area4515

General for 3445 W Mansfield Ave

AccessibilityRamp Access, Level Lot
AppliancesDishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm
AttributionContactIvelina.Realtor@gmail.com, 720-231-5475
Cap Rate7
CityDenver
Construction MaterialsBlock, Wood Siding
CoolingCentral Air, Evaporative Cooling
CountyArapahoe
Elementary SchoolAlice Terry
ExclusionsNone
Expected Active Date 2026-05-22
Garage Spaces15
Gross Income95100
HOANo
HeatingForced Air
High SchoolSheridan
High School DistrictSheridan District 2
LevelsOne
Living Area4515
MLS AreaMetro Denver
MLS Area MinorMetro21/SSC
Middle/Junior High SchoolFort Logan Northgate
Net Operating Income83979
New ConstructionNo
Number Of Units Total4
Operating Expense11121
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameSheridan
Tax Annual Amount4822
Tax Year2025
Tenant PaysElectricity
UtilitiesElectricity Available, Master Meter-Gas, Separate Meter Electricity
ViewMountain(s)
Year Built1920
ZoningResidential/Multi-family

Exterior for 3445 W Mansfield Ave

Building Area Total4515
FencingPartial
Lot FeaturesLevel, Gutters
Lot Size Acres0.5
Lot Size Area21780
Parking FeaturesOff Street
Road Surface TypeDirt
Total Parking15
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Sheridan High School
Middle School Fort Logan Northgate Middle School
Elementary School Alice Terry Elementary School

Nathan Washam

Broker/Owner
Price $1,199,900
MLS#4416130
List Date 05/22/2026
Property Type Income
Phone 970.988.8295
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