REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,500,000
Est. payment /mo
New
2479 S Broadway Denver, CO 80210
10 Beds
10 Baths
6,000 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $416
Subdivision Breenlow Subdivision Of South Denver
MLS Listing ID 6523085
Bedrooms 10
HOA Y/N No
Year Built 2025
Property Sub-Type Quadruplex
Property Description
2479 S Broadway is a newly constructed mixed-use multifamily asset along one of Denver's most dynamic infill corridors. The property consists of 10 residential units and approximately 1,000 square feet of ground-floor retail and is offered prior to certificate of occupancy, with delivery projected in 4 to 6 months.
This offering presents a rare opportunity to acquire brand-new product at a basis established before stabilization. Investors can step into the asset during final stages of construction, with flexibility to close prior to or at certificate of occupancy, while influencing lease-up execution and retail tenanting strategy. In a market where most new construction trades only after full delivery and stabilization, this timing creates a differentiated entry point.
At a list price of $2,500,000, or $250,000 per unit and $373 per square foot, the asset is priced below recent new construction comparables, averaging approximately $288,000 per unit and $493 per square foot. This pricing provides a favorable basis relative to replacement cost, particularly given rising construction costs and barriers to new infill development.
The property's position along South Broadway offers immediate access to one of Denver's most established retail and dining corridors, with strong connectivity to Downtown, the University of Denver, and the I-25 employment corridor. The submarket is defined by limited developable sites, fragmented ownership, and increasing difficulty in delivering new product at competitive economics, supporting long-term rent growth and appreciation.
From an operational standpoint, the asset benefits from modern construction and an efficient unit mix of one-bedroom residences averaging approximately 600 square feet. The streamlined design supports ease of management, while new building systems and limited near-term capital requirements allow ownership to focus on lease-up and cash flow rather than renovation execution.
This offering presents a rare opportunity to acquire brand-new product at a basis established before stabilization. Investors can step into the asset during final stages of construction, with flexibility to close prior to or at certificate of occupancy, while influencing lease-up execution and retail tenanting strategy. In a market where most new construction trades only after full delivery and stabilization, this timing creates a differentiated entry point.
At a list price of $2,500,000, or $250,000 per unit and $373 per square foot, the asset is priced below recent new construction comparables, averaging approximately $288,000 per unit and $493 per square foot. This pricing provides a favorable basis relative to replacement cost, particularly given rising construction costs and barriers to new infill development.
The property's position along South Broadway offers immediate access to one of Denver's most established retail and dining corridors, with strong connectivity to Downtown, the University of Denver, and the I-25 employment corridor. The submarket is defined by limited developable sites, fragmented ownership, and increasing difficulty in delivering new product at competitive economics, supporting long-term rent growth and appreciation.
From an operational standpoint, the asset benefits from modern construction and an efficient unit mix of one-bedroom residences averaging approximately 600 square feet. The streamlined design supports ease of management, while new building systems and limited near-term capital requirements allow ownership to focus on lease-up and cash flow rather than renovation execution.
Location
State CO
County Denver
Zoning U-MX-3
Interior
Heating Forced Air
Cooling Central Air
Exterior
Roof Type Unknown
Private Pool No
Building
Story Three Or More
Sewer Public Sewer
Schools
School District Elementary: Denver 1, Middle/Junior: Denver 1, High: Denver 1
Others
Senior Community No
Tax ID 5275-06-043
Special Listing Condition None Known
© 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.
NEARBY SCHOOLS & PROPERTIES