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20 Beds
10 Baths
7,500 sqft

$1,500,000

982 S Sheridan Blvd, Denver CO, 80226

Price per sqft$200.00
Built in1956
Property size7,500 sqft
Property typeResidential
Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc., Charles Burkhart Listing Contact: [email protected],214-336-6064

Overview

Active

Listed Oct 7, 2026

Updated 2 days ago

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 982 S Sheridan Blvd, a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation. With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income. 982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denver's strong market fundamentals.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
6970158

Interior Features

Bedrooms
20
Bathrooms
10
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$9,525
Tax Frequency
Annually
Garage
Yes
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Listings courtesy of Information and Real Estate Services, LLC (IRES) as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 5:37 AM UTC on 10/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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