1147 Marion Street presents a well-located, five-unit multifamily opportunity in Denver's Cheesman Park neighborhood. Priced at $995,000, the property offers a buyer immediate cash flow from a stable, in-place tenant base, with income that has already proven itself. Off-street parking is a rare amenity in this part of the city, and the income-producing garage adds a highly consistent revenue stream that holds up regardless of market cycles. With a stable rent roll, durable ancillary income, and a location that continues to attract renters, this is a defensible, low-drama investment for a buyer seeking dependable returns today.
Highlights:
Well-maintained Victorian charm
Garage storage generates reliable additional income
Off-street parking available
Excellent block in Cheesman Park
Property details
Property
Type
Multi Family
MLS type
Commercial Sale
Status
Active
Year built
1902
Lot
0.11 AC / 4,687 SF
MLS #
5319579
Utilities
Sewer
Public Sewer
Financial
Annual tax
$5,575
Parcel
5022-33-017
Location
County
Denver
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Listed by Matthew Lewallen, NorthPeak Commercial Advisors, LLC