2479 S Broadway, Denver, CO 80210
Local realty services provided by:CENTURY 21 Bear Facts Realty
2479 S Broadway,Denver, CO 80210
$2,500,000
- 10 Beds
- 10 Baths
- 6,000 sq. ft.
- Multi-family
- Active
Listed by: charles burkhart
Office: marcus & millichap real estate investment services of atlanta, inc.
MLS#:6523085
Source:ML
Price summary
- Price:$2,500,000
- Price per sq. ft.:$416.67
About this home
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....
Contact an agent
Home facts
- Year built:2025
- Listing ID #:6523085
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
- Living area:6,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:2025
- Building area:6,000 sq. ft.
- Construction Materials:Vinyl Siding
- Levels:3 or More Stories
Schools
- High school:South
- Middle school:Denver Montessori
- Elementary school:Asbury
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$416.67
- Tax amount:$5,749 (2024)
New listings near 2479 S Broadway
- New
$765,000Active2 beds 2 baths2,085 sq. ft.1565 S Otis Street, Denver, CO 80232
MLS# 4265380Listed by: JD AND ASSOCIATES - New
$472,500Active3 beds 4 baths2,721 sq. ft.7900 W Layton Avenue #839, Littleton, CO 80123
MLS# 8652996Listed by: KELLER WILLIAMS DTC - New
$460,000Active2 beds 1 baths905 sq. ft.1400 S Logan Street, Denver, CO 80210
MLS# 3917909Listed by: KELLER WILLIAMS DTC - New
$349,000Active2 beds 2 baths1,273 sq. ft.931 S Utica Street, Denver, CO 80219
MLS# 6032809Listed by: NEW DIVIDE REALTY - New
$589,900Active3 beds 2 baths1,950 sq. ft.232 Saulsbury St, Denver, CO 80226
MLS# 3618956Listed by: Keller Williams Realty Urban Elite - New
$1,375,000Active5 beds 4 baths3,730 sq. ft.1424 Cook St, Denver, CO 80206
MLS# 1894681Listed by: Gerretson Realty Inc - New
$440,000Active2 beds 1 baths776 sq. ft.5 Stuart St, Denver, CO 80219
MLS# 6495066Listed by: PAK Home Realty - New
$6,865,000Active6 beds 11 baths12,416 sq. ft.25 S Elm Street, Denver, CO 80246
MLS# 3508110Listed by: COLDWELL BANKER GLOBAL LUXURY DENVER - New
$1,725,000Active4 beds 4 baths3,556 sq. ft.2365 Albion St, Denver, CO 80207
MLS# 4699690Listed by: Z Property - New
$999,999Active4 beds 5 baths3,193 sq. ft.3829 Osage Street, Denver, CO 80211
MLS# 9646233Listed by: REAL BROKER, LLC DBA REAL