Purchase Price: $999,000

1421 Clayton Street Denver, CO

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1421 Clayton Street

Address

1421 Clayton Street
Denver, CO 80206

Summary

  • Units: 4
  • Built: 1891

Investment Highlights

  • Well Located Near Major Employers, Parks & Retail Corridors
  • Strong Demographics Supporting Rental Demand
  • Value-Add Opportunities Through Rent Growth & Interior Upgrades
  • Potential for Utility Reimbursement Optimization

Well Located Near Major Employers, Parks & Retail Corridors

1421 Clayton St is situated just minutes from Downtown Denver, offering convenient access to the city’s major employment hubs. Nearby employers include National Jewish Health, Presbyterian St. Luke’s Medical Center, and St. Joseph Hospital. Residents enjoy proximity to retail corridors along East Colfax Avenue and the Cherry Creek Shopping Center, which provides premier dining and shopping options. Lifestyle amenities such as Denver Botanic Gardens, Cheesman Park, and City Park are all nearby, along with national retailers and restaurants including Starbucks and Chick-fil-A.

Strong Demographics Supporting Rental Demand

The property demonstrates stronger-than-average demographics, making it attractive for both investors and residents. Approximately 48% of Denver’s population holds a bachelor’s degree or higher, compared to 33% nationally, reflecting a well-educated tenant base. Income levels are also above the national average, with Colorado’s average hourly wage over 11% higher and Denver’s median household income roughly 30% above the U.S. median.

Value-Add Opportunities Through Rent Growth & Interior Upgrades

There is strategic upside in increasing rents to align with current market levels while selectively upgrading interiors. Classic units offer opportunities for renovation to drive higher rental rates, while incremental interior upgrades or amenity enhancements can immediately boost revenue potential.

Location Map

Amenities

Amenities

Unit Amenities

  • Large Closets
  • Window Coverings
  • Hardwood Floors
  • Modern Finish
  • In-Unit Washer/Dryer
  • Updated Appliances

Community Amenities

  • 4 Off-Street Spaces 
  • 2-Car Detached Garage
  • Private Fenced Backyard

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively.

Adam Riddle

Adam Riddle

Managing Director
MMG REA
ER.100024441
303.257.7627 adam.riddle@mmgrea.com
Jason Koch

Jason Koch

Managing Director
ER.100017489
303.918.8909 jason.koch@mmgrea.com
Chris Mitton

Chris Mitton

Associate Advisor
IA100081883
303.887.4955 chris.mitton@mmgrea.com