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Home » Real Estate » CO » Denver » 80226 » 982 S Sheridan Blvd, Denver, CO, 80226
$1,850,000

982 S Sheridan Blvd, Denver, CO, 80226

20 Beds
10 Baths
7,200 Square Feet
982 S Sheridan Blvd is 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.
Offered By
Clayton Primm, Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Property Details

Property Type Residential Income
Status Active
Bedrooms 20
Square Feet 7,200
MLS # 9785904

Market Trends

New Properties On Market
34
386% Increase In New Listings
Average Asking Price
$607,502
$190,490 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$301
$119 Decrease In List Price/Sq. Ft.
Average Days On Market
19
27 Day Decrease In Days On Market
Data as of Apr 18, 2026. Remaining statistics above are calculated on activity within the period from Feb 01, 2026 to Mar 31, 2026.