Exceptional opportunity in highly desirable South City Park! A 4,690sf corner lot zoned U-TU-O with UO-3 overlay offers incredible potential for live on, investors or developers looking to build equity through renovation. Whether you’re envisioning a thoughtful remodel, expansion, or redevelopment, the flexible zoning offers many possibilities. Priced well below replacement cost!
This Denver Square has been thoughtfully converted into 7 apartments, 2- 2 beds, 5- 1 beds. Numerous charming and elegant Victorian details have been preserved, adding character to the living spaces. Heat is provided by a central boiler. Gas & electricity are separately metered and laundry is on site. The most compelling element of this asset is the significant upside in the rents. With strong management and targeted improvements, the property is ideal for an owner-occupant or investor, producing cash flow, tax write-offs and growth.
1600 Steele is on a tree-lined street surrounded by established homes, one block to City Park, the ultimate back yard! Easy access to Cherry Creek, Colfax Redevelopment, downtown Denver, and major thoroughfares. A rare chance to secure an asset with value-add potential in a great neighborhood!
Property Details
- Lot Features
- Corner Lot
- Lot Description
- Corner Lot
- Acres
- 0.108
- Lot Size (sqft)
- 4687.0
- Parking Features
- Driveway-Gravel
- Parking Type
- Driveway
- Property Type
- Purchase
- Style
- Denver Square
- Year Built
- 1905
- Roof
- Shingle, Rolled/Hot Mop
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Conne
- County
- DENVER
- Region
- Denver
- Zoning
- U-TU-B UO-3
- Taxes Annual
- $9,235
- MLS #
- 8299990
- Property Subtype
- Multi Family
- Parcel Number
- 2364-08-013
- MLS #
- 8299990
- Date Listed
- August 07, 2026
- Address
- 1600 Steele Street
Location
Legal
Based on information submitted to the MLS GRID as of 2026-09-07 07:47:42 UTC. 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.
Last Updated: Sep 7, 2026 7:47 AM. Source: RECOLORADO
Provided By
Listed by Jeffrey Joyce (#7168d3ce9dcf0b9d1574ab25accb8972), jeffrey@americancityrealestate.com
Listing Office: American City Real Estate
Legal Notice
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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
Buyer Agency Compensation
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
