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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $359
Subdivision Evanston
MLS Listing ID 2370312
Sold Date 10/20/25
Style Traditional
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,224
Year Built 1955
Annual Tax Amount $5,599
Tax Year 2024
Lot Size 6,660 Sqft
Acres 0.15
Property Sub-Type Duplex
Source recolorado
Property Description
Fantastic investment opportunity in the heart of DU! This up/down duplex offers two spacious units with identical floor plans, each with in-unit laundry. The main-level unit is vacant and recently remodeled with refinished hardwoods, quartz counters, new fixtures, and an upgraded bath. It previously rented for $2,400/month and is ready for a new tenant or owner-occupant. The upper-level unit is leased through May at $1,980/month, well below market due to a long-term tenant, creating strong upside potential. The property has a strong rental history, with consistent occupancy and steady cash flow. Major updates include roof, furnaces, water heaters, A/C, fencing, xeriscaping, driveway/concrete, and garage door mechanisms. A fenced yard with mature trees, detached two-car garage, and off-street parking complete the property. Live in one unit and rent the other, or hold as a long-term rental with excellent growth potential. Current cap 4.9%; projected cap 5.8% at market rents.
Location
State CO
County Denver
Zoning U-SU-C
Rooms
Basement Walk-Out Access
Interior
Interior Features No Stairs, Quartz Counters, Smoke Free
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Wood
Fireplace N
Appliance Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Private Yard
Garage Spaces 2.0
Fence Full
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot, Landscaped, Level, Near Public Transit
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Asbury
Middle Schools Grant
High Schools South
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Compass - Denver
I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding sellers in the Denver Metro area. Whether you are a first-time or seasoned seller, I'll dedicate myself to building a working relationship to make the process smooth -- and profitable.
I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of buyers and investors.
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