1518 S Sherman St Denver, CO 80210
Platt Park NeighborhoodEstimated payment $7,235/month
Highlights
- Wood Flooring
- Private Yard
- Covered Patio or Porch
- South High School Rated A-
- No HOA
- 2-minute walk to James H. Platt Park
About This Home
Positioned on a 6,250 sq ft double lot, in the heart of Platt Park, this rare, FULL side-by-side duplex offers a turnkey investment with proven rental income. It’s an ideal setup for house hackers looking to offset their mortgage, a private yet convenient mother-in-law suite or a phenomenal dual rental investment! This property includes two fully separate units—1518 (North Unit) and 1520 (South Unit)—each with private entrances, kitchens, laundry, patios and yard access, ideal for all living strategies. Unit 1518 is a spacious 4-bedroom, 2-bath residence featuring a bright, open layout and tasteful updates including two brand new GORGEOUS bathroom remodels. Most recently leased at $3,200/month—below market—to reliable, long-term tenants, it provides stable income with room to increase rents or an amazing place to simply call Home. Unit 1520, a 1-bedroom, 1-bath unit, has consistently averaged $2,700/month on Airbnb with 30 day stay minimums. With vaulted ceilings, an open kitchen, and an upstairs, private suite, it appeals to both short-term and mid-term tenants and was once a spectacular pied-à-terre! Each residence offers its own private outdoor retreat. At 1518, you’ll find a charming bungalow-style front porch, perfect for relaxing, along with access to a spacious backyard featuring a private pergola. Meanwhile, 1520 boasts a cozy and secluded front porch—ideal for enjoying your morning coffee—and its own entry to the large backyard, easily tailored to your desired level of privacy. A rare three-car garage adds secure parking and additional rental appeal. Located just blocks from South Pearl Street, the Platt Park Farmers Market, two light rail stops, and the upcoming NWSL Stadium, this two unit duplex combines prime location with proven cash flow. Whether you’re focused on steady long-term tenants, furnished mid-term rentals, or short-term income, this property delivers both immediate returns and long-term equity growth.
Listing Agent
Compass - Denver Brokerage Email: kevin.shelledy@compass.com,720-357-2650 License #100057265 Listed on: 10/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,330
Year Built
- Built in 1897
Lot Details
- 6,250 Sq Ft Lot
- 1 Common Wall
- Level Lot
- Private Yard
Parking
- 3 Car Garage
Home Design
- Duplex
- Bungalow
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- Oven
- Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
Schools
- Mckinley-Thatcher Elementary School
- Grant Middle School
- South High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Platt Park Subdivision
Listing and Financial Details
- Exclusions: All staging items and/or sellers personal property.
- Assessor Parcel Number 5227-08-003
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,330 | $67,300 | $41,140 | $26,160 |
| 2023 | $5,215 | $67,300 | $41,140 | $26,160 |
| 2022 | $5,069 | $63,740 | $38,750 | $24,990 |
| 2021 | $4,893 | $65,570 | $39,860 | $25,710 |
| 2020 | $4,564 | $61,510 | $31,890 | $29,620 |
| 2019 | $4,436 | $61,510 | $31,890 | $29,620 |
| 2018 | $3,800 | $49,120 | $27,090 | $22,030 |
| 2017 | $3,789 | $49,120 | $27,090 | $22,030 |
| 2016 | $3,822 | $46,870 | $25,520 | $21,350 |
| 2015 | $3,662 | $46,870 | $25,520 | $21,350 |
| 2014 | $3,168 | $38,140 | $13,819 | $24,321 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2025 12/06/25 | Price Changed | $1,294,920 | 0.0% | $474 / Sq Ft |
| 12/05/2025 12/05/25 | Price Changed | $1,294,925 | 0.0% | $474 / Sq Ft |
| 12/04/2025 12/04/25 | Price Changed | $1,294,930 | 0.0% | $474 / Sq Ft |
| 11/20/2025 11/20/25 | Price Changed | $1,294,935 | 0.0% | $474 / Sq Ft |
| 11/15/2025 11/15/25 | Price Changed | $1,294,940 | 0.0% | $474 / Sq Ft |
| 11/15/2025 11/15/25 | Price Changed | $1,294,945 | 0.0% | $474 / Sq Ft |
| 11/13/2025 11/13/25 | Price Changed | $1,294,950 | 0.0% | $474 / Sq Ft |
| 11/08/2025 11/08/25 | Price Changed | $1,294,955 | 0.0% | $474 / Sq Ft |
| 11/07/2025 11/07/25 | Price Changed | $1,294,960 | 0.0% | $474 / Sq Ft |
| 11/06/2025 11/06/25 | Price Changed | $1,294,965 | 0.0% | $474 / Sq Ft |
| 11/01/2025 11/01/25 | Price Changed | $1,294,970 | 0.0% | $474 / Sq Ft |
| 10/31/2025 10/31/25 | Price Changed | $1,294,975 | 0.0% | $474 / Sq Ft |
| 10/30/2025 10/30/25 | Price Changed | $1,294,980 | 0.0% | $474 / Sq Ft |
| 10/25/2025 10/25/25 | Price Changed | $1,294,985 | 0.0% | $474 / Sq Ft |
| 10/24/2025 10/24/25 | Price Changed | $1,294,990 | 0.0% | $474 / Sq Ft |
| 10/23/2025 10/23/25 | Price Changed | $1,294,995 | 0.0% | $474 / Sq Ft |
| 10/09/2025 10/09/25 | For Sale | $1,295,000 | -- | $474 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,275,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | First Integrity Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $570,000 | None Available | |
| Personal Reps Deed | $480,000 | Land Title Guarantee Company | |
| Warranty Deed | $405,000 | Land Title | |
| Quit Claim Deed | -- | -- | |
| Special Warranty Deed | -- | Chicago Title Co | |
| Warranty Deed | $370,000 | -- | |
| Warranty Deed | $237,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $828,750 | New Conventional | |
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $444,000 | New Conventional | |
| Previous Owner | $456,000 | New Conventional | |
| Previous Owner | $384,000 | New Conventional | |
| Previous Owner | $252,000 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $213,750 | No Value Available |
Source: REcolorado®
MLS Number: 9886633
APN: 5227-08-003
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