2245 S High St Denver, CO 80210
University NeighborhoodEstimated payment $4,883/month
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Wood Flooring
- Asbury Elementary School Rated A-
- Property is near public transit
- Granite Countertops
About This Home
Investor-ready opportunity in a prime location directly across from DU campus. Currently rented at $5,000/ month with no vacancy for over 10 years. Current lease in place until Aug 31, 2026. Lease for following year increasing to $5500. This spacious townhouse offers a highly functional layout designed to maximize rental income and tenant appeal, with a strong history of consistent occupancy and proven performance as an income-producing property. Tenants are currently in place, and the buyer will assume the existing lease agreement, providing immediate cash flow. The main level features a welcoming entry foyer, comfortable living room, and open-concept kitchen and dining area ideal for everyday living and entertaining. A main-floor bedroom and spacious half bath add flexibility for tenants and guests. Upstairs, two generously sized primary bedrooms each include full en-suite bathrooms, while a separate laundry room with washer and dryer included adds convenience. The finished basement expands the living space with a sizable family room, two large secondary bedrooms, and a 3/4 bathroom, offering excellent versatility and a strong bedroom count for premium rental potential. Exterior highlights include a classic red brick facade with charming covered front porch, a private backyard featuring patio space, and an oversized detached two-car garage with additional storage space. With its unbeatable proximity to the university, solid rental history, turnkey investment profile and a cap rate above 6% this property presents a rare opportunity for investors seeking immediate income and long-term appreciation.
Listing Agent
RE/MAX of Cherry Creek Brokerage Phone: 720-702-3847 Listed on: 02/20/2026
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,532
Year Built
- Built in 2004
Lot Details
- 2,433 Sq Ft Lot
- Two or More Common Walls
- East Facing Home
- Partially Fenced Property
- Private Yard
Parking
- 2 Car Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Lighted Parking
- Exterior Access Door
Home Design
- Brick Exterior Construction
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Cooktop
- Warming Drawer
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- Primary Bedroom Suite
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Stubbed For A Bathroom
- 2 Bedrooms in Basement
- Basement Window Egress
Home Security
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
- Rain Gutters
Schools
- Asbury Elementary School
- Grant Middle School
- South High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- High Speed Internet
Additional Features
- Smoke Free Home
- Property is near public transit
Listing and Financial Details
- Exclusions: Tenants' personal property
- Assessor Parcel Number 5262-31-025
Community Details
Overview
- No Home Owners Association
- University Subdivision
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,265 | $68,820 | $12,200 | $12,200 |
| 2024 | $4,532 | $57,220 | $5,000 | $52,220 |
| 2023 | $4,434 | $57,220 | $5,000 | $52,220 |
| 2022 | $4,045 | $50,860 | $7,510 | $43,350 |
| 2021 | $3,904 | $52,320 | $7,730 | $44,590 |
| 2020 | $3,135 | $42,250 | $6,190 | $36,060 |
| 2019 | $3,047 | $42,250 | $6,190 | $36,060 |
| 2018 | $3,433 | $44,370 | $5,450 | $38,920 |
| 2017 | $3,422 | $44,370 | $5,450 | $38,920 |
| 2016 | $3,598 | $44,120 | $4,728 | $39,392 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2026 04/16/26 | Price Changed | $835,000 | -5.6% | $287 / Sq Ft |
| 04/02/2026 04/02/26 | Price Changed | $884,500 | -5.6% | $304 / Sq Ft |
| 02/20/2026 02/20/26 | For Sale | $937,000 | -- | $322 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Land Title Guarantee Company | |
| Corporate Deed | $425,000 | Land Title Guarantee Company | |
| Warranty Deed | $425,000 | Land Title Guarantee Company | |
| Individual Deed | $135,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $110,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | Purchase Money Mortgage | |
| Previous Owner | $220,000 | Purchase Money Mortgage | |
| Previous Owner | $88,000 | No Value Available |
Source: REcolorado®
MLS Number: 3459564
APN: 5262-31-025
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Listings courtesy of REcolorado® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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