4585 E Yale Ave Unit 4587 Denver, CO 80222
University Hills NeighborhoodEstimated payment $4,284/month
Highlights
- Deck
- Traditional Architecture
- No HOA
- University Park Elementary School Rated A-
- Wood Flooring
- 1-Story Property
About This Home
House Hack Opportunity! Multi-unit investor special! Centrally located blocks from Yale Street Station and the University of
Denver DU, this updated duplex is a great investment! Perfect for Student housing and roommates or professor. Each side
has 3 beds, 1 bath, and 1,026 square feet, and what makes this property even more versatile is a basement bonus room
with outside access (owner unit only)to utilize as a home office, storage space, workout space. The primary "owner-unit"
unit has been updated (photos shown). The "tenant-unit" is in rental condition w/ long-term renter on a mo-to-mo lease.
This duplex has it all, boasting 6 beds, 2 baths, and a total of 2,257 square feet. W/D hookups in both units. Enjoy city
living with the convenience of a single-car garage offering ample storage space. "Owner Unit" has a 1 car garage and
"tenant unit" has a carport. Don't miss the opportunity to make this exceptional investment yours today! Owner has a
second exact duplex unit available (minus one side updated for "owner" that is fully rented) if you are interested in completing your rental portfolio with a 4-plex. Ask listing agent for more details. ********************************** The multi-unit rental property strategy: With rent prices soaring, now would be a great time to become a real estate investor — if it weren’t for all the upfront cash needed to buy an investment property. BUT WAIT......there's a way around this hurdle: You could buy a multifamily property, move into one of the units, and earn passive income by collecting rent on the other units. By living in one of the units, you’d be meeting the owner-occupancy rule for your mortgage. That means getting a lower mortgage rate compared to a loan for commercial properties. This strategy won’t finance an entire apartment complex or a mixed-use development. It will,
however, work for a 2-, 3-, or 4-unit property.
Listing Agent
Madison & Company Properties Brokerage Email: Angela@AngelaFoxSellsDenver.com,303-246-6629 License #40043577 Listed on: 03/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,688
Year Built
- Built in 1958
Lot Details
- 6,600 Sq Ft Lot
- 1 Common Wall
- Level Lot
Parking
- 1 Car Garage
- 1 Carport Space
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1-Story Property
- Unfinished Basement
- Partial Basement
- Laundry in unit
Flooring
- Wood
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Schools
- University Park Elementary School
- Merrill Middle School
- Thomas Jefferson High School
Utilities
- No Cooling
- Forced Air Heating System
- Water Heater
Additional Features
- Deck
- Ground Level
Listing and Financial Details
- Exclusions: Tenants' property
- Property held in a trust
- The owner pays for insurance, taxes, water
- Assessor Parcel Number 6303-16-012
Community Details
Overview
- No Home Owners Association
- Hutchinsons University Place Subdivision
Building Details
- Operating Expense $780
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 |
|---|---|---|---|---|
| 2025 | $3,688 | $41,270 | $18,360 | $18,360 |
| 2024 | $3,688 | $46,560 | $13,760 | $32,800 |
| 2023 | $3,608 | $46,560 | $13,760 | $32,800 |
| 2022 | $2,940 | $36,970 | $17,710 | $19,260 |
| 2021 | $2,900 | $38,870 | $18,620 | $20,250 |
| 2020 | $2,973 | $40,070 | $13,960 | $26,110 |
| 2019 | $2,890 | $40,070 | $13,960 | $26,110 |
| 2018 | $2,340 | $30,240 | $9,370 | $20,870 |
| 2017 | $2,333 | $30,240 | $9,370 | $20,870 |
| 2016 | $2,560 | $31,390 | $7,252 | $24,138 |
| 2015 | $2,452 | $31,390 | $7,252 | $24,138 |
| 2014 | $1,953 | $23,510 | $5,254 | $18,256 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/08/2026 03/08/26 | For Sale | $750,000 | -- | $365 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed Of Distribution | -- | None Available | |
| Deed Of Distribution | -- | None Available |
Source: REcolorado®
MLS Number: 5112535
APN: 6303-16-012
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Ask me questions while you tour the home.