$750,000

4585 E Yale Ave Unit 4587 Denver, CO 80222

University Hills Neighborhood

Estimated payment $4,284/month

Total Views 2,838
6 Beds
2 Baths
2,052 Sq Ft
$365 Price per Sq Ft

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

Angela Fox

Madison & Company Properties Brokerage Email: Angela@AngelaFoxSellsDenver.com,303-246-6629 License #40043577 Listed on: 03/08/2026

Madison & Company Properties

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,688

Year Built

Built in 1958

Lot Details

6,600 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 2052
  • Below Grade Sq Ft: 205
  • Entry Location: Ground
  • Exclusions: Tenants' property
  • Living Area: 2052
  • SubdivisionName: Hutchinsons University Place
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum, Wood
  • Common Walls: 1 Common Wall
  • Basement: Partial, Unfinished
  • Basement: Yes
  • Total Bedrooms: 6

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Garage Spaces: 1
  • Total Parking Spaces: 2
  • Unit Numberof Parking Per Unit: 1
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Hot Water
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 780

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: 6303-16-012
  • Lot Size Acres: 0.15
  • Building Area Total: 2257
  • Lot Features: Level
  • Lot Size Sq Ft: 6600

Rental Info

  • Owner Pays: Insurance, Taxes, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Trash Collection

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3688

MLS Schools

  • Elementary School: University Park
  • High School: Thomas Jefferson

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: REcolorado®

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: Public Records

Source: REcolorado®

MLS Number: 5112535

REcolorado®

APN: 6303-16-012

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