$675,000

Estimated payment $3,868/month

10 Beds
4 Baths
3,134 Sq Ft
$215 Price per Sq Ft

Highlights

  • No HOA
  • Level Lot
  • Vinyl Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

10-Bedroom Duplex • Two 5-Bed Residences • Fully Leased • Income Producing • E-TU-B Zoning • Central Denver

Positioned near major employment centers, event venues, and downtown access, this centrally located duplex offers two separate 5-bedroom residences (10 bedrooms total) designed for shared living configurations. The layout supports multiple private bedrooms paired with common living, kitchen, and dining areas suited for everyday functionality.

The property offers approximately 3,134 sq ft of combined living space across both residences. The high-bedroom configuration provides scale rarely found in two-unit residential properties.

Both residences are currently leased, providing in-place income of $5,095 per month ($61,140 annually). One residence is leased at $3,000/month with documented payment history. The second lease began February 6 at $2,095/month.

Zoned E-TU-B (Urban Edge – Two Unit), the property allows residential flexibility subject to buyer verification of permitted uses and approvals. The 10-bedroom layout supports multiple residential rental strategies depending on buyer objectives and local regulations.

The surrounding area provides convenient access to downtown Denver, major commuter routes, employment districts, dining areas, and event venues that contribute to ongoing housing demand in the central Denver market.

Seller-provided figures indicate an estimated 9.06% gross cap rate based on current rents and a $675,000 purchase price. A potential stabilization scenario referencing Housing Authority payment standards indicates projected rents up to $8,630 per month ($103,560 annually). All income figures, projections, zoning allowances, and operating assumptions are subject to buyer verification.

NEARBY AMENITIES

• ~0.6 mi — National Western Complex
• ~1.2 mi — RiNo Art District
• ~1.5 mi — Mission Ballroom
• ~1.8 mi — Downtown Denver
• ~2.0 mi — Coors Field
• ~2.2 mi — Union Station

Listing Agent

Allen Walsh

House Of Walsh Realty LLC Brokerage Email: allen@houseofwalsh.com,303-601-2222 License #100044865 Listed on: 08/19/2026

House Of Walsh Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,975

Year Built

  • Built in 2000

Lot Details

  • 6,003 Sq Ft Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Laundry in unit
  • Finished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Schools

  • Swansea Elementary School
  • Bruce Randolph Middle School
  • Manual High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Swansea Subdivision

Listing and Financial Details

  • Exclusions: Tenant Personal Property Side B
  • The owner pays for trash collection, water
  • Assessor Parcel Number 2231-16-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,975

Year Built

Built in 2000

Lot Details

6,003 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: Two
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 1567
  • Exclusions: Tenant Personal Property Side B
  • Living Area: 3134
  • SubdivisionName: Swansea
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_RVSpaces: 0
  • REC_AdditionalLivingStructureYN: 0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 10
  • Below Grade Sq Ft: 1567

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • 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

Schools

  • Middle Or Junior School: Bruce Randolph

Lot Info

  • Parcel Number: 2231-16-026
  • Lot Size Acres: 0.14
  • Building Area Total: 3134
  • Lot Features: Level
  • Lot Size Sq Ft: 6003

Rental Info

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

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1975

Multi Family

  • Lease Expiration: 2027-06-30

MLS Schools

  • Elementary School: Swansea
  • High School: Manual

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,155 $41,240 $16,860 $16,860
2024 $1,975 $24,940 $12,340 $12,600
2023 $1,933 $24,940 $12,340 $12,600
2022 $2,279 $28,660 $10,170 $18,490
2021 $2,248 $30,130 $10,690 $19,440
2020 $2,044 $27,550 $4,280 $23,270
2019 $1,987 $27,550 $4,280 $23,270
2018 $1,770 $22,880 $2,150 $20,730
2017 $1,765 $22,880 $2,150 $20,730
2016 $1,400 $17,170 $2,141 $15,029
2015 $1,341 $17,170 $2,141 $15,029
2014 $898 $10,810 $1,560 $9,250
Source: Public Records

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 Prior Sale
08/19/2026 08/19/26 For Sale $675,000 +8.0% $215 / Sq Ft
10/02/2024 10/02/24 Sold $625,000 -3.8% $199 / Sq Ft View Prior Sale
09/07/2024 09/07/24 Price Changed $650,000 -6.5% $207 / Sq Ft
08/31/2024 08/31/24 Price Changed $695,000 -6.7% $222 / Sq Ft
08/12/2024 08/12/24 For Sale $745,000 -- $238 / Sq Ft
Source: REcolorado®

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 $625,000 None Listed On Document
Warranty Deed $250,000 None Available
Trustee Deed -- None Available
Warranty Deed $250,000 --
Source: Public Records

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
Open $500,000 New Conventional
Previous Owner $170,050 New Conventional
Previous Owner $185,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $260,000 New Conventional
Previous Owner $249,200 Unknown
Previous Owner $250,000 No Value Available
Source: Public Records

Source: REcolorado®

MLS Number: 6102653

REcolorado®

APN: 2231-16-026

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