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… Read More 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 Read Less
Listing Snapshot
Days Online
59
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
2
Square Ft.
3,134
Lot Size
0.14 Acres
Year Built
2000
MLS Number
3804394
30 Days Snapshot Of 80216
$409k
+2%
(avg) sold price
7
0%
homes sold
126
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area: 3134, Occupant Type: Tenant, Above Grade Finished Area: 1567, Below Grade Finished Area: 1567, Construction Materials: "Frame", Levels: "Two", Room Count: 7, Structure Type: "Duplex", Total Area: 3134, Built in 2000
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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