The buyers terminated because they got cold feet, no fault of the property or the sellers. A meticulously renovated duplex offering two spacious units, perfect for investors or owner-occupants seeking rental income potential with house hacking. Each unit boasts 4 bedrooms, 3 bathrooms, and just under 2,000 square feet of thoughtfully designed living space. The upper level features a master bedroom, an additional bedroom, and a guest bathroom. The main floor houses a modern kitchen with granite countertops, upgraded appliances, and professionally refurbished cabinets, seamlessly flowing into the dining area. The lower level offers an expansive living room, the third bathroom, and two more bedrooms—ideal for flexible living arrangements. Unit 149 includes an attached 1-car garage, while Unit 159 features an attached 2-car garage, with the three total garage spaces smartly separating the units for added privacy.Both units were fully transformed in 2021 with top-tier upgrades: refreshed bathrooms with new tile, vanities, and plumbing; new boilers for reliable heating; and cooling solutions tailored to each—Unit 159 has a swamp cooler, while Unit 149 enjoys a minisplit system. Previously leased as long-term rentals, Unit 149 commanded $3,117/month and Unit 159 brought in $3,000/month, with recent use as an Airbnb showcasing its versatility.Located just minutes north of Belmar’s vibrant shopping, dining, and entertainment scene, this property offers easy access to 6th Avenue, putting downtown Denver and the mountains just 15 minutes away. Whether you’re looking for a turnkey investment or a home with income potential, this duplex delivers modern comfort, prime location, and strong rental history.More pictures can be found below.
Last Agent to Sell the Property
Atlas Real Estate Group Brokerage Phone: 303-917-4941 License #100072618
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Est. Annual Taxes
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Listing and Financial Details
Overview
Building Details
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Sold | $900,000 | 0.0% | $454 / Sq Ft |
| 03/06/2025 03/06/25 | For Sale | $900,000 | -- | $454 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2024 | $4,363 | $44,895 | $16,324 | $28,571 |
| 2023 | $4,363 | $44,895 | $16,324 | $28,571 |
| 2022 | $3,394 | $34,194 | $13,345 | $20,849 |
| 2021 | $3,522 | $35,955 | $14,032 | $21,923 |
| 2020 | $3,149 | $32,281 | $12,051 | $20,230 |
| 2019 | $3,111 | $32,281 | $12,051 | $20,230 |
| 2018 | $2,732 | $27,481 | $7,746 | $19,735 |
| 2017 | $2,424 | $27,481 | $7,746 | $19,735 |
| 2016 | $2,522 | $26,809 | $6,304 | $20,505 |
| 2015 | $2,147 | $26,809 | $6,304 | $20,505 |
| 2014 | $2,147 | $21,046 | $5,349 | $15,697 |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $618,750 | Commercial | |
| Closed | $445,000 | Stand Alone Second | |
| Previous Owner | $200,000 | Purchase Money Mortgage |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $445,000 | First Alliance Title | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $300,000 | -- |
$849,500
Unlock Your Investment Potential with 245-255 Otis Duplex income property. This property currently has one unit occupied at $2,800 a month and the second unit purposely left vacant for a potential owner occupant. With dual income potential, you can live in one unit and rent out the other, or rent both while covering your mortgage and living expenses with ease. Both units feature modern kitchens
Andrew Hicks West Rock Realty, LLC
$799,000
This spacious full duplex is a standout in today’s market, offering a total of 9 bedrooms and 5 bathrooms across two well-designed units. The larger side boasts 5 bedrooms and 3 bathrooms, while the other offers 4 bedrooms and 2 bathrooms, catering to tenants seeking ample living space. Nestled in a highly desirable area, the property backs to serene open space and is conveniently located near
Leo Rowen RE/MAX of Cherry Creek
Source: REcolorado®
MLS Number: 3331839
APN: 49-121-15-012
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