LARGE PRICE ADJUSTMENT $76,000 - Seller says Sell - Duplex Opportunity! 1538 & 1540 Ulster Street – The Perfect Blend of Potential and Convenience - Ready for your vision! Both units of this duplex are currently vacant, making it ideal for a smart investor or buyers eager to enter the market. Move in, renovate, or rent—it’s all up to you! Live in one side and rent out the other to offset your mortgage. Each unit offers 2 bedrooms, 1 bath, and 784 sq ft of cozy living space, with washer and dryer hookups in both. This property also boasts a spacious, oversized 2-car garage—perfect for the owner’s use or as an additional rental income source. And the neighborhood? Thriving. Developers have already started revitalizing the area; RedT recently added six new side-by-side duplexes just down the alley. With Anschutz Medical Campus, the University of Colorado, and Veterans Hospital close by, this location is a magnet for reliable renters. Plus, the ongoing improvements on East Colfax promise exciting future growth, adding even more value to this up-and-coming neighborhood. Don’t miss out! Being sold "As Is" See supplements for Seller Property Disclosure, average rents, Profit and Loss Statements 2024-2020, Recent Furance cleaning, New Roof installed 2019 and zoning map for property and surrounding area.
Last Agent to Sell the Property
Compass - Denver Brokerage Phone: 720-732-1525 License #100000231
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Listing and Financial Details
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $499,000 | 0.0% | $318 / Sq Ft |
| 03/05/2025 03/05/25 | Price Changed | $499,000 | -13.2% | $318 / Sq Ft |
| 01/22/2025 01/22/25 | Price Changed | $575,000 | -4.0% | $367 / Sq Ft |
| 11/15/2024 11/15/24 | For Sale | $599,000 | -- | $382 / 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 | $2,643 | $33,370 | $11,250 | $22,120 |
| 2023 | $2,586 | $33,370 | $11,250 | $22,120 |
| 2022 | $2,087 | $26,240 | $8,530 | $17,710 |
| 2021 | $2,059 | $27,590 | $8,970 | $18,620 |
| 2020 | $2,037 | $27,450 | $8,970 | $18,480 |
| 2019 | $1,980 | $27,450 | $8,970 | $18,480 |
| 2018 | $1,678 | $21,690 | $6,020 | $15,670 |
| 2017 | $1,673 | $21,690 | $6,020 | $15,670 |
| 2016 | $1,302 | $15,970 | $3,996 | $11,974 |
| 2015 | $1,248 | $15,970 | $3,996 | $11,974 |
| 2014 | $1,074 | $12,930 | $3,550 | $9,380 |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $474,050 | New Conventional | |
| Previous Owner | $135,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $20,000 | Unknown | |
| Previous Owner | $90,000 | Unknown |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $499,000 | None Listed On Document | |
| Warranty Deed | $151,000 | Land Title Guarantee Company |
$550,000
Turnkey Duplex Investment Opportunity – Already Cash-Flowing!Take action and seize this incredible opportunity to own an income-producing duplex! This well-maintained property features two spacious units, each offering 2 bedrooms, 1 bathroom, and a dedicated single-car garage.Both units are currently tenant-occupied, generating a steady monthly rental income. Whether you're a seasoned investor or
Thu Le DNVR Realty & Financing LLC
$600,000
Do not miss out on this 3-plex. Great location close to restaurants, shopping, and Lowry campus. Laundry room in top units. Fully rented. A clean offer and a quick close are preferred. Non Buyer and buyer agent are responsible to verify all information on this property. No showings without a contract. This is an investment property and subject to an existing lease. This property is part of a
Rich Davis Rd Realty LLC
$585,000
486-488 Dayton St. offers an excellent opportunity for a seasoned investor looking for cash flow or the owner occupant with low down FHA or VA to own one side of a duplex and have a tenant help pay the mortgage. **A complete renovation has transformed this 1962 built duplex into a delightful home for an owner or tenants.**New Roof *New HVAC (Heating and Central Air) *HVAC Air Filter
Paul Erdmann Brokers Guild Real Estate
$585,000
464-466 Dayton St. offers an excellent opportunity for a seasoned investor looking for cash flow or the owner occupant FHA or VA buyer to own one side of a duplex and have a tenant help pay the mortgage. A complete renovation has transformed this 1962 built duplex into a delightful home for an owner or tenants. New Roof *New HVAC (Heating and Central Air) *HVAC Air Filter relocated to Main
Paul Erdmann Brokers Guild Real Estate
$625,000
Side by Side brick ranch duplex on a corner lot with private entrances. 3305 Olive has 4 bedrooms and 2 baths with a full finished basement with kitchenette (good ceiling heights). Fresh paint. Includes all appliances (brand new dishwasher). Updated plumbing, lighting and hardware fixtures througout. New vinyl double pane windows. Beautiful hardwood floors on the main level with new LVP
Darren Fogel MB Denver Colorado Realty Source
$595,000
An absolutely turn key "duplex" that's non-attached....the main house at 3206 and 3210 Madison, a classic Auxiliary Dwelling Unit (ADU).....Great location with easy access to EVERYWHERE.....downtown, I-70, City Park, restaurants, coffee shops and the new park at the old golf course....classic turn-of-the-century bungalow with flagstone steps leading to a covered front porch over-looking downtown
Paul Clarke Clarke Real Estate
$550,000
Classic side by side Bungalow, featuring 1-bed 1-bath with separate basement & laundry on each side.Near public transportation, SOBO & Washington park Shops, restaurants & bars, Cherry Creek and easy Highway access to all Denver has to offer. Good investment opportunity Easy to rent.
Andrew Klein MB City Properties
$569,000
Excellent residential income opportunity, and potential house hack after existing lease expiration (current leases go through Dec '25 and Feb '26.) Lovely residential duplex, with potential to add on garages with an ADU behind the existing building. Walkable to the vibrant Broadway corridor with its numerous restaurants, coffee shops, and nightlife, as well as grocery and retail. Easy access to
Taryn Westberg Red Lodge Realty
Source: REcolorado®
MLS Number: 9487854
APN: 1334-21-008
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