1024 Lipan, Denver, CO 80204
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1024 Lipan,Denver, CO 80204
$650,000
- 3 Beds
- 2 Baths
- 1,687 sq. ft.
- Multi-family
- Active
Listed by: carrie hill
Office: rocky mountain real estate inc
MLS#:3829232
Source:ML
Price summary
- Price:$650,000
- Price per sq. ft.:$385.3
About this home
Exceptional opportunity to own a rare up/down duplex in Denver’s highly desirable Lincoln Park neighborhood. Whether you're looking for a house hack, multigenerational property, or long-term investment, this property offers multiple income & ownership strategies. The property includes two self-contained 2-bedroom, 1-bath units , detached oversized 2-car garage. 3,750 sq.ft. lot zoned U-TU-B offering potential for future redevelopment as a new duplex, subject to zoning & city requirements. Historic character includes etched glass above the front door, high ceilings & original charm, complemented by modern updates. The sun-filled living room features wood floors & opens to a dining area & updated kitchen w/new cabinetry & granite countertops. 2 bedrooms share a beautifully renovated custom-tile full bath, in-unit laundry. 1 bedroom provides private access to the fenced backyard. Estimated rental potential is $2,750–$3,000/month. The upper-level unit offers 2 bedrooms, 2nd custom-tile full bath, in-unit laundry, a spacious eat-in kitchen that opens to the living room. A private balcony provides neighborhood views & a glimpse of the sun setting behind the foothills. The unit is currently leased at $1596/month. The detached oversized 2-car garage adds another valuable income opportunity and is currently leased to a tenant. Keep it as an income-producing asset, reserve it for personal use, or offer it to future tenants. Outdoor space includes a large covered front porch and a private fenced backyard with firepit—perfect for
entertaining or relaxing. Electric baseboard heat serves both units. Walkable Lincoln Park location near Auraria Campus, downtown Denver, and the Santa Fe Arts District. Enjoy easy access to restaurants, entertainment, transit, and the many amenities of central Denver. Buyers to independently verify financing eligibility, rental income, zoning, redevelopment potential, and all property information....
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Home facts
- Year built:1885
- Subdivision & Development:Lincoln Park
- Listing ID #:3829232
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Flooring:Tile, Vinyl, Wood
- Kitchen Description:Dishwasher, Microwave, Oven, Refrigerator
- Basement Description:Unfinished
- Living area:1,687 sq. ft.
Heating and cooling
- Cooling:Air Conditioning-Room
- Heating:Baseboard, Electric
Structure and exterior
- Roof:Composition
- Year built:1885
- Building area:1,687 sq. ft.
- Lot Features:Corner, Level
- Architectural Style:Victorian
- Construction Materials:Frame, Wood Siding
- Exterior Features:Balcony, Covered, Fire Pit, Front Porch, Patio, Private Yard, Rooftop
- Levels:2 Story
Schools
- High school:Compassion Road Academy
- Middle school:KIPP Sunshine Peak Academy
- Elementary school:Greenlee
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$385.3
- Tax amount:$3,186
Features and amenities
- Laundry features:In Unit
Parking
- Parking description:Oversized
- Garage spaces:2
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