1518-1520 S Sherman Street, Denver, CO 80210
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1518-1520 S Sherman Street,Denver, CO 80210
$1,295,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by:kevin shelledykevin.shelledy@compass.com,720-357-2650
Office:compass - denver
MLS#:9886633
Source:ML
Price summary
- Price:$1,295,000
About this home
Positioned on a 6,250 sq ft double lot, in the heart of Platt Park, this rare, FULL side-by-side duplex offers a turnkey investment with proven rental income. It’s an ideal setup for house hackers looking to offset their mortgage, a private yet convenient mother-in-law suite or a phenomenal dual rental investment! This property includes two fully separate units—1518 (North Unit) and 1520 (South Unit)—each with private entrances, kitchens, laundry, patios and yard access, ideal for all living strategies.
Unit 1518 is a spacious 4-bedroom, 2-bath residence featuring a bright, open layout and tasteful updates including two brand new GORGEOUS bathroom remodels. Most recently leased at $3,200/month—below market—to reliable, long-term tenants, it provides stable income with room to increase rents or an amazing place to simply call Home.
Unit 1520, a 1-bedroom, 1-bath unit, has consistently averaged $2,700/month on Airbnb with 30 day stay minimums. With vaulted ceilings, an open kitchen, and an upstairs, private suite, it appeals to both short-term and mid-term tenants and was once a spectacular pied-à-terre!
Each residence offers its own private outdoor retreat. At 1518, you’ll find a charming bungalow-style front porch, perfect for relaxing, along with access to a spacious backyard featuring a private pergola. Meanwhile, 1520 boasts a cozy and secluded front porch—ideal for enjoying your morning coffee—and its own entry to the large backyard, easily tailored to your desired level of privacy. A rare three-car garage adds secure parking and additional rental appeal.
Located just blocks from South Pearl Street, the Platt Park Farmers Market, two light rail stops, and the upcoming NWSL Stadium, this two unit duplex combines prime location with proven cash flow. Whether you’re focused on steady long-term tenants, furnished mid-term rentals, or short-term income, this property delivers both immediate returns and long-term equity growth.
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Home facts
- Year built:1897
- Listing ID #:9886633
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1897
Schools
- High school:South
- Middle school:Grant
- Elementary school:McKinley-Thatcher
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,295,000
- Tax amount:$5,330 (2024)
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