4585/4587 E Yale Avenue, Denver, CO 80222
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company



4585/4587 E Yale Avenue,Denver, CO 80222
$775,000
- 6 Beds
- 2 Baths
- 2,257 sq. ft.
- Multi-family
- Active
Listed by:angela foxAngela@AngelaFoxSellsDenver.com,303-246-6629
Office:madison & company properties
MLS#:6562880
Source:ML
Price summary
- Price:$775,000
- Price per sq. ft.:$343.38
About this home
House Hack Opportunity! Multi-unit investor special! Centrally located blocks from Yale Street Station and the University of
Denver DU, this updated duplex is a great investment! Perfect for Student housing and roommates or professor. Each side
has 3 beds, 1 bath, and 1,026 square feet, and what makes this property even more versatile is a basement bonus room
with outside access (owner unit only)to utilize as a home office, storage space, workout space. The primary "owner-unit"
unit has been updated (photos shown). The "tenant-unit" is in rental condition w/ long-term renter on a mo-to-mo lease.
This duplex has it all, boasting 6 beds, 2 baths, and a total of 2,257 square feet. W/D hookups in both units. Enjoy city
living with the convenience of a single-car garage offering ample storage space. "Owner Unit" has a 1 car garage and
"tenant unit" has a carport. Don't miss the opportunity to make this exceptional investment yours today! Owner has a
second exact duplex unit available if you are interested in completing your rental portfolio with a 4-plex. Ask listing agent
for more details. ********************************** The multi-unit rental property strategy: With rent prices
soaring, now would be a great time to become a real estate investor — if it weren’t for all the upfront cash needed to buy
an investment property. BUT WAIT......there's a way around this hurdle: You could buy a multifamily property, move into
one of the units, and earn passive income by collecting rent on the other units. By living in one of the units, you’d be
meeting the owner-occupancy rule for your mortgage. That means getting a lower mortgage rate compared to a loan for
commercial properties. This strategy won’t finance an entire apartment complex or a mixed-use development. It will,
however, work for a 2-, 3-, or 4-unit property.
Contact an agent
Home facts
- Year built:1958
- Listing Id #:6562880
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Living area:2,257 sq. ft.
Heating and cooling
- Heating:Forced Air, Hot Water
Structure and exterior
- Roof:Composition
- Year built:1958
- Building area:2,257 sq. ft.
- Lot area:0.15 Acres
Schools
- High school:Thomas Jefferson
- Middle school:Merrill
- Elementary school:University Park
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$343.38
- Tax amount:$3,688 (2024)
New listings near 4585/4587 E Yale Avenue
- Coming Soon$215,000Coming Soon2 beds 1 baths
710 S Clinton Street #11A, Denver, CO 80247
MLS# 5818113Listed by: KENTWOOD REAL ESTATE CITY PROPERTIES - New$425,000Active1 beds 1 baths801 sq. ft.
3034 N High Street, Denver, CO 80205
MLS# 5424516Listed by: REDFIN CORPORATION - New$315,000Active2 beds 2 baths1,316 sq. ft.
3855 S Monaco Street #173, Denver, CO 80237
MLS# 6864142Listed by: BARON ENTERPRISES INC - Open Sat, 11am to 1pmNew$350,000Active3 beds 3 baths1,888 sq. ft.
1200 S Monaco St Parkway #24, Denver, CO 80224
MLS# 1754871Listed by: COLDWELL BANKER GLOBAL LUXURY DENVER - New$875,000Active6 beds 2 baths1,875 sq. ft.
946 S Leyden Street, Denver, CO 80224
MLS# 4193233Listed by: YOUR CASTLE REAL ESTATE INC - Open Fri, 4 to 6pmNew$920,000Active2 beds 2 baths2,095 sq. ft.
2090 Bellaire Street, Denver, CO 80207
MLS# 5230796Listed by: KENTWOOD REAL ESTATE CITY PROPERTIES - New$4,350,000Active6 beds 6 baths6,038 sq. ft.
1280 S Gaylord Street, Denver, CO 80210
MLS# 7501242Listed by: VINTAGE HOMES OF DENVER, INC. - New$415,000Active2 beds 1 baths745 sq. ft.
1760 Wabash Street, Denver, CO 80220
MLS# 8611239Listed by: DVX PROPERTIES LLC - Coming Soon$890,000Coming Soon4 beds 4 baths
4020 Fenton Court, Denver, CO 80212
MLS# 9189229Listed by: TRAILHEAD RESIDENTIAL GROUP - Open Fri, 4 to 6pmNew$3,695,000Active6 beds 8 baths6,306 sq. ft.
1018 S Vine Street, Denver, CO 80209
MLS# 1595817Listed by: LIV SOTHEBY'S INTERNATIONAL REALTY