This is a rare opportunity to own a property with G-MU-5 zoning in this highly desirable neighborhood, just one block from the iconic Washington Park. The G-MU-5 zoning allows for a variety of multi-unit developments, including urban houses, duplexes, row houses/townhouses, and apartment buildings, with a maximum height of five stories. Located just steps from Washington Park, 1.5 miles from Cherry Creek Shopping Center, and less than 5 miles to Downtown Denver and the University of Denver, this property offers an exceptional development opportunity. The 6,350 sqft lot includes 2,641 sqft of living space and a detached garage, currently configured as an owner-occupied duplex that could provide immediate cash flow potential. Whether you're looking to house hack, develop or hold as an investment, this property offers incredible potential.
For sale
Price cut: $100K (5/20)
$1,599,999
318 S Lafayette Street, Denver, CO 80209
4beds
3baths
2,641sqft
Est.:
Duplex
Built in 1954
-- sqft lot
$-- Zestimate®
$606/sqft
$-- HOA
What's special
Owner-occupied duplexDetached garage
- 111 days
- on Zillow |
- 232 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: May 20, 2025 at 02:31pm
Listed by:
Olivia Merrill 720-400-0343 olivia@teamdenverhomes.com,
LIV Sotheby's International Realty,
Mor Zucker 303-557-8862,
LIV Sotheby's International Realty
Source: REcolorado,MLS#: 6067857

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator
- Laundry: In Unit, Multiple Locations
Features
- Ceiling Fan(s), Smoke Free
- Flooring: Carpet, Linoleum, Tile, Wood
- Basement: Finished
- Common walls with other units/homes: No One Above,No One Below,1 Common Wall
Interior area
- Total structure area: 2,641
- Total interior livable area: 2,641 sqft
- Finished area above ground: 2,641
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Exterior Access
- Patio & porch: Deck
- Exterior features: Private Yard
- Fencing: Full
Lot
- Size: 6,350 Square Feet
- Features: Level, Near Public Transit
Details
- Parcel number: 514203027
- Zoning: G-MU-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick, Frame
- Roof: Composition
Condition
- Fixer
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Community & HOA
Community
- Subdivision: Washington Park
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $606/sqft
- Tax assessed value: $1,470,900
- Annual tax amount: $7,351
- Date on market: 3/4/2025
- Listing terms: 1031 Exchange,Cash,Conventional,Jumbo
- Exclusions: Seller's Personal Property
- Ownership: Individual
- Electric utility on property: Yes
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