Live Smart. Earn Smart. Remodeled North Denver Home with Separate Income-Generating Studio Apartment. This property recently appraised at $558,800. Instant equity!
Step into a rare opportunity where modern upgrades meet smart income-potential in this beautifully remodeled bungalow. This home welcomes you with a freshly remodeled kitchen, fully outfitted with brand-new cabinetry, appliances, and finishes. From top to bottom everything is new: bathrooms, carpet, trim, fixtures and central air conditioning. The newly fenced yard completes the picture of effortless move-in readiness.
But the true standout is the fully detached studio ADU (Auxiliary Dwelling Unit) tucked at the rear of the property. With its own private entrance, driveway access from the alley and separate living, cooking and sleeping space, this unit offers an estimated rental income of around $1,250 / month. That means modern living & smart financing: recent update from Fannie Mae now allows rental from a properly documented ADU to count toward qualification. Imagine living in a home that covers part of your mortgage every month.
This home is a smart buy for first-time homeowners, savvy investors, or anyone looking for extra space with serious potential.
Just minutes from Downtown Denver! Enjoy unbeatable access to I-70, City Park, RiNo and nearby light rail station—making your daily commute and weekend adventures effortless. Whether you're heading into the city for work or enjoying a concert or sports game, everything you need is right at your doorstep.
Plus, This home qualifies for the Community Reinvestment Act providing 1.75% of the loan amount (up to $7000 max) as a credit towards buyer’s closing costs, pre-paids and discount points. Contact listing agent for more details.
*Rent-to-Own option with 10%-20% down, terms negotiable. Contact listing broker for more details.*
Come see it for yourself—opportunity is knocking!
For sale
Price cut: $35K (10/18)
$499,900
4024 Milwaukee Street, Denver, CO 80216
4beds
1,741sqft
Est.:
Single Family Residence
Built in 1922
5,860 Square Feet Lot
$-- Zestimate®
$287/sqft
$-- HOA
What's special
Newly fenced yardFreshly remodeled kitchenCentral air conditioningRemodeled bungalow
- 152 days |
- 840 |
- 86 |
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 09:23am
Listed by:
Monica Perez 303-912-3320,
Your Castle Real Estate Inc
Source: REcolorado,MLS#: 5205288
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Bedroom
- Level: Main
- Area: 69.58 Square Feet
- Dimensions: 9.8 x 7.1
Bedroom
- Level: Main
- Area: 85.1 Square Feet
- Dimensions: 11.5 x 7.4
Bedroom
- Description: Adu - Bedroom Studio With Ductless Mini Split
- Level: Main
- Area: 259.2 Square Feet
- Dimensions: 16 x 16.2
Bathroom
- Level: Main
- Area: 30.41 Square Feet
- Dimensions: 4.11 x 7.4
Bathroom
- Description: Adu - Completely Renovated
- Level: Main
- Area: 59.17 Square Feet
- Dimensions: 9.7 x 6.1
Other
- Level: Main
- Area: 129.95 Square Feet
- Dimensions: 11.3 x 11.5
Bonus room
- Level: Basement
- Area: 606.72 Square Feet
- Dimensions: 31.6 x 19.2
Dining room
- Level: Main
- Area: 123.71 Square Feet
- Dimensions: 13.9 x 8.9
Kitchen
- Level: Main
- Area: 106.56 Square Feet
- Dimensions: 14.4 x 7.4
Kitchen
- Description: Adu - Lots Of Storage And A Gas Stove!
- Area: 81.7 Square Feet
- Dimensions: 9.5 x 8.6
Living room
- Level: Main
- Area: 189.81 Square Feet
- Dimensions: 17.1 x 11.1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher
Features
- Flooring: Carpet, Tile
- Windows: Double Pane Windows
- Basement: Interior Entry,Partial,Unfinished
Interior area
- Total structure area: 1,741
- Total interior livable area: 1,741 sqft
- Finished area above ground: 1,298
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Concrete
- Carport spaces: 2
- Details: Off Street Spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
Lot
- Size: 5,860 Square Feet
- Features: Level, Near Public Transit
Details
- Parcel number: 224316009
- Zoning: E-SU-B
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Swansea
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $407,100
- Annual tax amount: $1,868
- Date on market: 7/11/2025
- Listing terms: Cash,Conventional,FHA,Lease Purchase,Other,Private Financing Available,VA Loan
- Exclusions: None
- Ownership: Individual
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2025 | Price change | $499,900-6.5%$287/sqft |
Source:  REcolorado #5205288 Report a problem | ||
| 10/1/2025 | Price change | $534,900-2.6%$307/sqft |
Source: REcolorado #5205288 Report a problem | ||
| 7/11/2025 | Listed for sale | $549,000+37.6%$315/sqft |
Source: REcolorado #5205288 Report a problem | ||
| 3/10/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/20/2021 | Price change | $990-5.7%$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,828 +21.6% | $23,590 -11.1% |
| 2023 | $1,503 +3.6% | $26,530 +40.4% |
| 2022 | $1,451 -7.7% | $18,900 -2.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,804/mo
Principal & interest
$2437
Property taxes
$192
Home insurance
$175
Climate risks
Neighborhood: Elyria Swansea
Nearby schools
GreatSchools rating
- 8/10Harrington Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10Mcauliffe Manual Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Manual High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Harrington
- Middle: Bruce Randolph
- High: Manual
- District: Denver 1
Source: REcolorado. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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