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For sale
  • Price cut: $10K (6/17)
    $775,000

    4585/4587 E Yale Avenue, Denver, CO 80222

    3beds
    1baths
    2,257sqft
    : 
    Duplex
    Built in 1958
    -- sqft lot
    $755,600 Zestimate®
    $343/sqft
    $-- HOA

    What's special

    Updated duplexBasement bonus roomWorkout spaceSingle-car garageStorage spaceAmple storage spaceHome office
    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.
    34 days
    on Zillow
    |
    320
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 17, 2025 at 03:28pm

    Listed by:

    Angela Fox 303-246-6629 Angela@AngelaFoxSellsDenver.com,

    Madison & Company Properties

    Source: REcolorado,MLS#: 6562880MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4585/4587 E Yale Avenue.

    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    Heating
    • Forced Air, Hot Water
    Cooling
    • None
    Appliances
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Linoleum, Wood
    • Basement: Partial,Unfinished
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,257
    • Total interior livable area: 2,257 sqft
    • Finished area above ground: 2,052
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Carport
    • Garage spaces: 1
    • Carport spaces: 1
    • Covered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground
    • Patio & porch: Deck
    Lot
    • Size: 6,600 Square Feet
    • Features: Level
    Details
    • Parcel number: 630316012
    • Zoning: S-MU-5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Hutchinsons University Place
    HOA
    • Has HOA: No
    Location
    • Region: Denver

    Financial & listing details

    • Price per square foot: $343/sqft
    • Annual tax amount: $3,688
    • Date on market: 5/29/2025
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Exclusions: Tenants' Property
    • Ownership: Corporation/Trust
    • Tenant pays: Cable TV, Electricity, Gas, Internet, Trash Collection
    • Electric utility on property: Yes
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