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.
For sale
Price cut: $10K (6/17)
$775,000
4585/4587 E Yale Avenue, Denver, CO 80222
3beds
1baths
2,257sqft
Est.:
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
- 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#: 6562880

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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