$701,000
$675,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,472 SqFt
SOLD DATE : 03/31/2026
Key Details
Sold Price $701,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,472 sqft
Price per Sqft $476
Subdivision Jefferson Park
MLS Listing ID 3380784
Sold Date 03/31/26
Bedrooms 2
HOA Y/N No
Abv Grd Liv Area 1,472
Year Built 1896
Annual Tax Amount $3,290
Tax Year 2024
Lot Size 1,925 Sqft
Acres 0.04
Property Sub-Type Duplex
Source recolorado
Property Description
An opportunity to Own for Less than Renting in Denver? You heard that Right!
This is a rare opportunity to own and house hack a full duplex in the heart of Jefferson Park at an unbeatable price. 2543–2545 W River Drive offers immediate income with long term upside. The property is separately metered, and each unit has its own washer and dryer, furnace, and water heater for streamlined operations. Both units feature soaring 10 foot ceilings, exposed brick, and large upgraded windows with abundant natural light. Over $30k has been invested in exterior paint, windows, landscaping, fencing, parking, and appliance upgrades. Major systems are well maintained, giving investors confidence from day one.
The property is tenant occupied, providing income at closing. The upper unit, #2545, is leased at $2,150 per month through November 2026, creating stable cash flow. The lower unit, #2543, is leased at $2125 per month, and is fully above grade with two exterior walkouts, becomes available in April, offering flexibility to owner occupy, re lease, or explore short term & mid term rental strategies. Both units are furnished and have achieved 10-30% higher rents than average unfurnished units in the area.
The upstairs unit also includes an unfinished attic pre plumbed for a future bedroom and bathroom expansion, adding clear value add potential. Live in one unit and rent the other, or continue operating both as furnished rentals. The lease timing supports multiple hold or exit strategies. Jefferson Park's walkability supports strong tenant demand with easy access to coffee shops, restaurants, bike paths, green space, downtown Denver, and quick interstate access.
Character. Cash flow. Flexibility. Location.
Showings open this weekend at open houses ONLY. Saturday 3/7 and Sunday 3/8
Location
State CO
County Denver
Zoning U-TU-B
Interior
Interior Features Ceiling Fan(s), High Ceilings, Open Floorplan, Smoke Free, Walk-In Closet(s)
Heating Forced Air
Cooling Air Conditioning-Room, Central Air
Flooring Laminate, Tile, Wood
Fireplace Y
Appliance Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Balcony, Private Yard, Rain Gutters
Parking Features Gravel
Fence Full, Partial
View City
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Lot Description Level
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
Structure Type Brick,Frame
Schools
Elementary Schools Brown
Middle Schools Lake
High Schools North
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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