Opportunity Awaits – 4-Bedroom Denver Home with Built-In Equity
This 4-bedroom, 1-bathroom home is a rare chance for investors or first-time buyers looking to build serious value. Priced well below market with an estimated ARV of (AT THE MINIMUM) $535K+, this property offers instant equity for the right buyer with vision.
The home features a solid layout and great bones, and it’s move-in ready, allowing you to live comfortably while updating and adding value over time that can significantly boost its value. Whether you're planning to renovate and flip, rent for cash flow, or create long-term equity, this is a smart investment in one of Denver’s appreciating neighborhoods.
Comparable renovated homes nearby have recently sold between $550K–$600K, including:
2670 S Raleigh St – 1,310 sq ft | Sold for $600,000
278 Raleigh St – 1,660 sq ft | Sold for $589,900
501 S Dale Ct – 1,594 sq ft | Sold for $570,999
With the right updates, this property could easily compete in that range. Don’t miss your chance to secure a high-upside opportunity in a growing market. Bring your tools and your vision — the potential here is real.
Listed by Cesar Pena
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License #55059898
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LPT Realty
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720-320-4330
Last updated August 14, 2025
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Source: REcolorado #9642824
Listing Facts
TypeSingle-family
NeighborhoodMar Lee
Bedrooms4
Bathrooms1
Days on Prevu23
Taxes$1,286/year
Size798 sqft
Price per sqft$545
Amenities
Private Outdoor Space
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
08/14/2025
Listed by LPT Realty
$435,000
Property Details for 3164 W Iowa Avenue
Exterior
Construction
Roof: Composition
Structure Type: House
Year Built: 1946
Construction Materials: Metal Siding
Exterior Features: Private Yard
Features
Fencing: Full
Patio And Porch Features: Patio
Road Frontage Type: Public
Measurements
Building Area Total: 1,596
Lot Features: Level
Lot Size Acres: 0.14
Lot Size Area: 6,000
Lot Size Square Feet: 6,000
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 5203-04-012
Tax Annual Amount: $1,286.00
Tax Year: 2024
Interior
Features
Appliances: Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Flooring: Carpet, Wood
Interior Features: Eat-in Kitchen, Smoke Free
Spa Features: Bath
Measurements
Living Area: 798
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 4
Main Level Bathrooms: 1
Main Level Bedrooms: 2
Other
General
Exclusions: Seller's Personal Property, Chandelier in living room, seller will replace fixture for new owner before closing.
Location
Subdivision Name: Progress Heights
Parking
Parking
Parking Total: 1
Schools
Elementary School
Elementary School: Johnson
Elementary School District: Denver 1
High School
High School: Abraham Lincoln
High School District: Denver 1
Middle or Junior School
Middle Or Junior School: Strive Federal
Middle Or Junior School District: Denver 1
Utilities
Equipment
Cooling: Evaporative Cooling
Heating: Forced Air
Laundry Features: In Unit
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available
Water Source: Public
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