26K price drop! Awesome side by side triplex under 900k! Great Well Maintained Park Hill Triplex! Three side by side 2bd, 1 ba units each with its own Laundry. Fully rented with good tenants with one opening back up in July. Perfect for owner occ or opportunity to raise rent and increase cash flow. New Roof and Windows. Sprinklers in front and back yard. Great layout on Lot and perfect location across the street from Smith Elementary School. Property is under management now but this is an easy starter rental property to self manage. Lots of options for creative wealth building. Live in one unit and house hack, rent all three, or split the lot and sell each unit as a townhome. Townhome comps for 2 bed units like this are in the 400k-425K range. Lots of off street parking. Perfect walkable/bikeable location to Dandy Lion Coffee, Station 26 Brewing, Hiawatha Rec Center with Pool, Central Park, City Park and Denvers newest soon to be 4th largest park, Park Hill Park. Rents average at $1,725 per Unit per month, before new windows were installed. Interior Pictures are of 3542 Only. Windows have been replaced since pictures were taken.THIS HOME QUALIFIES FOR THE COMMUNITY REINVESTMENT ACT PROVIDING 1.75% OF THE LOAN AMOUNT AS A CREDIT towards buyer’s closing costs, pre-paids and discount points. Contact listing agent for more details.
Listed by Aaron Graybill
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License #36825N
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Goodhouse Real Estate LLC
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303-506-6786
Last updated August 06, 2025
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Source: REcolorado #4010313
Listing Facts
TypeMulti-family
NeighborhoodNortheast Park Hill
Days on Prevu75
Taxes$4,855/year
Size2,929 sqft
Price per sqft$290
Amenities
Parking
Location
Mortgage Calculator
Listing History
08/01/2025
Price Decreased
$850,000
07/25/2025
Price Decreased
$875,000
07/14/2025
Price Decreased
$899,000
07/04/2025
Price Decreased
$925,000
06/25/2025
Listed by Goodhouse Real Estate LLC
$975,000
Property Details for 3538 Kearney
Exterior
Construction
Property Attached: Yes
Roof: Shingle
Structure Type: Triplex
Year Built: 1955
Common Walls: 1 Common Wall
Construction Materials: Brick
Measurements
Building Area Total: 2,929
Lot Size Acres: 0.22
Lot Size Area: 9,650
Lot Size Square Feet: 9,650
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.45
Gross Income: $63,660.00
Operating Expense: $14,835.00
Operating Expense Includes: Insurance, Maintenance, Real Estate Tax
Taxes
Parcel Number: 0129213003000
Tax Annual Amount: $4,855.00
Tax Year: 2025
Interior
Measurements
Living Area: 2,929
Other
General
Exclusions: Tenants Personal Property
Location
Subdivision Name: Northeast Park Hill
Parking
Parking
Parking Total: 3
Schools
Elementary School
Elementary School: Smith Renaissance
Elementary School District: Denver 1
High School
High School: East
High School District: Denver 1
Middle or Junior School
Middle Or Junior School: DSST: Stapleton
Middle Or Junior School District: Denver 1
Utilities
Equipment
Heating: Forced Air, Natural Gas
Sewer: Public Sewer
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