Live-In Investment Opportunity — Southwest Denver, CO Own Both Units. One Price. Endless Potential.
This classic brick duplex on a prominent corner lot offers the ideal blend of stability and upside in one of Denver’s fastest-growing neighborhoods. With two spacious 2-bed/1-bath units and 1 long-term tenant on month-to-month lease, you have options: live in one, rent the other, renovate for increased value, or lease both for steady cash flow.
Legal up/down duplex with proven rental history since 2008. Month-to-month tenant in upper unit offer flexibility for occupancy or upgrades. Solid construction, ample off-street parking (up to 6 vehicles), and strong curb appeal. Perfect for house hacking, multi-generational living, or portfolio expansion. Located in a vibrant area with rising demand and equity growth
Whether you're a seasoned investor or a savvy buyer looking to offset your mortgage, this property delivers. Live comfortably while your asset works for you.
Listed by Bill Mathisen
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License #050195
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Mathisen Real Estate
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303-996-2501
Last updated October 23, 2025
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Source: REcolorado #2812922
Listing Facts
TypeMulti-family
NeighborhoodSheridan
Bedrooms4
Bathrooms2
Days on Prevu81
Taxes$3,591/year
Size1,440 sqft
Price per sqft$299
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/03/2025
Status changed to Active
$430,000
10/02/2025
Status changed to Pending
$430,000
09/26/2025
Status changed to Active
$430,000
09/24/2025
Status changed to Pending
$430,000
09/20/2025
Status changed to Active
$430,000
09/05/2025
Status changed to In Contract
$430,000
08/04/2025
Listed by Mathisen Real Estate
$430,000
Property Details for 3850 1/2 S King Street
Exterior
Construction
Property Condition: Fixer
Roof: Composition
Structure Type: Duplex
Year Built: 1964
Architectural Style: Contemporary
Construction Materials: Brick
Exterior Features: Private Yard
Features
Fencing: Full
Measurements
Building Area Total: 1,440
Lot Features: Corner Lot, Level
Lot Size Acres: 0.11
Lot Size Area: 4,792
Lot Size Square Feet: 4,792
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.0
Gross Income: $35,400.00
Operating Expense: $6,000.00
Operating Expense Includes: Insurance, Personal Property Tax
Taxes
Parcel Number: 031971837
Tax Annual Amount: $3,591.00
Tax Year: 2024
Interior
Measurements
Living Area: 1,440
Rooms
Bathrooms Total Integer: 2
Bedrooms Total: 4
Other
General
Exclusions: Tenants personal property
Location
Subdivision Name: Sheridan
Parking
Parking
Parking Features: Gravel
Parking Total: 4
Schools
Elementary School
Elementary School: Sheridan
Elementary School District: Sheridan 2
High School
High School: Sheridan
High School District: Sheridan 2
Middle or Junior School
Middle Or Junior School: Sheridan
Middle Or Junior School District: Sheridan 2
Utilities
Equipment
Heating: Forced Air, Wall Furnace
Sewer: Community Sewer
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