Live Smart. Earn Smart. Remodeled North Denver Home with Separate Income-Generating Studio Apartment. This property recently appraised at $558,800. Instant equity!
Step into a rare opportunity where modern upgrades meet smart income-potential in this beautifully remodeled bungalow. This home welcomes you with a freshly remodeled kitchen, fully outfitted with brand-new cabinetry, appliances, and finishes. From top to bottom everything is new: bathrooms, carpet, trim, fixtures and central air conditioning. The newly fenced yard completes the picture of effortless move-in readiness.
But the true standout is the fully detached studio ADU (Auxiliary Dwelling Unit) tucked at the rear of the property. With its own private entrance, driveway access from the alley and separate living, cooking and sleeping space, this unit offers an estimated rental income of around $1,250 / month. That means modern living & smart financing: recent update from Fannie?Mae now allows rental from a properly documented ADU to count toward qualification. Imagine living in a home that covers part of your mortgage every month.
This home is a smart buy for first-time homeowners, savvy investors, or anyone looking for extra space with serious potential.
Just minutes from Downtown Denver! Enjoy unbeatable access to I-70, City Park, RiNo and nearby light rail station—making your daily commute and weekend adventures effortless. Whether you're heading into the city for work or enjoying a concert or sports game, everything you need is right at your doorstep.
Plus, This home qualifies for the Community Reinvestment Act providing 1.75% of the loan amount (up to $7000 max) as a credit towards buyer’s closing costs, pre-paids and discount points. Contact listing agent for more details.
Come see it for yourself—opportunity is knocking!
Listed by Monica Perez
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License #010426
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Your Castle Real Estate Inc
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303-912-3320
Last updated October 22, 2025
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Source: REcolorado #5205288
Listing Facts
TypeSingle-family
NeighborhoodElyria Swansea
Bedrooms4
Bathrooms2
Days on Prevu105
Taxes$1,868/year
Size1,298 sqft
Price per sqft$385
Amenities
Dishwasher
Private Outdoor Space
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
10/18/2025
Price Decreased
$499,900
10/01/2025
Price Decreased
$534,900
07/11/2025
Listed by Your Castle Real Estate Inc
$549,000
Property Details for 4024 Milwaukee Street
Exterior
Construction
Property Condition: Updated/Remodeled
Roof: Composition
Structure Type: House
Window Features: Double Pane Windows
Year Built: 1922
Construction Materials: Frame, Stucco
Features
Direction Faces: West
Patio And Porch Features: Front Porch
Road Frontage Type: Public
Measurements
Building Area Total: 1,741
Lot Features: Level, Near Public Transit
Lot Size Acres: 0.13
Lot Size Area: 5,860
Lot Size Square Feet: 5,860
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 2243-16-009
Tax Annual Amount: $1,868.00
Tax Year: 2024
Interior
Features
Appliances: Dishwasher
Flooring: Carpet, Tile
Measurements
Living Area: 1,298
Rooms
Basement: Interior Entry, Partial, Unfinished
Has Basement: Yes
Bathrooms Full: 1
Bathrooms Three Quarter: 1
Bathrooms Total Integer: 2
Bedrooms Total: 4
Main Level Bathrooms: 2
Main Level Bedrooms: 4
Other
Location
Subdivision Name: Swansea
Parking
Parking
Carport Spaces: 2
Parking Features: Concrete
Parking Total: 4
Schools
Elementary School
Elementary School: Harrington
Elementary School District: Denver 1
High School
High School: Manual
High School District: Denver 1
Middle or Junior School
Middle Or Junior School: Bruce Randolph
Middle Or Junior School District: Denver 1
Utilities
Equipment
Cooling: Central Air
Heating: Forced Air, Natural Gas
Sewer: Public Sewer
Water Source: Public
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