House Hack Opportunity! Multi-unit investor special! Centrally located blocks from Yale Street Station and the University of
Denver DU, this updated duplex is a great investment! Perfect for Student housing and roommates or professor. Each side
has 3 beds, 1 bath, and 1,026 square feet, and what makes this property even more versatile is a basement bonus room
with outside access (owner unit only)to utilize as a home office, storage space, workout space. The primary "owner-unit"
unit has been updated (photos shown). The "tenant-unit" is in rental condition w/ long-term renter on a mo-to-mo lease.
This duplex has it all, boasting 6 beds, 2 baths, and a total of 2,257 square feet. W/D hookups in both units. Enjoy city
living with the convenience of a single-car garage offering ample storage space. "Owner Unit" has a 1 car garage and
"tenant unit" has a carport. Don't miss the opportunity to make this exceptional investment yours today! Owner has a
second exact duplex unit available if you are interested in completing your rental portfolio with a 4-plex. Ask listing agent
for more details. ********************************** The multi-unit rental property strategy: With rent prices
soaring, now would be a great time to become a real estate investor — if it weren’t for all the upfront cash needed to buy
an investment property. BUT WAIT......there's a way around this hurdle: You could buy a multifamily property, move into
one of the units, and earn passive income by collecting rent on the other units. By living in one of the units, you’d be
meeting the owner-occupancy rule for your mortgage. That means getting a lower mortgage rate compared to a loan for
commercial properties. This strategy won’t finance an entire apartment complex or a mixed-use development. It will,
however, work for a 2-, 3-, or 4-unit property.
Listed by Angela Fox
·
License #043577
·
Madison & Company Properties
·
303-246-6629
Last updated August 06, 2025
·
Source: REcolorado #6562880
Listing Facts
TypeMulti-family
NeighborhoodUniversity Hills
Bedrooms6
Bathrooms2
Days on Prevu102
Taxes$3,688/year
Size2,052 sqft
Price per sqft$378
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
06/17/2025
Price Decreased
$775,000
05/28/2025
Listed by Madison & Company Properties
$785,000
Property Details for 4585/4587 E Yale Avenue
Exterior
Construction
Property Attached: Yes
Roof: Composition
Structure Type: Duplex
Year Built: 1958
Architectural Style: Traditional
Common Walls: 1 Common Wall
Construction Materials: Brick
Entry Location: Ground
Features
Patio And Porch Features: Deck
Measurements
Building Area Total: 2,257
Lot Features: Level
Lot Size Acres: 0.15
Lot Size Area: 6,600
Lot Size Square Feet: 6,600
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $4,000.00
Operating Expense: $65.00
Operating Expense Includes: Insurance, Maintenance, Personal Property Tax, Real Estate Tax, Utilities
Taxes
Parcel Number: 6303-16-012
Tax Annual Amount: $3,688.00
Tax Year: 2024
Interior
Features
Flooring: Carpet, Linoleum, Wood
Measurements
Living Area: 2,052
Rooms
Basement: Partial, Unfinished
Has Basement: Yes
Bathrooms Total Integer: 2
Bedrooms Total: 6
Other
General
Exclusions: Tenants' property
Location
Subdivision Name: Hutchinsons University Place
Parking
Parking
Carport Spaces: 1
Garage Spaces: 1
Parking Total: 2
Schools
Elementary School
Elementary School: University Park
Elementary School District: Denver 1
High School
High School: Thomas Jefferson
High School District: Denver 1
Middle or Junior School
Middle Or Junior School: Merrill
Middle Or Junior School District: Denver 1
Utilities
Equipment
Heating: Forced Air, Hot Water
Laundry Features: In Unit
Sewer: Public Sewer
Utilities: Electricity Available
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.