1701 E Iliff Ave, Denver, CO 80210
- $800,000
- 6
- BD
- 4
- BA
- 2,224
- SqFt
Courtesy of Live West Realty . 303-818-6236
Selling Office: Compass - Denver.- Sold Price
- $800,000
- List Price
- $825,000
- Closing Date
- Oct 20, 2025
- Type
- Multifamily
- Status
- CLOSED
- MLS Number
- 2370312
- Finished Sqft
- 2,224
- Subdivision
- Evanston
- Year Built
- 1955
Property Description
Fantastic investment opportunity in the heart of DU! This up/down duplex offers two spacious units with identical floor plans, each with in-unit laundry. The main-level unit is vacant and recently remodeled with refinished hardwoods, quartz counters, new fixtures, and an upgraded bath. It previously rented for $2,400/month and is ready for a new tenant or owner-occupant. The upper-level unit is leased through May at $1,980/month, well below market due to a long-term tenant, creating strong upside potential. The property has a strong rental history, with consistent occupancy and steady cash flow. Major updates include roof, furnaces, water heaters, A/C, fencing, xeriscaping, driveway/concrete, and garage door mechanisms. A fenced yard with mature trees, detached two-car garage, and off-street parking complete the property. Live in one unit and rent the other, or hold as a long-term rental with excellent growth potential. Current cap 4.9%; projected cap 5.8% at market rents.
Additional Information
- School District
- Denver 1
- Elementary School
- Asbury
- Middle School
- Grant
- High School
- South
- Parking Spaces
- 2
- Style
- Traditional
- Basement
- Walkout
- Lot Size
- 6,660
- Acres
- 0.15
- Taxes
- $5,599
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