Listed By:
Madison & Company Properties;
Address
2645-2675 S Cherry Street, Denver, CO
Price
$ 695,000
Property Attributes
  • MLS#6153819
  • TypeMulti-Family
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • NeighborhoodHutchinsons University Place
  • Zip80222
  • StyleTraditional
  • Year Built1958
  • Taxes$ 3688
  • Price$ 695,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2257
Data Source:
REColorado (MTOMLS)
Property Description

INVESTOR SPECIAL! LOCATION! LOCATION! LOCATION! Centrally located blocks from Yale Street Station and the University of Denver DU, this duplex is a great investment! Each side has three bedrooms and one full bath. Both units are in rental condition and have longer-term renters on a month-to-month lease (under valued monthly leases). Live in one unit and rent out the other, having your renter pay part of your mortgage providing you with a steady rental income; make your new home! OR add a duplex to your portfolio. Seller also has a second duplex available next door if you’re looking for a FOUR-PLEX to add to your portfolio (and has a remodeled "owner" side) . This duplex has it all, boasting 6 beds, 2 baths, and a total of 2,257 square feet. 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 (one unit only). Whether utilized as a home office, storage space, art studio, gym or a cozy retreat, this additional 205 sq ft adds endless possibilities to your new abode. Washer-dryer hookups are in both units. Outside, the gated backyard provides privacy and security, ideal for outdoor gatherings or simply unwinding in tranquility. Enjoy city living with the convenience of a single-car garage offering ample storage space and the second unit has a covered off street parking stall. Don't miss the opportunity to make this exceptional investment yours today!

Elementary School Middle School High School
University Park Elementary School Merrill Middle School Thomas Jefferson High School
Price History
3/8/2026 Listed $699,900
5/28/2026 1$695,000

General Features

Sewer Public Sewer
Heating Forced Air,Hot Water
Cooling None
Possession Negotiable
Roof Composition
Appliances Dishwasher,Disposal,Microwave,Oven
Garage Spaces 1
Patio/Porch Features Patio
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Brick
Exclusions tenants belongings,any staging items.
Year Built 1958
Tenant Pays Cable TV,Electricity,Gas,Internet,Trash Collection
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Corporation/Trust
Gross Income 3600
OwnerPays Grounds Care,Insurance,Taxes,Water
County Denver
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Hutchinsons University Place
Status Active
High School Thomas Jefferson
City Denver
Entry Location Ground
Senior Community Y/N No
High School District Denver 1
Carport Spaces 1
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Elementary School University Park
Tax Annual Amount 3688
Middle/Junior High School Merrill
Ok to Lease Month To Month
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Denver 1
Elementary School District Denver 1
Cap Rate 6.17

Interior Features

Interior Amenities Eat-in Kitchen
Basement Partial
Flooring Carpet,Linoleum
Common Walls End Unit,1 Common Wall
Basement (Y/N) Yes
Above Grade Finished Area 2052
Laundry Features In Unit
Total Bedrooms 6
Total Baths 2

Exterior Features

Exterior Amenities Private Yard
Fencing Full
Water Source Public
Total Parking 2
Building Area Total 2257

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 80222

Price
AVG $790K
$700K
Taxes
AVG $4,100
$3,688
Year Built
AVG 1961
1958
Visits
AVG 321
360
Data Provided by Inside Real Estate®