Address
1319-1321 Elati Street, Denver, CO
Price
$ 849,000
Property Attributes
- MLS#7688007
- TypeMulti-Family
- Listing Status Active
- CountyDENVER
- CityDenver
- NeighborhoodGolden Triangle
- Zip80204
- StyleDuplex
- Year Built1940
- Taxes$ 4274
- Price$ 849,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3306
- Lot Size0.07 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Positioned in the heart of Denver's Golden Triangle/Civic Center neighborhoods and just minutes from the Auraria Campus, this renovated duplex presents a rare investment opportunity in one of Denver's most desirable urban locations. The upper residence offers 3 bedrooms and 1 bath, while the lower residence features 2 bedrooms and 1.5 baths. The main-level unit is vacant and available immediately, and the upper-level unit will be available July 1, providing the opportunity to establish market rents, occupy one unit while leasing the other, or maximize income potential. Thoughtfully updated in 2018, the property blends modern convenience with historic character, featuring stunning original woodwork, decorative fireplaces, hardwood floors, separate entrances, individual HVAC systems, and in-unit laundry. A substantial unfinished basement provides exceptional storage, while four dedicated off-street parking spaces offer a highly sought-after amenity rarely found in this central Denver location. Enjoy exceptional accessibility with a Walk Score of 94, Transit Score of 78, and Bike Score of 97. Ideally located near CU Denver, MSU Denver, Community College of Denver, downtown employment centers, museums, restaurants, and public transit, this turnkey property offers exceptional flexibility and long-term investment value. Historical gross income was approximately $58,200 annually, and with both units becoming available for occupancy, investors have the opportunity to establish market rents and further enhance income potential.
| Elementary School | Middle School | High School |
|---|---|---|
| Greenlee Elementary School | Strive Westwood Middle School | Compassion Road Academy High School |
| Price History | |
|---|---|
| 6/9/2026 | Listed $849,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Other |
| Utilities | Cable Available,Electricity Connected,Internet Access (Wired),Natural Gas Connected,Phone Available |
| Possession | Closing/DOD |
| Roof | Composition |
| Appliances | Disposal,Dryer,Oven,Range,Refrigerator,Washer |
| Zoning | D-GT |
| Patio/Porch Features | Front Porch,Patio |
| Construction Materials | Brick |
| Exclusions | Seller's personal property + all staging items. |
| Year Built | 1940 |
| Tenant Pays | Electricity,Gas,Internet,Telephone |
| Levels | Two |
| Property Subtype | Duplex |
| Tax Year | 2024 |
| Ownership | Corporation/Trust |
| Gross Income | 58200 |
| OwnerPays | Grounds Care,Insurance,Taxes,Water |
| County | Denver |
| Operating Expense | 7000 |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Golden Triangle |
| Facing Direction | East |
| Status | Active |
| High School | Compassion Road Academy |
| City | Denver |
| Entry Location | Exterior Access |
| Senior Community Y/N | No |
| High School District | Denver 1 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 3125 |
| Listing Terms | Cash,Conventional,Other |
| Elementary School | Greenlee |
| Tax Annual Amount | 4274 |
| Middle/Junior High School | Strive Westwood |
| Structure Type | Duplex |
| Standard Status | Active |
| Middle/Junior School District | Denver 1 |
| Elementary School District | Denver 1 |
| Cap Rate | 6.03 |
Interior Features
| Interior Amenities | High Ceilings |
|---|---|
| Basement | Unfinished |
| Flooring | Carpet,Tile,Wood |
| Fireplace Features | Living Room |
| Common Walls | 1 Common Wall |
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 2204 |
| Laundry Features | In Unit |
| Total Bedrooms | 5 |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Balcony,Lighting,Private Yard,Rain Gutters |
|---|---|
| Fencing | Full |
| Lot Features | Landscaped,Level |
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 3125 |
| Building Area Total | 3306 |
| Lot Size Acres | 0.07 |
| Road Responsibility | Public Maintained Road |
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 80204
Price
Taxes
Year Built
Visits
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