Link Copied
Listed price in listed location currency (USD).
$395,000

320

MLS® 9950779

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1083 sqft
Garage Yes
Taxes $1,971
Days Active 152
Lot Size 0.15 acres
Approx. Age 1956
Avg. Price Per Sqft $364
MLS® Number 9950779

Property Address: 711 S Lipan St, Denver, CO, 80223-2742

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to your ideal Athmar Park home! This charming 3-bedroom, 2-bath ranch-style residence offers timeless mid-century curb appeal on a generous 6, 400 sq ft lot. With original hardwood floors and a functional, open layout, the home combines classic character with modern potential. The highlight is the expansive, level backyard-perfect for entertaining, gardening, adding an ADU, or simply enjoying the mature trees and outdoor space. Located in the heart of Athmar Park, one of Denver's most beloved and historic neighborhoods, this home offers quick access to Federal Blvd, Santa Fe Drive, I-25, and downtown Denver. Enjoy being steps away from local parks including Aspgren, Huston Lake, Vanderbilt, and Habitat Park. Whether you're commuting or exploring the city, this location is unbeatable. Solidly built and full of opportunity, 711 S Lipan St is move-in ready with room to personalize, making it a rare find in both value and location. Don't miss your chance to call this vibrant neighborhood home! Seller is offercing Closing Cost Concession up to 2%! This property at 711 S Lipan St also functions as a strong-performing investment asset in Denver's thriving rental market. Currently leased at approximately $2, 800 per month, it benefits from the high demand for 3-bedroom homes in the Athmar Park area (Rental rates range from $2, 600-$3, 300 in this area. With $33, 600 in annual rental income and a purchase price of \$430, 000, the property yields a gross cap rate of approximately 7.8%-a compelling return compared to the typical 4-5% rates in surrounding neighborhoods. Year over year, it has demonstrated consistent rental performance, making it not only a welcoming primary residence but also a savvy, income-generating opportunity for investors.
MLS® Number9950779
Laundry Level
Central VacNo
FireplaceNo
Acreage0.15
Exterior
GarageYes
Approx. Age1956
Basement
Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 3:Main FloorNot available
Living Room:Main FloorNot available
Kitchen:Main FloorNot available
Master Bedroom:Main FloorNot available
Bedroom 2:Main FloorNot available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 23, 2025List Date
$395,000List Price

Home Appraisal

This property is estimated to sell between: $395,000 and $455,000.
Similar properties in this area sold on average for: $434,442
Expected to sell very soon! Similar properties sold in 66 days. This home has been on eXp Realty for 152 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
711 S Lipan St, Denver, CO

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties