USACODenverHutchinsons University Place4585 E Yale Ave

$750,000

For Sale

2 months ago

4585 E Yale Ave, Denver, CO

Name: 4585 E Yale Ave, For Sale in Denver - eXp Realty
Brand: Madison & Company Properties
SKU: 5112535
Price: 750000 USD

House

MLS® 5112535

6 Bed

2 Bath

2052 sqft

2 Parking

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 2052 sqft

Garage Yes

Taxes $3,688

Days Active 55

Lot Size

Approx. Age 1958

Avg. Price Per Sqft $365

MLS® Number 5112535

Property Address: 4585 E Yale Ave, Denver, CO, 80222-6536

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

Description

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 (minus one side updated for "owner" that is fully rented) 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.

MLS® Number5112535

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1958

BasementPartial, Unfinished

DrivewayDetached

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 8, 2026List Date

$750,000List Price

Commute

Commute

Starting Address

Destination Address

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