2543-2545 River DR new to site Save Request In-Person Tour Request Virtual Tour
Denver,CO 80211
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,472 sqft
Price per Sqft $507
Subdivision Jefferson Park
MLS Listing ID 7505687
Bedrooms 2
HOA Y/N No
Abv Grd Liv Area 1,472
Year Built 1896
Annual Tax Amount $3,290
Tax Year 2024
Lot Size 1,925 Sqft
Acres 0.04
Property Sub-Type Duplex
Source recolorado
Property Description
Welcome to this charming Victorian on historic River Drive—one of the best blocks in Jefferson Park. Originally built in 1896 as a single-family home, it's now a thoughtfully converted up/down duplex with strong rental income and endless flexibility for investors or house hackers. Brings in $55,500 income annually, cap rate is 6%.
Each unit is a mirror image: one bedroom, one bathroom, with bright and open layouts (761 & 711 sq ft). Both feature their own front porch and share a cozy backyard, making them equally inviting for long-term tenants, Airbnb/short-term rentals, or a live-and-rent setup.
The upstairs unit showcases original character with hardwood floors, high ceilings, and a large picture window that fills the space with natural light. There's also an unfinished attic with electrical, rough plumbing for a bathroom, and partial framing already in place—ideal for adding value and creating future expansion
Both kitchens are updated with solid surface counters, stainless steel appliances, modern cabinetry, and bar seating. Bedrooms are comfortably sized with generous closets and attached full baths for convenience. The lower unit is above grade with ample windows, laminate flooring, and a large closet.
Additional perks include dedicated laundry for each unit, plenty of storage, separate front and back entrances, split electric/gas meters, and central AC upstairs.
And the location? Unbeatable. Just one block to Jefferson Park and Briar Common, with an easy walk to Mile High Stadium, the aquarium, LoHi, Union Station, and quick highway access.
Recent updates: full exterior painting 2025, new water heater in lower level, new windows lower level + replaced main picture window in upper unit.
This is a rare opportunity to own a piece of Denver history with excellent income potential in a neighborhood that continues to grow.
Location
State CO
County Denver
Zoning U-TU-B
Interior
Interior Features Ceiling Fan(s),High Ceilings,Open Floorplan,Smoke Free,Walk-In Closet(s)
Heating Forced Air
Cooling Air Conditioning-Room,Central Air
Flooring Laminate,Tile,Wood
Fireplace Y
Appliance Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Oven,Range,Range Hood,Refrigerator,Washer
Laundry In Unit
Exterior
Exterior Feature Balcony,Private Yard,Rain Gutters
Parking Features Unpaved
Fence Partial
Utilities Available Cable Available,Electricity Connected,Internet Access (Wired),Natural Gas Connected
View City
Roof Type Composition
Total Parking Spaces 1
Garage No
Building
Lot Description Level
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Concrete
Schools
Elementary Schools Brown
Middle Schools Lake
High Schools North
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition None