For Sale Multi-Family MLS# 3829232

1024 Lipan Street

Denver, CO 80204

$650,000

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About 1024 Lipan Street

Exceptional opportunity to own a rare up/down duplex in Denver’s highly desirable Lincoln Park neighborhood. Whether you're looking for a house hack, multigenerational property, or long-term investment, this property offers multiple income & ownership strategies. The property includes two self-contained 2-bedroom, 1-bath units , detached oversized 2-car garage. 3,750 sq.ft. lot zoned U-TU-B offering potential for future redevelopment as a new duplex, subject to zoning & city requirements. Historic character includes etched glass above the front door, high ceilings & original charm, complemented by modern updates. The sun-filled living room features wood floors & opens to a dining area & updated kitchen w/new cabinetry & granite countertops. 2 bedrooms share a beautifully renovated custom-tile full bath, in-unit laundry. 1 bedroom provides private access to the fenced backyard. Estimated rental potential is $2,750–$3,000/month. The upper-level unit offers 2 bedrooms, 2nd custom-tile full bath, in-unit laundry, a spacious eat-in kitchen that opens to the living room. A private balcony provides neighborhood views & a glimpse of the sun setting behind the foothills. The unit is currently leased at $1596/month. The detached oversized 2-car garage adds another valuable income opportunity and is currently leased to a tenant. Keep it as an income-producing asset, reserve it for personal use, or offer it to future tenants. Outdoor space includes a large covered front porch and a private fenced backyard with firepit—perfect for entertaining or relaxing. Electric baseboard heat serves both units. Walkable Lincoln Park location near Auraria Campus, downtown Denver, and the Santa Fe Arts District. Enjoy easy access to restaurants, entertainment, transit, and the many amenities of central Denver. Buyers to independently verify financing eligibility, rental income, zoning, redevelopment potential, and all property information.

Property details

Property

Type
Duplex
MLS type
Residential Income
Status
Active
Year built
1885
Stories
2
Living area
1,687 sqft
Price / sqft
$385
Lot
0.09 AC / 3,750 SF
MLS #
3829232

Interior

Features
Unfinished
Appliances
Dishwasher, Microwave, Oven, Refrigerator
Flooring
Tile, Vinyl, Wood
Heating
Baseboard, Electric
Cooling
Air Conditioning-Room
Laundry
In Unit

Exterior & lot

Features
Balcony, Fire Pit, Private Yard
Roof
Composition
Lot
Corner Lot, Level
Patio & porch
Covered, Front Porch, Patio, Rooftop
Fence
Full
View
City
Parking
Concrete, Exterior Access Door, Oversized, Storage
Garage spaces
2

Schools

District
Denver 1
Elementary
Greenlee
Middle
KIPP Sunshine Peak Academy
High
Compassion Road Academy

Utilities

Utilities
Electricity Connected
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$3,186
Parcel
504402012
Special conditions
None Known

Location

Subdivision
Lincoln Park
County
Denver
Directions
Speer to Lipan South to property

Ask about this property

Questions on 1024 Lipan Street, or want to see it in person?

Listed by Carrie Hill, Rocky Mountain Real Estate Inc

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