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1518-1520 S Sherman Street, Denver, CO 80210

For Sale

$1,294,955

5 beds • 2,734 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $473.65
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Positioned on a 6,250 sq ft double lot, in the heart of Platt Park, this rare, FULL side-by-side duplex offers a turnkey investment with proven rental income. It s an ideal setup for house hackers looking to offset their mortgage, a private yet convenient mother-in-law suite or a phenomenal dual rental investment! This property includes two fully separate units 1518 (North Unit) and 1520 (South Unit) each with private entrances, kitchens, laundry, patios and yard access, ideal for all living strategies. Unit 1518 is a spacious 4-bedroom, 2-bath residence featuring a bright, open layout and tasteful updates including two brand new GORGEOUS bathroom remodels. Most recently leased at $3,200/month below market to reliable, long-term tenants, it provides stable income with room to increase rents or an amazing place to simply call Home. Unit 1520, a 1-bedroom, 1-bath unit, has consistently averaged $2,700/month on Airbnb with 30 day stay minimums. With vaulted ceilings, an open kitchen, and an upstairs, private suite, it appeals to both short-term and mid-term tenants and was once a spectacular pied-à-terre! Each residence offers its own private outdoor retreat. At 1518, you ll find a charming bungalow-style front porch, perfect for relaxing, along with access to a spacious backyard featuring a private pergola. Meanwhile, 1520 boasts a cozy and secluded front porch ideal for enjoying your morning coffee and its own entry to the large backyard, easily tailored to your desired level of privacy. A rare three-car garage adds secure parking and additional rental appeal. Located just blocks from South Pearl Street, the Platt Park Farmers Market, two light rail stops, and the upcoming NWSL Stadium, this two unit duplex combines prime location with proven cash flow. Whether you re focused on steady long-term tenants, furnished mid-term rentals, or short-term income, this property delivers both immediate returns and long-term equity growth.
MLS# 9886633

Courtesy Of Compass

(303) 536-1786

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Bungalow
  • Exterior Type
    Brick
  • Floor Covering
    Laminate, Tile, Wood
  • Heating System
    Forced Air
  • Lot Size
    0.14 Acres
  • Rooms
    Basement

Map and Directions

Directions to 1518-1520 S Sherman Street, Denver, CO 80210

Home seller CENTURY 21 Elevated Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Elevated Real Estate

(970) 216-4622
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.