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711 S Lipan Street, Denver, CO 80223

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For Sale

$430,000

3 beds • 2 baths • 1,083 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $397.05
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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# 9950779

Courtesy Of Compass

(303) 536-1786

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Garden
  • Appliances
    Dishwasher, Garbage Disposer, Range, Refrigerator, Washer
  • Architecture Style
    New Traditional
  • Exterior Type
    Wood Siding
  • Floor Covering
    Vinyl, Wood
  • Heating System
    Forced Air
  • Lot Size
    0.15 Acres

Map and Directions

Directions to 711 S Lipan Street, Denver, CO 80223

Home seller CENTURY 21 Dream Home

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CENTURY 21 Dream Home

(303) 331-6430
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† 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.

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