Denver, CO 80210,1518-1520 S Sherman ST
Denver, CO 80210,1518-1520 S Sherman ST
Denver, CO 80210,1518-1520 S Sherman ST
Denver, CO 80210,1518-1520 S Sherman ST
Denver, CO 80210,1518-1520 S Sherman ST
Denver, CO 80210,1518-1520 S Sherman ST
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$ 1,295,000
Est. payment | /mo

5 Beds

3 Baths

3,276 SqFt


Save
$ 1,295,000
Est. payment | /mo
Save

5 Beds

3 Baths

3,276 SqFt

Open House

Sat Oct 11, 11:00am - 1:00pm

Sun Oct 12, 11:00am - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,276 sqft

Price per Sqft $395

Subdivision Platt Park

MLS Listing ID 9886633

Style Bungalow

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 2,734

Year Built 1897

Annual Tax Amount $5,330

Tax Year 2024

Lot Size 6,250 Sqft

Acres 0.14

Property Sub-Type Duplex

Source recolorado

Property Description

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.

Location

State CO

County Denver

Zoning U-SU-B1

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Flooring Laminate, Tile, Wood

Fireplace N

Appliance Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer

Exterior

Exterior Feature Private Yard

Garage Spaces 3.0

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Mckinley-Thatcher

Middle Schools Grant

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition None

REColorado (REColorado MLS)
Listed by Compass - Denver
Rick Perez

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1518-1520 S Sherman ST