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$750,000

Est. payment - /mo

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3 Beds

2 Baths

1,687 SqFt

New

1024 Lipan ST Denver, CO 80204

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Jerid Wempen

jwempen81@hotmail.com +1(720) 297-4020

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,687 sqft

Price per Sqft $444

Subdivision Lincoln Park

MLS Listing ID 3829232

Style Victorian

Bedrooms 3

HOA Y/N No

Year Built 1885

Lot Size 3,750 Sqft

Acres 0.09

Property Sub-Type Duplex

Property Description

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.

Location

State CO

County Denver

Zoning U-TU-B

Direction West

Rooms

Basement Unfinished

Interior

Heating Baseboard, Electric

Cooling Air Conditioning-Room

Flooring Tile, Vinyl, Wood

Appliance Dishwasher, Microwave, Oven, Refrigerator

Laundry In Unit

Exterior

Exterior Feature Balcony, Fire Pit, Private Yard

Garage Spaces 2.0

Fence Full

Utilities Available Electricity Connected

Waterfront Description Public

View City

Roof Type Composition

Porch Covered, Front Porch, Patio, Rooftop

Private Pool No

Building

Lot Description Corner Lot, Level

Faces West

Story Two

Sewer Public Sewer

Water Public

Architectural Style Victorian

Schools

School District Elementary: Denver 1, Middle/Junior: Denver 1, High: Denver 1

Others

Senior Community No

Tax ID 504402012

Special Listing Condition None Known

Listed byRocky Mountain Real Estate Inc

NEARBY SCHOOL & BUSINESS

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Jerid Wempen

Broker

+1(720) 297-4020