Presented By: Madison & Company Properties; Angela@AngelaFoxSellsDenver.com,303-246-6629
MLS# 6562880
05/28/2025
Request Tour
Request Info
Beds • 3
Baths • 1
SQFT • 2,257
Garage • 1
Home Details
House Hack Opportunity! Multi-unit investor special! Centrally located blocks from Yale Street Station and the University of
Denver DU, this updated duplex is a great investment! Perfect for Student housing and roommates or professor. Each side
has 3 beds, 1 bath, and 1,026 square feet, and what makes this property even more versatile is a basement bonus room
with outside access (owner unit only)to utilize as a home office, storage space, workout space. The primary "owner-unit"
unit has been updated (photos shown). The "tenant-unit" is in rental condition w/ long-term renter on a mo-to-mo lease.
This duplex has it all, boasting 6 beds, 2 baths, and a total of 2,257 square feet. W/D hookups in both units. Enjoy city
living with the convenience of a single-car garage offering ample storage space. "Owner Unit" has a 1 car garage and
"tenant unit" has a carport. Don't miss the opportunity to make this exceptional investment yours today! Owner has a
second exact duplex unit available if you are interested in completing your rental portfolio with a 4-plex. Ask listing agent
for more details. ********************************** The multi-unit rental property strategy: With rent prices
soaring, now would be a great time to become a real estate investor - if it weren't for all the upfront cash needed to buy
an investment property. BUT WAIT......there's a way around this hurdle: You could buy a multifamily property, move into
one of the units, and earn passive income by collecting rent on the other units. By living in one of the units, you'd be
meeting the owner-occupancy rule for your mortgage. That means getting a lower mortgage rate compared to a loan for
commercial properties. This strategy won't finance an entire apartment complex or a mixed-use development. It will,
however, work for a 2-, 3-, or 4-unit property.
Presented By: Madison & Company Properties; Angela@AngelaFoxSellsDenver.com,303-246-6629
Interior Features for 4585 E Yale Ave
Bedrooms
Total Bedrooms3
Bathrooms
Total Baths1
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area2052
Air Conditioning Y/NNo
BasementPartial, Unfinished
Below Grade Finished Area205
Fireplace Y/NNo
Heating Y/NYes
General for 4585 E Yale Ave
AccessibilityLevel Lot
Architectural StyleRanch
Attached Garage No
CityDenver
Construction MaterialsBrick/Brick Veneer
CountyDenver
ElectricElectric, Master Meter-Electric
Elementary SchoolUniversity Park
ExclusionsTenants' property
Garage Spaces1
Garage Y/NYes
Gas Y/NMaster Meter-Gas
Gross Income4000
HOANo
HeatingForced Air, Hot Water
High SchoolThomas Jefferson
High School DistrictDenver 1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet6600
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolMerrill
Net Operating Income47220
New ConstructionNo
Number Of Units Total2
Operating Expense65
Patio/Porch FeaturesDeck
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Structure TypeDuplex
Subdivision NameHutchinsons University Place
Tax Annual Amount3688
Tax Year2024
Tenant PaysGas, Electricity, Trash Collection
UtilitiesElectricity Available
Year Built1958
ZoningS-MU-5
Exterior for 4585 E Yale Ave
Building Area Total2257
Covered Spaces1
Horse Y/NNo
Lot FeaturesLevel
Lot Size Acres0.15
Lot Size Area6600
Other ParkingParking Per Unit(1 Space/Unit)
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Schools
High SchoolThomas Jefferson High School
Middle SchoolMerrill Middle School
Elementary SchoolUniversity Park Elementary School
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Thank you for registering.
Are you currently working with one of these agents?
Ask A Question
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Get Pre-Approved Now!
Give yourself a better position in the competitive home buying market.
Complete the form to get started on your journey to purchase your dream home.
Our lending partner has a wide variety of lending options available and advanced mortgage technology.
As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.