1518 S Sherman St, Denver, CO 80210

• 5 beds |
• 3 baths |
• 2,734 sqft

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-a-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.

Listing Status:

Active

Listing Office:

Compass - Denver : kevin.shelledy@compass.com,720-357-2650

Listing Agent:

Kevin Shelledy : 720-357-2650

MLS ID:

9886633

Interior

• Appliances: DishwasherRefrigeratorWasherDryerMicrowaveFire Alarm
• Basement: Unfinished
• A/C: Central Air
• Heating: Forced Air
• Disability Feature: Level Lot

Exterior

• Style: Cottage
• Other Structures: Patio
• Parking: Parking spaces: 3

Construction

• Roofing: Fiberglass
• General: BrickTwo

Location

• Originating MLS: ires
• School District: Denver District 1
• County: Denver

Lot

• Zoning: U-SU-B1

Utilities

• Utilities: Natural Gas AvailableElectricity AvailableCable Available
• Water: City
• Sewer: Public Sewer

Financial

• Source: ires
• Exclusions: All staging items and/or sellers personal property.

This listing courtesy of Kevin Shelledy, Compass - Denver