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5101 E 8th Ave, Denver, CO, 80220

3beds
2baths
3,110sqft
$825,000
$265price/sqft
$5,094/moest. monthly cost
$203,760/yrincome needed

About This Home

Fully updated, turnkey side-by-side full duplex for sale in the desirable Hale neighborhood! Looking for a ready-to-go investment property without the work, with long-term growth potential, and tenants in place? Or want a duplex where you can live in one side, and rent out the other? Looking for a multi-generational living solution? This duplex offers endless solutions for the savvy buyer. Recently upgraded kitchen, bathrooms, and exterior; in-unit laundry for each unit. Recent mechanical updates include new hot water heaters, furnaces, PEX plumbing, sewer line, and siding; save yourself money and time with capital improvements, this one is ready to go. Each unit boasts sizable square footage, with 3 bedrooms and 2 bathrooms plus a bonus nook that can act as a home office, workout space, library, or storage. South-facing exposure and lots of windows contribute to warm natural light, and the basement level offers garden-level windows for even greater livability throughout the entire property. Each unit has it's own off-street parking, laundry facilities, and private backyard. This duplex has stable rental history, and potential for greater income over time given the current owner's updates and upkeep as well as the desirability of the neighborhood. Perfect for the investor who is looking for a solid, long-term investment, or live-in buyer looking for the best value for their money. Schedule your showing today!

Getting Around

65
WalkingSomewhat Walkable
39
TransitSome Transit
73
BikeVery Bikeable

Schools

7/10
Palmer Elementary SchoolGrades PK-50.2 mi
5/10

Construction

Condition

  • Year built: 1942

Materials

  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Range,Dishwasher,Refrigerator,Washer,Dryer,Microwave

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,110
  • Total interior livable area: 3,110 sqft

Property

Details

  • Parcel number: 606412003
  • Zoning: E-MU-2.5
  • Special condition: Private Owner

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Fencing: Fenced

Lot

  • Lot size: 6,070 sqft

Parking

  • Total spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Lightning

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,171$50,052
Home Insurance *$366$4,392
Property Taxes $323$3,876
Electricity $234$2,817
Total$5,094$61,128
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$174,651/yr
40% on housing$152,820/yr
45% on housing$135,840/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.7%
12.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 80220$265
Denver County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 80220$391
Denver County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-14Listed for sale$825,000
2024-11-25Listing removed$2,300
2024-11-21Listed for rent$2,300
2024-11-13Listing removed$2,300
2024-11-10Price change$2,300
2024-10-16Listed for rent$2,400
2021-01-21Listing removed--
2021-01-15Listed for rent$2,150
2019-02-09Listing removed$1,995
2019-02-07Listed for rent$1,995

For Sale by Agent

AgentEmily Fletcher
BrokerageYour Castle Real Estate LLC

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