2418 W 38th Avenue, Denver, CO, 80211
About This Home
***Back on the Market at no fault of the Seller***Opportunity awaits in one of Denver’s most dynamic and evolving neighborhoods. Built in 1924 and situated on a generously sized lot, this property offers exceptional potential for investors, builders, and developers looking to capitalize on the area’s ongoing transformation. Located in Potter Highlands, the home sits near one of Denver’s historic districts—an area once known for its colorful past and now recognized for its vibrant growth, character, and increasing demand. Surrounded by new construction, remodels, and redevelopment projects, the neighborhood continues to attract buyers seeking walkability, local culture, and long-term value. The existing structure is being sold primarily for "As Is" or potential to renovate. This property is zoned U-TU-B perfect for a duplex or ADU offering even greater flexibility for a builder or investor. The sizable lot provides a rare opportunity to build new, expand, or reimagine the property to fit today’s market. Enjoy easy access to a wide array of restaurants, coffee shops, boutiques, and neighborhood amenities, all within walking distance. Whether you envision a custom build, a modern duplex development, or a strategic investment, this property delivers the location, lot size, and upside that are increasingly rare in central Denver.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1924
Materials
- Roof: Composition
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bathroom
- Features: Primary Suite
- Level: Main
Bathroom
- Level: Main
Bedroom
- Features: Primary Suite
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Dining Room
- Level: Main
Family Room
- Level: Main
Features
- Finished area below ground: 104
- Finished area above ground: 718
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,436
- Total interior livable area: 1,436 sqft
Kitchen
- Level: Main
Property
Details
- Parcel number: 229101003
- Zoning: U-TU-B
- Special condition: Standard
- Exclusions: Sellers Personal Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
Lot
- Lot size: 6,250 sqft
- Features: Level
Parking
- Total spaces: 2
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
- Cold Wave
- Lightning
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,781 | $33,372 |
| Home Insurance * | $220 | $2,640 |
| Property Taxes | $215 | $2,580 |
| Electricity | $186 | $2,232 |
| Total | $3,402 | $40,824 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-18 | Listed for sale | $550,000 |
| 2026-06-09 | Pending sale | $550,000 |
| 2026-06-04 | Listed for sale | $550,000 |
| 2024-11-02 | Listing removed | $700,000 |
| 2024-08-06 | Listed for sale | $700,000 |
| 2024-07-17 | Listing removed | $700,000 |
| 2024-03-25 | Listed for sale | $700,000 |
| 1995-10-24 | Sold | $57,000 |
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