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1247 S Bannock Street, Denver, CO, 80223

2beds
1baths
1,493sqft
$400,000
$268price/sqft
$2,556/moest. monthly cost
$102,240/yrincome needed

About This Home

Positioned in a rapidly transforming corridor just minutes from the new professional women’s soccer stadium, 1247 S. Bannock St presents a compelling infill development opportunity with zoning in process to allow mixed-use up to 5 stories (buyer to verify). Situated on a 6,250 SF lot, this property offers strong potential for developers, investors, or owner-users seeking a live/work scenario with future upside in a high-growth area near the Santa Fe Arts District and Broadway corridor. The existing structure provides flexible short-term use or income while plans progress, making it ideal for those looking to secure a foothold ahead of anticipated zoning changes and continued neighborhood momentum. With increasing demand for higher-density housing and mixed-use product in central Denver, this site offers attractive fundamentals including proximity to transit, dining, and employment hubs. Additional upside available with the neighboring property at 1237 S. Bannock also offered for sale, creating a rare opportunity for assemblage and expanded development potential.

Getting Around

67
WalkingSomewhat Walkable
57
TransitGood Transit
74
BikeVery Bikeable

Schools

6/10
Grant Middle SchoolGrades 6-80.8 mi
7/10
South High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1909

Materials

  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Range,Refrigerator,Washer
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Partial

Bathroom

  • Level: Main
  • Area: 42
  • Dimensions: 7 x 6

Bedroom

  • Level: Main
  • Area: 143
  • Dimensions: 13 x 11

Bedroom

  • Level: Main
  • Area: 99
  • Dimensions: 9 x 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 144
  • Dimensions: 12 x 12

Features

  • Ceiling Fan(s),Laminate Counters,Open Floorplan,Walk-In Closet(s)
  • Flooring: Carpet,Laminate,Wood
  • Finished area below ground: 0
  • Finished area above ground: 941

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,493
  • Total interior livable area: 1,493 sqft

Kitchen

  • Level: Main
  • Area: 144
  • Dimensions: 12 x 12

Laundry

  • Level: Basement

Living Room

  • Level: Main
  • Area: 144
  • Dimensions: 12 x 12

Sun Room

  • Level: Main
  • Area: 230
  • Dimensions: 10 x 23

Property

Details

  • Parcel number: 522306008
  • Zoning: I-A
  • Special condition: Standard
  • Exclusions: Seller's Personal Property

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Private Yard
  • Fencing: Full

Lot

  • Lot size: 6,098 sqft
  • Features: Level,Near Public Transit

Parking

  • Total spaces: 12

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
    HailVery High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Tornado

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 $2,022$24,264
Home Insurance *$192$2,304
Property Taxes $156$1,872
Electricity $186$2,232
Total$2,556$30,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,634/yr
40% on housing$76,680/yr
45% on housing$68,160/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

$268This listing

vs Other Active Listings

Avg $/sqft

ZIP 80223$196
Denver County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 80223$336
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
2026-04-30Listed for sale$425,000
2026-04-29Listing removed$1,800
2026-04-01Listed for rent$1,800

For Sale by Agent

AgentKennen Cohen
BrokerageYour Castle Real Estate Inc

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