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2245 S High Street, Denver, CO, 80210

5beds
4baths
2,907sqft
$835,000
$287price/sqft
$5,042/moest. monthly cost
$201,680/yrincome needed

About This Home

Investor-ready opportunity in a prime location directly across from DU campus. Currently rented at $5,000/ month with no vacancy for over 10 years. Current lease in place until Aug 31, 2026. Lease for following year increasing to $5500. This spacious townhouse offers a highly functional layout designed to maximize rental income and tenant appeal, with a strong history of consistent occupancy and proven performance as an income-producing property. Tenants are currently in place, and the buyer will assume the existing lease agreement, providing immediate cash flow. The main level features a welcoming entry foyer, comfortable living room, and open-concept kitchen and dining area ideal for everyday living and entertaining. A main-floor bedroom and spacious half bath add flexibility for tenants and guests. Upstairs, two generously sized primary bedrooms each include full en-suite bathrooms, while a separate laundry room with washer and dryer included adds convenience. The finished basement expands the living space with a sizable family room, two large secondary bedrooms, and a 3/4 bathroom, offering excellent versatility and a strong bedroom count for premium rental potential. Exterior highlights include a classic red brick facade with charming covered front porch, a private backyard featuring patio space, and an oversized detached two-car garage with additional storage space. With its unbeatable proximity to the university, solid rental history, turnkey investment profile and a cap rate above 6% this property presents a rare opportunity for investors seeking immediate income and long-term appreciation.

Getting Around

81
WalkingVery Walkable
36
TransitSome Transit
87
BikeVery Bikeable

Schools

8/10
Asbury Elementary SchoolGrades K-50.4 mi
6/10
Grant Middle SchoolGrades 6-81.0 mi
7/10
South High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 2004

Materials

  • Roof: Composition
  • Construction materials: Brick,Frame,Wood Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Self Cleaning Oven,Warming Drawer,Washer
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Bath/Stubbed,Finished,Full,Interior Entry

Bathroom

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

Bathroom

  • Features: Primary Suite
  • Level: Upper
  • Area: 99
  • Dimensions: 9 x 11

Bathroom

  • Features: Primary Suite
  • Level: Upper
  • Area: 98
  • Dimensions: 7 x 14

Bathroom

  • Level: Basement
  • Area: 48
  • Dimensions: 6 x 8

Bedroom

  • Level: Main
  • Area: 165
  • Dimensions: 11 x 15

Bedroom

  • Features: Primary Suite
  • Level: Upper
  • Area: 190
  • Dimensions: 10 x 19

Bedroom

  • Features: Primary Suite
  • Level: Upper
  • Area: 168
  • Dimensions: 12 x 14

Bedroom

  • Level: Basement
  • Area: 228
  • Dimensions: 12 x 19

Bedroom

  • Level: Basement
  • Area: 195
  • Dimensions: 13 x 15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 120
  • Dimensions: 8 x 15

Family Room

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

Features

  • Built-in Features,Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer,Five Piece Bath,Granite Counters,Kitchen Island,Open Floorplan,Primary Suite,Smoke Free,Walk-In Closet(s)
  • Window features: Window Coverings
  • Flooring: Carpet,Tile,Wood
  • Finished area below ground: 898
  • Finished area above ground: 2,009
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 2,907
  • Total interior livable area: 2,907 sqft

Kitchen

  • Level: Main
  • Area: 154
  • Dimensions: 11 x 14

Laundry

  • Level: Upper
  • Area: 49
  • Dimensions: 7 x 7

Living Room

  • Level: Main
  • Area: 220
  • Dimensions: 11 x 20

Property

Details

  • Parcel number: 526231025
  • Attached to another structure: Yes
  • Zoning: U-RH-3A
  • Special condition: Standard
  • Exclusions: Tenants' Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Front Porch,Patio
  • Exterior features: Lighting,Private Yard,Rain Gutters
  • Fencing: Partial

Lot

  • Lot size: 2,433 sqft
  • Features: Near Public Transit

Parking

  • Total spaces: 2
  • Parking features: Exterior Access Door,Lighted,Oversized,Storage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2