1545 N Sheridan Boulevard, Denver, CO, 80214
About This Home
This modest house could be a great first time buyer investment. It sits on a large lot, conveniently located at the convergence of Lakewood, Edgewater, and Denver. The W Colfax and Sheridan corridor has seen sustained residential investment over the past decade steadily narrowing the gap between what this land is and what it can become. The zoning M-G-U at 1545 Sheridan and R-MF at 1555 Sheridan carry no maximum or minimum unit density, leaving you free to determine the right course of action for its future. From adding an ADU to building two new homes with ADUs to maximizing density is all up to you. Both parcels are occupied on month-to-month leases. 1545 Sheridan, as a 1-bed/1-bath residence at $1,600/mo, and 1555 Sheridan as a vacant lot lease at $500/mo- generating $2,100 combined if the added income benefits your vision. Sloan's Lake Park and Bus Stop are just steps away, the Sheridan Station (W Line) is less than half a mile with direct service to Union Station and the Denver Federal Center. The Edgewater Marketplace-Target, King Soopers, Alamo Drafthouse-is within one mile. Walk Score:86.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1939
Materials
- Foundation: Concrete Perimeter,Slab
- Roof: Composition
- Construction materials: Brick,Concrete,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range
Basement
- Has basement: Yes
- Basement: Daylight,Full
Bathroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Features
- Built-in Features
- Finished area below ground: 0
- Finished area above ground: 650
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
Property
Details
- Parcel number: 058606
- Zoning: M-G-U & R-MF, Lakewood
- Special condition: Standard
- Exclusions: Tenant's Personal Property
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Patio & porch: Front Porch
- Exterior features: Private Yard
Lot
- Lot size: 0.30 Acres
- Features: Level
Parking
- Total spaces: 2
- Parking features: Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered 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
- 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 | $3,028 | $36,336 |
| Home Insurance * | $234 | $2,808 |
| Property Taxes | $264 | $3,168 |
| Electricity | $186 | $2,232 |
| Total | $3,712 | $44,544 |
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 |
|---|---|---|
| 2026-06-26 | Listed for sale | $599,000 |
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