2429 S Cherokee St Denver CO 80223

Active

2429 S Cherokee St Denver CO 80223


Courtesy of: Garvin Laverick | Coldwell Banker Global Luxury Denver
$475,000 Denver, CO 80223
  • 0.14 Acres
  • Denver County

Key Features

  • Property Type: Land
  • Status: Active
  • MLS® ID: 8080050
  • Lot/Acreage: 0.14
  • County: Denver
  • Neighborhood: Overland

Interior Details

Exterior Details

  • Garage: 3
  • Zoning: U-TU-C
  • Sewer: City Sewer, Public Sewer

Description

This well-maintained property presents a rare combination of long-term development potential as well as immediate livability. Situated in a highly sought-after neighborhood experiencing rapid growth and redevelopment, the lot is ZONED FOR DUPLEX (U-TU-C) construction, making it an excellent opportunity for builders or investors looking to capitalize on the area's current trend of multi-unit development. For first-time home owners, this is an ideal starter home. It's move-in ready with major updates already taken care of: New roof in 2023, new sewer line 2019, new furnace 2019 and updated all flooring & paint in 2024. Live in this home for a few years and see the neighborhood continue to transform. Whether you're looking to move in and live in the home, rent it out and hold as a long term investment, or begin the permitting process for a duplex build, this property offers flexibility for multiple strategies. Previously rented for $1649/month, it provides solid holding income while you plan your next steps.

Location

  • Address: 2429 S Cherokee St Denver CO 80223
  • City: Denver
  • State: CO
  • Zip: 80223

From Broadway head west on W. Wesley Ave then South onto Cherokee St. Home is on the West side of street.

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