$475,000
Denver, CO 80223
Key Features
- Property Type: Land
- Status: Active
- MLS® ID: 8080050
- Lot/Acreage: 0.14
- County: Denver
- Neighborhood: Overland
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.
©2025 Information and Real Estate Services, LLC (IRES) - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Information and Real Estate Services, LLC (IRES)
Listing # Courtesy of Garvin Laverick of Coldwell Banker Global Luxury Denver. Last Updated: June 17, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.