Listed By:
A Perfect Location Realty;
Address
1508 Tamarac Street, Denver, CO
Price
$ 590,000
Property Attributes
  • MLS#9969430
  • TypeMulti-Family
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • NeighborhoodWelchs Colfax Ave
  • Zip80220
  • StyleDuplex
  • Year Built1932
  • Taxes$ 2461
  • Price$ 590,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2128
  • Lot Size0.13 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Rare opportunity to own a versatile property featuring two separate homes on one lot with desirable E-MS-3 (Urban Edge-Main Street, 3-Story) zoning. This unique property offers exceptional flexibility for residential living, rental income, or potential business/commercial use, subject to buyer verification with the municipality. The main home offers approximately 1728 finished square feet with 3 bedrooms, 2 full bathrooms, a finished basement, and a finished attic/loft that adds valuable living space nor included in sq ft. The loft is currently accessed by a hidden staircase and offers the potential for a spiral staircase to enhance functionality and style. Fresh interior paint and new carpet make the home move-in ready, while additional updates provide an opportunity to personalize and build equity. The generous square footage is a rare find for this area. The detached Accessory Dwelling Unit (ADU)/carriage house is approximately 400 square feet and includes 1 bedroom, 1 bathroom, an efficiency kitchen, and a comfortable living/dining area. The ADU has separate gas and electric meters, private parking, and its own fenced outdoor space, allowing both residences to enjoy privacy and independence. Currently income-producing, it offers excellent potential for rental income, multi-generational living, guest accommodations, or a private home office. Located on a high-visibility corridor, the E-MS-3 zoning provides a variety of potential uses, including residential, office, retail, or mixed-use opportunities, depending on buyer needs and municipal approval. Whether you're looking for a spacious home with rental income, a live/work opportunity, or a property with long-term potential, this one stands out from the rest. Properties with two homes, separate utilities, private outdoor spaces, and flexible zoning are rarely available. Schedule your private showing today and explore the possibilities this exceptional property has to offer.

Elementary School Middle School High School
Ashley Elementary School Hill Middle School George Washington High School
Price History
8/5/2026 Listed $590,000

General Features

Sewer Public Sewer
Heating Baseboard,Forced Air
Cooling Air Conditioning-Room
Utilities Electricity Connected,Natural Gas Connected,Phone Available
Possession See Remarks,Subject To Tenant Rights
Roof Shingle
Appliances Disposal,Microwave,Oven,Range,Refrigerator,Washer
Zoning E-MS-3
Patio/Porch Features Covered,Front Porch
Construction Materials Frame,Stucco,Wood Siding
Exclusions Tenants' personal property
Pets Allowed Yes
Year Built 1932
Tenant Pays Cable TV,Electricity,Gas
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Live/Work
Ownership Individual
OwnerPays Taxes,Trash Collection
County Denver
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Welchs Colfax Ave
Facing Direction West
Status Active
High School George Washington
City Denver
Senior Community Y/N No
High School District Denver 1
Lot Size Units Square Feet
Lot Size Square Feet 5520
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Ashley
Tax Annual Amount 2461
Middle/Junior High School Hill
Ok to Lease Long Term
Virtual Tour https://www.homes.com/property/1508-tamarac-st-denver-co/t7gyr144jjtsd/?dk=x7bnbqqv3ccqt
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Denver 1
Elementary School District Denver 1
Leasehold Rent $/Mo 1100

Interior Features

Interior Amenities Laminate Counters,Walk-In Closet(s)
Basement Finished,Partial
Flooring Carpet,Laminate
Basement (Y/N) Yes
Above Grade Finished Area 1360
Laundry Features In Unit,None
Total Bedrooms 4
Below Grade Finished Area 730
Total Baths 3

Exterior Features

Exterior Amenities Private Yard
Fencing Partial
Lot Features Level
Water Source Public
Total Parking 4
Lot Size Area 5520
Foundation Details Concrete Perimeter
Building Area Total 2128
Lot Size Acres 0.13
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 80220

Price
AVG $830K
$590K
Taxes
AVG $3,190
$2,461
Year Built
AVG 1956
1932
Visits
AVG 38
38
Data Provided by Inside Real Estate®