3238 N Madison St
Denver, CO 80205
- 3 beds
- 2 baths
- 1,420 sqft
- 7,280 sqft lot
- $421 per sqft
- 1945 build
- – on site
Don't miss this rare opportunity to own a property with significant income potential. Welcome to 3238-3240 Madison Street, a charming mid-century styled brick duplex in the heart of Denver. This listing offers an exceptional investment opportunity for first-time buyers and seasoned investors alike. The upstairs 2-bedroom, 1-bathroom unit is move-in ready, boasting recent renovations including newer double-pane windows, fresh paint, modern lighting, an updated bathroom, newer appliances, and a thoughtfully designed layout. The garden-level 1-bedroom, 1-bathroom unit is currently leased for $1,500 per month until February 2025 and has its own private entrance. Both units share a convenient laundry/utility room in the basement, complete with washer and dryer, and offer additional storage space. Recent property improvements include a recoated roof (2024), a brand-new water heater, and a new central air conditioning system. Step outside into your spacious backyard on this nearly 8,000 square foot lot, where the possibilities are endless. Expand your living space, build a garage or ADU(s), or create your own private oasis with gardening and entertaining areas. The large shed provides ample storage for tools and toys, and the fenced yard offers a secure haven for pets. With alley access, you can park up to 6 vehicles, including large RVs and boats. Located in the historic Clayton neighborhood, this property is close to highways, coffee shops, parks, restaurants, and the City Park Golf Course. Don't miss this rare opportunity to own a property with immense potential at a price below $600,000. Utilize this income property to offset your mortgage payment or potentially live rent-free. Financing incentives are available. Contact listing agent Bobby Reginelli for more details. Open House: Saturday, November 16th, 11:00 AM - 12:00 PM. Professional photos coming soon. Schedule your showing today!
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Last updated Nov 15, 2024
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MLS# 5167112 —
The Building
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Year Built:1945
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New Construction:false
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Construction Materials:Brick/Brick Veneer
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Architectural Style:Contemporary/Modern
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Direction Faces:West
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Window Features:Double Pane Windows
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Stories:2
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Levels:Bi-Level
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Roof:Tar/Gravel
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Accessibility Features:Level Lot
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Basement:Partially Finished
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Green Energy Efficient:HVAC
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Building Area Total:1420
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Total SqFt:1500
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Above Grade Finished Area:1420
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Below Grade Finished Area:80
Room Dimensions
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Living Area:1420
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Living Area Units:Square Feet
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Living Area Source:Assessor
Location
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Coordinates:-104.946007, 39.762802
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Latitude:39.762802
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Longitude:-104.946007
The Property
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Property Type:Residential
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Property Subtype:Residential-Detached
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Lot Features:Gutters
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Lot Size Acres:0.17
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Lot Size SqFt:7280
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Lot Size Area:7280
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Lot Size Units:Square Feet
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Zoning:U-TU-C
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Exclusions:Staging and tenant personal property. Owners property in shed.
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Horse:false
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Fencing:Fenced
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Other Structures:Outbuildings
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Water Source:City Water
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Waterfront:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:3834
Beds
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Bedrooms Total:3
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Bedroom 2 Level:Upper
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Bedroom 3 Level:Lower
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Master Bedroom Level:Upper
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.zillow.com/view-imx/4f32e2cd-d539-45ac-9c05-663fe41b7dba?setAttribution=mls&wl=true&initialViewType=pano
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electricity Available
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Electric:Electric
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Sewer:City Sewer
Appliances
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Appliances:Refrigerator
Schools
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Elementary School:Columbine
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Middle Or Junior School:Whittier E-8
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High School:East
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High School District:Denver 1
The Community
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Subdivision Name:Clayton
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Senior Community:false
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Spa:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Type:Off Street
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Garage Spaces:6
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Covered Spaces:6
Monthly cost estimate
Asking price
$599,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,207
|
| Taxes | $319 |
| Insurance | $164 |
| Utilities | $159 See report |
| Total | $3,849/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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11/15/24
Nov 15, 2024
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Listed / Active | IRES | $599,000 |
