#5804753, Brandon Gossett, Listing Office: Denver Fine Properties LLC

1516 Lafayette St Denver, CO 80218
Property details
About 1516 Lafayette St
Calling all Investors, Developers, and Homebuyers. Zoned G-RO-3, this home has something for everyone! Looking to offset your mortgage? Add an ADU. Nearby short and mid-term rentals are earning $20-45k/year! Average long-term rent is $3,200 for the existing structure with approximate cap rate of 4.3% and for an ADU it's 14%. Great rental potential if you are looking to hold and then develop. The 6,250 sqft lot is well suited for a duplex or multi-unit with room for a garage/ADU.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Range, Range Hood, Refrigerator
- Basement: Yes
- Flooring Type: Laminate
- Interior: Ceiling Fan(s), High Ceilings, Laminate Counters, Open Floorplan, Pantry, Primary Suite, Smart Thermostat
- Total Bedroom Count: 3
- Attached Garage: No
- Heating: Forced Air
- Cooling: Central Air
- List Price: $715,000
- Price/SqFt: $391
- Lot: Level
- Year Built: 1885
- Living Area: 1,825 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 9729220
- MLS Name: RECOLORADO
- Office Name: Porchlight Real Estate Group
- Office Phone: (720) 878-2589
- Office Email: Nwieder@porchlightgroup.com
- Listing Agent: Nikki Wiederaenders
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Greenwood Village, CO 80111 USA
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$715,000
1516 Lafayette St
$8,491
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Dora Moore ECE-8 School
Public District PK-5
0.7 mi
•846 N Corona St
10
Polaris Elementary School
Public District 1-5
0.9 mi
•410 Park Ave W
6
Downtown Denver Expeditionary School
Public Charter KG-5
0.9 mi
•1860 N Lincoln St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,745. Most Denver, CO residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 1516 Lafayette St
The listing price of 1516 Lafayette St property is $715,000.
The property 1516 Lafayette St is a house located in Denver, Colorado, 80218.
Active Listing: 1516 Lafayette St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1516 Lafayette St are: Dora Moore ECE-8 School (GreatSchools Rating 4/10), Polaris Elementary School (GreatSchools Rating 10/10), Downtown Denver Expeditionary School (GreatSchools Rating 6/10), Morey Middle School (GreatSchools Rating 8/10), McAuliffe Manual Middle School (GreatSchools Rating 3/10), DSST: Cole Middle School (GreatSchools Rating 5/10), Denver Center for 21st-Century Learning at Wyman (GreatSchools Rating 2/10), Denver School of Innovation and Sustainable Design (GreatSchools Rating 6/10), East High School (GreatSchools Rating 7/10).
The property at 1516 Lafayette St has 3 bedrooms and 1 full and 1 half bathrooms.
The property 1516 Lafayette St is 1,825 SqFt (source: MLS/tax record).
The year of construction for 1516 Lafayette St is 1885.
This home is located at 1516 Lafayette St in Denver, CO and zip code 80218 in the Northeast Denver neighborhood. This 1,825 square foot home, which was built in 1885, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 1, 2024 and is currently priced at $715,000.
In April 2025 more than 279 listings in Denver, CO were sold above the asking price. During the same period more than 250 listings were sold at asking price, while more than 394 were sold below. The number of homes for sale in Denver, CO increased by 17.9% between March and April 2025. Listings spent 34 days on the market in April 2025, and had a median list price of $582,384 during the same period.