#1743249, Toni Thompson, Listing office: Coldwell Banker Realty 18

2429 S Cherokee St Denver, CO 80223
Property details
About 2429 S Cherokee St
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.
Highlights
Summary
- Attached Garage: No
- List Price: $450,000
- Annual Tax Amount: $2,476
- Tax Year: 2023
- Lot: Level
- Directions: From Broadway head west on W. Wesley Ave then South onto Cherokee St. Home is on the West side of street.
- Lot Size: 0.14 Acres
- MLS Number: 8080050
- MLS Name: RECOLORADO
- Office Name: Coldwell Banker Global Luxury Denver
- Office Phone: (303) 758-7611
- Listing Agent: Garvin Laverick
Listings courtesy of REColorado as distributed by MLS GRID.
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 25, 2007 | Home Sold | $77,000 |
Apr 08, 1999 | Home Sold | $78,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $31,960 | $2,476 |
2022 | $28,290 | $2,171 |
2021 | $29,100 | $2,171 |
2020 | $20,170 | $1,496 |
2019 | $20,170 | $901 |
2018 | $11,650 | $898 |
2017 | $11,650 | $631 |
History based on county public records data.
Nearby schools
7
Bishop Elementary School
Public District KG-6
0.9 mi
•3100 S Elati St
7
Asbury Elementary School
Public District KG-5
1.2 mi
•1320 E Asbury Ave
4
Schmitt Elementary School
Public District PK-5
1.4 mi
•1820 S Vallejo 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 $43,660. The majority of Denver, CO residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 2429 S Cherokee St
The listing price of 2429 S Cherokee St property is $450,000.
The property 2429 S Cherokee St is land located in Denver, Colorado, 80223.
Active Listing: 2429 S Cherokee St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2429 S Cherokee St are: Bishop Elementary School (GreatSchools Rating 7/10), Asbury Elementary School (GreatSchools Rating 7/10), Schmitt Elementary School (GreatSchools Rating 4/10), Grant Beacon Middle School (GreatSchools Rating 5/10), Strive Prep - Federal (GreatSchools Rating 5/10), Englewood Leadership Academy (GreatSchools Rating 8/10), Englewood High School (GreatSchools Rating 4/10), Abraham Lincoln High School (GreatSchools Rating 2/10), South High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $2,476 (source: MLS/based on county public records data).
The last sale was on June 25, 2007 for $77,000 (source: MLS/tax record).
The property 2429 S Cherokee St is 0.14 acres.
This home is located at 2429 S Cherokee St in Denver, CO and zip code 80223 in the Breenlow neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $450,000.
Denver, CO housing market in June 2025 saw over 214 listings sold above listed price, more than 212 sold at listed price and over 453 sold below. The inventory of homes for sale in Denver, CO between May and June 2025 increased by 8.7%. In June 2025 median list price was $582,970 and the average listing age was 40 days.