#5679404, Dan D Gerlock, Listing Office: Coldwell Banker Realty 18

347 Bannock St Denver, CO 80223
Property details
About 347 Bannock St
Historic charm, strong rental income, and a prime location—this 1907 Victorian triplex in the heart of Denver’s highly sought-after Baker neighborhood checks all the boxes. Situated just blocks from Dailey Park and steps to the vibrant shops, dining, and cultural spots along Broadway, this property offers a rare blend of classic architecture and income-generating versatility. With approximately 2,745 sq ft above grade and a total of 3,188 sq ft (per appraisal), this well-maintained property features three separate units and a detached 3-car garage. Unit 1 (2BR/2BA) is rich in character, boasting original hardwood floors, exposed brick, cherry wood cabinetry, vaulted ceilings, two fireplaces, and a hidden spiral staircase behind a bookshelf that leads to a non-conforming bedroom with secret storage. It also includes private basement access and in-unit laundry. Unit 2 (2BR/1BA) offers a remodeled bathroom, one conforming and one non-conforming bedroom, and access to a private Trex deck—perfect for outdoor living. Unit 3 (1BR/1BA) is a charming rear unit with its own heating and hot water system, currently rented month-to-month with a long-term tenant. Additional features include a sprinkler system, a 73-gallon water heater, updated sewer line to the street, and a shared laundry area near the garage for Units 2 and 3. Monthly rental income is currently $5,700, producing an estimated cap rate of ~7.2%—a fantastic opportunity for investors, owner-occupants, or house hackers looking to live in one unit while renting the others. Located within Denver’s Landmark Historic District, this property offers a timeless lifestyle in one of the city’s most walkable neighborhoods, rich in architectural heritage and community spirit. Don’t miss your chance to own a truly unique asset with both financial upside and urban appeal.
Highlights
Summary
- MLS Number: 9175785
- MLS Name: RECOLORADO
- Office Name: HeReigns Real Estate
- Office Phone: (303) 906-6135
- Listing Agent: Vanessa Guzman
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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$949,900
347 Bannock St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 15, 2009 | Home Sold | $250,000 |
Oct 13, 2008 | Home Sold | $420,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $73,850 | $5,722 |
2022 | $63,530 | $4,984 |
2021 | $66,800 | $4,984 |
2020 | $54,530 | $4,045 |
2019 | $54,530 | $3,288 |
2018 | $42,510 | $3,278 |
2017 | $42,510 | $3,254 |
History based on county public records data.
Nearby schools
2
DCIS Fairmont
Public District EE-5
0.2 mi
•520 W 3rd Ave
3
Center for Talent Development at Greenlee
Public District EE-5
1.0 mi
•1150 Lipan St
4
Dora Moore ECE-8 School
Public District PK-5
1.1 mi
•846 N Corona 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 $74,769. Typical income of Denver, CO residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 347 Bannock St
This home is located at 347 Bannock St in Denver, CO and zip code 80223 in the Southwest Denver neighborhood. This 2,745 square foot home, which was built in 1907, sits on a 0.16 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $949,900.
Over 214 listings were sold over their listed price in March 2025 in Denver, CO. In the same period over 415 listings were sold below the listed price and 201 listings were sold for the listed price. Between February and March 2025, Denver, CO real estate market has seen increase in the number of listings by 25.7%. In March 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $584,293.