4585/4587 E Yale Ave Denver, CO 80222
Property details
About 4585/4587 E Yale Ave
House Hack Opportunity! Multi-unit investor special! Centrally located blocks from Yale Street Station and the University of Denver DU, this updated duplex is a great investment! Perfect for Student housing and roommates or professor. Each side has 3 beds, 1 bath, and 1,026 square feet, and what makes this property even more versatile is a basement bonus room with outside access (owner unit only)to utilize as a home office, storage space, workout space. The primary "owner-unit" unit has been updated (photos shown). The "tenant-unit" is in rental condition w/ long-term renter on a mo-to-mo lease. This duplex has it all, boasting 6 beds, 2 baths, and a total of 2,257 square feet. W/D hookups in both units. Enjoy city living with the convenience of a single-car garage offering ample storage space. "Owner Unit" has a 1 car garage and "tenant unit" has a carport. Don't miss the opportunity to make this exceptional investment yours today! Owner has a second exact duplex unit available if you are interested in completing your rental portfolio with a 4-plex. Ask listing agent for more details. ********************************** The multi-unit rental property strategy: With rent prices soaring, now would be a great time to become a real estate investor — if it weren’t for all the upfront cash needed to buy an investment property. BUT WAIT......there's a way around this hurdle: You could buy a multifamily property, move into one of the units, and earn passive income by collecting rent on the other units. By living in one of the units, you’d be meeting the owner-occupancy rule for your mortgage. That means getting a lower mortgage rate compared to a loan for commercial properties. This strategy won’t finance an entire apartment complex or a mixed-use development. It will, however, work for a 2-, 3-, or 4-unit property.
Highlights
Summary
- Basement: Yes
- Flooring Type: Carpet, Linoleum, Wood
- Garage Space: 1 space
- Attached Garage: No
- Architectural Style: Traditional
- Heating: Forced Air, Hot Water
- Cooling: None
- List Price: $785,000
- Price/SqFt: $382
- Lot: Level
- Year Built: 1958
- Living Area: 2,052 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 6562880
- MLS Name: RECOLORADO
- Office Name: Madison & Company Properties
- Office Phone: (303) 771-3850
- Listing Agent: Angela Fox
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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$785,000
4585/4587 E Yale Ave
$9,322
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Price information
Property sales
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Tax history
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Nearby schools
3
Joe Shoemaker School
Public District PK-5
0.5 mi
•3333 S Havana St
5
Polton Elementary School
Public District KG-5
1.0 mi
•2985 S Oakland St
3
Eastridge Community Elementary School
Public District KG-5
1.1 mi
•11777 E Wesley Ave
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 $68,925. Typical income of Denver, CO residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Men's Tennis- Tennis
Live Theatre
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
BMW
Mercedes
What do the neighbors listen to?
News
Jazz
Alternative
Frequently asked questions
About 4585/4587 E Yale Ave
The listing price of 4585/4587 E Yale Ave property is $785,000.
The property 4585/4587 E Yale Ave is a multi located in Denver, Colorado, 80222.
Active Listing: 4585/4587 E Yale Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4585/4587 E Yale Ave are: Joe Shoemaker School (GreatSchools Rating 3/10), Polton Elementary School (GreatSchools Rating 5/10), Eastridge Community Elementary School (GreatSchools Rating 3/10), Hamilton Middle School (GreatSchools Rating 3/10), Prairie Middle School (GreatSchools Rating 2/10), Challenge School (GreatSchools Rating 9/10), Overland High School (GreatSchools Rating 5/10), Cherry Creek High School (GreatSchools Rating 8/10), Colorado Early Colleges Aurora (GreatSchools Rating 3/10).
The property 4585/4587 E Yale Ave is 2,052 SqFt (source: MLS/tax record).
The year of construction for 4585/4587 E Yale Ave is 1958.
This home is located at 4585/4587 E Yale Ave in Denver, CO and zip code 80231 in the Hampden neighborhood. This 2,052 square foot home, which was built in 1958, sits on a 0.15 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $785,000.
In May 2025, from all listings sold in Denver, CO there were more than 249 sold above asking price, over 433 sold below and more than 249 were sold right at the asked price. In May 2025 in Denver, CO there were 17.1% more homes for sale than in April. In May 2025 median list price was $580,961 and the average listing age was 35 days.