4585/4587 E Yale Avenue Denver, CO ^$ 775,000

4585/4587 E Yale Avenue

^$ 775,000

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4585/4587 E Yale Avenue

Denver, CO, 80222

^$ 775,000

Bedrooms6 Baths2.0 Sq 2,257

Monthly Estimate*

^$ 4,835

Listed by Madison & Company Properties

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Multi-Family Home for sale in Denver, CO

for $775,000 with 6 bedrooms and 2 full baths. This 2,257 square foot home was built in 1958 on a lot size of 0.15.

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.

Multi-Family Active

Price

^$ 775,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,688

Style

Traditional

Lot Size

0.15

Year Built

1958

Town/City

Denver

County/Region

Denver

MLS | Web ID

6562880

Features

General

Sewer Public Sewer

Heating Forced Air Hot Water

Cooling None

Utilities Electricity Available

Possession Rental Agreement

Roof Composition

Zoning S-MU-5

Garage Spaces 1

Patio/Porch Features Deck

Architectural Style Traditional

Construction Materials Brick

Exclusions Tenants' property

Year Built 1958

Tenant Pays Cable TV Electricity Gas Internet Trash Collection

Levels One

Property Subtype Duplex

Tax Year 2024

Ownership Corporation/Trust

Gross Income 4000

County Denver

Operating Expense 65

Property Type Residential Income

HOA N

Attached Garage N

Subdivision Name Hutchinsons University Place

Status Active

High School Thomas Jefferson

City Denver

Entry Location Ground

Senior Community Y/N N

High School District Denver 1

Lot Size Units Square Feet

Lot Size Square Feet 6600

Carport Spaces 1

Listing Terms 1031 Exchange Cash Conventional

Elementary School University Park

Tax Annual Amount 3688

Middle/Junior High School Merrill

Structure Type Duplex

Standard Status Active

Occupancy Type Tenant

Middle/Junior School District Denver 1

Elementary School District Denver 1

Interior

Basement Partial Unfinished

Flooring Carpet Linoleum Wood

Common Walls 1 Common Wall

Basement (Y/N) Y

Above Grade Finished Area 2052

Laundry Features In Unit

Total Bedrooms 6

Below Grade Finished Area 0

Total Baths 2

Exterior

Lot Features Level

Total Parking 2

Lot Size Area 6600

Building Area Total 2257

Lot Size Acres 0.15

Internal Only

Street Number 1 4585

* Excluded Features

List By

Madison & Company Properties

Broker

(303) 246-6629

Phone

Affordability Calculator

$5,142

Per Month

Monthly Principal & Interest: $4,835
Monthly Property Taxes: $307
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Denver, CO

Average List Price ^$1,075,314

Percent of Sale Price 39%

About Denver, CO

24,748 Population

9% Since 2002

^$36,940 Median Income

38.83 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

733081 Elementary School

732607 Middle School

Thomas Jefferson High School High School

Pricing History

Date	Price	Price Change	Description
6/17/2025	$775,000	-1.27%	Price Down
5/29/2025	$785,000		Listed Price

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4585/4587 E Yale Avenue, Denver, CO, 80222 is a Multi-Family Home for sale at $775,000 with 2,257 sqft and a lot size of 0.15. 4585/4587 E Yale Avenue has 6 bedrooms, 2.0 baths, and was built in 1958. The property's zip code is 80222 which is in Denver, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/15/2025.

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4585/4587 E Yale Avenue

Multi-Family Home for sale in Denver, CO

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