1508 Tamarac Street
Denver, CO, 80220 $ 590,000
Bedrooms4 Baths3.0 Sq 2,128 Monthly Estimate*
$ 3,725
Listed by A Perfect Location Realty
for $590,000 with 4 bedrooms and 3 full baths. This 2,128 square foot home was built in 1932 on a lot size of 0.13.
Rare opportunity to own a versatile property featuring two separate homes on one lot with desirable E-MS-3 (Urban Edge-Main Street, 3-Story) zoning. This unique property offers exceptional flexibility for residential living, rental income, or potential business/commercial use, subject to buyer verification with the municipality. The main home offers approximately 1728 finished square feet with 3 bedrooms, 2 full bathrooms, a finished basement, and a finished attic/loft that adds valuable living space nor included in sq ft. The loft is currently accessed by a hidden staircase and offers the potential for a spiral staircase to enhance functionality and style. Fresh interior paint and new carpet make the home move-in ready, while additional updates provide an opportunity to personalize and build equity. The generous square footage is a rare find for this area. The detached Accessory Dwelling Unit (ADU)/carriage house is approximately 400 square feet and includes 1 bedroom, 1 bathroom, an efficiency kitchen, and a comfortable living/dining area. The ADU has separate gas and electric meters, private parking, and its own fenced outdoor space, allowing both residences to enjoy privacy and independence. Currently income-producing, it offers excellent potential for rental income, multi-generational living, guest accommodations, or a private home office. Located on a high-visibility corridor, the E-MS-3 zoning provides a variety of potential uses, including residential, office, retail, or mixed-use opportunities, depending on buyer needs and municipal approval. Whether you're looking for a spacious home with rental income, a live/work opportunity, or a property with long-term potential, this one stands out from the rest. Properties with two homes, separate utilities, private outdoor spaces, and flexible zoning are rarely available. Schedule your private showing today and explore the possibilities this exceptional property has to offer.
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FeaturesInteriorInterior Amenities Laminate Counters Walk-In Closet(s)
Basement Finished Partial
Flooring Carpet Laminate
Basement (Y/N) Y
Above Grade Finished Area 1360
Laundry Features In Unit None
Total Bedrooms 4
Below Grade Finished Area 730
Total Baths 3
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GeneralSewer Public Sewer
Heating Baseboard Forced Air
Cooling Air Conditioning-Room
Utilities Electricity Connected Natural Gas Connected Phone Available
Possession See Remarks Subject To Tenant Rights
Roof Shingle
Appliances Disposal Microwave Oven Range Refrigerator Washer
Zoning E-MS-3
Garage Spaces 0
Patio/Porch Features Covered Front Porch
Construction Materials Frame Stucco Wood Siding
Exclusions Tenants' personal property
Pets Allowed Yes
Year Built 1932
Tenant Pays Cable TV Electricity Gas
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Live/Work
Ownership Individual
County Denver
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Welchs Colfax Ave
Facing Direction West
Status Active
High School George Washington
City Denver
Senior Community Y/N N
High School District Denver 1
Lot Size Units Square Feet
Lot Size Square Feet 5520
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School Ashley
Tax Annual Amount 2461
Middle/Junior High School Hill
Ok to Lease Long Term
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Denver 1
Elementary School District Denver 1
Leasehold Rent $/Mo 1100
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ExteriorExterior Amenities Private Yard
Fencing Partial
Lot Features Level
Water Source Public
Total Parking 4
Lot Size Area 5520
Foundation Details Concrete Perimeter
Building Area Total 2128
Lot Size Acres 0.13
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByA Perfect Location RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,725
- Monthly Property Taxes
- $205
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Denver, CO
Average List Price $944,715
Percent of Sale Price 60%
About Denver, CO 24,748 Population
9% Since 2002
$ 36,940 Median Income
38.83 Median Age
13% Households with Children
Trends Information provided by ATTOM Data Solutions.
3043150 Elementary School
3830827 Middle School
George Washington High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/5/2026 | $590,000 | | Listed Price |