Fantastic Residential Or Investment Opportunity In A Prime Denver Location!
2 Beds
2 Baths
2,136 Sqft
2,178 Sqft lot
MLS#8731050
About the Property
Few properties in Denver offer this kind of flexibility at this price point. Situated in a prime, walkable location in the heart of the city, this classic duplex at 421 E. Alameda Avenue is equally well-suited as a primary residence, a long-term investment, or a continuation of its current life as a successful short-term rental.
Each unit has its own private entrance and a functional, cha
Few properties in Denver offer this kind of flexibility at this price point. Situated in a prime, walkable location in the heart of the city, this classic duplex at 421 E. Alameda Avenue is equally well-suited as a primary residence, a long-term investment, or a continuation of its current life as a successful short-term rental.
Each unit has its own private entrance and a functional, character-rich layout that reflects the timeless architectural charm the neighborhood is known for. Live in one side and rent the other to offset your mortgage, lease both units for steady income, or step straight into turnkey ownership with the option to purchase the property fully furnished and income-ready from day one.
At 2,136 square feet across both units, the home lives comfortably without feeling oversized, and its 80209 zip code puts residents within easy reach of Washington Park, South Broadway, Cherry Creek, and some of Denver’s most-loved restaurants, coffee shops, and neighborhood retail. This is a location that rents itself.
Whether you are a first-time buyer looking to house-hack in one of Denver’s most desirable corridors or an investor adding a proven short-term rental to your portfolio, 421 E. Alameda delivers the kind of versatility that is genuinely hard to find at $750,000 in this market.
…
Property type
Apartment
Year built
1909
Price/sqft
$339
Features
Fireplace
Investment Property
Duplex
Washer Dryer
Laundry Room
Office
Explore the Area
421 E Alameda Avenue , Denver, CO 80209, Colorado, United States
View on Google Maps
Cherry Creek North is widely known as Metropolitan Denver’s hub of upscale shopping and fine dining, situated in on
Cherry Creek North is widely known as Metropolitan Denver’s hub of upscale shopping and fine dining, situated in one of the most prestigious zip codes in Denver. Five-star restaurants, full-service spas, and designer boutiques line the sidewalks of this bustling outdoor retail district. In addition to the outdoor shopping options, the Cherry Creek Shopping Center is an indoor, luxury shopping haven. A yearly event not to be missed is the award-winning Cherry Creek Arts Festival, held each July. This event alone has contributed a large positive economic impact to the local Denver economy. The event includes an art exhibit, live performances, festival-related merchandise, and food and beverage stations. Another highlight in the Cherry Creek area is the summer farmers’ markets, where local vendors sell a wide variety of goods. And for those looking to soak up the beautiful Colorado weather, the nearby Cherry Creek Trail is the perfect place to enjoy a paved hiking and biking trail.
Residents of the surrounding neighborhoods enjoy a quality of life that is difficult to match, particularly within the city limits. Cherry Creek North truly has something for everyone with a mixture of artfully restored Victorian homes, bungalows and condominiums, plus opportunities to dwell in innovative, modern residences. LIV Sotheby’s International Realty is Colorado’s leading luxury real estate firm. Contact one of our broker professionals today to learn more about Cherry Creek real estate opportunities.
Specializations (i.e. resort properties, urban properties, golf properties, etc.): Living the life you love. Historic Properties, New Construction, Relocation, Resort Properties, Vacation Properties, Waterfront Properties, Land & Acreage, Golf Properties Rental Properties