2543 River Dr Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80211
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,472 sqft
Price per Sqft $492
Subdivision Jefferson Park
MLS Listing ID 7505687
Bedrooms 2
HOA Y/N false
Abv Grd Liv Area 1,472
Year Built 1896
Annual Tax Amount $3,290
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Income Property
Source REcolorado
Property Description
Welcome to this charming Victorian duplex at 2543-2545 River Drive-one of the best blocks in Jefferson Park. Originally built in 1896 as a single-family home, it's now a thoughtfully converted up/down duplex with strong rental income and endless flexibility for investors or house hackers. Brings in $55,500 gross income annually, cap rate is 6%.
Each unit is a mirror image: one bedroom, one bathroom, with bright and open layouts (761 & 711 sq ft). Both feature their own front porch and share a cozy backyard, making them equally inviting for long-term tenants, Airbnb/short-term rentals, or a live-and-rent setup.
The upstairs unit showcases original character with hardwood floors, high ceilings, and a large picture window that fills the space with natural light. There's also an unfinished attic with electrical, rough plumbing for a bathroom, and partial framing already in place-ideal for adding value and creating future expansion
Both kitchens are updated with solid surface counters, stainless steel appliances, modern cabinetry, and bar seating. Bedrooms are comfortably sized with generous closets and attached full baths for convenience. The lower unit is above grade with ample windows, laminate flooring, and a large closet.
Additional perks include dedicated laundry for each unit, plenty of storage, separate front and back entrances, split electric/gas meters, and central AC upstairs.
And the location? Unbeatable. Just one block to Jefferson Park and Briar Common, with an easy walk to Mile High Stadium, the aquarium, LoHi, Union Station, and quick highway access.
Recent updates: full exterior painting 2025, new water heater in lower level, new windows lower level + replaced main picture window in upper unit.
This is a rare opportunity to own a piece of Denver history with excellent income potential in a neighborhood that continues to grow, keep an eye out for the area redevelopments along the i-25 corridor of the River Mile and Stadium District
Location
State CO
County Denver
Area Metro Denver
Zoning U-TU-B
Direction google maps.
Interior
Interior Features Open Floorplan,Walk-In Closet(s)
Heating Forced Air
Cooling Central Air,Wall/Window Unit(s),Ceiling Fan(s)
Fireplaces Type None
Fireplace false
Appliance Dishwasher,Refrigerator,Washer,Dryer,Microwave,Disposal
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Fence Partial
Utilities Available Electricity Available,Cable Available
View City
Roof Type Composition
Street Surface Dirt
Handicap Access Level Lot
Porch Patio,Deck
Building
Lot Description Gutters,Level
Faces South
Story 2
Foundation Slab
Sewer City Sewer,Public Sewer
Water City Water
Level or Stories Two
Structure Type Brick/Brick Veneer,Concrete
New Construction false
Schools
Elementary Schools Brown
Middle Schools Lake
High Schools North
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
Virtual Tour https://www.homes.com/customer/dashboard/listings/?t=3&s=15&tab=1&dk=kkhckf7vhfbtf