Selected for the Terner Labs Housing Venture Lab

1319-1321 Elati Street, Denver, CO 80204

Active
Listed 157 days ago
Owner-Occupant Eligible
$849,000

About $3,266 a month to live here, after the rent from the other home.

Duplex2,204 sqft5 beds3 bathsListed Jun 8, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$3,266a month

The other home rents for $1,740. We hold back $339 of that for repairs and an empty month, and the rest goes toward a $4,667 monthly payment.

Income to qualify: about $115,000 a year

With how much down?

At 20% down ($169,800) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $117,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$29,715 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Positioned in the heart of Denver's Golden Triangle/Civic Center neighborhoods and just minutes from the Auraria Campus, this renovated duplex presents a rare investment opportunity in one of Denver's most desirable urban locations. The upper residence offers 3 bedrooms and 1 bath, while the lower residence features 2 bedrooms and 1.5 baths. The main-level unit is vacant and available immediately, and the upper-level unit will be available July 1, providing the opportunity to establish market rents, occupy one unit while leasing the other, or maximize income potential. Thoughtfully updated in 2018, the property blends modern convenience with historic character, featuring stunning original woodwork, decorative fireplaces, hardwood floors, separate entrances, individual HVAC systems, and in-unit laundry. A substantial unfinished basement provides exceptional storage, while four dedicated off-street parking spaces offer a highly sought-after amenity rarely found in this central Denver location. Enjoy exceptional accessibility with a Walk Score of 94, Transit Score of 78, and Bike Score of 97. Ideally located near CU Denver, MSU Denver, Community College of Denver, downtown employment centers, museums, restaurants, and public transit, this turnkey property offers exceptional flexibility and long-term investment value. Historical gross income was approximately $58,200 annually, and with both units becoming available for occupancy, investors have the opportunity to establish market rents and further enhance income potential.

Duplex

Property Type

3,125 sqft

Lot Size

1940

Year Built

Listing Date: 06/08/2026

Listed by: Kim Tighe

Listing office: Milehimodern

Contact: 720-840-9791

Source: REcolorado #7688007

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$849,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$849,000
Your Down Payment$169,800
Financed$679,200
Estimated Monthly Payment$4,667

Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($169,800) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$4,667/month
Principal + Interest
$3,899
Property Taxes
$356
Home Insurance
$412
Rental Income (1 Unit)
$1,740/month

From the listing description.

Rental Expenses
-$339
Cost to live here
$3,266/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

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MLS# 7688007 · Listing office: Milehimodern

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