Selected for the Terner Labs Housing Venture Lab

1508 Tamarac Street, Denver, CO 80220

Active
Listed 100 days ago
Owner-Occupant Eligible
$590,000

About $2,299 a month to live here, after the rent from the other home.

Duplex2,090 sqft4 beds3 bathsListed Aug 4, 2026

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

Live here for about

$2,299a month

The other home rents for $1,250. We hold back $244 of that for repairs and an empty month, and the rest goes toward a $3,305 monthly payment.

Income to qualify: about $81,000 a year

With how much down?

At 20% down ($118,000) 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 $81,000 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.

$20,650 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

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.

Duplex

Property Type

5,520 sqft

Lot Size

1932

Year Built

Listing Date: 08/04/2026

Listed by: Kristen Miller

Listing office: A Perfect Location Realty

Contact: 303-503-9823

Source: REcolorado #9969430

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%
$590,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$590,000
Your Down Payment$118,000
Financed$472,000
Estimated Monthly Payment$3,305

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 ($118,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$3,305/month
Principal + Interest
$2,710
Property Taxes
$205
Home Insurance
$390
Rental Income (1 Unit)
$1,250/month

From the listing description.

Rental Expenses
-$244
Cost to live here
$2,299/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# 9969430 · Listing office: A Perfect Location Realty

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