Selected for the Terner Labs Housing Venture Lab

1570 Simms Street, Denver, CO 80215

Active
Listed 90 days ago
Owner-Occupant Eligible
$599,999

About $1,415 a month to live here, after the rent from the other home.

Duplex2,392 sqft4 beds4 bathsListed Aug 14, 2026

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

Live here for about

$1,415a month

The other home rents for $2,544. We hold back $496 of that for repairs and an empty month, and the rest goes toward a $3,463 monthly payment.

Income to qualify: about $74,000 a year

With how much down?

At 20% down ($120,000) 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 $83,000 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.

$21,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Prime House Hack or Investment Opportunity in Lakewood! Don’t miss this versatile multi-unit property perfect for owner-occupants or savvy investors. Each unit features 2 bedrooms and 2 bathrooms, offering spacious and functional layouts that appeal to today’s renters. Enjoy the convenience of off-street parking and the added value of all appliances included, making this a truly turn-key opportunity. Live in one unit and offset your mortgage with rental income, or rent both for solid cash flow in a desirable Lakewood location close to shopping, dining, and commuter routes. A rare chance to build equity and income at the same time!

Duplex

Property Type

9,409 sqft

Lot Size

1953

Year Built

Listing Date: 08/14/2026

Listed by: Theron Johnson

Listing office: Thrive Real Estate Group

Contact: 720-706-2444

Source: REcolorado #8621013

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%
$599,999

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$599,999
Your Down Payment$120,000
Financed$479,999
Estimated Monthly Payment$3,463

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 ($120,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,463/month
Principal + Interest
$2,756
Property Taxes
$260
Home Insurance
$447
Rental Income (1 Unit)
$2,544/month

From the listing description.

Rental Expenses
-$496
Cost to live here
$1,415/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.

REcolorado logo

MLS# 8621013 · Listing office: Thrive Real Estate Group

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