Selected for the Terner Labs Housing Venture Lab

1597 Reed Street, Denver, CO 80214

Active
Listed 93 days ago
Owner-Occupant Eligible
$899,000

About $1,934 a month to live here, after the rent from the other homes.

Quadplex2,555 sqft7 beds4 bathsListed Aug 11, 2026

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

Live here for about

$1,934a month

The other homes rent for $4,670. We hold back $911 of that for repairs and an empty month, and the rest goes toward a $5,693 monthly payment.

Income to qualify: about $117,000 a year

With how much down?

At 20% down ($179,800) and 6.0%, 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.

$44,950 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

**EXCELLENT INVESTMENT OPPORTUNITY!** Don’t miss the chance to add this well-maintained 4-plex to your real estate portfolio and generate additional rental income. This property is in great condition and features four units ready to be rented. The property offers **three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit**, providing an attractive unit mix for prospective tenants. Each unit also includes **two spacious parking spaces**, adding convenience and value for residents. Conveniently located with easy access to **Colfax Avenue**, restaurants, shopping, Edgewater Lake, Wadsworth RTD light rail station and a variety of nearby amenities and entertainment. Whether you’re looking to expand your investment portfolio or acquire your first multi-family property, this 4-plex offers excellent income potential in a convenient location. **Don’t miss this opportunity—schedule your showing today!**

Quadplex

Property Type

1963

Year Built

Listing Date: 08/11/2026

Listed by: Briseida Hernandez

Listing office: Megastar Realty

Contact: 720-285-7757

Source: REcolorado #4951836

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%
$899,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$899,000
Your Down Payment$179,800
Financed$719,200
Estimated Monthly Payment$5,693

Before rent: principal and interest at 6.0% 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 ($179,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,693/month
Principal + Interest
$4,312
Property Taxes
$922
Home Insurance
$459
Rental Income (3 Units)
$4,670/month

From the listing description.

Rental Expenses
-$911
Cost to live here
$1,934/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# 4951836 · Listing office: Megastar Realty

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