Selected for the Terner Labs Housing Venture Lab

1476 111th Place, Denver, CO 80233

Active
Listed 90 days ago
Owner-Occupant Eligible
$425,000

About $1,277 a month to live here, after the rent from the other home.

House + ADU1,950 sqft4 beds2 bathsListed Aug 14, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$1,277a month

The second home on the lot rents for $1,750. We hold back $341 of that for repairs and an empty month, and the rest goes toward a $2,686 monthly payment.

Income to qualify: about $59,000 a year

With how much down?

At 20% down ($85,000) 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 $55,000 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.

$12,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Discover the versatility and income potential of this Northglenn property featuring two separate living units (upstairs previously rented for $2000, and basement for $1750), RV parking, and a large covered back patio. Whether you're looking for an investment property, a multi-generational living arrangement, or an opportunity to offset your mortgage with rental income, this property offers plenty of possibilities. Each unit provides its own living space, creating flexibility and privacy for occupants. The home also features RV parking and a large covered back patio, providing an ideal outdoor space for relaxing, entertaining, and enjoying Colorado's beautiful weather. Conveniently located near shopping, dining, parks, schools, major roadways, and other Northglenn amenities. With two units, RV parking, and a spacious covered outdoor area, this property offers an excellent combination of flexibility, functionality, and income potential. Don't miss the opportunity to make this unique property your own!... all this for under 500K!

House + ADU

Property Type

6,970 sqft

Lot Size

1961

Year Built

Listing Date: 08/14/2026

Listed by: Jameson Cappelli

Listing office: Keller Williams Realty Downtown LLC

Contact: 720-355-2226

Source: REcolorado #9314192

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%
$425,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$425,000
Your Down Payment$85,000
Financed$340,000
Estimated Monthly Payment$2,686

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 ($85,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,686/month
Principal + Interest
$2,038
Property Taxes
$314
Home Insurance
$334
Rental Income (1 Unit)
$1,750/month

From the listing description.

Rental Expenses
-$341
Cost to live here
$1,277/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# 9314192 · Listing office: Keller Williams Realty Downtown LLC

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