Selected for the Terner Labs Housing Venture Lab

1024 Lipan Street, Denver, CO 80204

Active
Listed 62 days ago
Owner-Occupant Eligible
$650,000

About $2,281 a month to live here, after the rent from the other home.

Duplex1,687 sqft3 beds2 bathsListed Sep 14, 2026

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

Live here for about

$2,281a month

The other home rents for $1,596. We hold back $311 of that for repairs and an empty month, and the rest goes toward a $3,566 monthly payment.

Income to qualify: about $85,000 a year

With how much down?

At 20% down ($130,000) 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 $90,000 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.

$22,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Exceptional opportunity to own a rare up/down duplex in Denver’s highly desirable Lincoln Park neighborhood. Whether you're looking for a house hack, multigenerational property, or long-term investment, this property offers multiple income & ownership strategies. The property includes two self-contained 2-bedroom, 1-bath units , detached oversized 2-car garage. 3,750 sq.ft. lot zoned U-TU-B offering potential for future redevelopment as a new duplex, subject to zoning & city requirements. Historic character includes etched glass above the front door, high ceilings & original charm, complemented by modern updates. The sun-filled living room features wood floors & opens to a dining area & updated kitchen w/new cabinetry & granite countertops. 2 bedrooms share a beautifully renovated custom-tile full bath, in-unit laundry. 1 bedroom provides private access to the fenced backyard. Estimated rental potential is $2,750–$3,000/month. The upper-level unit offers 2 bedrooms, 2nd custom-tile full bath, in-unit laundry, a spacious eat-in kitchen that opens to the living room. A private balcony provides neighborhood views & a glimpse of the sun setting behind the foothills. The unit is currently leased at $1596/month. The detached oversized 2-car garage adds another valuable income opportunity and is currently leased to a tenant. Keep it as an income-producing asset, reserve it for personal use, or offer it to future tenants. Outdoor space includes a large covered front porch and a private fenced backyard with firepit—perfect for entertaining or relaxing. Electric baseboard heat serves both units. Walkable Lincoln Park location near Auraria Campus, downtown Denver, and the Santa Fe Arts District. Enjoy easy access to restaurants, entertainment, transit, and the many amenities of central Denver. Buyers to independently verify financing eligibility, rental income, zoning, redevelopment potential, and all property information.

Duplex

Property Type

3,750 sqft

Lot Size

1885

Year Built

Listing Date: 09/14/2026

Listed by: Carrie Hill

Listing office: Rocky Mountain Real Estate Inc

Contact: 303-579-9449

Source: REcolorado #3829232

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%
$650,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$650,000
Your Down Payment$130,000
Financed$520,000
Estimated Monthly Payment$3,566

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 ($130,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$3,566/month
Principal + Interest
$2,985
Property Taxes
$266
Home Insurance
$315
Rental Income (1 Unit)
$1,596/month

From the listing description.

Rental Expenses
-$311
Cost to live here
$2,281/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# 3829232 · Listing office: Rocky Mountain Real Estate Inc

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