Selected for the Terner Labs Housing Venture Lab

2285 Williams Street, Denver, CO 80210

Active
Listed 49 days ago
Owner-Occupant Eligible
$525,000

About $2,183 a month to live here, after the rent from the other home.

House + ADU1,780 sqft3 beds2 bathsListed Sep 24, 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

$2,183a month

The second home on the lot rents for $1,200. We hold back $234 of that for repairs and an empty month, and the rest goes toward a $3,149 monthly payment.

Income to qualify: about $77,000 a year

With how much down?

At 20% down ($105,000) 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 $69,000 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.

$15,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Attention investors and energetic owner occupants. SELLER IS WILLING TO OFFER OWNER CARRY TERMS WITH 25% DOWN. This house provides an excellent opportunity to continue its history as a rental or to live in a house while gaining sweat equity and fixing it up. It has been owned by the same family for 30+ years and is well maintained and livable as is with a great opportunity to high return updates. It has the original oak floors and hand built original cabinets in the kitchen. There are 2 Bedrooms and a bath on the main level. Recent updates include new vinyl windows, new wood siding and a new roof. The rest will be up to you as this house is being sold in "as is" condition. There is a 1 BR basement apartment with a kitchen with a dishwasher, a 3/4 bath and egress windows. There is a shared laundry room and rear entrance. The basement has been consistently rented for $1200/mo for many years but with a little TLC, it could likely bring more. The rental income would pay approximately $195,000 of the mortgage at today's rate making the payments about the same as buying a $330,000 house, without the apartment, elsewhere. For those willing to rent on AirBNB or Furnish Finders the income could be even greater. This location just 1 block from DU would surely be in demand for short term rental. It also could be used by an owner to live in while updating the main level, multi-gen situations and more. A one car garage and extra parking sits on the alley. This location is also walkable to Harvard Gulch Rec Center, parks, shops and restaurants in the area. This home sits on a 6250 lot that provides plenty of room for expansion or it could be used as a building site. Bring your energy and creativity today and solve your own affordability crisis.

House + ADU

Property Type

6,250 sqft

Lot Size

1949

Year Built

Listing Date: 09/24/2026

Listed by: Shelley Bridge

Listing office: RE/MAX of Cherry Creek

Contact: 303-331-4562

Source: REcolorado #2785155

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%
$525,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$525,000
Your Down Payment$105,000
Financed$420,000
Estimated Monthly Payment$3,149

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 ($105,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$3,149/month
Principal + Interest
$2,518
Property Taxes
$299
Home Insurance
$332
Rental Income (1 Unit)
$1,200/month

From the listing description.

Rental Expenses
-$234
Cost to live here
$2,183/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# 2785155 · Listing office: RE/MAX of Cherry Creek

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