Selected for the Terner Labs Housing Venture Lab

2685 Water Avenue, Denver, CO 80219

Active
Listed yesterday
Owner-Occupant Eligible
$449,900

About $1,092 a month to live here, after the rent from the other home.

House + ADU1,780 sqft5 beds2 bathsListed Nov 11, 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

$1,092a month

The second home on the lot rents for $1,995. We hold back $389 of that for repairs and an empty month, and the rest goes toward a $2,698 monthly payment.

Income to qualify: about $57,000 a year

With how much down?

At 20% down ($89,980) 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 $59,000 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.

$13,497 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Versatile Denver Gem: Beautifully Updated with Rare Dual-Living Potential! Discover modern comfort and unparalleled flexibility in this move-in-ready, 5-bedroom, 2-bathroom residence. Whether you are a savvy investor seeking immediate income potential or a family looking for the perfect multi-generational living arrangement, this home delivers the space and features you’ve been searching for. The main floor offers a bright, inviting atmosphere, featuring three spacious, updated bedrooms and a full, beautiful bathroom—perfectly configured for comfortable daily living. The true showstopper is the fully finished, walk-out basement. Designed for independence and convenience, this level features two private exterior entrances, two bedrooms, an open modern 3/4 bathroom, and a city-approved second kitchen! Situated on an expansive 10,300 sq. ft. lot, the property provides ample room for outdoor entertaining, gardening, or relaxation. Located in an established, desirable area, you are just minutes away from local amenities, parks, and major transit routes. Properties with this level of utility and "plug-and-play" versatility are rare to find. Don't miss your chance to own a home that works as hard as you do. Schedule your private tour today! ***Pictures were taken prior to installation of the interior staircase build out.

House + ADU

Property Type

10,300 sqft

Lot Size

1951

Year Built

Listing Date: 11/11/2026

Listed by: Mike Jones

Listing office: DVX Properties LLC

Contact: 720-260-2343

Source: REcolorado #7716981

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%
$449,900

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$449,900
Your Down Payment$89,980
Financed$359,920
Estimated Monthly Payment$2,698

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 ($89,980) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,698/month
Principal + Interest
$2,158
Property Taxes
$208
Home Insurance
$332
Rental Income (1 Unit)
$1,995/month

From nearby rental comps.

Rental Expenses
-$389
Cost to live here
$1,092/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# 7716981 · Listing office: DVX Properties LLC

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Uncharted Homes LLC are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

REcolorado IDX disclaimer and copyright notices