Selected for the Terner Labs Housing Venture Lab

2450 Mississippi Avenue, Denver, CO 80223

Active
Listed 2 days ago
Owner-Occupant Eligible
$474,999

About $1,320 a month to live here, after the rent from the other home.

House + ADU2,266 sqft5 beds2 bathsListed Nov 13, 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

$1,320a month

The second home on the lot rents for $2,000. We hold back $390 of that for repairs and an empty month, and the rest goes toward a $2,930 monthly payment.

Income to qualify: about $64,000 a year

With how much down?

At 20% down ($95,000) 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 $62,000 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.

$14,250 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Flexible living with 5 bedrooms and 2 full baths! This well-cared-for home has 3 bedrooms and a full bath on the main level, plus a basement with 2 more bedrooms, a second full bath, a full kitchen, and its own separate entrance. New carpet runs through the basement bedrooms and stairs. Keep the interior door open for one spacious single-family home, or close it for multigenerational living, a roommate setup, or house-hacking, where rent from the lower level can help offset your mortgage. Live upstairs and rent the basement now, then open it back up as your needs change. The big-ticket items are already done: sewer line replaced in 2018, furnace and A/C in 2018, roof in 2020, and radon mitigation in place. That's peace of mind from day one, so your budget can go toward making it your own instead of costly repairs. Out back, the fully fenced yard is ready for pets, play, or summer evenings. The 2-car detached garage has room for vehicles, storage, or a workshop, and there's off-street parking too, which is a real plus with two households or guests. Laundry is in the basement. Garfield Lake Park, with its lake, trails, playground, and outdoor pool, is about a mile away, and Federal Blvd is just a few blocks east for easy bus access and a quick drive downtown. Creative financing may be available, with the potential to secure a 3.125% interest rate. Reach out to the listing agent now to learn how. Opportunities this versatile don't come along often, so schedule your showing today!

House + ADU

Property Type

8,580 sqft

Lot Size

1950

Year Built

Listing Date: 11/13/2026

Listed by: Chad Rocke

Listing office: eXp Realty, LLC

Contact: 719-350-6436

Source: REcolorado #9178013

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%
$474,999

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$474,999
Your Down Payment$95,000
Financed$379,999
Estimated Monthly Payment$2,930

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 ($95,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,930/month
Principal + Interest
$2,278
Property Taxes
$229
Home Insurance
$423
Rental Income (1 Unit)
$2,000/month

From nearby rental comps.

Rental Expenses
-$390
Cost to live here
$1,320/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# 9178013 · Listing office: eXp Realty, LLC

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