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Aimee J Welch

awelch@livsir.com +1(970) 420-4640

$ 697,000

Est. payment | -/mo

2 Beds

2 Baths

1,472 SqFt

Save

$ 697,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1,472 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,472 sqft

Subdivision Jefferson Park

MLS Listing ID IRE7905047

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1896

Annual Tax Amount $3,290

Tax Year 2024

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Duplex

Source ires

Property Description

Property is now fully rented bringing in a total of $4275/month, making this a 5.9% cap rate! Welcome to 2543-2545 River Drive, a beautifully preserved Victorian on one of the best blocks in Jeff Park. Built in 1896 and thoughtfully converted into an up/down duplex-an ideal setup for building equity while enjoying life in one of Denver's most sought-after neighborhoods. Down the line, continue steady long-term rental income or explore Airbnb potential for added flexibility and cash flow. Each unit features 1 bed & 1 bath with bright, open layouts that feel spacious and welcoming. Both offer their own front porch and share a cozy backyard-perfect for morning coffee or summer evenings with friends. The upper level showcases hardwood floors, high ceilings, and a large picture window that fills the space with natural light. An unfinished attic (with electrical, rough plumbing, and partial framing in place) offers room to expand and add value over time. Both units are tastefully updated with solid-surface counters, stainless steel appliances, and modern cabinetry. Each includes in-unit laundry, ample storage, separate entrances, and split electric/gas meters for easy management. Updates since 2022: full exterior repaint, new water heater and windows in lower unit, and replaced picture window upstairs. The location can't be beat-just one block to Jefferson Park and Briar Common, a short walk to Mile High Stadium, LoHi, and Union Station, with easy highway access. This home is more than a smart investment-it's your chance to stop renting, start building wealth, living in a neighborhood that keeps getting better with the River Mile and Stadium District redevelopments on the horizon. Don't miss this rare opportunity to own a piece of Denver history while making your mortgage work for you

Location

State CO

County Denver

Community Jefferson Park

Area Metro Denver

Zoning U-TU-B

Interior

Interior Features Eat-in Kitchen, Walk-In Closet(s)

Heating Forced Air

Cooling Central Air, Wall/Window Unit(s), Ceiling Fan(s)

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm

Exterior

Garage Spaces 1.0

Fence Partial

View Y/N Yes

View City

Roof Type Fiberglass

Porch Patio, Deck

Garage Yes

Building

Lot Description Level, House Faces South, Paved, Gutters

Sewer Public Sewer

Level or Stories Bi-Level

Structure Type Brick,Wood Siding

New Construction false

Schools

Elementary Schools Brown

Middle Schools Lake

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional, FHA, VA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, VA, 1031 Exchange

Special Listing Condition Other Owner

Information and Real Estate Services (IRES)

Listed by Kesia Catuccio

Nearby Locations

GET MORE INFORMATION

Aimee J Welch

Global Real Estate Advisor | Lic# 100092642

awelch@livsir.com

+1(970) 420-4640

3287 Heron Lakes Pkwy, Berthoud, CO, 80513, USA

2543 River #2545 Denver, CO 80211

Aimee J Welch

Key Details

Location

Interior

Exterior

Building

Schools

Others

2543 River #2545