Live in RiNo with no HOA, and generate $50,000 of revenue a year? Yes! This incredible townhome in the heart of RiNo offers a unique opportunity for the savvy house hacker or investor. The main floor of this row house is a spacious one bedroom and one bathroom home with an updated kitchen, large bathroom, designated laundry space, and private backyard. In the basement, you'll find a studio apartment with exterior access. This space is currently being used as a short term rental, but could also be used as a long-term rental, guesthouse, or for generational living. The basement studio has a kitchenette, in-unit laundry, and a private backyard with access to the alley, adding to the convenience and privacy of the layout for both the primary resident and any guests. This home has a new roof, new skylight, and new front main floor windows. Keep your utilities low - the property is ultra efficient with mini splits and tankless water heaters in both living spaces. RiNo is one of Denver's most beloved neighborhoods and a huge attraction for guests; this amazing home is just moments from RiNo mainstays like the Denver Central Market, Crema Coffee, Shake Shack, Larimer Lounge, and Invisible City. Centrally located with access to DIA, downtown Denver, and the mountains, this investment will pay off for years to come.
Sold for $737,500
Street View
$737,500
1235 31st Street, Denver, CO 80205
2beds
1,026sqft
Townhouse
Built in 1909
1,859 Square Feet Lot
$703,800 Zestimate®
$719/sqft
$2,629 Estimated rent
Home value
$703,800
$655,000 - $753,000
$2,629/mo
Zestimate® history
Owner options
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$4,261/mo
Est. payment
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List your homeWhat's special
Private backyardNew roofIn-unit laundryUpdated kitchenNew skylight
Zillow last checked:
Listing updated:
Listed by:
Emily Fletcher 719-640-8277 emmycohomes@gmail.com,
Your Castle Real Estate Inc
Bought with:
Elizabeth Moore, 100041529
RE/MAX Alliance
Source: REcolorado as distributed by MLS GRID,MLS#: 7962177
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Description: Large Bedroom And Closet Featuring A Skylight And South-Facing Window For Lots Of Natural Light
- Level: Main
- Area: 129.25 Square Feet
- Dimensions: 11.75 x 11
Bedroom
- Description: Studio Style Basement Unit With Bed, Kitchenette, Laundry, Storage, And Separate Bathroom Currently Used As A Short Term Rental
- Level: Basement
- Area: 304 Square Feet
- Dimensions: 16 x 19
Bathroom
- Description: Large Bathroom With Double Vanity And Newly Refinished Bathtub
- Level: Main
- Area: 96.25 Square Feet
- Dimensions: 8.75 x 11
Bathroom
- Description: Bathroom With Shower And Extra Storage For Supplies
- Level: Basement
- Area: 28.13 Square Feet
- Dimensions: 7.5 x 3.75
Kitchen
- Description: High-End Lg Refrigerator, Granite Countertops, And Freshly Painted Cabinets
- Level: Main
- Area: 157.5 Square Feet
- Dimensions: 10.5 x 15
Kitchen
- Description: Kitchenette Features A Cooktop, Small Dishwasher, And Refrigerator
- Level: Basement
- Area: 304 Square Feet
- Dimensions: 16 x 19
Laundry
- Description: Washer And Dryer Included, Featuring Extra Storage Space
- Level: Main
- Area: 42.5 Square Feet
- Dimensions: 5 x 8.5
Laundry
- Description: Stacked Washer And Dryer Included
- Level: Basement
Living room
- Description: Loads Of Natural Light, High Ceilings Throughout, And Beautiful Original Brick Wall
- Level: Main
- Area: 186 Square Feet
- Dimensions: 15.5 x 12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Flooring: Concrete, Wood
- Basement: Partial
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,026
- Total interior livable area: 1,026 sqft
- Finished area above ground: 753
- Finished area below ground: 273
Property
Parking
- Total spaces: 1
- Details: Reserved Spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Exterior Access
- Patio & porch: Patio
- Exterior features: Private Yard
- Fencing: Full
- Has view: Yes
- View description: City
Lot
- Size: 1,859 sqft
Details
- Parcel number: 226327037
- Zoning: I-MX-3
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Brick
- Roof: Membrane
Condition
- Updated/Remodeled
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Denver
- Subdivision: Case & Eberts
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Ownership: Individual
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2025 | Sold | $737,500+1.7%$719/sqft |
Source:  REcolorado as distributed by MLS GRID #7962177 Report a problem | ||
| 3/12/2025 | Pending sale | $725,050$707/sqft |
Source: REcolorado as distributed by MLS GRID #7962177 Report a problem | ||
| 3/7/2025 | Price change | $725,050+0%$707/sqft |
Source: REcolorado as distributed by MLS GRID #7962177 Report a problem | ||
| 3/3/2025 | Listed for sale | $725,000+27.2%$707/sqft |
Source: REcolorado as distributed by MLS GRID #7962177 Report a problem | ||
| 6/2/2022 | Sold | $570,000+280.3%$556/sqft |
Source: Public Record Report a problem | ||
| 5/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/7/2022 | Listed for rent | $2,900$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/30/2011 | Sold | $149,900$146/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,342 +1.3% | $30,230 -9% |
| 2023 | $2,312 +3.6% | $33,230 +14.3% |
| 2022 | $2,231 +14.8% | $29,070 -2.8% |
| 2021 | $1,944 +2.9% | $29,900 +14.1% |
| 2020 | $1,889 +17.8% | $26,205 -0.7% |
| 2019 | $1,605 | $26,388 +27.2% |
| 2018 | $1,605 +0.3% | $20,740 |
| 2017 | $1,600 +22.5% | $20,740 +24.1% |
| 2016 | $1,306 +33.2% | $16,710 |
| 2015 | $980 0% | $16,710 +41.6% |
| 2014 | $980 -6.3% | $11,800 |
| 2013 | $1,047 +103.3% | $11,800 -5.2% |
| 2012 | $515 | $12,450 |
Find assessor info on the county website
Neighborhood: Five Points
Nearby schools
GreatSchools rating
- 2/10Cole Arts And Science AcademyGrades: PK-5Distance: 0.4 mi
- 2/10Manual Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Manual High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Wyatt
- Middle: Mcauliffe Manual
- High: Manual
- District: Denver 1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$703,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$703,800
- Colorado
- Denver County
- Denver
- 80205
- Five Points
- 1235 31st Street
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