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Sold for $599,389
  • $599,389

    2229 S Bannock Street, Denver, CO 80223

    4beds
    2baths
    1,451sqft
    Duplex
    Built in 1955
    -- sqft lot
    $580,600 Zestimate®
    $413/sqft
    $2,330 Estimated rent

    Home value

    $580,600

    $546,000 - $621,000

    $2,330/mo

    Zestimate® history
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    $2,330/mo

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    $2,330/mo

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    $3,461/mo

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    $3,461/mo

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    What's special

    Discover a rare investment opportunity with this side-by-side full duplex in one of Denver’s most sought-after neighborhoods. Each unit features 2 bedrooms and 1 bathroom, with the front unit currently rented for $2,300 per month and the back unit also generating $2,300 in monthly rent. A shared two-car detached garage provides added convenience for tenants. Situated close to the vibrant retail and dining options of South Broadway, this property offers excellent long-term potential. Whether you're looking for strong cash flow, a live-in investment opportunity, or a property with redevelopment potential, this duplex checks all the boxes. With its prime location and sizable lot, there’s even the possibility to build a new duplex in the future and sell each side for significant profit. Don’t miss out on this versatile and high-performing investment! This home qualifies for the community reinvestment act providing 1.75% of the loan amount as a credit towards buyer’s closing costs, pre-paids and discount points. Contact listing agent for more details

    Zillow last checked:

    Listing updated:

    Listed by:

    Leo Rowen 303-521-0360 leo@rowenrealty.com,

    RE/MAX of Cherry Creek

    Bought with:

    Derrick Wheeler II, 100074744

    Redfin Corporation

    Source: REcolorado as distributed by MLS GRID,MLS#: 9556251MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Convection Oven, Dishwasher, Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Wood
    • Has basement: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,451
    • Total interior livable area: 1,451 sqft
    • Finished area above ground: 1,451

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,250 Square Feet
    • Features: Level
    Details
    • Parcel number: 527220027
    • Zoning: U-TU-C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Other
    • Roof: Composition
    Condition
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Rosedale
    HOA
    • Has HOA: No
    Location
    • Region: Denver

    Financial & listing details

    • Price per square foot: $413/sqft
    • Tax assessed value: $847,600
    • Annual tax amount: $4,115
    • Date on market: 1/2/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Exclusions: Tenant Property
    • Ownership: Corporation/Trust

    Price history

    DateEventPrice
    7/29/2025Sold$599,389-7.7%$413/sqft
    Source: REcolorado as distributed by MLS GRID #9556251 Report a problem
    6/30/2025Pending sale$649,500$448/sqft
    Source: REcolorado as distributed by MLS GRID #9556251 Report a problem
    5/17/2025Price change$649,500-3.8%$448/sqft
    Source: REcolorado as distributed by MLS GRID #9556251 Report a problem
    4/10/2025Price change$675,000-3.4%$465/sqft
    Source: REcolorado as distributed by MLS GRID #9556251 Report a problem
    3/25/2025Price change$699,000-2.8%$482/sqft
    Source: REcolorado as distributed by MLS GRID #9556251 Report a problem
    2/25/2025Price change$719,000-6.6%$496/sqft
    Source: REcolorado as distributed by MLS GRID #9556251 Report a problem
    1/21/2025Price change$770,000-3.8%$531/sqft
    Source: REcolorado as distributed by MLS GRID #9556251 Report a problem
    1/2/2025Listed for sale$800,000$551/sqft
    Source: REcolorado as distributed by MLS GRID #9556251 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,115 +42.1%$53,100 -5.7%
    2023$2,896 +1.4%$56,330 +54.7%
    2022$2,856 +7.6%$36,410 -4.9%
    2021$2,655 +2.9%$38,280 +7%
    2020$2,580 +13.8%$35,779 -0.7%
    2019$2,268 $36,029 +22.9%
    2018$2,268 +0.3%$29,320
    2017$2,262 +16.1%$29,320 +17.6%
    2016$1,948 +13%$24,940
    2015$1,725 0%$24,940 +20.1%
    2014$1,726 $20,770
    Find assessor info on the county website

    Neighborhood: Overland

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Asbury
    • Middle: Grant
    • High: South
    • 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
    $580,600
    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
    $580,600