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Sold for $625,000
  • $625,000

    3240 N Madison Street, Denver, CO 80205

    3beds
    2baths
    1,500sqft
    Duplex
    Built in 1945
    -- sqft lot
    $598,000 Zestimate®
    $417/sqft
    $2,331 Estimated rent

    Home value

    $598,000

    $556,000 - $640,000

    $2,331/mo

    Zestimate® history
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    $3,611/mo

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    $3,611/mo

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    What's special

    Welcome to 3238-3240 Madison Street, a charming mid-century styled brick duplex in the heart of Denver. This listing is for both units of this duplex which offers the perfect investment potential for first time buyers and experienced investors alike. The upstairs 2 bed, 1 bath unit is available for immediate move in and is recently remodeled. Newer double pane windows, new paint, new lights, modern bathroom, newer appliances and a great layout. The garden level 1 bed, 1 bath unit is currently leased for $1500/month until February 2025 and has its own separate front entrance. There is a shared laundry/utility room with washer/dryer in the basement and extra storage for both units. The roof was just recoated in 2024, brand new water heater installed and a new central air conditioner. The sewer line has been updated to PVC. Step outside into your spacious backyard on this nearly 8000sqft lot! There is so much room for expansion and the potential to build a garage or ADU(s). The full fenced yard also has so many amazing spaces for gardening and includes a large shed for all your tools/toys. There is a gate off the alley which allows you to park up to 6 vehicles including large RVs, boats, etc. in the yard. Secure fencing all around the property provides a haven for furry friends and lots of space to entertain. Close to highways, coffee shops, parks, great restaurants, City Park Golf Course and so much charm in the historic Clayton neighborhood. Not often does a property with so much potential come onto the market at a price below $600k. Offset your mortgage payment or perhaps even live for free. Financing incentives available. Please reach out to listing agent Bobby Reginelli for details. While the upstairs two bedroom unit is vacant and available to show anytime, we have arranged for a 1 hour period to show both units at our OPEN HOUSE this Saturday, November 16 from 11am - 12pm Set up your showing today. This property won’t last long.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobby Reginelli 720-636-6096 BobbyILoveYourWay@gmail.com,

    MODUS Real Estate

    Bought with:

    Michael Steffen, 100045412

    EXIT Realty DTC, Cherry Creek, Pikes Peak.

    Source: REcolorado as distributed by MLS GRID,MLS#: 5629319MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Freezer, Gas Water Heater, Refrigerator, Washer
    • Laundry: Common Area, In Basement, Laundry Closet
    Features
    • High Speed Internet, Laminate Counters, Smart Thermostat
    • Flooring: Carpet, Concrete, Linoleum, Tile, Vinyl
    • Basement: Daylight,Exterior Entry,Finished,Full,Partial,Walk-Out Access
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft
    • Finished area above ground: 1,420
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Details: Off Street Spaces: 6
    Features
    • Levels: Multi/Split
    • Entry location: Ground
    • Patio & porch: Covered
    • Exterior features: Garden, Lighting, Private Yard, Rain Gutters
    • Fencing: Full,Partial
    Lot
    • Size: 7,280 sqft
    • Features: Landscaped, Level, Near Public Transit
    Details
    • Parcel number: 225148010
    • Zoning: U-TU-C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Duplex
    Materials
    • Brick
    • Roof: Fiberglass,Rolled/Hot Mop,Tar/Gravel
    Condition
    • Updated/Remodeled
    • Year built: 1945

    Utilities & green energy

    • Electric: 110V, 220 Volts, Single Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
    Green energy
    • Energy efficient items: HVAC, Lighting, Thermostat, Water Heater, Windows

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smart Cameras, Smoke Detector(s)
    Location
    • Region: Denver
    • Subdivision: Clayton

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Ownership: Individual

    Price history

    DateEventPrice
    2/18/2025Listing removed$2,600$2/sqft
    Source: Zillow Rentals Report a problem
    1/21/2025Listed for rent$2,600$2/sqft
    Source: Zillow Rentals Report a problem
    12/16/2024Sold$625,000+4.3%$417/sqft
    Source: REcolorado as distributed by MLS GRID #5629319 Report a problem
    11/16/2024Pending sale$599,000$399/sqft
    Source: REcolorado as distributed by MLS GRID #5629319 Report a problem
    11/15/2024Listed for sale$599,000+223.1%$399/sqft
    Source: REcolorado as distributed by MLS GRID #5629319 Report a problem
    10/12/2007Sold$185,400+48.3%$124/sqft
    Source: Public Record Report a problem
    12/7/2004Sold$125,000-36.9%$83/sqft
    Source: Public Record Report a problem
    10/20/2003Sold$198,037$132/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,834 +67.6%$49,480 -6%
    2023$2,288 +1.4%$52,660 +83%
    2022$2,256 +5.9%$28,770 -4.9%
    2021$2,132 +2.9%$30,240 +5.3%
    2020$2,072 +29.6%$28,721 -0.7%
    2019$1,598 $28,922 +40%
    2018$1,598 +0.3%$20,660
    2017$1,594 +14.3%$20,660 +15.7%
    2016$1,395 +61%$17,850
    2015$866 0%$17,850 +71.1%
    2014$867 -16.1%$10,430
    2013$1,032 +17.9%$10,430 -15.1%
    2012$876 +17.8%$12,280
    2011$743 +2.2%$12,280 +10%
    2010$727 -29.7%$11,160
    2009$1,034 -0.2%$11,160 -28%
    2008$1,036 $15,490

    Find assessor info on the county website

    Neighborhood: Clayton

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Columbine
    • Middle: Whittier E-8
    • High: East
    • 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
    $598,000
    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
    $598,000