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Lot/land
  • $500,000

    3420 S Downing Street, Englewood, CO 80113

    --beds
    --baths
    6,377Square Feet
    Improved Land
    Built in ----
    6,377 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Generous backyard areas
    Rare opportunities like this do not come along often in Englewood. This permit-ready development site offers highly desirable M-1 zoning, one of the few zoning designations in the city that allows for a true mix of uses including short term rentals. For developers and investors looking to capitalize on a strong rental market and continued growth in the area, this project is positioned perfectly with a huge profit margin. Plans are already in place for a striking modern duplex featuring a simple yet sophisticated architectural design that will appeal to today’s renters and buyers alike. Each thoughtfully designed unit includes three bedrooms and two and a half bathrooms with the primary suites oriented to the west to capture beautiful Colorado mountain views. The open main living spaces are designed to flow seamlessly to the outdoors through collapsible sliding doors that lead to covered back patios, creating an ideal indoor-outdoor living experience. Both residences feature detached two-car garages and generous backyard areas that provide the feel and functionality of a single-family home while maintaining the efficiency and value of duplex construction. Architectural and engineering plans are complete and available upon request, allowing a developer to step into a project that is ready to move forward. The location only adds to the value. Situated just blocks from Englewood’s renowned medical district, including Swedish and Craig Hospitals, the property also enjoys convenient access to Broadway’s vibrant dining, shopping, and entertainment corridor. This is a rare chance to secure a permit-ready project in one of Englewood’s most flexible and investor-friendly zoning categories.
    52 days
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    57
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Billy Wiegner 720-281-8125 billy@lvladvisors.com,

    Compass - Denver,

    LVL Advisors 720-281-8125,

    Compass - Denver

    Source: REcolorado as distributed by MLS GRID,MLS#: 1860152MLS Logo

      Facts & features

      Property

      Features
      • Fencing: Partial
      Lot
      • Size: 6,377 Square Feet
      • Features: Level
      Details
      • Parcel number: 031045380
      • Zoning: M-1
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Natural Gas Available

      Community & HOA

      Community
      • Subdivision: Englewood
      HOA
      • Has HOA: No
      Location
      • Region: Englewood

      Financial & listing details

      • Tax assessed value: $414,000
      • Annual tax amount: $8,804
      • Date on market: 6/2/2026
      • Listing terms: Cash,Conventional,VA Loan
      • Exclusions: None
      • Ownership: Individual
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,871/mo

        Price history

        DateEventPrice
        6/2/2026Listed for sale$500,000
        Source: REcolorado as distributed by MLS GRID #1860152 Report a problem
        5/19/2026Listing removed$500,000
        Source: REcolorado as distributed by MLS GRID #1860152 Report a problem
        3/10/2026Listed for sale$500,000+25%
        Source: REcolorado as distributed by MLS GRID #1860152 Report a problem
        4/4/2025Sold$400,000
        Source: REcolorado as distributed by MLS GRID #9952427 Report a problem
        2/10/2025Pending sale$400,000
        Source: REcolorado as distributed by MLS GRID #9952427 Report a problem
        1/27/2025Price change$400,000-23.8%
        Source: REcolorado as distributed by MLS GRID #9952427 Report a problem
        1/17/2025Listed for sale$525,000
        Source: REcolorado as distributed by MLS GRID #9952427 Report a problem
        12/21/2024Pending sale$525,000
        Source: REcolorado as distributed by MLS GRID #9952427 Report a problem
        7/25/2024Listed for sale$525,000+5%
        Source: REcolorado as distributed by MLS GRID #9952427 Report a problem
        4/14/2021Sold$500,000+0%
        Source: Public Record Report a problem
        7/7/2019Listing removed$499,999
        Source: Colorado Home Realty #9468680 Report a problem
        5/4/2019Price change$499,9990%
        Source: Colorado Home Realty #9468680 Report a problem
        3/12/2019Listed for sale$500,000+26.6%
        Source: Colorado Home Realty #9468680 Report a problem
        7/5/2018Sold$395,000
        Source: Public Record Report a problem
        5/30/2018Pending sale$395,000
        Source: Madison & Company Properties #3210307 Report a problem
        5/26/2018Listed for sale$395,000+163.3%
        Source: Madison & Company Properties #3210307 Report a problem
        8/1/2011Sold$150,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,453 +484.5%$111,780 +115.1%
        2024$762 -64.7%$51,978 +383.5%
        2023$2,161 +0.4%$10,751 -63.8%
        2022$2,152 $29,663 -2.8%
        2021-- $30,516 +10.9%
        2020$2,021 +15.9%$27,521 +3.6%
        2019$1,744 $26,577 +19.2%
        2018$1,744 +0.9%$22,298
        2017$1,728 $22,298 +23.8%
        2016-- $18,013
        2015-- $18,013 +26.7%
        2014$1,217 +17.6%$14,216 -4.8%
        2013$1,035 $14,940
        2012-- $14,940
        2011$935 +1.1%$14,940 -0.9%
        2010$925 +86.9%$15,070
        2009$495 $15,070 -6%
        2008-- $16,039
        2007-- $16,039 +4.2%
        2006-- $15,387
        2005-- $15,387 +1.8%
        2002$921 +16.9%$15,120 +23.3%
        2001$788 $12,260
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Medical District

        Getting around

        80 / 100
        Very Walkable
        35 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Englewood 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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