Introducing a promising investment opportunity in Northeast Park Hill. This 1953 raised brick up/down duplex boasts two separate units, each featuring two bedrooms and one bathroom, with 996 sq. ft. of living space per unit, totaling 1992 sq. ft in the building. The 6250 sq. ft. double lot showcases two trees gracing the front yard. The upper unit showcases cove ceilings, adding character to this investment property. While public records list the apartment address as 3563 Krameria, informally the garden level unit is known as 3561 Krameria. The lower unit enjoys plenty of natural light pouring in through large windows, thanks to its 8ft ceiling height. Each unit has its own gas meters and electrical panels. A shared coin-operated laundry room on the lower level provides an opportunity for additional income. The backyard offers a covered patio, a lawn area, and four off-street parking spaces. The previous owner used this property for Section 8 housing, making $1600 per unit, totaling $3200 per month. With renovations, you can expect rental rates in the range of $2k - $2.5K per unit, significantly increasing your income potential. The neighborhood is witnessing remarkable growth, with a recently remodeled single-family home across the street under contract for $635K, offering almost $100K more for half the space. With updates, I estimated the property could be worth approximately $775K (reference: Listing at 3334 Olive Street, Denver, CO 80207). Don’t miss out on this incredible investment opportunity in a rapidly appreciating area. Contact us today to explore the potential of this duplex and secure your foothold in the thriving Park Hill neighborhood!
Sold for $515,000
$515,000
3563 N Krameria Street, Denver, CO 80207
4beds
1,992sqft
Duplex
Built in 1953
6,250 Square Feet Lot
$554,000 Zestimate®
$259/sqft
$3,197 Estimated rent
Home value
$554,000
$521,000 - $587,000
$3,197/mo
Zestimate® history
Owner options
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$3,197/mo
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$3,197/mo
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$3,011/mo
Est. payment
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$3,011/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kassidy Benson 303-720-8491 Kassidy@LivingRoomDenver.com,
Living Room Real Estate
Bought with:
Kassidy Benson, 100053612
Living Room Real Estate
Source: REcolorado as distributed by MLS GRID,MLS#: 5755943
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Description: 3563 Upper Level 2 Bed/1 Bath Unit
- Level: Main
Bedroom
- Description: 3563 Upper Level 2 Bed/1 Bath Unit
- Level: Main
Bedroom
- Description: 3561 Garden Level 2 Bed/1 Bath Unit
- Level: Basement
Bedroom
- Description: 3561 Garden Level 2 Bed/1 Bath Unit
- Level: Basement
Bathroom
- Description: 3563 Upper Level 2 Bed/1 Bath Unit
- Level: Main
Bathroom
- Description: 3561 Garden Level 2 Bed/1 Bath Unit
- Level: Basement
Dining room
- Description: 3563 Upper Level 2 Bed/1 Bath Unit
- Level: Main
Dining room
- Description: 3561 Garden Level 2 Bed/1 Bath Unit
- Level: Basement
Kitchen
- Description: 3563 Upper Level 2 Bed/1 Bath Unit
- Level: Main
Kitchen
- Description: 3561 Garden Level 2 Bed/1 Bath Unit
- Level: Basement
Living room
- Description: 3563 Upper Level 2 Bed/1 Bath Unit
- Level: Main
Living room
- Description: 3561 Garden Level 2 Bed/1 Bath Unit
- Level: Basement
Heating
- Forced Air
Cooling
- Evaporative Cooling, None
Appliances
- Laundry: Common Area
Features
- Flooring: Laminate, Linoleum, Tile
- Basement: Daylight,Exterior Entry,Finished,Full,Walk-Out Access
Interior area
- Total structure area: 1,992
- Total interior livable area: 1,992 sqft
- Finished area above ground: 1,992
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Details: Off Street Spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch
- Exterior features: Private Yard
- Fencing: Partial
Lot
- Size: 6,250 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 129213012
- Zoning: E-SU-DX
- Special conditions: Standard,Third Party Approval
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter, Raised
- Roof: Composition
Condition
- Fixer
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: North Park Hill
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $259/sqft
- Annual tax amount: $2,263
- Date on market: 9/21/2023
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Ownership: Estate
- Road surface type: Alley Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2023 | Sold | $515,000-2.8%$259/sqft |
Source:  REcolorado as distributed by MLS GRID #5755943 Report a problem | ||
| 9/25/2023 | Pending sale | $530,000$266/sqft |
Source: REcolorado as distributed by MLS GRID #5755943 Report a problem | ||
| 9/21/2023 | Listed for sale | $530,000$266/sqft |
Source: REcolorado as distributed by MLS GRID #5755943 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Northeast Park Hill
Nearby homes
- $417,1003 bd1 ba986 sqft3515 Krameria St, Denver, CO 80207Off Market
- $389,1003 bd1 ba986 sqft3525 Krameria St, Denver, CO 80207Off Market
- $520,4003 bd2 ba1k sqft3505 Krameria St, Denver, CO 80207Off Market
- $371,4002 bd1 ba740 sqft3535 Krameria St, Denver, CO 80207Off Market
- $496,0003 bd-- ba1.6k sqft3501 Krameria St, Denver, CO 80207Off Market
- $545,9004 bd2 ba2k sqft3528 N Krameria St, Denver, CO 80207Off Market
- $572,500-- bd-- ba1.7k sqft3541 Krameria St, Denver, CO 80207Off Market
- $401,3002 bd1 ba852 sqft3547 Krameria Street, Denver, CO 80207Off Market
Nearby schools
GreatSchools rating
- 5/10Smith Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 9/10McAuliffe InternationalGrades: 6-8Distance: 0.9 mi
- 8/10East High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Smith Renaissance
- Middle: DSST: Conservatory Green
- 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
$554,000
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
$554,000
- Colorado
- Denver County
- Denver
- 80207
- Northeast Park Hill
- 3563 N Krameria Street
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