*Investment opportunity near RiNo!* This thoughtfully updated Clayton home offers exceptional versatility and rental income potential, all just minutes from Denver’s vibrant RiNo Art District. With separate exterior access to the finished basement, the property offers an ideal setup for house hacking, multi-generational living, or an investor seeking multiple income streams. The main level features three spacious bedrooms plus a flexible bonus room, with room for an office, creative space, or additional sleeping area. The remodeled kitchen features brand-new cabinets, quartz countertops, and durable LVP flooring, complemented by fresh carpet throughout the main level. The finished basement adds significant value with two additional bedrooms, including one non-conforming bedroom, a full bathroom, and a complete second kitchen. The separate entrance offers potential for a rental suite, guest space, or extended living. A rear bonus addition provides even more flexibility and could potentially be converted into an additional income-producing space, workshop, or studio. Outside, the fenced, low-maintenance backyard features a pergola for shaded outdoor dining, basketball hoop, covered concrete pad for entertaining or tandem parking, and storage shed. Additional off-street and rear-access parking options add convenience. Major updates provide peace of mind, including a new A/C and furnace (2024), new electrical panel, updated basement wiring, new front roof, radon mitigation system, and completed structural work (documentation forthcoming). Located near Tighe Brothers Distillery and Dunham Park, with easy access to I-70, downtown Denver, and RiNo’s restaurants, breweries, entertainment, and employment centers, this property combines location, flexibility, and income potential. **A compelling opportunity for investors looking to capitalize on Denver’s continued growth—or owner-occupants seeking a property with the potential to offset their mortgage through rental income.
For sale
Price cut: $5K (8/15)
$515,000
4161 Milwaukee Street, Denver, CO 80216
5beds
2,244sqft
Single Family Residence
Built in 1943
5,850 Square Feet Lot
$-- Zestimate®
$230/sqft
$-- HOA
What's special
- 132 days
- 347
- 29
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Zimmermann 720-443-3455 elizabeth.zimmermann@redfin.com,
Redfin Corporation
Source: REcolorado as distributed by MLS GRID,MLS#: 5679796
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Description: Carpet, Private Access To Bath, No Attached Closet
- Features: Primary Suite
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom
- Description: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 x 10
Bedroom
- Description: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 x 10
Bedroom
- Description: Carpet, Egress Window, No Closet
- Level: Basement
- Area: 110 Square Feet
- Dimensions: 10 x 11
Bedroom
- Description: Carpet, Egress Window
- Level: Basement
- Area: 90 Square Feet
- Dimensions: 9 x 10
Bathroom
- Description: Tile Floors, Shower/Tub Combo, Private Access To Primary Bedroom
- Features: En Suite Bathroom, Primary Suite
- Level: Main
- Area: 72 Square Feet
- Dimensions: 6 x 12
Bathroom
- Description: Tile Floors, Shower/Tub Combo
- Level: Main
- Area: 35 Square Feet
- Dimensions: 5 x 7
Bathroom
- Description: Laminate Flooring, Shower/Tub Combo
- Level: Basement
- Area: 36 Square Feet
- Dimensions: 6 x 6
Dining room
- Description: Lvp Flooring
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9 x 10
Family room
- Description: Lvp Flooring, Door To Backyard
- Level: Main
- Area: 304 Square Feet
- Dimensions: 16 x 19
Kitchen
- Description: Lvp Flooring, Quartz Counters, Stainless Steel Appliances
- Level: Main
- Area: 117 Square Feet
- Dimensions: 9 x 13
Kitchen
- Description: Lvp Flooring, Laminate Counters
- Level: Basement
- Area: 170 Square Feet
- Dimensions: 10 x 17
Living room
- Description: Lvp Flooring
- Level: Basement
- Area: 143 Square Feet
- Dimensions: 11 x 13
Office
- Description: Carpet, Non Conforming Room
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8 x 10
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
- Laundry: Laundry Closet
Features
- No Stairs, Open Floorplan, Quartz Counters, Radon Mitigation System, Smart Thermostat
- Flooring: Carpet, Laminate, Tile
- Basement: Bath/Stubbed,Exterior Entry,Finished
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,244
- Total interior livable area: 2,244 sqft
- Finished area above ground: 1,564
- Finished area below ground: 646
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Tandem
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Private Yard, Rain Gutters
- Fencing: Full
Lot
- Size: 5,850 Square Feet
- Features: Corner Lot, Landscaped, Level, Near Public Transit, Sprinklers In Front
Details
- Parcel number: 224312015
- Zoning: E-SU-B
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1943
Utilities & green energy
- Electric: 110V, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Swansea
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $230/sqft
- Annual tax amount: $2,625
- Date on market: 4/24/2026
- Listing terms: Cash,Conventional
- Exclusions: Staging Furnishings, Seller's Personal Property
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Alley Paved, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Price change | $515,000-1%$230/sqft |
Source: | ||
| 8/11/2026 | Price change | $3,300-5.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/7/2026 | Listed for rent | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/7/2026 | Price change | $520,000-1%$232/sqft |
Source: | ||
| 7/15/2026 | Price change | $525,000-1.9%$234/sqft |
Source: | ||
| 5/31/2026 | Price change | $535,000-2.7%$238/sqft |
Source: | ||
| 4/24/2026 | Listed for sale | $550,000$245/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Elyria Swansea
Nearby schools
Schools provided by the listing agent
- Elementary: Harrington
- Middle: Whittier E-8
- 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.







