Rare Opportunity in the Heart of Swansea! This classic brick bungalow offers incredible upside with 881 sq. ft. on the main level plus a full 881 sq. ft. basement, providing abundant living and storage space. A finished attic adds additional flexible space perfect for a home office, studio, or guest area.
Recently rezoned to R-2, this property presents exceptional redevelopment and income potential. The oversized lot features two existing rear structures that may qualify for future Accessory Dwelling Units (ADUs) (buyer to verify with the City and County of Denver), creating the opportunity for multigenerational living, rental income, or added long-term value.
Whether you’re looking for a charming home with room to grow, an investment property, or a redevelopment opportunity, this property offers possibilities rarely found at this price point. Conveniently located with easy access to downtown Denver, I-70, the National Western Center, and the rapidly transforming Swansea neighborhood.
A unique opportunity to own a property with existing improvements, flexible R-2 zoning, and tremendous future value potential. Buyer to verify zoning, square footage, and ADU requirements.property sold as is where is. Corner lot is now included in sale.
For sale
Price increase: $25K (6/27)
$415,000
5115 milwaukee Street, Denver, CO 80216
3beds
1,762sqft
Single Family Residence
Built in 1927
6,350 Square Feet Lot
$407,900 Zestimate®
$236/sqft
$-- HOA
What's special
- 20 days |
- 328 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Joe Manzanares 303-779-5600 jmanrealtor@yahoo.com,
The Devonshire Company
Source: REcolorado as distributed by MLS GRID,MLS#: 4346031
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bathroom
- Level: Main
Heating
- Forced Air
Cooling
- None
Features
- Basement: Finished,Full
Interior area
- Total structure area: 1,762
- Total interior livable area: 1,762 sqft
- Finished area above ground: 881
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Details: Off Street Spaces: 4
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,350 Square Feet
Details
- Parcel number: 213303018
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Roof: Composition
Condition
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Swansea
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $236/sqft
- Tax assessed value: $444,300
- Annual tax amount: $2,300
- Date on market: 6/21/2026
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Exclusions: Sellers Personal Property
- Ownership: Individual
Estimated market value
Zestimate®
$407,900
Estimated sales range
$388,000 - $428,000
Rent Zestimate®
$2,893/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Price change | $415,000+6.4%$236/sqft |
Source: | ||
| 6/21/2026 | Listed for sale | $390,000+52.9%$221/sqft |
Source: | ||
| 9/6/2024 | Listing removed | $2,500$1/sqft |
Source: REcolorado as distributed by MLS GRID #3942466 Report a problem | ||
| 8/5/2024 | Price change | $2,500-7.4%$1/sqft |
Source: REcolorado as distributed by MLS GRID #3942466 Report a problem | ||
| 6/19/2024 | Price change | $2,700-3.6%$2/sqft |
Source: REcolorado as distributed by MLS GRID #3942466 Report a problem | ||
| 5/28/2024 | Listed for rent | $2,800$2/sqft |
Source: REcolorado as distributed by MLS GRID #3942466 Report a problem | ||
| 12/1/2017 | Sold | $255,000-17.7%$145/sqft |
Source: Public Record Report a problem | ||
| 10/25/2017 | Pending sale | $310,000$176/sqft |
Source: Great Way RE Exclusive Properties #8919572 Report a problem | ||
| 8/10/2017 | Listed for sale | $310,000+113.8%$176/sqft |
Source: Great Way RE Exclusive Properties #8919572 Report a problem | ||
| 10/19/2008 | Listing removed | $145,000$82/sqft |
Source: Listhub #541975 Report a problem | ||
| 5/25/2008 | Listed for sale | $145,000$82/sqft |
Source: Listhub #541975 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,021 +21.2% | $26,080 -10.2% |
| 2023 | $1,667 +3.6% | $29,040 +38.5% |
| 2022 | $1,609 +10.3% | $20,960 -2.8% |
| 2021 | $1,458 +2.9% | $21,560 +9.7% |
| 2020 | $1,417 +88.8% | $19,648 -9.9% |
| 2019 | $750 | $21,795 +29% |
| 2018 | $750 +0.3% | $16,900 |
| 2017 | $748 +66.6% | $16,900 +47% |
| 2016 | $449 +30% | $11,500 |
| 2015 | $346 0% | $11,500 +38.2% |
| 2014 | $346 -1.2% | $8,320 |
| 2013 | $350 -41% | $8,320 |
| 2012 | $593 -17.9% | $8,320 +0% |
| 2011 | $723 +2.2% | $8,318 -23.3% |
| 2010 | $707 -24% | $10,850 |
| 2009 | $930 -0.2% | $10,850 -22.1% |
| 2008 | $932 +6.5% | $13,930 |
| 2007 | $875 +1.1% | $13,930 +6.6% |
| 2006 | $865 -0.5% | $13,070 |
| 2005 | $869 +16.7% | $13,070 -5.8% |
| 2003 | $745 +1.9% | $13,870 +11.4% |
| 2002 | $731 | $12,450 +33% |
| 2001 | -- | $9,360 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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: Elyria Swansea
Nearby schools
GreatSchools rating
- 5/10Swansea Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10Manual Middle SchoolGrades: 6-8Distance: 2.4 mi
- 5/10Manual High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Swansea
- 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.
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- Colorado
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- Denver
- 80216
- Elyria Swansea
- 5115 milwaukee Street