Back 721 W 9th Ave
Off Market

721 W 9th Ave

Denver CO 80204

3
2
1668 sq. ft.
0.05 ac.
Duplex
Last sold for $690,000
Daniel CooperDaniel Cooper, last sold this property on 12 May 2023 after 54 days on market.

Overview

Through no fault of the seller, this property is back on the market! Incredible investment opportunity for a turn key duplex in the fantastic Lincoln Park neighborhood! This property offers a main house on the street level. Featuring 2 large bedrooms, 1 full bathroom, large kitchen with updates, dining room and living room. The unit downstairs features 1 bedroom, 1 full bathroom, a full kitchen and a separate living area. Shared laundry located in the basement. Both units are currently occupied with great tenants. Rents are currently below market rent and could both be raised $200-$400/mo as well as expenses decreased if utilities were charged back to tenants. If aesthetic improvements were done to the property, rents could easily soar beyond projected numbers! Don't miss out on this wonderful income property that can cashflow day 1 with lots of potential! If buyer wanted to occupy the main house, there's a great opportunity to offset their mortgage with the downstairs apartment income!

Features

3 bedrooms
2 bathrooms
1668 sq. ft. floor area
0.05 ac. lot size
Duplex

Estimated Value

Based on this property and similar 3 bedroom duplexes sold in Denver over the last 12 months, the estimated median property value of 721 W 9th Ave is $630k.

Median value
$630k
Estimated value range
$380k - $945k
Median days on market
40
Estimated value trend
-21%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Denver. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 721 W 9th Ave

2023
Sold
$690,000
12 May 2023 by Daniel Cooper, of PRICE AND COMPANY

Happy sellers in Denver

94%
94% of sellers in Denver reported that their sale price either exceeded or met their price expectations.

Denver stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Denver over the last 12 months.

Local market activity for 3 bedroom duplexes in Denver

In the last 12 months, 27 three-bedroom duplexes similar to 721 W 9th Ave, have been sold.

This represents a 22% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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