Estimate anchored to the current list price ($699,900) and AVM ($712,739). Adjusted for duplex configuration, proximity to University of Denver and Yale light rail, in-place month-to-month leases (under-market), and typical condition for 1958 vintage buildings in south Denver.
DU‑Adjacent Duplex — 6 Beds, 2 Baths, Value‑Add Opportunity
Rare south-Denver duplex offering with immediate income and clear upside. This traditional 1958 two-unit building totals 2,257 finished square feet and is configured as two mirror 3-bedroom/1-bath units (each roughly 1,026 SF) — plus a 205 SF basement bonus room with outside access on one side. Both units feature washer/dryer hookups and are currently occupied on month-to-month tenancy, presenting a fast path to rent normalization for a buyer seeking immediate cash flow.
The property includes a single-car garage for one unit and a covered off-street parking stall for the other, along with a gated backyard that provides private outdoor space unusual for this price point so close to campus. The building’s layout is straightforward and lends itself to light cosmetic renovation: new flooring, refreshed kitchens/baths, and targeted mechanical upgrades will meaningfully lift rents and values in this highly rentable micro‑market.
Location is the standout: walk to the Yale Street RTD light rail station and the University of Denver in minutes. Commuting is easy (I-25 and South Broadway are a short drive), and neighborhood amenities — coffee shops, restaurants, grocers, and parks — are all within a short stroll. The seller also indicates an adjacent duplex is available, creating the rare chance to assemble a four-plex and realize scale efficiencies.
This property is well-suited to an investor-operator, an owner-occupier who wants rental income from the second unit, or a buyer aiming to consolidate neighboring sites. Bring your contractor and your underwriting — the upside from modest improvements and market rents is tangible. Contact Angela Fox for details and to schedule a showing.
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Comparable sales
A 1958 duplex.
Building
Site & utilities
University/DU area (University Park/Platt Park corridor)
Researched nearby locations
Location
2645-2675 S Cherry St, Denver, CO 80222
The University-area pocket south of DU mixes older single-family homes, small multifamily buildings, and student-focused rentals. Walkable streets, easy access to the Yale light rail stop, and a cluster of restaurants and services along South Broadway make this one of Denver's most active small-scale rental markets. The neighborhood tends to draw a blend of long-term residents and transient university renters, creating steady tenant demand and consistent interest from investor buyers.
Strong access to neighborhood parks, bike routes and DU recreational facilities. Walkable errands and transit access make day-to-day life car-light for many tenants.
A factual market snapshot around 2645-2675 S Cherry St.
Neighborhood demand remains firm around the University of Denver. Buyers include faculty, graduate students, owner/investors and small multifamily owners who prize transit access and proximity to campus. In 2025–2026 the DU corridor exhibited low inventory, short days-on-market for well-priced multifamily assets, and modest annual appreciation. This duplex lists at $699,900 (≈$310/SF) — competitive for the area when factoring in existing occupancy and parking. Underwrite assuming a conservative vacancy and allow modest capex to reposition rents; the asset is positioned to perform in a market with steady rental demand and limited new supply within walking distance of campus.
Likely residential low- to medium-density zoning permitting duplex use; (City of Denver zoning categories vary — verify exact zone with City Zoning Map).
Zoning
Research-indicated uses
- Two Family/Dwelling Units Generally Permitted Under Residential Zoning
- Accessory Uses, Limited Conversions And Owner Occupancy Options Depending On Specific Zone
What the research supports — and what is still worth verifying.
Key findings
- List price: $699,900; AVM: ~$712,700; price per SF: $310.
- Two units — each ~1,026 SF — both 3BR/1BA; additional basement room on one side adds flexibility.
- Year built: 1958; condition: average — cosmetic & systems likely need typical upkeep.
- Parking: one single-car garage + one covered off-street stall.
- Tenant status: month-to-month rentals; seller reports under-market leases.
What stands out about this property.
Interior Features
- Two 3-bed / 1-bath units (~1,026 SF each)
- Basement bonus room (205 SF) with exterior access on one side
- Washer/dryer hookups in both units
- Traditional 1958 layout suitable for light renovation
Exterior & Lot
- Gated backyard for private outdoor use
- Single-car garage (one unit) + covered off-street stall (other unit)
- Street access on S Cherry St; alley/side-yard access to basement
- Urban lot with mature landscaping
Location & Neighborhood
- Walkable to University of Denver (≈0.3 mi)
- Steps from Yale light rail station (≈0.1–0.2 mi)
- Quick drive to South Broadway retailers and I-25
- Strong tenant pool: students, staff, young professionals
Walkability & Recreation
- Walkability Rating: 86/100
- Nearby parks: Observatory Park and neighborhood greenways
- Easy access to bike routes and transit
- Short walk to cafés, restaurants and local shops
Sources & research confidence.
See where the property research came from and how confidence varies by field.