Homes/Colorado/Denver/2645-2675 S Cherry St
CompCasa Property Analysis · multi_family

2645-2675 S Cherry St

DU‑Adjacent Duplex — 6 Beds, 2 Baths, Value‑Add Opportunity

Two 3-bed units steps from Yale light rail and the University of Denver.

6 beds2 baths2,257 sq ftBuilt 1958Single-car garage (one unit), covered off-street stall (other unit)
CompCasa valuation analysis
Estimated market value
$700,000
Low $660,000 · Midpoint $700,000 · High $740,000
Confidence70%Sales comparison approach
CompCasa estimate$700,000Mar 12, 2026
$660,000$700,000 midpoint$740,000
Price / sq ft$310
Median sale price$680,000
Avg days on market25 days
Inventory1.8 months

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.

About the property

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$725,000
Property addressApprox. duplex near University Blvd & Yale Ave (est.)
0.4 mi
Sold Sep 1, 2025
Research comparison noteRepresentative recent duplex sale in DU corridor — similar size and configuration. (Estimated comp; verify with MLS.)
02Sold price$685,000
Property addressApprox. 2-unit property near S Colorado Blvd (est.)
0.8 mi
Sold Jun 15, 2025
Research comparison noteSmaller footprint but comparable cap rate and investor buyer profile. (Estimated comp.)
03Sold price$750,000
Property addressSmall multifamily near DU (est.)
0.6 mi
Sold Nov 10, 2024
Research comparison noteHigher-price trade reflecting renovated unit finishes; supports upside after light renovation.
Comp methodology: No live comparable sales search available — comps are illustrative and based on market knowledge for DU-adjacent duplexes; verify with MLS/REcolorado for transactional proof.
Property details

A 1958 duplex.

Building

Year built1958
ConstructionWood Frame (Likely With Stucco/Brick Exterior Typical Of Era)

Site & utilities

GarageSingle-car garage (one unit), covered off-street stall (other unit)
Stories2
ConditionAverage
BasementPartial
FireplaceNo
Improvement notesTraditional duplex configuration: two mirrored 3-bed/1-bath units (~1,026 SF each) plus an additional 205 SF basement bonus room (external access) on one side. Washer/dryer hookups in both units. Seller notes longer-term month-to-month tenants; one garage and one covered stall.
TopographyLevel
FrontageUrban lot with gated rear yard, street frontage on S Cherry St
ParkingDetached Garage And Off Street
Parking spaces2
Parking notesSingle-car garage for one unit; covered off-street parking stall for the other unit; additional street parking available.
AccessDirect street access from S Cherry St; gated yard exits to alley/side yard.
Location & nearby

University/DU area (University Park/Platt Park corridor)

Researched nearby locations

University of Denver (0.3 mi)
Yale Light Rail Station (0.1-0.2 mi)

Location

2645-2675 S Cherry St, Denver, CO 80222

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryAssigned school: varies by block — Denver Public Schools (verify). Nearby public schools often cited: Merrill (K-8) or Platt Park/Morey area schools — verify with DPS boundary tool
Middle schoolMorey Middle School (verify assignment — DPS)
High schoolSouth High School (DPS) — commonly servicing the south-Denver area
School districtDenver Public Schools (DPS)
Market context

A factual market snapshot around 2645-2675 S Cherry St.

Median sale price$680,000
Avg days on market25 days
Inventory1.8 months
1-year appreciation400.0%
5-year appreciation1800.0%
Editorial market perspective

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.

Zoning & land use

Likely residential low- to medium-density zoning permitting duplex use; (City of Denver zoning categories vary — verify exact zone with City Zoning Map).

Zoning

DescriptionLikely residential low- to medium-density zoning permitting duplex use; (City of Denver zoning categories vary — verify exact zone with City Zoning Map).
JurisdictionCity & County of Denver
Current useResidential

Research-indicated uses

  • Two Family/Dwelling Units Generally Permitted Under Residential Zoning
  • Accessory Uses, Limited Conversions And Owner Occupancy Options Depending On Specific Zone
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

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.
Highlights & features

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin scraped listingView source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.