$714,500
3590 Grape St #1, Denver, CO 80207
Contemporary Park Hill Duplex — Finished Lock-Off Basement
3 Bed · 3.5 Bath · 1,917 Sq Ft
New construction with income-ready basement near City Park
3
Beds
3.5
Baths
1,917
Sq Ft
2026
Built
0.05 acres
Lot
1 off-street parking space / concrete pad
Garage
About 3590 Grape St
This front unit of a four-duplex redevelopment on Grape Street delivers contemporary Park Hill living with built-in income flexibility. Thoughtfully designed at roughly 1,917 sq ft, the home presents three bedrooms and 3.5 baths across two levels with a fully finished lower level. The basement features 9-foot ceilings, a kitchenette and lock-off capability — ideal as an in-law suite, a long-term rental, or (subject to permits) a short-term rental revenue stream.
The main living floor emphasizes an open layout that flows from the entry into a modern kitchen with built-in appliances and durable finishes. Wood and tile floors anchor the living areas while carpeted bedrooms provide comfort. Double-pane and egress windows are included throughout. Laundry is in-unit with a dedicated closet and a host of contemporary amenities expected in new construction.
Outside, a modest lot and concrete parking deliver low-maintenance city living in one of Denver’s most desirable neighborhoods. The architecture respects Park Hill’s historic character while offering efficient, modern systems and semi-custom presale finish choices for early buyers.
Location is a standout: less than a mile to City Park (home of the Denver Zoo and the Museum of Nature & Science), minutes to Stanley Marketplace, and easy access to York Street Yards and downtown. Whether you're looking to owner-occupy with income offset or invest in a new-build duplex unit with flexible rental options, this property offers a compelling combination of design, location, and optionality.
Home Highlights
Property Features
Interior Features
- 3 bedrooms, 3.5 baths
- Finished basement with 9' ceilings
- Basement kitchenette and lock-off configuration
- In-unit laundry (laundry closet)
- Double-pane windows and egress windows
- Mixed flooring: wood, tile and carpet
Exterior & Lot
- Concrete parking pad (1 space)
- Low-maintenance urban lot (~2,250 sqft)
- Contemporary façade that complements Park Hill character
- New construction (2026) — limited maintenance
Location & Neighborhood
- 0.7 miles to City Park (Denver Zoo & Museum of Nature & Science)
- 1.6 miles to Stanley Marketplace
- Easy access to downtown Denver and RiNo
- Park Hill dining, coffee shops, and local retail within walking distance
Walkability & Recreation
- Walkability Rating: 75/100
- Minutes to several parks and neighborhood trails
- Public transit access and bike-friendly streets nearby
Neighborhood & Location
Park Hill is one of Denver’s most enduring neighborhoods — a mix of historic brick homes, mature street trees, and pockets of sensitive infill. Residents value proximity to City Park, neighborhood restaurants and independent shops, while still enjoying straightforward access to downtown and the city's growing dining and arts corridors. The area attracts families, professionals and buyers seeking a balance between urban convenience and neighborhood character.
Market Insights
Park Hill remains a sought-after central Denver neighborhood that blends established tree-lined streets and newer infill projects. As of early 2026 the local market favors well-located new construction and thoughtfully configured units—especially those that offer rental flexibility. Inventory in Park Hill and nearby central neighborhoods is still below historical averages, keeping upward pressure on well-executed listings, but buyer sensitivity to interest rates persists. This unit's lock-off basement increases buyer demand from both owner-occupiers seeking mortgage relief and investors seeking diversified rental income. For buyers, this is an opportunity to secure a new-build product in a strong neighborhood; for investors, the combination of location and separate basement kitchenette creates multiple income pathways. Confirm rental and STR permit expectations with the City of Denver before assuming short-term income.
Nearby Schools
Park Hill Elementary
Elementary · 0.4 mi
McAuliffe International School (K–8)
Middle · 0.8 mi
East High School
High · 2.0 mi
Walkability & Recreation
Excellent access to City Park, neighborhood parks, walking paths and bike routes—strong for families and active residents.
Investment Highlights
- New construction (2026) with contemporary finishes and modern floor plan
- Finished basement with 9' ceilings, kitchenette, and lock-off — strong rental flexibility
- Located 0.7 mi to City Park; strong neighborhood amenities and transit connections
- E-TU-B zoning designed for two-unit development — supports duplex use
- Semi-custom presale opportunity for interior finish selections
Key Findings
- 1,917 total sqft; 3 beds, 3.5 baths; listed at $714,500 (MLS #6876557).
- Lot subdivision yields four duplex lots on an ~18,200 sqft site (project-level claim).
- Basement designed as income-capable unit (kitchenette + lock-off); potential for STR or long-term rental.
- Parking provided as 1 concrete space/pad; no attached garage listed.
- Located in Park Hill near City Park, Stanley Marketplace and York Street Yards.
Things to Consider
- Short-term rental income depends on City of Denver STR rules and permit approvals.
- Parking supply limited to single space — may be restrictive for some buyers.
- Final build quality and finish selections must be verified prior to closing.
- Taxes, assessed value, and HOA/maintenance responsibilities (if any project-level agreements) should be confirmed.
Opportunity Analysis
Acquire a new-construction Park Hill duplex unit that combines owner occupancy with dedicated income capability via a finished, lock-off basement—capturing both lifestyle buyers and yield-seeking investors.
Potential Use Scenarios
- Owner-occupy upper unit and rent basement long-term to offset mortgage.
- Certify and permit basement for STR if desired — use as high-yield vacation rental while occupying primary unit.
- Acquire as buy-and-hold rental focusing on duplex market premium in Park Hill.
Risk Factors
- STR permitting risk and local regulations
- local market softness or higher interest rates affecting resale
- construction finish variance from marketing materials
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$675K
Midpoint
$710K
High
$745K
$372/SF estimated price per square foot
Estimate anchored to MLS list price ($714,500) and unit size (1,917 sqft). Range reflects new-construction premium for Park Hill, comparison to nearby recent duplex/new-build sales, and local market conditions as of 2026. No live comps search performed.
As of 2026-03-14
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Park Hill has seen steady demand from families and buyers seeking a mix of historic homes and new construction; investor interest in lock-off basement units for rental/STR use remains notable.
Nearby Points of Interest
- City Park (0.7 mi)
- Stanley Marketplace (1.6 mi)
Park Hill offers direct access to City Park (Denver Zoo, Museum of Nature & Science), neighborhood cafes and restaurants, and regional shopping at York Street Yards and Northfield. Easy drive to downtown and RiNo arts/restaurant corridor.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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