Denver CO Denver County 3 Bedroom 3.5 Bath Single Family New Construction Park Hill $700K-$800K Duplex Unit Finished Basement Lock-Off Short-Term Rental Potential Listed by Austin Peterson Apex Real Estate Solutions Llc

CompCasa valuation analysis

Estimated market value

$710,000

Low $675,000 · Midpoint $710,000 · High $745,000

Confidence65%Sales comparison approach

Last recorded sale$714,500Mar 10, 2026

CompCasa estimate$710,000Mar 14, 2026

Estimate vs. last recorded sale−$4,500 / −0.6%

$675,000$710,000 midpoint$745,000

Price / sq ft$372

Median sale price$700,000

Avg days on market20 days

Inventory1.5 months

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.

About the property

Contemporary Park Hill Duplex — Finished Lock-Off Basement

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.

Property details

A 2026 contemporary on 0.05 acres.

Building

Year built2026

ConstructionModern Wood Frame With Contemporary Finishes (Per Listing)

Site & utilities

Lot size0.0517 acres

GarageNo attached garage reported; 1 concrete parking space / pad

Stories2

ConditionExcellent

BasementFinished

FireplaceNo

Improvement notesNew construction duplex unit with finished basement, 9-foot basement ceilings, kitchenettes and lock-off options designed for multi-generational or rental use.

Lot area2,250 sq ft

TopographyLevel

ParkingDriveway Or Parking Pad

Parking spaces1

Parking notesMLS lists 1 parking space; has concrete parking surface. No attached garage reported.

AccessStandard neighborhood street access from Grape St; curb cut(es) presumed for parking.

WaterPublic

SewerPublic Sewer

ElectricUnknown

GasUnknown

Location & nearby

Park Hill

Researched nearby locations

City Park (0.7 mi)

Stanley Marketplace (1.6 mi)

Location

3590 Grape St #1, Denver, CO 80207

View map

View in Google Maps

Editorial neighborhood context

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.

Nearby access summary

Excellent access to City Park, neighborhood parks, walking paths and bike routes—strong for families and active residents.

ElementaryPark Hill Elementary (DPS) — rating approx. 6/10

Middle schoolMcAuliffe International School (K–8 magnet) — rating approx. 7–8/10

High schoolEast High School — rating approx. 6/10

School districtDenver Public Schools

Market context

A factual market snapshot around 3590 Grape St.

Median sale price$700,000

Avg days on market20 days

Inventory1.5 months

1-year appreciation350.0%

5-year appreciation1800.0%

Editorial market perspective

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.

Zoning & land use

E-TU-B is a Denver established neighborhoods zoning district allowing two-unit (duplex) development with site-specific rules; intended to integrate higher-density housing while retaining neighborhood character.

Zoning

Zoning codeE-TU-B (per listing)

DescriptionE-TU-B is a Denver established neighborhoods zoning district allowing two-unit (duplex) development with site-specific rules; intended to integrate higher-density housing while retaining neighborhood character.

JurisdictionCity and County of Denver

Current useResidential

SetbacksSetback and lot coverage subject to E-TU-B standards and Denver building code — verify with city for exact build envelope.

Research-indicated uses

Single Family Dwelling
Duplex / Two Unit Dwelling
Accessory Dwelling Units (Subject To Local Rules)
Limited Multi Generational Or Rental Configurations

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.

Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2026-03-10$714,500

Research findings & due diligence

What the research supports — and what is still worth verifying.

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.

Highlights & features

What stands out about this property.

01Income-capable finished basement with kitchenette and lock-off

02New construction (2026) — modern systems and design

03Prime Park Hill location near City Park and Stanley Marketplace

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

Research transparency

Sources & research confidence.

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

View sources & confidence

https://www.redfin.com/CO/Denver/3590-Grape-St-80207/unit-1/home/200818902View 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.