Property listing for 3590 Grape St #2, Denver, CO 80207
ActiveDuplex Unit / Single-Family Style

$674,500

3590 Grape St #2, Denver, CO 80207

Contemporary 3BR / 3.5BA Duplex Unit with Finished Basement

3 Bed · 3.5 Bath · 1,917 Sq Ft

New-construction Park Hill duplex unit with rental-ready basement

3

Beds

3.5

Baths

1,917

Sq Ft

2026

Built

0.05 acres (approx)

Lot

No garage indicated; on-street parking

Garage

About 3590 Grape St

This rear unit in the new Grape Street 8 development delivers contemporary design and practical flexibility in one of Denver’s most sought-after neighborhoods. Thoughtfully laid out across approximately 1,917 finished square feet, Unit #2 offers 3 bedrooms and 3.5 bathrooms plus a finished basement with 9-foot ceilings and a kitchenette with a lock-off option—ideal for rental income, guests, or multi-generational living.

The floorplan emphasizes livability: principal living spaces and modern finishes on the main level, private bedrooms upstairs, and a below-grade suite that can function independently. The developer is offering presale selection opportunities so buyers can tailor finishes to their taste. Architecturally the homes mesh contemporary lines with materials chosen to complement Park Hill’s historic brick character.

Location is a standout. You’re a short walk from City Park—with the Denver Zoo and the Museum of Nature & Science—and minutes from neighborhood cafés, dining, and the growing amenity nodes at Stanley Marketplace and York Street Yards. Commuting downtown, to RiNo, or to major routes is straightforward, making this an excellent option for buyers who want city convenience without sacrificing neighborhood warmth.

Practical advantages include a presale price point in a tight price band for new construction, no HOA per listing, and built-in rental flexibility via the basement kitchenette/lock-off. Confirm parking specifics and final permit details with the listing agent. Sold as a new-construction rear duplex unit; photos show the developer’s planned finishes. Contact Austin Peterson to request finishes packet, floor plans, and timeline for delivery.

Home Highlights

New-construction rear-unit duplex in Park HillFinished basement with kitchenette and lock-off—income potential3 beds / 3.5 baths; ~1,917 SFNo HOA listedShort walk to City Park and neighborhood amenities

Property Features

Interior Features

  • Approximately 1,917 SF finished living area
  • 3 bedrooms, 3.5 bathrooms
  • Finished basement with 9' ceilings
  • Basement kitchenette and lock-off option for rental flexibility
  • Contemporary finishes (semi-custom selections available during presale)

Exterior & Lot

  • Rear-unit in a four-duplex infill project on subdivided lots
  • Low-maintenance new-construction exterior materials
  • No HOA (per listing)
  • Lot footprint part of an 18,200 SF assembled site

Location & Neighborhood

  • Park Hill neighborhood — family-friendly, tree-lined streets
  • 0.5 miles to City Park (Denver Zoo & Museum of Nature & Science)
  • Easy access to Stanley Marketplace, York Street Yards, and downtown Denver

Walkability & Recreation

  • Walkability Rating: 78/100
  • Nearby green space: City Park and neighborhood pocket parks
  • Biking routes and transit corridors provide good connectivity

Neighborhood & Location

Park Hill is one of Denver’s established, family-oriented neighborhoods characterized by mature trees, historic brick homes, and a strong sense of community. In recent years the area has attracted infill development that respects existing scale while adding modern housing options. Residents enjoy proximity to City Park, a variety of neighborhood cafes and restaurants, and quick routes into downtown and employment hubs.

Market Insights

Park Hill remains a core demand neighborhood in Denver for buyers seeking proximity to City Park, strong neighborhood character, and relatively quick access to downtown. As of early 2026 the local market for well-priced new-construction and thoughtfully renovated homes shows modest appreciation with healthy buyer interest; median sale prices for close-in Denver have recovered from the 2022-2023 interest-rate shock and continue to attract owner-occupants and investors. Inventory for entry-to-mid price ranges in Park Hill often runs tight (roughly 1–3 months of supply), which benefits differentiated product—such as a new duplex with a finished lock-off basement. Buyers should weigh mortgage rate sensitivity and local parking constraints, but a presale purchase that secures preferred finishes and leverages the basement for income can produce above-market total returns over a 3–5 year hold.

Nearby Schools

Park Hill Elementary

Elementary · 0.5 mi

5/10

Hill Middle School (approximate feed)

Middle · 1.1 mi

5/10

East High School

High · 2.0 mi

8/10

Walkability & Recreation

78
Walkability
86
Recreation

Excellent immediate access to City Park (Denver Zoo & Museum of Nature & Science) and multiple neighborhood parks and walking routes; strong bike and pedestrian connectivity to local amenities.

Investment Highlights

  • New-construction duplex unit with modern finishes and contemporary architecture
  • Finished basement with 9' ceilings plus kitchenette and lock-off—built-in rental flexibility
  • No HOA (per listing) — fewer fee-based constraints
  • Prime Park Hill address: walkable to City Park, close to Stanley Marketplace and major employment centers
  • Semi-custom presale allows some buyer selections (timing dependent)

Key Findings

  • 3 beds / 3.5 baths, ~1,917 SF finished living area (per developer listing)
  • Unit is a rear duplex unit on a subdivided lot in an 18,200 SF redevelopment
  • List price: $674,500; price/sf: ~$352 (as provided)
  • Finished basement includes kitchenette and lock-off option per listing — unique upside for rental income
  • Zoning listed as E-TU-B — intended to allow two-unit residential configurations; verify with City permitting

Things to Consider

  • No dedicated garage noted — parking may be limited and affect rental/owner desirability
  • Final delivery timing, finishes, and permits could create closing schedule risk (typical for presales)
  • Taxes and final assessed values not yet available — may impact cash-flow calculations for investors

Opportunity Analysis

Acquire a new-construction Park Hill duplex unit priced competitively for the submarket; capture value through owner-occupancy with supplemental basement rental income or convert basement into a long-term rental/short-term rental where permitted.

Potential Use Scenarios

  • Owner-occupy top units and lease basement kitchenette as long-term tenant to offset mortgage
  • Short-term rental strategy for basement if Denver STR regulations permit (check local rules and licensing)
  • Purchase during presale to select higher-end finishes that maximize resale value in 3-5 years

Risk Factors

  • Parking limitations and neighborhood parking controls
  • Regulatory changes affecting short-term rentals or duplex conversions
  • Market sensitivity to interest rates could lengthen time-to-rent or time-to-resale

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$640K

Midpoint

$675K

High

$710K

$352/SF estimated price per square foot

68% confidence

Estimate anchored to the developer list price of $674,500 and adjusted using area knowledge for new-construction Park Hill duplex units with finished basements and lock-off kitchens. No live MLS comparable pull; estimate reflects typical 3BR/3.5BA new units in Park Hill (2024-2026 market context).

As of 2026-03-12

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$675,000
Avg Days on Market25 days
Inventory2 months
1-Year Appreciation+400.0%

Demographics

Population (1 mi)30,000
Median Income (1 mi)$70,000

Park Hill has seen steady demand from families and young professionals; mix of long-term residents and recent infill buyers pushes moderate price appreciation.

Nearby Points of Interest

  • City Park (0.5 mi)
  • Stanley Marketplace (1.7 mi)

Walking distance to City Park (Denver Zoo and Museum of Nature & Science), neighborhood restaurants and coffee spots in Park Hill, easy access to Stanley Marketplace, York Street Yards, and major routes into downtown Denver.

School District

DistrictDenver Public Schools (DPS)
ElementaryPark Hill Elementary (Denver Public Schools) - approx. rating 5/10
MiddleHill Middle School / site-specific assignment can vary; approximate rating 5/10
HighEast High School (Denver) - approx. rating 8/10

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2026
Constructionwood frame with contemporary finishes (developer description)
Stories2
Basementfinished
FireplaceNo
Conditionnew

Lot & Site

Lot Size0.0517 acres (2,250 SF)
Topographylevel
Parkingon-street_parking|null
FrontageLot is part of a larger development parcel subdivided for four duplex lots; rear-unit location.

Utilities

Watermunicipal (City & County of Denver) - assumed
Sewermunicipal (City & County of Denver) - assumed
ElectricXcel Energy (likely)
Gasnatural gas (likely)

Zoning & Land Use

Zoning CodeE-TU-B (as listed in developer notes)
DescriptionE-TU-B is cited in project materials; in Denver zoning frameworks this generally indicates lower-scale residential/mixed urban duplex/two-unit allowances aimed at preserving neighborhood character while allowing two dwelling units on a lot. (Developer-provided zoning code; verify with City Planning.)
JurisdictionCity and County of Denver

Allowed Uses

Two unit residential (duplex) and associated accessory uses (subject to Denver code and site plan approvals)Possibly short term rental or accessory dwelling uses where permitted by local ordinance (verify local STR rules)Limited site coverage and specific setback requirements per City zoning
Current Useresidential

Tax & Sale History

Tax Assessment

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