$674,500
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
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.
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.
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.
Park Hill Elementary
Elementary · 0.5 mi
Hill Middle School (approximate feed)
Middle · 1.1 mi
East High School
High · 2.0 mi
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.
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.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$640K
Midpoint
$675K
High
$710K
$352/SF estimated price per square foot
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.
Park Hill has seen steady demand from families and young professionals; mix of long-term residents and recent infill buyers pushes moderate price appreciation.
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.
Market data is based on aggregated public records and may not reflect real-time conditions.
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