Here’s a rare University‑area duplex that checks the boxes for both hands‑on investors and buyers who want to live where they invest. Located just blocks from the Yale Street light‑rail stop and roughly a half‑mile from the University of Denver, 4585/4587 E Yale Ave offers two mirror 3‑bedroom units (6 beds total) across 2,257 sq ft on a deep 6,600 sq ft lot.
The owner’s side has been thoughtfully updated and shows well in photos — improved finishes, functional kitchen flow and an added basement bonus room with its own outside access that can serve as a home office, storage, gym or study. The tenant side is being held as a long‑term rental on a month‑to‑month agreement and is being marketed in rental condition; that unit comes with a covered carport for convenience. The property’s on-site parking (1‑car garage + carport) is a meaningful advantage in this part of Denver.
This is a textbook house‑hack: owner‑occupy the updated side to access residential financing and collect rent from the other unit — drastically improving cash flow and total return. Alternatively, maintain both units as rentals and benefit from the steady student, grad, and faculty demand near DU. The lot gives you options for exterior improvements, storage sheds, or simple yard upgrades to increase tenant appeal.
Mechanicals and roof details should be verified during inspection, but overall the property presents a functional, low‑maintenance small‑multi opportunity in a high‑demand, transit‑adjacent pocket of southeast Denver. Seller is also offering information about an additional nearby duplex they own if you’re looking to scale into a 4‑unit cluster. Contact listing agent Angela Fox for details, rent roll, and showings.