$750,000
4585/4587 E Yale Ave, Denver, CO 80222
Updated Duplex Near University of Denver — 6BR, Garage + Carport
6 Bed · 2 Bath · 2,257 Sq Ft
House‑hack or turnkey investor: updated owner unit + rented tenant unit.
6
Beds
2
Baths
2,257
Sq Ft
1958
Built
0.15 acres
Lot
1‑car garage (owner unit) + 1 carport (tenant unit)
Garage
About 4585/4587 E Yale Ave
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.
Home Highlights
Property Features
Interior Features
- Two mirror 3BR/1BA units — 6 beds total
- Updated owner-side with modern finishes
- Basement bonus room with exterior access (owner unit)
- Washer/dryer hookups in both units (per listing)
- Functional floorplans ideal for roommates or student leases
Exterior & Lot
- 6,600 sq ft lot with yard space
- 1-car attached garage for owner unit
- Carport for tenant unit
- Street-level access to Yale Ave; sidewalks and mature street trees
- Opportunity for landscaping or storage additions
Location & Neighborhood
- Walkable to Yale Street light rail station (~0.2 mi)
- Approx. 0.5 mi to University of Denver
- Easy access to local shops, cafés and neighborhood parks
- Quiet residential street with mixed single-family and small multifamily
Walkability & Recreation
- Walkability Rating: 78/100
- Nearby green space and neighborhood parks within a few blocks
- Biking and transit options for campus and downtown commutes
Neighborhood & Location
The Yale Ave / University of Denver corridor blends quiet residential blocks with a steady rhythm of campus life. Streets are lined with a mix of post‑war single‑family homes and small multifamily properties; local cafés, quick-service restaurants and light rail create strong rental demand. This neighborhood attracts students, faculty, young professionals and investors seeking proximity to DU and convenient transit.
Market Insights
This property sits in a tight submarket of southeast Denver that consistently outperforms metro averages because of university adjacency and transit access. As of early 2026 inventory remains compressed and demand is strongest for properties that can accommodate roommates or student groups. Median sale prices in close‑in Denver neighborhoods are elevated relative to the broader metro; small multifamily assets are particularly sought after by local investors pursuing income plus appreciation. Expect an active buyer pool of owner‑occupiers, buy‑and‑hold investors, and 1031 exchange buyers. Short term: seller pricing at $750K places the asset competitively given the updated owner unit; medium term: rent growth and appreciation should continue to benefit well‑located properties near DU and light rail.
Nearby Schools
Platt Elementary (Denver Public Schools)
Elementary · 1.0 mi
Skinner Middle School (DPS feeder)
Middle · 1.2 mi
South High School
High · 1.5 mi
University of Denver
Higher Education · 0.5 mi
Walkability & Recreation
Short walks to neighborhood parks, easy bike routes and quick transit to larger regional parks. Basement bonus room provides private indoor activity space.
Investment Highlights
- Two side-by-side 3BR/1BA units — total 6 beds and 2 baths across 2,257 sf
- Owner unit updated; basement bonus room with exterior access adds functional space
- Walkable to Yale Street Station and University of Denver — strong rental demand
- Onsite parking: 1-car garage + carport (rare in student-heavy neighborhoods)
- House‑hack financing possibility for owner-occupants to lower borrowing costs
Key Findings
- List price $750,000 (provided by listing) at ~$332/sf
- Lot size: 6,600 sqft provides exterior flexibility
- One unit occupied by long-term tenant (month-to-month); the other side shows updates and is suitable for owner-occupancy or higher-rent re‑let
- Built in 1958; general condition appears 'good' with visible updates on owner side
- Strong location dynamics near University of Denver and light rail
Things to Consider
- Limited public data on age/state of mechanical systems, roof, and major components — recommend full property inspection
- Tenant-side is rental-condition; updating to market‑rate could require capital
- Zoning/legal review recommended if buyer considers adding units or major exterior reconfiguration
Opportunity Analysis
Buy for stable near-term cash flow with owner-occupancy to access residential financing, then perform light unit updates to increase rents and long-term value. Opportunity for a small investor to accumulate similar properties (seller notes an additional duplex available) to scale a college-area rental portfolio.
Potential Use Scenarios
- Owner-occupy the updated unit to qualify for more favorable mortgage terms, keep tenant in place
- Make targeted improvements to tenant unit (kitchen/bath cosmetic upgrades, mechanical check) to lift rents
- Consider purchasing paired duplex offered by owner to create a 4‑unit cluster and gain operational efficiencies
Risk Factors
- Potential capital expenditures on tenant unit and unknown mechanical items
- Tenant turnover risk during repositioning
- Local regulatory changes to short-term/student rentals could affect demand
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$700K
Midpoint
$740K
High
$780K
$332/SF estimated price per square foot
Estimate anchored to the provided list price ($750,000) and price/sf (provided as $332). Range reflects duplex configuration, condition differences between units, lot size (6,600 sqft), and proximity to University of Denver/Yale Street transit. No live comp search performed.
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
Demographics
University-adjacent neighborhoods see steady demand from students, university staff, and young professionals. Moderate household income with pockets of investor-owned rental stock.
Nearby Points of Interest
- University of Denver (0.5 mi)
- Yale Street Light Rail Station (0.2 mi)
Close walk or short drive to University of Denver, nearby shops, cafés, parks and transit; strong student and faculty rental demand.
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
Are You the Listing Agent?
Claim this property page to feature your contact info, photos, and list price.
Claim This Listing — $49One-time fee. Your info appears on this page across CompCasa.
Request a Showing
Connect with a licensed local agent in this area.
Request a ShowingAre you a buyer's agent?
Claim ZIP 80222 — $49/yrProperty details may be compiled from public records, MLS-derived data, and automated analysis. Agent claim indicates the agent has claimed this profile or confirmed representation of the property; it does not mean the agent has verified all property details.