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Status: Active

1518 S Sherman St #1520 
Denver, CO 80210

0% Drop

$1,334,000

$1,333,000

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Sellers offering $10,000 Credit At Closing!! In the heart of Platt Park, this rare FULL duplex on a double lot offers a turnkey investment with proven rental income—or the perfect setup for house hackers looking to offset their mortgage-or an ideal mother-in-law suite! This property includes two fully separate units—1518 (North Unit) and 1520 (South Unit)—each with private entrances, kitchens, laundry, patios and yard access, ideal for both short- and long-term rental strategies. 1518 S Sherman is a 4-bedroom, 2-bath home recently updated with tasteful finishes and configured for maximum livability. The front bedroom, perfect as an office or guest room, is filled with natural light. Two more bedrooms line the hallway beside a large bath, offering excellent rental or roommate potential. The primary suite at the back features a four-piece ensuite bath. The open layout includes a bright living and dining area, plus a well-equipped kitchen with a brand-new oven and a cozy breakfast nook. This unit previously rented under market value for $3,200/month and has strong upside for furnished mid- or short-term stays. 1520 S Sherman, the 1-bedroom, 1-bath unit, is a proven short-term rental performer. Vaulted ceilings create an inviting atmosphere, while the open kitchen, in-unit laundry, and upstairs primary suite offer an ideal setup for guests. Historically averaging $2,700/month in Airbnb revenue. Sitting on a 6,250 sq ft lot, this property offers valuable outdoor space. Each unit enjoys its own yard—front for 1518, back for 1520—with the option to reconfigure. A rare three-car garage adds secure parking or more rental appeal. Whether you're looking to house hack, invest in long-term equity, or enjoy the flexibility of multi-generational living, this full duplex offers a unique opportunity to generate income just blocks from South Pearl Street, the Platt Park Farmers Market, two light rail stops, and the soon-to-be-constructed National Women’s Soccer League Stadium!
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Bedrooms
5
Baths
3
House Size
3,276 sqft
Year Built
1897
Lot Size
0.14 ac
School District
Denver 1

Location

Market Insights

In the last 30 days, homes for sale in Platt Park, Denver, CO were on the market for a median of 32 days and 10% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Dryer
Gas Water Heater
Microwave
Oven
Refrigerator
basement
0 Bedrooms
0 Bathrooms
Unfinished
flooring
Laminate
Tile
Wood
Heating & Cooling
Central Air
Forced Air
main level
4 Bedrooms
2 Bathrooms
upper level
1 Bedroom
1 Bathroom

Exterior Information

features
Front Porch
Patio

Property Information

architectural style
Bungalow
construction
Brick
foundation
Block
lot
Level
neighborhood
Platte Park
parking
3 Spaces
road
Public
Paved
roof
Shingle
sewer
Public Sewer
stories
Two
utilities
Cable Available
Electricity Available
Electricity Connected
  • Listed By Kevin Shelledy
  • kevin.shelledy@compass.com
  • (720) 357-2650
  • Compass - Denver
  • (303) 536-1786
  • MLS 2019029

Monthly Payments Calculator

Estimated Monthly Cost

$8,434

30 year fixed·6.9% interest rate
Principal & Interest
$7,023
Property Taxes
$1,111
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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