2429 S Cherokee Street
Denver, CO 80223
0.14 acres | #8080050

Description
This well-maintained property presents a rare combination of long-term development potential as well as immediate livability. Situated in a highly sought-after neighborhood experiencing rapid growth and redevelopment, the lot is ZONED FOR DUPLEX (U-TU-C) construction, making it an excellent opportunity for builders or investors looking to capitalize on the area's current trend of multi-unit development. For first-time home owners, this is an ideal starter home. It's move-in ready with major updates already taken care of: New roof in 2023, new sewer line 2019, new furnace 2019 and updated all flooring & paint in 2024. Live in this home for a few years and see the neighborhood continue to transform. Whether you’re looking to move in and live in the home, rent it out and hold as a long term investment, or begin the permitting process for a duplex build, this property offers flexibility for multiple strategies. Previously rented for $1649/month, it provides solid holding income while you plan your next steps.
Property Details
- Property SubtypeImproved Land
- Sewer InformationPublic Sewer
- Property TypePurchase
- SubdivisionOverland
- School DistrictDenver 1
- Original List Price$475,000
- MLS #8080050
- MLS #8080050
- CountyDenver
- Taxes Annual$2,531
- Cost425000
- Lot DescriptionLevel
- Acres0.14
Location
Legal
Based on information submitted to the MLS GRID as of 2025-07-29 19:47:17 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Garvin Laverick (#REC057476), Phone: 720-245-9956, Email: garvinlaverick@gmail.com
Listing Office: Coldwell Banker Global Luxury Denver (#RECCBR01)

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