Residential Income · Under Contract

1024 Lipan Street

Denver, CO 80204

3 Beds · 2 Baths · 1,687 Sq Ft

$650,000

Duplex

Property Type

0.09 acres

Lot Size

1885

Year Built

$385

Price per Sq Ft

2

Parking Spaces

3829232

MLS #

About This Property

Exceptional opportunity to own a rare up/down duplex in Denver’s highly desirable Lincoln Park neighborhood. Whether you're looking for a house hack, multigenerational property, or long-term investment, this property offers multiple income & ownership strategies. The property includes two self-contained 2-bedroom, 1-bath units , detached oversized 2-car garage. 3,750 sq.ft. lot zoned U-TU-B offering potential for future redevelopment as a new duplex, subject to zoning & city requirements. Historic character includes etched glass above the front door, high ceilings & original charm, complemented by modern updates. The sun-filled living room features wood floors & opens to a dining area & updated kitchen w/new cabinetry & granite countertops. 2 bedrooms share a beautifully renovated custom-tile full bath, in-unit laundry. 1 bedroom provides private access to the fenced backyard. Estimated rental potential is $2,750–$3,000/month. The upper-level unit offers 2 bedrooms, 2nd custom-tile full bath, in-unit laundry, a spacious eat-in kitchen that opens to the living room. A private balcony provides neighborhood views & a glimpse of the sun setting behind the foothills. The unit is currently leased at $1596/month. The detached oversized 2-car garage adds another valuable income opportunity and is currently leased to a tenant. Keep it as an income-producing asset, reserve it for personal use, or offer it to future tenants. Outdoor space includes a large covered front porch and a private fenced backyard with firepit—perfect for

entertaining or relaxing. Electric baseboard heat serves both units. Walkable Lincoln Park location near Auraria Campus, downtown Denver, and the Santa Fe Arts District. Enjoy easy access to restaurants, entertainment, transit, and the many amenities of central Denver. Buyers to independently verify financing eligibility, rental income, zoning, redevelopment potential, and all property information.

56 days on market

Listed by Carrie Hill · Rocky Mountain Real Estate Inc · CARRIE@RMRE-INC.COM,303-579-9449

Last updated: 10/31/2026 8:59 PM · Source: REcolorado®, MLS#: 3829232

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Property Details

Key Details

Property Type Residential Income
Sub Type Duplex
Status Active Under Contract
Price per Sq Ft $385
Subdivision Lincoln Park
MLS # 3829232
Days on Market 56
Bedrooms 3

More Details

Year Built 1885
Lot Size (Sq Ft) 3,750
Acres 0.09
HOA No
Annual Taxes $3,186
State CO
County Denver
Zoning U-TU-B

Interior

Heating Baseboard, Electric
Cooling Air Conditioning-Room
Flooring Tile, Vinyl, Wood
Appliances Dishwasher, Microwave, Oven, Refrigerator

Exterior & Parking

Exterior Features Balcony, Fire Pit, Private Yard
Garage Yes
Garage Spaces 2
Parking Features Concrete, Oversized, Storage, Exterior Access Door
Roof Composition

Building & Lot

Basement Unfinished
Lot Features Corner Lot, Level
Architectural Style Victorian
Levels Two
Construction Frame, Wood Siding
Sewer Public Sewer
Water Source Public

Terms & Other

Senior Community No
Special Conditions None Known

Location

Price History

DateEventPrice
10/31/2026 Active Under Contract
Source: REcolorado® #3829232
—
10/25/2026 Back on market
Source: REcolorado® #3829232
—
10/25/2026 Active Under Contract
Source: REcolorado® #3829232
—
10/8/2026 Price change
Source: REcolorado® #3829232
$650,000 -13.3% $385/sqft
9/14/2026 Listed for sale
Source: REcolorado® #3829232
$750,000 $445/sqft

Based on information submitted to the MLS GRID as of November 9, 2026 at 4:49 PM MST. 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.

Listing information last updated October 31, 2026 at 8:59 PM.

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