Rare opportunity to purchase almost 2 Acres of raw land at $400K per Acre in the City of Denver. Homes across the street and in the immediate neighborhood have recently sold for $850,000 w/ lot sizes of 5500 sf. This parcel of land was recently zoned from S-SU-I to OS-B. While zoned S-SU, the parcel was estimated to accommodate up to 6 homesites. Seller has had powerlines relocated from the interior of the parcel to the right of way and paid for a Geotech Study.
Welcome to 3815 N Madison Street, located in the desirable neighborhood of Clayton in Denver, Colorado! This lot offers a great potential rental opportunity and is approved for an ADU. With building plans already ready to go and the foundation already established, you can start building your dream home today! This property is conveniently located close to I-70 and downtown, making it easy to get to City Park, the Denver Zoo, and the Denver Museum of Nature and Science. The .1435 acre lot is competitively priced at 335,000 and is ready for you to build your home and start living. Don't let this opportunity pass you by - schedule a showing today!
This is the last available multi-unit build sites in the area. Denver's picturesque Hilltop neighborhood offers the best of both worlds- tree-lined streets, access to beautiful parks, and close proximity to great shops, restaurants and breweries. The average household income exceeds $200k annually, and the majority of area households are owner occupied families. Centered between the Cherry Creek and Lowry neighborhoods, the parcel is 4 short blocks to Crestmoor Park, offers easy access to public transit, nestled next to a sweet pocket of commercial amenities such as Pete's Fruits & Vegetables, Park Burger and High Point Creamery. There is a 5-unit ranch-style building currently on the lot. Units range from 809sqft-911sqft, four 2/1 units and one 2/2. One water tap, 6 separate sub-meters. Property will support six, approximately 3500 sqft units. Previous site plan received concept approval from city development departments for SIX 4/4 townhome units with estimated $1.6M sale price per unit.
The median home value in Denver, CO is $550,000. This is higher than the county median home value of $531,900. The national median home value is $338,100. The average price of homes sold in Denver, CO is $550,000. Approximately 46.44% of Denver homes are owned, compared to 47.24% rented, while 6.33% are vacant. Denver real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Denver real estate agent to arrange a tour today!
Denver, Colorado has a population of 706,799. Denver is less family-centric than the surrounding county with 32.72% of the households containing married families with children. The county average for households married with children is 32.72%.
The median household income in Denver, Colorado is $78,177. The median household income for the surrounding county is $78,177 compared to the national median of $69,021. The median age of people living in Denver is 34.8 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 16.7 inches per year, with 60.2 inches of snow per year.