Property
ActiveResidential
1/5
$389,999

985 Xavier Street

Denver, CO 80204
4
Beds
2
Baths
768
SqFt
0.14
Acres
RECOLORADO
#2679156
Updated: May 3, 2026, 5:30pm

Property Description

Unit 1 (front): Previous tenant paid $2,270/mo, lease expires 7/31/2026; DELIVERED VACANT, buyer can occupy or re lease. Unit 2 (rear): Leased $1,469/mo through 6/2027, tenant in place. Total income potential: $3,739/month ($44,868 annually). Seller schedules new sewer line replacement prior to closing. $7,500 closing cost credit applies at settlement. 1 year Choice home warranty active/transferable. All inspection reports available: home inspection, sewer scope, asbestos disclosure. We are offering a sub $400k proven asset at a compelling cap and COC return. As such, and due to excellent concessions, the seller will demand a 7-day inspection period with $12,500 EM going hard at the inspection termination date. Showings only commence upon executed CBS. All offers through Coldwell Banker Realty.

Property Details

Interior
Above Grade Finished Area
768
Building Area Total
768
Cooling
Evaporative Cooling
Furnished
Unfurnished
H V A C Description
Mini Split
Heating
Forced Air
Interior Features
No Stairs
Laundry Features
In UnitLaundry Closet
Living Area
768
Room Count
10
Construction
Additional Living Structure
Yes
Also Marketed As
Residential IncomeResidential
Architectural Style
Bungalow
Building Area Source
Public Records
Construction Materials
FrameVinyl Siding
Direction Faces
East
Foundation Details
Slab
Levels
One
Livable Structure Count
Yes
Number Of Units Total
2
Property Condition
Fixer
Roof
Composition
Structure Type
Duplex
Year Built
1951
Site & Exterior
Electric
110V
Exterior Features
Private Yard
Fencing
Partial
Lot Features
Level
Lot Size Acres
0.14
Lot Size Area
6050
Lot Size Square Feet
6050
Lot Size Units
Square Feet
Offstreet Spaces
2
Parking Total
2
Road Frontage Type
Public
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Water Included
Yes
Zoning
E-TU-C
Financials
Contract Earnest Check To
First Integrity Title
Contract Min Earnest
12500.00
Exclusions
Seller personal property
Home Warranty
Yes
Lease Amount
3739
Lease Expiration
2027-06-30
Lease Term
Other
Ownership
Individual
Parcel Number
5066-06-012
Special Listing Conditions
None
Tax Annual Amount
2500
Tax Legal Description
L 45 & 46 EXC E 6 FT TO CITY BLACKS RESUB OF L 6 SMEDLEYSSUB
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
Distance To Bus Numeric
6
Distance To Bus Units
Minutes
Senior Community
No
Subdivision Name
Villa Park
Schools
Ratings
Elementary
Cowell
Middle
Strive Lake
High
North
Elem. District
Denver 1
Middle District
Denver 1
High District
Denver 1
Listing provided courtesy of RECOLORADO via IDX. Updated: May 3, 2026, 5:30pm.
Mike Gebhardt

Listing Agent

Coldwell Banker Realty 14

Call Agent