Property
ActiveResidential
1/38
$1,495,000

517 Josephine Street

Denver, CO 80206
4
Beds
2
Baths
2,278
SqFt
0.11
Acres
RECOLORADO
#2753687
Updated: May 27, 2026, 4:30pm

Property Description

**Cherry Creek North for less than $1.5m and $2m cheaper than any other SF home in the entire neighborhood! Add to that, the potential rental income of having two units within the same home (which is how the current owner operates the property)** Surrounded by multi-million dollar homes in the heart of Cherry Creek North! The lot itself is zoned for two 3-story tall town homes with an additional ADU (accessory dwelling unit) in the back - a 3-bay garage with another residential unit on top of the garage. The upside to this property is significant! As it sits now, it's making money due to the rental at the basement level and tremendous amount of parking. Open up the entire home all for you or continue to rent one or both units! Buy now, build equity, develop later! Incredible area - 1 block to amazing restaurants, Cherry Creek Mall 2 blocks away, walk everywhere! HUGE garage with electricity as well as your own private driveway, new roof & gutters, new water heater, remodeled kitchen upstairs and downstairs. Both bathrooms have been remodeled, upstairs is the original and massive claw-foot cast iron tub. Back yard is GORGEOUS, private and quiet. Stamped concrete patio, pergola and lots of exterior lighting, some no-maintenance/xeriscaping features have been incorporated to save on water! Professional landscaping, lovely garden area and flagstone patio on the south side of the home, beautiful mature trees and newer fence. English ivy and huge lilac tree. Lovely fully enclosed sun porch at the front of the home, finished and currently being used as an office space and additional living space. LED and solar lighting features. This home has been well maintained, loved and cared for. One of the original homes in Cherry Creek North! Buyer and buyer agent to verify ALL. There's lots of possibilities and tremendous upside with this one. Check zoning with the city and county of Denver. This is a lovely home in the BEST neighborhood in Denver and is move in ready!
Included Appliances
CooktopDishwasherDisposalDryerFreezerGas Water HeaterMicrowaveOvenRangeRange HoodRefrigeratorSelf Cleaning OvenSmart Appliance(s)Sump PumpWasherWater Purifier

Property Details

Interior
Above Grade Finished Area
1280
Appliances
CooktopDishwasherDisposalDryerFreezerGas Water HeaterMicrowaveOvenRangeRange HoodRefrigeratorSelf Cleaning OvenSmart Appliance(s)Sump PumpWasherWater Purifier
Basement
Exterior EntryFinishedFullInterior EntrySump PumpWalk-Out Access
Below Grade Finished Area
998
Building Area Total
2278
Cooling
Central Air
Fireplace Features
BedroomGasGas LogLiving RoomRecreation Room
Fireplaces Total
2
Flooring
CarpetTileWood
Furnished
Negotiable
Heating
Baseboard
Interior Features
Built-in FeaturesCeiling Fan(s)Granite CountersHigh Speed InternetMarble CountersPantrySmoke FreeSolid Surface CountersStone CountersWalk-In Closet(s)
Laundry Features
SinkIn Unit
Living Area
2278
Room Count
14
Security Features
Carbon Monoxide Detector(s)Smart LocksSmoke Detector(s)Video Doorbell
Construction
Also Marketed As
Residential IncomeLandResidential
Building Area Source
Public Records
Construction Materials
BrickFrame
Direction Faces
East
Levels
One
Number Of Units Total
2
Property Condition
Updated/Remodeled
Roof
Composition
Structure Type
House
Year Built
1907
Site & Exterior
Exterior Features
Dog RunGardenLightingPrivate YardRain Gutters
Fencing
Full
Garage Spaces
2
Lot Features
IrrigatedLandscapedLevelMany TreesNear Public TransitSprinklers In FrontSprinklers In Rear
Lot Size Acres
0.11
Lot Size Area
4777
Lot Size Square Feet
4777
Lot Size Units
Square Feet
Offstreet Spaces
2
Parking Features
ConcreteGravelExterior Access DoorGuestLightedStorage
Parking Total
5
Patio And Porch Features
CoveredFront PorchPatio
Reserved Spaces
Yes
Road Surface Type
Alley PavedPaved
Sewer
Public Sewer
Water Included
Yes
Water Source
Public
Well Type
Community
Zoning
G-RH-3
Financials
Contract Earnest Check To
Stewart Title
Contract Min Earnest
25000.00
Exclusions
Personal property. This property can be purchased with some of the furnishings (most/all basement furniture). Negotiable.
Home Warranty
No
Ownership
Agent Owner
Parcel Number
5016-34-034
Special Listing Conditions
None
Tax Annual Amount
5358
Tax Legal Description
HARMANS SUB 05016 B1 PART PLOT 10 N 37 1/2 FT OF SD PLOT &PART DIF BEG 37.5FT S OF NW COR SD PLOT TH E 53.5FT TO TPOBS 3.5FT E 25FT N 3.5FT TH W TPOB
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
Senior Community
No
Subdivision Name
Cherry Creek North
Schools
Ratings
Elementary
Bromwell
Middle
Morey
High
East
Elem. District
Denver 1
Middle District
Denver 1
High District
Denver 1
Listing provided courtesy of RECOLORADO via IDX. Updated: May 27, 2026, 4:30pm.
Sara Hankenson

Listing Agent

Sara Sells Colorado

Call Agent