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Active Under Contract

1415 Osceola Street

1415 Osceola Street, Denver, CO 80204

$620,000

High-upside income property w redevelopment potential on a 6,250 sq ft RH-2.5 zoned lot. This oversized brick bungalow w a true lock-off basement apartment, allows for dual income streams & strong rent performance. Both the main level & basement feature tall ceilings & large sunny windows, a rare find that significantly boosts rental appeal. Separate laundry for each unit supports clean tenant separation & premium rents. Major capital improvements already completed, including new electrical & PEX plumbing (2017) reducing near-term maintenance risk. Beautiful, original wood floors & solid brick construction add durability & long-term value. Ideal for buy-and-hold investors, house hackers or developers seeking holding income while planning future expansion or redevelopment under RH-2.5 zoning (buyer to verify use and density.) Strategically located near Alamo Drafthouse Cinema, Sloan's Lake & Downtown Denver, w quick highway access--a high-demand rental corridor with strong appreciation fundamentals! Property being sold "as-is." upper level rented for $2500 & basement at $1400 (both under-market) Multiple offers received! Please submit highest and best by 6pm 1/10/2026

5
beds

2
baths

2,682 Sq.Ft. LIVING AREA

6,250 Sq.Ft. lot

June Schlesinger

title Real Estate Agent | Broker Associate
PHONE (303) 521-7292
EMAIL [email protected]
DRE # FA.040017650

Features & Amenities

Interior

total bedrooms5
Total bathrooms2
full bathrooms2
Laundry room In Unit
Flooring Wood
Fireplace Basement, Living Room
APPLIANCES Cooktop, Dishwasher, Dryer, Gas Water Heater, Oven, Refrigerator, Self Cleaning Oven, Washer
other interior Features High Ceilings, In-Law Floorplan

Area & Lot

Status Active Under Contract
Living Area2,682 Sq.Ft.
Total Area2,682 Sq.Ft.
Lot Area6,250 Sq.Ft.
MLS® ID3322225
TypeResidential
YEAR BUILT1923
NeighborhoodDenver
Architecture StylesBungalow
Elementary SchoolColfax
Middle SchoolLake Int'l
High SchoolNorth
School DistrictDenver 1

Exterior

STORIES1
Garage Space2.0
water SourcePublic
roofComposition
lot featuresLevel, Near Public Transit
HEAT TYPEHot Water, Natural Gas, Radiant
AIR CONDITIONINGEvaporative Cooling
sewerPublic Sewer
security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
other exterior FeaturesGarden, Private Yard

Financial

Sales Price$620,000
Real Estate Tax $3,730/yr
Zoning U-RH-2.5

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