Investor-ready opportunity in a prime location directly across from the University of Denver campus. Currently rented at $5,000/ month with no vacancy for over 10 years. Current lease in place until Aug 31, 2026. This spacious townhouse offers a highly functional layout designed to maximize rental income and tenant appeal, with a strong history of consistent occupancy and proven performance as an income-producing property. Tenants are currently in place, and the buyer will assume the existing lease agreement, providing immediate cash flow. The main level features a welcoming entry foyer, comfortable living room, and open-concept kitchen and dining area ideal for everyday living and entertaining. A main-floor bedroom and spacious half bath add flexibility for tenants and guests. Upstairs, two generously sized primary bedrooms each include full en-suite bathrooms, while a separate laundry room with washer and dryer included adds convenience. The finished basement expands the living space with a sizable family room, two large secondary bedrooms, and a 3/4 bathroom, offering excellent versatility and a strong bedroom count for premium rental potential. Exterior highlights include a classic red brick facade with charming covered front porch, a private backyard featuring patio space, and an oversized detached two-car garage with additional storage space. With its unbeatable proximity to campus, solid rental history, and turnkey investment profile, this property presents a rare opportunity for investors seeking immediate income and long-term appreciation.
For sale
Price cut: $52.5K (4/2)
$884,500
2245 S High Street, Denver, CO 80210
5beds
2,907sqft
Est.:
Townhouse
Built in 2004
2,433 Square Feet Lot
$874,700 Zestimate®
$304/sqft
$-- HOA
What's special
Spacious townhouseFinished basementClassic red brick facadeCharming covered front porchSizable family roomFull en-suite bathroomsTwo large secondary bedrooms
- 46 days |
- 568 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2026 at 12:08pm
Listed by:
Harvey & Guy Homes Team 720-702-3847,
RE/MAX of Cherry Creek
Source: REcolorado as distributed by MLS GRID,MLS#: 3459564
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11 x 15
Bedroom
- Description: One Of Two Master Suites Upstairs
- Features: Primary Suite
- Level: Upper
- Area: 190 Square Feet
- Dimensions: 10 x 19
Bedroom
- Description: One Of Two Master Suites Upstairs
- Features: Primary Suite
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 12 x 14
Bedroom
- Level: Basement
- Area: 228 Square Feet
- Dimensions: 12 x 19
Bedroom
- Level: Basement
- Area: 195 Square Feet
- Dimensions: 13 x 15
Bathroom
- Level: Main
- Area: 42 Square Feet
- Dimensions: 6 x 7
Bathroom
- Features: Primary Suite
- Level: Upper
- Area: 99 Square Feet
- Dimensions: 9 x 11
Bathroom
- Features: Primary Suite
- Level: Upper
- Area: 98 Square Feet
- Dimensions: 7 x 14
Bathroom
- Level: Basement
- Area: 48 Square Feet
- Dimensions: 6 x 8
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 8 x 15
Family room
- Level: Basement
- Area: 230 Square Feet
- Dimensions: 10 x 23
Kitchen
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11 x 14
Laundry
- Level: Upper
- Area: 49 Square Feet
- Dimensions: 7 x 7
Living room
- Level: Main
- Area: 220 Square Feet
- Dimensions: 11 x 20
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Warming Drawer, Washer
- Laundry: In Unit
Features
- Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, Kitchen Island, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Windows: Window Coverings
- Basement: Bath/Stubbed,Finished,Full,Interior Entry
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,907
- Total interior livable area: 2,907 sqft
- Finished area above ground: 2,009
- Finished area below ground: 898
Property
Parking
- Total spaces: 2
- Parking features: Exterior Access Door, Lighted, Oversized, Storage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Lighting, Private Yard, Rain Gutters
- Fencing: Partial
Lot
- Size: 2,433 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 526231025
- Zoning: U-RH-3A
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Brick, Frame, Wood Siding
- Roof: Composition
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Connected, Internet Access (Wired), Natural Gas Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: University
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $909,100
- Annual tax amount: $4,532
- Date on market: 2/20/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Tenants' Personal Property
- Ownership: Individual
- Lease term: 12 Months
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$874,700
$831,000 - $918,000
$4,512/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Price change | $884,500-5.6%$304/sqft |
Source:  REcolorado as distributed by MLS GRID #3459564 Report a problem | ||
| 2/20/2026 | Listed for sale | $937,000+108.2%$322/sqft |
Source: REcolorado as distributed by MLS GRID #3459564 Report a problem | ||
| 8/27/2008 | Sold | $450,000-9.1%$155/sqft |
Source: Public Record Report a problem | ||
| 5/11/2008 | Listing removed | $495,000$170/sqft |
Source: Listhub #565247 Report a problem | ||
| 4/21/2008 | Listed for sale | $495,000+16.5%$170/sqft |
Source: Listhub #565247 Report a problem | ||
| 3/4/2005 | Sold | $425,000+214.8%$146/sqft |
Source: Public Record Report a problem | ||
| 7/2/1997 | Sold | $135,000+22.7%$46/sqft |
Source: Public Record Report a problem | ||
| 10/9/1995 | Sold | $110,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,434 +9.6% | $57,220 -5.4% |
| 2023 | $4,045 +3.6% | $60,490 +18.9% |
| 2022 | $3,904 +24.5% | $50,860 -2.8% |
| 2021 | $3,135 +2.9% | $52,320 +23.9% |
| 2020 | $3,047 -11.2% | $42,242 -0.7% |
| 2019 | $3,433 | $42,538 -4.1% |
| 2018 | $3,433 +0.3% | $44,370 |
| 2017 | $3,422 -0.7% | $44,370 +0.6% |
| 2016 | $3,447 +5.7% | $44,120 |
| 2015 | $3,261 0% | $44,120 +12.4% |
| 2014 | $3,262 | $39,260 |
Find assessor info on the county website
Monthly payment
Est. payment
$4,691/mo
Principal & interest
$4330
Property taxes
$361
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Climate risks
Neighborhood: University
Nearby schools
GreatSchools rating
- 8/10Asbury Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Grant Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10South High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Asbury
- Middle: Grant
- High: South
- District: Denver 1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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