CO
Denver
Denver
80223
711 S Lipan Street
711 S Lipan Street, Denver, CO 80223
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Listing Type
Single Family
Listing Status
active
16
$430,000

Home Details for 711 S Lipan Street

Price
$430,000
Type
Residential
Bedrooms
3
Bathrooms
2.0
Square feet
1083
Year built
1956
Lot size acres
0.15
County
Denver
Total rooms
7
Garage
Days on site
103
MLS Listing#
9950779
Property Description

Welcome to your ideal Athmar Park home! This charming 3-bedroom, 2-bath ranch-style residence offers timeless mid-century curb appeal on a generous 6,400 sq ft lot. With original hardwood floors and a functional, open layout, the home combines classic character with modern potential. The highlight is the expansive, level backyard—perfect for entertaining, gardening, adding an ADU, or simply enjoying the mature trees and outdoor space. Located in the heart of Athmar Park, one of Denver’s most beloved and historic neighborhoods, this home offers quick access to Federal Blvd, Santa Fe Drive, I-25, and downtown Denver. Enjoy being steps away from local parks including Aspgren, Huston Lake, Vanderbilt, and Habitat Park. Whether you're commuting or exploring the city, this location is unbeatable. Solidly built and full of opportunity, 711 S Lipan St is move-in ready with room to personalize, making it a rare find in both value and location. Don’t miss your chance to call this vibrant neighborhood home! Seller is offercing Closing Cost Concession up to 2%! This property at 711 S Lipan St also functions as a strong-performing investment asset in Denver’s thriving rental market. Currently leased at approximately $2,800 per month, it benefits from the high demand for 3-bedroom homes in the Athmar Park area (Rental rates range from $2,600-$3,300 in this area. With $33,600 in annual rental income and a purchase price of \$430,000, the property yields a gross cap rate of approximately 7.8%—a compelling return compared to the typical 4–5% rates in surrounding neighborhoods. Year over year, it has demonstrated consistent rental performance, making it not only a welcoming primary residence but also a savvy, income-generating opportunity for investors.

Property Features
  • Parking
    • Unpaved
    • Gravel
  • Cooling Information
    • None
  • Heating Information
    • Forced Air
  • Water Features
    • Public
School Information
School Information for 711 S Lipan Street, Denver, CO 80223
Elementary School
Goldrick
Middle School
Grant
High School
Abraham Lincoln
Listing Courtesy: Compass - Denver - 303-536-1786
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Median Listing Price
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Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).
EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
383 Inverness Parkway Suite 140, Englewood, CO 80112
Sheryll White Broker. 303 790 7200
Dawn Campbell
Associate Broker
Office
303 790 7200
Agent
303 408 3229
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