Homes for sale - 711 S Lipan ST, Denver, CO 80223

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Jason Shiri

team@cohomesold.com +1(720) 490-7720

$430,000

Est. payment - /mo

3 Beds

2 Baths

1,083 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,083 sqft

Price per Sqft $397

Subdivision Athmar Park 3

MLS Listing ID 9950779

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,083

Year Built 1956

Annual Tax Amount $1,971

Tax Year 2024

Lot Size 6,400 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Source recolorado

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.

Location

State CO

County Denver

Zoning E-SU-DX

Rooms

Main Level Bedrooms 3

Interior

Heating Forced Air

Cooling None

Flooring Vinyl, Wood

Fireplace N

Appliance Dishwasher, Disposal, Oven, Range, Refrigerator

Exterior

Exterior Feature Garden, Private Yard

Parking Features Unpaved, Gravel

Fence Full

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Wood Siding

Schools

Elementary Schools Goldrick

Middle Schools Grant

High Schools Abraham Lincoln

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by Compass - Denver

Q U I C K S E A R C H

711 S Lipan ST Denver, CO 80223