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Source Home Group

admin@sourceofhome.com +1(970) 528-0604

$395,000

Est. payment - /mo

3 Beds

2 Baths

1,083 SqFt

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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 $364

Subdivision Athmar Park 3

MLS Listing ID 5226187

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1956

Lot Size 6,400 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

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

Interior

Heating Forced Air

Cooling None

Flooring Vinyl, Wood

Appliance Dishwasher, Disposal, Oven, Range, Refrigerator

Exterior

Exterior Feature Garden, Private Yard

Fence Full

Waterfront Description Public

Roof Type Composition

Porch Covered, Patio

Private Pool No

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Elementary: Denver 1, Middle/Junior: Denver 1, High: Denver 1

Others

Senior Community No

Tax ID 5164-04-017

Special Listing Condition None Known

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Listed byReal Broker, LLC DBA Real

Nearby School & Business

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Source Home Group

+1(970) 528-0604

Agent FA.100072314

711 S Lipan ST Denver, CO 80223

Source Home Group

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information