2543 River Drive, Denver, CO 80211 (MLS # 7505687)

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View Virtual Tour PRICE $725,000 BEDS 2 BATHS 2 HOME SIZE 1,472 sqft LOT SIZE 1,743 sqft Request More Info Schedule a Showing

Welcome to this charming Victorian duplex at 2543-2545 River Drive"”one of the best blocks in Jefferson Park. Originally built in 1896 as a single-family home, it's now a thoughtfully converted up/down duplex with strong rental income and endless flexibility for investors or house hackers. Brings in $55,500 gross income annually, cap rate is 6%. Each unit is a mirror image: one bedroom, one bathroom, with bright and open layouts (761 & 711 sq ft). Both feature their own front porch and share a cozy backyard, making them equally inviting for long-term tenants, Airbnb/short-term rentals, or a live-and-rent setup. The upstairs unit showcases original character with hardwood floors, high ceilings, and a large picture window that fills the space with natural light. There's also an unfinished attic with electrical, rough plumbing for a bathroom, and partial framing already in place"”ideal for adding value and creating future expansion Both kitchens are updated with solid surface counters, stainless steel appliances, modern cabinetry, and bar seating. Bedrooms are comfortably sized with generous closets and attached full baths for convenience. The lower unit is above grade with ample windows, laminate flooring, and a large closet. Additional perks include dedicated laundry for each unit, plenty of storage, separate front and back entrances, split electric/gas meters, and central AC upstairs. And the location? Unbeatable. Just one block to Jefferson Park and Briar Common, with an easy walk to Mile High Stadium, the aquarium, LoHi, Union Station, and quick highway access. Recent updates: full exterior painting 2025, new water heater in lower level, new windows lower level + replaced main picture window in upper unit. This is a rare opportunity to own a piece of Denver history with excellent income potential in a neighborhood that continues to grow, keep an eye out for the area redevelopments along the i-25 corridor of the River Mile and Stadium District