1532 Steele Street, Denver, CO 80206 (MLS # 7506029)

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PRICE $999,000 BEDS 4 BATHS 3 HOME SIZE 2,823 sqft LOT SIZE 6,099 sqft Request More Info Schedule a Showing

Location is everything, and this City Park South gem sits on a beautiful wide street just two blocks from the park. Perfectly positioned for those who want to walk to the Bluebird Theater, local boutiques, and the neighborhood's best dining. This 1895 Denver Square up/down duplex has a Victorian soul with incredible investment potential. A vibrant color palette of sky blue and pink highlights exquisite Victorian details like the original corbels, dental molding, and fluted columns. Fresh landscaping and a bay window offer immediate curb appeal, but the real magic is the versatility of the space; rent both units or live in one while your tenant pays the mortgage for the ultimate house hack. The upper unit is a sun-drenched retreat featuring two bedrooms, a rare 1.25 bath configuration, and the ultimate convenience of in-unit laundry. Vaulted ceilings and exposed brick create an airy, loft-like feel, while the large living room opens onto a private balcony. The lower unit offers two spacious bedrooms, a full bath, and a sprawling rear deck that was recently improved for premier outdoor entertaining. Both units boast beautiful original hardwoods, high-efficiency windows, newer A/C and updated electrical systems. The property sits on a generous lot with a large double-door garage and alley access, presenting a massive value-add opportunity. With the separate side entrance already in place, there is clear potential for a third unit in the basement or even a detached ADU out back. Practicality upgrades include a renovated front upper deck featuring a custom pergola, and an expanded sprinkler system. Families and investors alike will appreciate the blue-ribbon education upside, as this home is situated in a triple-threat school district where all three levels are rated 8+. This is a rare chance to own a character-rich Victorian with modern mechanicals and massive equity-building potential in one of Denver's most walkable and sought-after pockets.