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Villa Park Duplex 8BD/4BA Value Add

$590,000 • 8 Beds / 4 Baths • 3,400 SqFt

Available

Offer Submission Deadline

House Type 2-4 Unit
Bedrooms 8
Bathrooms 4
Year Built 1961
Approx.SqFt. 3400
Lot size SqFt. 6200
Garage No Garage

Description

Address: 4940 W 9th Ave, Denver, CO 80204

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This side-by-side duplex features 3 bed / 1 bath per unit (~1,700 sq. ft. each side) with partially finished basements offering the perfect setup to add a 1 bed / 1 bath to each side—boosting total potential to 8 bed / 4 bath.

Located in Denver’s Speer neighborhood, just minutes from Washington Park, Cherry Creek Trail, and South Broadway hotspots.

Exit Strategy: Multiple Paths for Strong Returns

This duplex offers serious flexibility for investors:

Legally separated—each side can be sold or rented independently.
Zoned for duplex use on each side, with separate basement entrances, allowing for an easy conversion to a 4-plex.

Estimated Returns:

Rent duplex: $2,800/month per side
Convert to 4-plex: $7,200/month per side
Sell as individual townhomes: $450,000 each side

The Deal

First Come First Serve $590,000

Earnest money of $10,000 holds the deal (submitted to Chicago Title, non-refundable)
Closing 6/26/2025 or Sooner

The Comps

Estimated ARV $900k

735 Utica St, Denver, 80204 - $465k
1420 Osceola Street, 80240 - $445k

The Details

Basic info: 3 bed / 1 bath/ 1,700 sq. ft. (Per side) can add an additional 1BD/1BR per side.
Basement status: half finished, usable, room to add room/bath
Cosmetics: Dated
Mechanicals: Needs new roof, furnace, WH. Owned solar on the 4940 unit.
HOA: N/A
Parking: 2 off-street
Occupancy: Delivered Vacant
Closing Date: 6/26/25 or Sooner