3 months on rocket

1321 N Elati St, Denver, CO, 80204

$1,100,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Partial Baths
2,204 SqFt
$499/SqFt
Townhouse

Location

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1321 N Elati St, Denver$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAsphalt, Oversized
Year Built1940
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceDining Room, Family Room
ViewCity
MLS #3483146
Lot Size0.07 Acres
StatusActive

About 1321 N Elati St

Renovated in 2018, this 1940’s duplex has unbeatable convenience in the heart of the Civic Center Neighborhood. The property presents a unique live-work or investment opportunity, catering to those seeking the ultimate urban experience. Just steps away from the Denver Art Museum, History Colorado Museum, the City and State Courthouses, Denver Hospital, CU Denver and Metro State Colleges. An array of restaurants and shops are also within easy reach. The location is truly accessible, a walker's paradise, with a Walk Score of 94, Transit Score of 78, and Bike Score of 97 out of 100, it's a breeze to get around the city without relying on a vehicle. This property has been a successful investment property for the owners who have self-managed the units as furnished and unfurnished rentals. Currently, both units have lease agreements until May, 2025 with a gross income of $4,850 per month. The landlord pays water, tenants pay electric and gas. Expenses including insurance, maintenance and water total approximately $7,000/year. The owner has negotiable furniture to make the transition to furnished rentals in the future if you so choose. The lower unit, which comprises the entire bottom floor of the duplex, is a two-bedroom, 1.5-bath charmer, with a powder room and ensuite bathroom from the primary bedroom. The second-floor unit, accessible by interior stairs from the front porch has three large bedrooms and one bath. Both units boast vaulted ceilings, beautifully restored original hardwood floors and trim, as well as in-unit washer/dryers. Renovations created open floor plans, and updated bathrooms, kitchens, and appliances. Mechanical systems including the HVAC, A/C, hot water heater and plumbing were upgraded ensuring a truly turnkey living experience. Each unit has two off-street parking spots, a true rarity in the heart of the city. For outdoor enthusiasts, each unit has a basement that provides ample storage space to accommodate Colorado adventure gear!

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 2,204 SqFt

Listing Office:

  • Office Name: RE/MAX of Cherry Creek
  • Office Phone: (303) 331-4587
  • Listing Agent: Nicole Malo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Down Draft, Dryer, Freezer, Microwave, Range
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), Entrance Foyer, High Ceilings, Primary Suite
  • Fireplace: Dining Room, Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Balcony, Private Yard

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, Oversized

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $499/SqFt
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Housing Market Comparison

See how this home compares to others in Denver, CO.

Med. Sold Price

$584.9K

Med. Price/SqFt

$375

Avg. Days On Market

46

# of Sold Homes

843

1321 N Elati St vs Denver

101 DAYS ON ROCKET

+55 Days

$1,100,000

+$515K More

$499/SqFt

+$124 More

KEY TAKEAWAY

This property is $515K more than the Median Sold Price and $124/SqFt more than other homes in Denver, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #3483146

Listing Office:

  • Office Name: RE/MAX of Cherry Creek
  • Office Phone: (303) 331-4587
  • Listing Agent: Nicole Malo

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Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:12:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$5,558

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-532120
3
/10
  • Center for Talent Development at Greenlee

  • 1150 Lipan St

  • 0.41 miles

  • Public District Grades EE-5

school-card-donut-532121
6
/10
  • Downtown Denver Expeditionary School

  • 1860 N Lincoln St

  • 0.74 miles

  • Public Charter Grades KG-5

school-card-donut-532122
10
/10
  • Polaris Elementary School

  • 410 Park Ave W

  • 1.09 miles

  • Public District Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,275. The most common annual income of people living in Denver, CO is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1321 N Elati St

What is the listing price of this property?

The listing price of 1321 N Elati St property is $1,100,000.

What type of property is this?

The property 1321 N Elati St is a townhouse located in Denver, Colorado, 80204.

Is this property for sale now?

Active Listing: 1321 N Elati St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1321 N Elati St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1321 N Elati St is 2,204 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1321 N Elati St is 1940.

Rocket HomesColoradoDenver CountyDenver802041321 N Elati St

This home is located at 1321 N Elati St in Denver, CO and zip code 80204 in the Southwest Denver neighborhood. This 2,204 square foot home, which was built in 1940, sits on a 0.07 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $1,100,000.

Over 185 listings were sold over their listed price in October 2024 in Denver, CO. In the same period over 441 listings were sold below the listed price and 217 listings were sold for the listed price. The number of homes for sale in Denver, CO increased by 8.8% between September 2024 and October 2024. In October 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $584,921.

From Rocket Homes Real Estate and based on county public records data.

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