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Backup Offers

3238-3240 N Madison St, Denver, CO, 80205

$599,000

Home List Price

$7,113*

Closing Credit

3 Bedrooms
2 Full Baths
1,420 SqFt
$422/SqFt
House

Location

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3238-3240 N Madison St, Denver$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1945
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #5167112
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Pending)

About 3238-3240 N Madison St

Don't miss this rare opportunity to own a property with significant income potential. Welcome to 3238-3240 Madison Street, a charming mid-century styled brick duplex in the heart of Denver. This listing offers an exceptional investment opportunity for first-time buyers and seasoned investors alike. The upstairs 2-bedroom, 1-bathroom unit is move-in ready, boasting recent renovations including newer double-pane windows, fresh paint, modern lighting, an updated bathroom, newer appliances, and a thoughtfully designed layout. The garden-level 1-bedroom, 1-bathroom unit is currently leased for $1,500 per month until February 2025 and has its own private entrance. Both units share a convenient laundry/utility room in the basement, complete with washer and dryer, and offer additional storage space. Recent property improvements include a recoated roof (2024), a brand-new water heater, and a new central air conditioning system. The sewer line has been updated to PVC. Step outside into your spacious backyard on this nearly 8,000 square foot lot, where the possibilities are endless. Expand your living space, build a garage or ADU(s), or create your own private oasis with gardening and entertaining areas. The large shed provides ample storage for tools and toys, and the fenced yard offers a secure haven for pets. With alley access, you can park up to 6 vehicles, including large RVs and boats. Located in the historic Clayton neighborhood, this property is close to highways, coffee shops, parks, restaurants, and the City Park Golf Course. Don't miss this rare opportunity to own a property with immense potential at a price below $600,000. Utilize this income property to offset your mortgage payment or potentially live rent-free. Financing incentives are available. Contact listing agent Bobby Reginelli for more details. Open House: Saturday, November 16th, 11:00 AM - 12:00 PM. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1945
  • Living Area: 1,420 SqFt

Listing Office:

  • Office Name: MODUS Real Estate
  • Office Phone: (720) 636-6096
  • Listing Agent: Bobby Reginelli

Interior Features

Interior Information:

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Concrete, Linoleum, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Garden, Private Yard, Rain Gutters

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $422/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

3238-3240 N Madison St vs Denver

3 DAYS ON ROCKET

-43 Days

$599,000

+$14K More

$422/SqFt

+$47 More

KEY TAKEAWAY

This property is $14K more than the Median Sold Price and $47/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: #5167112

Listing Office:

  • Office Name: MODUS Real Estate
  • Office Phone: (720) 636-6096
  • Listing Agent: Bobby Reginelli

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

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.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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, 2:12:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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-446738
8
/10
  • Steck Elementary School

  • 450 Albion St

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-446739
10
/10
  • Bromwell Elementary School

  • 2500 E 4th Ave

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-446740
8
/10
  • Teller Elementary School

  • 1150 Garfield St

  • 1.10 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,969. The majority of Denver, CO residents have income between $100k-200k annually. The majority of 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 3238-3240 N Madison St

What is the listing price of this property?

The listing price of 3238-3240 N Madison St property is $599,000.

What type of property is this?

The property 3238-3240 N Madison St is a house located in Denver, Colorado, 80205.

Is this property for sale now?

Accepting Backup Offers: 3238-3240 N Madison St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 3238-3240 N Madison St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3238-3240 N Madison St is 1,420 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3238-3240 N Madison St is 1945.

Rocket Homes›Colorado›Denver County›Denver›80205›3238-3240 N Madison St

This home is located at 3238-3240 N Madison St in Denver, CO and zip code 80205 in the Southeast Denver neighborhood. This 1,420 square foot home, which was built in 1945, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $599,000.

In October 2024, from all listings sold in Denver, CO there were more than 185 sold above asking price, over 441 sold below and more than 217 were sold right at the asked price. The inventory of homes for sale in Denver, CO between September 2024 and October 2024 increased by 8.8%. In October 2024 median list price was $584,921 and the average listing age was 46 days.

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

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