5038 W 29th Ave, Denver, CO 80212

$724,990 Asking Price

4 beds
2 baths
2,292  sqft
Built in 1922

Buy This Home & We'll Buy Yours! * Just two blocks from the sparkling waters of Sloan's Lake, this property is a rare gem in one of Denver's most sought-after neighborhoods. Whether you're a savvy investor, a creative developer, or a homeowner ready to roll up your sleeves, this is the opportunity you've been waiting for! All Serious Offers will be considered. With over 2,500 square feet of space, this property offers endless possibilities. Reimagine it as your dream single-family sanctuary and enjoy all the vibrant energy the Sloan's Lake lifestyle has to offer. Alternatively, capitalize on its income-generating potential by transforming it into an up/down duplex, with each level featuring two bedrooms, a full bath, a cozy family room, and a kitchen. The median rent for all property types and bedroom counts in Sloan Lake is $2,745**, which makes this a lucrative investment in a high-demand area. For developers, the U-MX-3 zoning unlocks exciting opportunities to build up to three-story townhomes, perfect for Denver's thriving market of modern urban living. Outside, the fully fenced yard and covered patio provide a private retreat, ideal for relaxation or entertaining while you plan your next big project. This property is more than just a home-it's a blank canvas for your vision, whether you're dreaming of a forever home, creating passive income, or developing a modern masterpiece. Don't miss your chance to unlock the full potential of this extraordinary property in one of Denver's most vibrant communities. *cond. apply. **information is reliable but not guaranteed.

Features & Amenities

Interior

General:
Study Area
Appliances:
Dishwasher, Refrigerator, Disposal
Basement:
Full
Heating:
true, Hot Water, Baseboard
Fireplace:
Family/Recreation Room Fireplace, Single Fireplace, Fireplace
Disability Feature:
Level Lot

Construction

Roofing:
Composition
General:
Brick/Brick Veneer, 2

Location

Road/Access:
Paved
Originating MLS:
REcolorado
School District:
Denver 1
County:
Denver

Lot

Zoning:
U-MX-3, DE LAPPE PLACE B9 L1 TO 3 INC EXC E 59FT OF L1 & 2 THEREOF
Fencing:
Fenced

Utilities

Water:
City Water
Sewer:
City Sewer, Public Sewer

Financial

Source:
REcolorado
Exclusions:
Seller's Personal Property

This listing courtesy of:
Your Home Sold Guaranteed Realty, William Watson

About Denver, CO

Housing

Number of Units
527,977
Median Home Value
$435,944
Median Rent
$1,329

48.75% of housing units are renter occupied.

6.65% are vacant.

Commute

Car
56.73%
Public Transportation
3.93%
Walk to Work
2.72%
Work from Home
34.89%
Other
0.58%

The median travel time to work is 19 minutes.

People

Population
1,114,255
Median Age
35.70
Median Household Size
2.53

Education

High School
19.56%
Associate’s Degree
6.38%
Bachelor’s Degree
29.05%
Graduate Degree
17.25%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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