Public Remarks: Rare investment opportunity in the highly desirable Denver location. This property is packed with 2 units of 2 bed-1 bath currently rented for $1350,$1300, and a non-conforming basement studio type currently rented for $700. Unit 1 and 2 are equipped with a dishwasher, heat-gas, laundry room/ hookups, refrigerator, stove, and oven. The basement studio comes with a laundry room/ hookups, refrigerator, stove, and oven. This prime location provides quick access to downtown Denver, highways, Light Rail station, Belmar Shopping Center, and the Broncos Stadium. Great income-producing rental property and currently believed to be rented under market value. HUGE ADDITIONAL UPSIDE POTENTIAL. The current annual net income is $30,800. Projected Annual Net Income of $32,600 and Cap Rate of 6.5% advertised is based on conservatively increased rents. All three units have great tenants and have maintained the property very well. Come get this great rental property for any buyer! One of the units includes square footage that used to be a garage. Buyer to confirm all square footage since it doesn't match public records and is approximate. PLEASE CALL ROXANE WEBSTER AT 303-759-8522 WITH QUESTIONS AND SUBMIT ALL CONTRACTS' TO ROXANE@MYHOMETEAMDENVER.COM.
Multi-familyProperty Type
1936Year Built
6,350 sq ftLot Size
$300Est. Price/Sq.Ft.
6 car garageParking
Listed by Roxane Webster• Keller Williams Advantage Realty LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
6,350 Sq. Ft.
Year renovated
—
Sq. Ft.
1,842
Year built
1936
Style
Single Family Residential
County
Denver County
APN
05184-15-019-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2026.
E-SU-DX
Single Unit Dx District
E-SU-Dx is a single unit district allowing suburban and urban houses with a minimum zone lot area of 6,000 sq ft.
Permitted uses
Include but are not limited to:
No uses permitted by right
Jun 26, 2017 • Active
Roofing and siding
Remove and replace existing components.
Roofing
Jun 5, 2015 • Final
Roofing and siding
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Features
Covered Spaces: 6
Garage: Yes
Garage Spaces: 6
Other Parking: Parking Per Unit(2 Spaces/Unit)
Interior
Bedroom Information
Bedrooms Total: 2
Heating & Cooling
Heating: Yes
Forced Air
Interior Features
Accessibility Features: Level Lot
Dishwasher, Refrigerator
Room Information
Basement: Partial
Exterior
Exterior Features
Roof: Composition
Lot Information
Horse(s): No
Lot Features: Level
Zoning: E-SU-D1X
Property Information
Property Type: Residential Income
Waterfront: No
Subdivision Information
Subdivision Name: Kentucky Gardens
MLS Area Major: Metro Denver
Building Information
Above Grade Finished Area: 1450
Below Grade Finished Area: 392
Building Area Total: 1842
Construction Materials: Wood/Frame, Brick/Brick Veneer
Financial
Tax Information
Tax Annual Amount: 2090
Tax Year: 2020
Lease Information
Gross Income: 40200
Operating Expense: 9400
Financial Information
Listing Terms: Cash, Conventional, FHA, VA Loan
Utilities
Utility Information
Utilities: Natural Gas Available, Cable Available
Gas: Natural Gas
Sewer: City Sewer,Public Sewer
Location
Multi-Unit Information
Number of Units Total: 3
Multi-Family Financial Information
Cap Rate: 6.5
Net Operating Income: 30800
HOA Information
Association: No
School Information
High School District: Denver District 1
Elementary School: Castro
Middle or Junior School: Compass Academy
High School: Abraham Lincoln
Location Information
Unparsed Address: 929 S Raleigh St Denver CO 80219
Street Number: 929
Street Dir Prefix: S
Street Name: Raleigh
Street Suffix: St
City: Denver
State or Province: CO
County or Parish: Denver
Country: US
Postal Code: 80219
Coordinates: -105.042931,39.699718
Latitude: 39.699718
Longitude: -105.042931
Public facts
Beds: 2
Baths: 2.5
Sq. Ft.: 1,842
Stories: 1.0
Lot Size: 6,350 square feet
Style: Single Family Residential
Year Built: 1936
Year Renovated: —
County: Denver County
APN: 05184-15-019-000
Home facts updated by county records on Aug 28, 2026
Other
Miscellaneous Information
Exclusions: Tenant's personal property
Listing Information
Attribution Contact: 303-986-4300
Close Price: $475,000
Photos Count: 40
Special Listing Conditions: Private Owner
Standard Status: Closed
Listing Date Information
Close Date: Wednesday, November 24, 2021
Cumulative Days on Market: 52
Days on Market: 52
Listing Contract Date: Saturday, September 4, 2021
Modification Timestamp: Sunday, November 30, 2025 7:44 AM
Home Information
Levels: One
Year Built: 1936
Around this home
Schools
Castro Elementary School
Public K-5 • Assigned • 0.4mi
5/10
Kepner Beacon Middle School
Public 6-8 • Assigned • 0.8mi
2/10
Kunsmiller Creative Arts Academy
Public 1-12 • Assigned • 1.7mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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