Metro Denver Luxury Homes For Sale

Property Description

Historic charm, strong rental income, and a prime location—this 1907 Victorian triplex in the heart of Denver’s highly sought-after Baker neighborhood checks all the boxes. Situated just blocks from Dailey Park and steps to the vibrant shops, dining, and cultural spots along Broadway, this property offers a rare blend of classic architecture and income-generating versatility. With approximately 2,745 sq ft above grade and a total of 3,188 sq ft (per appraisal), this well-maintained property features three separate units and a detached 3-car garage.

Unit 1 (2BR/2BA) is rich in character, boasting original hardwood floors, exposed brick, cherry wood cabinetry, vaulted ceilings, two fireplaces, and a hidden spiral staircase behind a bookshelf that leads to a non-conforming bedroom with secret storage. It also includes private basement access and in-unit laundry. Unit 2 (2BR/1BA) offers a remodeled bathroom, one conforming and one non-conforming bedroom, and access to a private Trex deck—perfect for outdoor living. Unit 3 (1BR/1BA) is a charming rear unit with its own heating and hot water system, currently rented month-to-month with a long-term tenant.

Additional features include a sprinkler system, a 73-gallon water heater, updated sewer line to the street, and a shared laundry area near the garage for Units 2 and 3. Monthly rental income is currently $5,700, producing an estimated cap rate of ~7.2%—a fantastic opportunity for investors, owner-occupants, or house hackers looking to live in one unit while renting the others.

Located within Denver’s Landmark Historic District, this property offers a timeless lifestyle in one of the city’s most walkable neighborhoods, rich in architectural heritage and community spirit. Don’t miss your chance to own a truly unique asset with both financial upside and urban appeal.

Features
: Forced Air, Natural Gas
: Central Air, Air Conditioning-Room
: Partial, Unfinished
: Partial
: Deck, Front Porch
: 3
: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer, Oven
: Victorian
: Architecural Shingle
: Public Sewer
Address Map
CO
Denver
Denver
80223
Bannock
347
Street
W105° 0' 31.8''
N39° 43' 18.9''
Additional Information
: Brick
East
DCIS at Fairmont
: Private Yard
2
: Carpet, Wood
3
Southwest Early College
: Pantry, Granite Counters, Vaulted Ceiling(s), Walk-In Closet(s), In-Law Floor Plan
Yes
Yes
Cash, Conventional, FHA, Jumbo, VA Loan
: Level, Sprinklers In Front, Many Trees, Sprinklers In Rear
Strive Westwood
HeReigns Real Estate
5102-19-024
: None
: Triplex
Baker
$5,849
2024
: Electricity Connected, Natural Gas Connected
: Skylight(s)
U-RH-2.5
04/23/2025
3133
Active
Denver 1
Denver 1
Common Area, In Unit, Laundry Closet
Denver 1
04/24/2025
3
04/23/2025
Public
: Two

Baker

347 Bannock Street, Denver, CO 80223

5 Bedrooms
4 Total Baths
2,745 Square Feet
$949,900
Listing ID #9175785
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 9175785
Price : $949,900
Bedrooms : 5
Rooms : 15
Total Baths : 4
Full Bathrooms : 2
3/4 Bathrooms : 2
Square Footage : 2,745 Square Feet
Year Built : 1907
Lot Area : 7,100 Acres
Lot Acres : 0.16
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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