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Mark R Steinbach
(303) 913-0214mark@markrsteinbach.com
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  • 46 Gray St,
    Bailey, CO 80421

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REcolorado
Based on information submitted to the MLS GRID as of 2026-02-08 03:40:50 UTC. 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.
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$1,225,000
For Sale

3880 Sheridan Boulevard

Denver, CO 80212
4241 sqft | 6 beds | 5.25 baths | 0.14 acres | #2427459
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Listing OfficeCompass - Denver
3880 Sheridan Boulevard
46 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Discover a rare, turn-key investment opportunity with strong in-place income at 3880 & 3880 ½ N Sheridan Blvd, Denver, CO. This income-producing property features a spacious single-family main home plus a fully self-contained ADU, both currently leased, generating $7,000 per month ($84,000 annually) in long-term rental income. The main residence offers 5 bedrooms, 5 bathrooms, and over 3,200 square feet with a functional open floor plan, modern finishes, and a 2-car detached garage. The main home is currently leased at $4,550/month, demonstrating excellent rental appeal and stability. Above the garage, the approximately 1,000+ square foot ADU provides a private 1-bedroom, 1-bath living space with its own kitchen, living area, and 1-car attached garage with alley access. The ADU is currently leased at $2,450/month, offering a strong secondary income stream. With estimated annual operating expenses of approximately $11,900 (taxes, insurance, and baseline expenses), the property produces an estimated Net Operating Income (NOI) of $72,100, equating to an approximate 5.9% cap rate at current pricing making this a strong option for investors seeking steady cash flow and long-term appreciation. Located in the desirable Berkeley neighborhood, the property is just minutes from the vibrant shops, restaurants, bars, and boutiques along Tennyson Street, as well as easy access to Sloan’s Lake, Edgewater Public Market, and downtown Denver. This prime location continues to attract tenants and owner-occupants alike, supporting long-term rental demand and value appreciation. Whether you’re seeking a stable buy-and-hold asset, a house-hack opportunity, or a portfolio addition, 3880 & 3880 ½ N Sheridan Blvd delivers proven income, flexibility, and strong fundamentals.

  • Property Details
      • InteriorBuilt-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s)
      • Exterior MaterialsBalcony, Lighting, Private Yard
      • Property SubtypeSingle Family Residence
      • Sewer InformationPublic Sewer
      • Elementary SchoolCentennial
      • Original List Price$1,225,000
      • Cost1225000.0
      • Property TypePurchase
      • SubdivisionBerkeley
      • School DistrictDenver 1
      • Middle SchoolSkinner
      • MLS #2427459
      • MLS #2427459
      • Square Feet4241.0
      • Parking TypeGarage
      • Utility SourcePublic
      • CountyDenver
      • Taxes Annual$7,394
      • Lot DescriptionLevel
      • High SchoolNorth
      • Structure TypeHouse
      • Bathrooms5.25
      • Acres0.14
      • BasementFull
      • Year Built2021
      • Parking Garage Spaces3.0
      • Parking Carport Spaces0.0
      • Bedrooms6
      • Full Baths4
      • Half Baths1
      • 3/4 Baths1
      • Parking Spaces3

Location

Legal

Based on information submitted to the MLS GRID as of 2026-02-06 20:40:21 UTC. 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.

Last Updated: Yesterday at 9:46 PM. Source: RECOLORADO

Provided By
Listing Agent: Terra Augustine (#REC024443), Phone: 303-905-0591, Email: TerraAugustine@compass.com
Listing Office: Compass - Denver (#RECCCLL2)

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