(LAND) CITY LOT OPPORTUNITY FOR NEW BUILD DUPLEX + ADU! (Denver, 80216)
ASKING PRICE: $167,300
NEW CONSTRUCTION FULL DUPLEX VALUE: $1,040,000
Location
- Situated in Elyria-Swansea, one of Denver’s most actively transforming infill neighborhoods
- Minutes to Downtown Denver, RiNo Arts District, and major employment hubs
- Strong proximity to I-70, I-25, and light rail access for commuter convenience
- Surrounded by ongoing redevelopment, new construction, and city-backed revitalization plans
Zoning & Development
Current Zoning: E-SU-D
Pending Rezoning Final Hearing: U-TU-C (Urban, Two-Unit)
Rezoning Upside:
- Allows duplex (2 units) + ADU (Accessory Dwelling Unit)
- Density increase vs. current single-unit restriction
- Aligns with neighborhood future land use and city growth initiatives
U-TU-C Key Guidelines (Denver):
- Minimum Lot Size: 4,500 sq ft
- Minimum Lot Width: 37.5 ft
- Front Setback: 10 ft
- Side Setbacks: 5 ft
- Rear Setback: 20 ft
- Max Height: 35 ft (2–2.5 stories depending on form)
Summary:
This lot exceeds minimum size/width requirements, positioning it well for duplex + ADU configuration subject to rezoning approval.
Utilities & Infrastructure
- Water: City water available
- Sewer: City sewer available
- Road Access: Dual paved road frontage (corner lot)
- Power/Gas: Available at street (standard urban infill setup)
Lot Conditions & Specs
- Lot Size: 6,350 sq ft (0.15 acres)
- Dimensions: 50’ x 127’
- Corner Lot: Dual frontage, strong design flexibility and access
- Current Use: Functions as side driveway/parking for adjacent property (5115 Milwaukee St)
- Separation Plan: Fence will be installed prior to closing to clearly delineate parcel boundaries
- Topography: Flat, build-ready urban lot
Investment Angle
- Clean infill play with clear path to higher density
- Ability to build income-producing multi-unit product in a rapidly appreciating pocket
- Strong exit strategies:
- Build & sell duplex + ADU
- Build & hold for rental cash flow
COMPS:
Duplex Individual Units Sold:
- 4339 Columbine Street, SOLD $580,000 on 7/26/24 3bd/2.5ba 1,447sqft (2024 build)
- 4341 N Columbine Street, SOLD $520,000 on 6/5/25 3bd/2.5ba 1,447sqft (2025 build)
Vacant Lot on Street w/Duplex Zoning:
*CLICK HERE TO SUBMIT OFFER*
Contact for all info & offers!
704-285-1904
Lenny@zeres.capital
Looking for a CASH transaction. A non-refundable deposit is required in order to lock up the deal.
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Submitting your offer
Please submit your Highest and best offer once all due diligence has been completed. The highest and best will be accepted based on speed of closing, convenience and price.
All offers must be cash, private lending or hard money only, with the ability to close within (21) days or less. Price is net to the seller, buyer pays all closing costs unless otherwise specified.
After the offer is accepted, the contract must be signed and EMD must be received within 24 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $7,500. Earnest Money Deposit is Non-Refundable unless title cannot be cleared.
All properties will be delivered fully insured with clear title from a reputable title company/attorney’s office and underwriter.
Basic Terms
For any offering, we either own the property or have equitable ownership interest with the ability to assign our contractual rights to the purchasing party. The buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.
Wholesalers and Real Estate Agents
You may share this property with your buyers, however, please do not post this deal on any online platform without our consent. Wholesalers and Real Estate Agents, please add your fee and/or commission on top of our offering price when marketing to clients. To discuss further, please contact us.