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Home » Real Estate » CO » Denver » 80223 » 347 Bannock St, Denver, CO, 80223
$950,000

347 Bannock St, Denver, CO, 80223

4 Beds
3 Baths
3,133 Square Feet
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 ~7.6%-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.
Offered By
Vanessa Guzman 303-906-6135, HeReigns Real Estate

Property Details

Property Type Residential
Status Closed
Bedrooms 4
Bathrooms (Full) 1
Property Sub Type Residential-Detached
Square Feet 3,133
MLS # 9175785
Bathrooms (¾) 2

Market Trends

New Properties On Market
22
Average Asking Price
$695,561
$16,075 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$384
$50 Increase In List Price/Sq. Ft.
Average Days On Market
17
33 Day Decrease In Days On Market
Data as of Aug 12, 2025. Remaining statistics above are calculated on activity within the period from Jun 01, 2025 to Jul 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 8/8/2025 at 7:26 pm