Discover a rare, turn-key investment opportunity with strong in-place income at 3880 & 3880 1/2 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 a 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 additional expenses), the property produces an estimated Net Operating Income (NOI) of $72,100, equating to an approximate 6.0% cap rate, making this a strong option for investors seeking steady cash flow and long-term appreciation. Located in the desirable Berkeley area, 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. Whether you're seeking a stable buy-and-hold asset, a house-hack opportunity, or a portfolio addition, 3880 & 3880 1/2 N Sheridan Blvd delivers proven income, flexibility, and strong fundamentals.
Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm
Heating
Forced Air
Cooling
Central Air, Ceiling Fan(s)
SEWER
Public Sewer
WATER SOURCE
City
Year Built
2021
Basement
Full
FINISHED BASEMENT SIZE
1006.0
ARCHITECTURAL STYLE
Contemporary/Modern
Roof
Composition
EXTERIOR FEATURES
Balcony
Parking Features
Detached
Fence
Fenced
Lot Features
Level, House Faces West
Garage spaces
3
CITY
Denver
SUBDIVISION
Berkeley
COUNTY
Denver
AREA
Metro Denver
STATE
CO
SUB AREA
Metro12/DNW
TAX AMOUNT
7394.0
LATEST UPDATE
2026-02-24T21:03:28.701Z
DAYS ON MARKET
19
PRICE CHANGE(S)
$1,225,000 Feb 6, 2026
$1,199,989 Feb 24, 2026
Property Details
Property TypeResidential
StatusActive
Bedrooms6
Bathrooms (Full)4
Property Sub TypeSingle Family Residence
Square Feet4,241
MLS #2427459
Bathrooms (¾)1
Bathrooms (Half)1
AppliancesDishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
SEWERPublic Sewer
WATER SOURCECity
Year Built2021
BasementFull
FINISHED BASEMENT SIZE1006.0
ARCHITECTURAL STYLEContemporary/Modern
RoofComposition
EXTERIOR FEATURESBalcony
Parking FeaturesDetached
FenceFenced
Lot FeaturesLevel, House Faces West
Garage spaces3
CITYDenver
SUBDIVISIONBerkeley
COUNTYDenver
AREAMetro Denver
STATECO
SUB AREAMetro12/DNW
TAX AMOUNT7394.0
LATEST UPDATE2026-02-24T21:03:28.701Z
DAYS ON MARKET19
PRICE CHANGE(S)
$1,225,000 Feb 6, 2026
$1,199,989 Feb 24, 2026
Market Trends
New Properties On Market
38
100%
Increase In New Listings
Average Asking Price
$1,007,078
$112,826 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$463
$23 Decrease In List Price/Sq. Ft.
Average Days On Market
11
26 Day
Decrease In Days On Market
Data as of Mar 04, 2026.
Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.
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