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Renovated Duplex with ADU Potential
New
For Sale
$525,000

4926 Sherman Street, Denver, CO 80216

Renovated duplex with an ADU approved as a City of Denver rental, offering separate entries and flexible live-or-lease options.

Property Size815 SF
Price / SF$644.17
Days on Market6

Property Features for 4926 Sherman Street

General Information

Standard status Active
Size 815 SF
Property subtype Multi Family

Amenities

private backyard
expansive newer deck
second backyard with oversized flagstone patio
breathtaking city views
adjacent open space of Argo Park

Building Details

Year Built 1896
Listing Agency: Coldwell Banker Global Luxury Denver
Listed By: Brian Friedman · License #100012669
Source: Exitrealty
Added: Jul 26 Changed: Jul 31 Last Checked: Jul 31 at 4:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Global Luxury Denver

Investment Insights

Based on property information with market context.

Renovated duplex featuring a licensed main home and a City of Denver–approved ADU, each functioning as a separate rental unit. The main home is on the upper level and is described as recently vacant. The ADU is on the lower level with a separate entrance, and the property also provides interior stairs that allow the layout to be used as one connected living space.

Outside, the property includes a private backyard that backs to open space tied to Argo Park, creating a no-backyard-neighbor setting. Outdoor features include an expansive newer deck with city views and a second backyard with an oversized flagstone patio.

Recent updates include a main kitchen with newer stainless steel appliances and quartz countertops. The ADU includes a remodeled 3/4 bathroom, butcher block countertops, and newer appliances. Upgrades also include a new furnace, water heater, and electrical panel. Built in 1896, the property totals 815 SF and is located at 4926 Sherman Street in Denver’s Globeville neighborhood, with the trails and green space of Argo Park nearby.

Key Highlights

  • Licensed main home plus City of Denver–approved ADU, both approved rental units
  • ADU has a separate entrance and connects via interior stairs for flexible use
  • Private backyard backs to Argo Park open space with no backyard neighbors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Hair Salon (Bike/Boat/Book/etc) Store Catering Service Daycare Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

680
Businesses Nearby

Demographics for 80216, CO

15,915
Population
6,924
Households
2.3
Avg Household Size
31
Median Age
38%
College-Educated
76%
High-School Grad
10.1 sq mi
ZIP Area
1,576
Density / Sq Mi
$86,869
Median Household Income
$49,966
Median Earnings
$1,934
Median Rent
$392,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated duplex with an ADU approved as a City of Denver rental, offering separate entries and flexible live-or-lease options.
Where is this duplex located?
The property is located at 4926 Sherman Street Denver, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Licensed main home plus City of Denver–approved ADU, both approved rental units; ADU has a separate entrance and connects via interior stairs for flexible use; Private backyard backs to Argo Park open space with no backyard neighbors
More about this property
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