Listing provided courtesy of Denver Property GroupMLS# 9483994MLS Provider
  • 101 days on site
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Two Homes, One Loan, One Tenant Already Paying — A Rare Setup for Multigenerational Living or Built-In Rental Income Most buyers in this price range are choosing between a bigger house or a rental property. This listing is 1 deed, 1 loan, and two separate, fully independent homes on a full acre in Lakewood's Carmody Hillcrest neighborhood. The main house is yours to live in. Cottage tenant is $2,300/month + pet rent - month-to-month lease — income that starts the day you close. This is the property for a buyer who wants to bring a parent close, house an adult child without losing privacy, or simply have the mortgage subsidized by a tenant who's already there. The cottage's picket-fenced yard, separate from the main house fenced yard for privacy - two distinct outdoor spaces. A low-maintenance income setup — separate utilities, no shared walls, and well/septic systems = no water utility costs, which matters in Colorado. The Main House Open-concept living built to take advantage of the 200-degree mountain and city views. Chef's kitchen — five-burner gas range, generous storage. Primary suite includes a walk-in closet; the main bath has a deep soaking tub. A central wood stove keeps heating costs down, and owned solar panels (paid in full, transferring to the new owner) do the same. Main-floor laundry. Two walkout patio doors lead to a west-facing deck for sunset views over the foothills. Spacious walk-out basement, living space, 2 non-conforming bedrooms, with its own private entrance — almost like a third living space within the main house. Perfect for a multigenerational buyer or House Hack Investor. The Cottage A genuinely separate 2-bedroom, 1-bath home. A full acre, corner lot, with the main house yard separately fenced from the cottage's picket-fenced yard, plus a fire pit, garden space, and a hot tub. Far enough from the city to feel private, close enough that downtown Denver is under 20 minutes away. Seller holds an inactive Colorado Real Estate License

Source: REColorado MLS, MLS#: 9483994

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  • Property Type
    Residential
  • Lot
    1.00 acres

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Michael Kozlowski

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2540 S Kipling Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/20/2026Source: REColorado MLS Price Reduction
$1,174,000 -2.2%
6/20/2026Source: REColorado MLS Price Reduction
$1,174,000 -2.2%
6/18/2026Source: REColorado MLS Added to Database
June 18, 2026
6/11/2026Source: REColorado MLS Price Reduction
$1,199,999 -3.6%
5/28/2026Source: REColorado MLS Price Reduction
$1,245,000 -2.0%
5/21/2026Source: REColorado MLS Price Reduction
$1,270,000 -1.9%
5/14/2026Source: REColorado MLS Price Reduction
$1,295,000 -3.7%
4/17/2026Source: REColorado MLS Price Reduction
$1,345,000 -3.6%
4/2/2026Source: REColorado MLS Price Reduction
$1,395,000 -3.8%
3/20/2026Source: REColorado MLS Added to Database
March 20, 2026