This modest house could be a great first time buyer investment. It sits on a large lot, conveniently located at the convergence of Lakewood, Edgewater, and Denver. The W Colfax and Sheridan corridor has seen sustained residential investment over the past decade steadily narrowing the gap between what this land is and what it can become. The zoning M-G-U at 1545 Sheridan and R-MF at 1555 Sheridan carry no maximum or minimum unit density, leaving you free to determine the right course of action for its future. From adding an ADU to building two new homes with ADUs to maximizing density is all up to you.
Both parcels are occupied on month-to-month leases. 1545 Sheridan, as a 1-bed/1-bath residence at $1,600/mo, and 1555 Sheridan as a vacant lot lease at $500/mo- generating $2,100 combined if the added income benefits your vision. Sloan's Lake Park and Bus Stop are just steps away, the Sheridan Station (W Line) is less than half a mile with direct service to Union Station and the Denver Federal Center. The Edgewater Marketplace-Target, King Soopers, Alamo Drafthouse-is within one mile. Walk Score:86.
Property Details
- Interior
- Breakfast Nook, Built-in Features
- Cooling
- Other
- Heating
- Forced Air
- Cooling Features
- Other
- Bedrooms
- 1
- Bathrooms
- 1.0
- Full Baths
- 1
- Lot Features
- Level
- Stories
- 2
- Lot Description
- Level
- Exterior Features
- Private Yard
- Exterior Materials
- Private Yard
- Acres
- 0.304
- Square Feet
- 650
- Lot Size (sqft)
- 13242.0
- Parking Features
- Concrete
- Parking Spaces
- 2
- Parking Type
- Garage
- Parking Garage Spaces
- 2
- Property Type
- Purchase
- Style
- Bungalow
- Basement
- 1
- Basement Description
- Daylight, Full
- Year Built
- 1939
- Foundation
- Concrete Perimeter, Slab
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
- Appliances
- Range
- Subdivision
- Edgewood
- School District
- Jefferson County R-1
- Elementary School
- Edgewater
- Middle School
- Jefferson
- High School
- Jefferson
- County
- Jefferson
- Region
- Denver
- Zoning
- M-G-U & R-MF, Lakewood
Location
Legal
Based on information submitted to the MLS GRID as of 2026-07-24T22:20:08Z UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Provided By
Listed by Julie Leins
Listing Office: Keller Williams Advantage Realty LLC
Legal Notice
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
Buyer Agency Compensation
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
