Date
Details
Price
Change
Source
9/17/2018
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,149,000 -$25,000 (-2.13%) Price Reduced
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Property Description
House Hack on a Full Acre Collect $2,300/mo from a Tenant Already in PlaceTwo fully independent residences on one deed, one loan. Live in the main house. Cottage has a tenant in place - no lease-up period, no vacancy risk to underwrite on day one. "¢ Current cottage rent: $2,300/month + pet rent, month-to-month "¢ Gross annual income from cottage: $27,600+ "¢ Well and septic on both homes - no city water/sewer utility expense, which is a real line-item difference in Colorado "¢ Owned solar system (paid off, transfers to buyer) - reduces main house carrying cost further Why This Pencils Differently Than a Typical SFR Most single-family homes don't generate income while you live in them. This one does. Note that this isn't a fully-rented investment property with a cap rate to calculate - you're occupying the main house, so the $27,600/year from the cottage is best thought of as a direct offset to your mortgage and carrying costs, not a return on the full property value. For a buyer comparing this to a typical SFR purchase, the comparison that matters is: same house, minus roughly $2,300/month in housing cost, because someone else is paying it. Ask your lender how this property's existing lease applies to your specific loan program for qualifying purposes. The Main House 4BR/3BA (two bedrooms non-conforming, in a walk-out basement with its own private entrance - functionally a separate living space within the home), 200-degree mountain and city views, 5-burner gas range kitchen, owned solar, central wood stove, central AC, main-floor laundry. The Cottage 2BR/1BA, central AC, currently tenant-occupied at $2,300/mo + pet rent on a flexible month-to-month lease. Has its own white picket-fenced yard, fully separate from the main house's yard - genuine privacy and separation, not a shared backyard arrangement. MTM lease means a buyer can keep the income running indefinitely or transition the space on their own timeline. Carmody Hillcrest neighborhood, Jeffco schools
Full Property Details
Full Property Details for 2540 S Kipling St
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General
- Price: $1,149,000
- Taxes: $6,068 (2025)
- Status: Active
- Type: Duplex
- Source: MetroList_Colorado
- MLS ID: 5263034
- Updated: 7/8/2026
- Added to Site: 22 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Interior Features: Eat-in Kitchen
- Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
- Flooring: Carpet, Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Private Yard, Spa/Hot Tub
- Porch/Patio/Deck: Front Porch, Patio
Parking
- Total Spaces: 4
- Parking Features: Gravel
Location
- County: Jefferson
- Subdivision: Carmody Hillcrest
- Driving Directions: Morrison Road and S. Kipling St go north to driveway. (Old Kipling not parkway)
School Information
- Elem School District: Jefferson County R-1
- Midd School District: Jefferson County R-1
- High School District: Jefferson County R-1
- Elementary School: Green Gables
- Middle School: Carmody
- High School: Bear Creek
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas, Solar, Wood Stove
Utilities
- Gas: Yes
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Architectural Style: Bungalow, Contemporary
- Structure Type: Duplex
- Construction: Brick, Wood Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Composition
- Entry Location: Ground
- Square Feet: 2,522
- Sq. Ft. Source: Public Records
- Living Area: 2,522 Sq. Ft.
- Year Built: 1973
- Property Condition: Updated/Remodeled
Lot Features
- Property View: City, Mountain(s), Plains
- Mountain views: Yes
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Road Maintenance: Private Maintained Road
- Fence: Yes
- Fencing (Description): Partial
Financial Considerations
- Lease Price: $2,300
- Tax Amount: $6,068
- Tax Year: 2025
- Terms: Conventional, FHA, Jumbo, VA Loan
- Owner Pays: Trash Collection, Water
- Tenant Pays: Cable TV, Electricity, Gas, Grounds Care
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Documents Avail.: Easement, Well Permit
- Legal Description: SECTION 27 TOWNSHIP 04 RANGE 69 QTR SW SIZE: 43560 VALUE: 1.000 KEY=038
- Exclusions: Owner and Tenant personal property.
- Property ID: 97509
Listed by Denver Property Group
We Value Your Privacy
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Listing agent
— 2540 S Kipling St —
Denver Property Group
micki@denverprop.com,303-551-4572
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2540 S Kipling St
School District:Jefferson County School District R-1
| Name | Grades | Distance |
|---|---|---|
Green Gables Elementary School 8701 West Woodard Drive, Lakewood, CO 80227 | K-5 | 1 mi |
Carmody Middle School 2050 South Kipling Street, Lakewood, CO 80227 | 6-8 | 0.6 mi |
Bear Creek High School 9800 West Dartmouth Place, Lakewood, CO 80227 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2540 S Kipling St
Tax History
Tax History for 2540 S Kipling St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,068
-6%
$62,507
-12%
2024
$6,475
1%
$71,430
—
2023
$6,442
42%
$71,430
43%
2021
$4,528
1%
$49,783
3%
2022
$4,464
-1%
$48,390
18%
2021
$4,528
24%
$40,947
—
2019
$3,660
44%
$40,947
18%
2018
$2,533
14%
$34,607
—
2017
$2,226
-24%
$34,607
-17%
2016
$2,930
-1%
$41,615
—
2015
$2,958
18%
$41,615
21%
2014
$2,499
—
$34,260
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
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2540 S Kipling Street, Lakewood, CO 80227 (MLS# 5263034) is a Duplex property with 4 bedrooms and 0 full bathrooms. 2540 S Kipling Street is currently listed for $1,149,000 and was received on June 18, 2026. Want to learn more about 2540 S Kipling Street? Do you have questions about finding other Duplex real estate for sale in Lakewood? You can browse all Lakewood real estate or contact a Coldwell Banker agent to request more information.