Five Cheapest Homes for Sale in Denver Right Now

Leaks. Ghosts. Piss. In Denver, all of that and more can be yours for a few hundred thousand dollars.

Homeownership is increasingly pricey in the Mile High City. The median sale price for single-family homes in Denver was $640,000 in September, according to Redfin. That’s up nearly 4 percent from January, and up over 17 percent from COVID-lows in September 2020. Costs aren’t much better outside of the capital city, either. The median closed price for detached homes in the broader Denver area was $650,000 in October, according to REcolorado.

However, as of November 11, five detached single-family houses in Denver are listed for sale on Zillow for $275,000 or under.

That’s less than half of the median sale price, and cheaper than all but one of the five houses featured on Westword’s last cheapest homes article from August. (Four of those properties are now off the market, including a fire-damaged asbestos-riddled home that ultimately sold for $160,000.)

But buyers, beware: you get what you pay for.

Here are the five cheapest homes currently for sale in Denver, with details from the original listings:

5. 4529 Logan Street

Price: $275,000
Bedrooms: 2
Bathrooms: 1
Square footage: 736
Year built: 1886
Days on Zillow: 21

This historic home in RiNo was built nearly 140 years ago — many decades before Interstate 70 was constructed 200 feet away from its front yard. The small property sits on a crowded street, with the neighboring homes so close that the roofs nearly appear to overlap from above. If the traffic noise and claustrophobia don’t send you over the edge, the dated orangey floor-to-ceiling wood just might.

4. 1272 Ulster Street

Price: $264,900
Bedrooms: 1
Bathrooms: 1
Square footage: 540
Year built: 1924
Days on Zillow: 50

At 540 square feet, this East Colfax house is smaller than some studio apartments. The listing enthusiastically advertises the property as “charming” and “cozy,” but with an asking price just under $265,000, it works out to almost $500 per square foot. That’s pushing it, even for Denver. Right now, the city’s median listing price per square foot is $363, according to Realtor.com.

3. 649 Perry Street

Price: $260,000
Bedrooms: 3
Bathrooms: 2
Square footage: 1,550
Year built: 1958
Days on Zillow: 1

This new Villa Park listing has it all: Exposed wiring! A half-finished mural of a mullet-clad hot-rod driver! Neon green piss in the toilet that no one bothered to flush before taking photos! As the Zillow ad puts it, “this property is a complete remodel, everything needs to go.” But no repairs will be done by the seller — not even for the leak in the basement bathroom that requires the house’s water to be shut off. Maybe that explains the piss.

2. 4745 Grant Street

Price: $260,000
Bedrooms: 3
Bathrooms: 1
Square footage: 1,301
Year built: 1905
Days on Zillow: 23

This mysterious home in Globeville absolutely radiates paranormal energy. While the external photograph is normal, the pictures become increasingly blurry and pixelated as the camera moves deeper inside of the house, which is littered with unidentifiable debris and stains. Conveniently, there are no photos of the advertised unfinished basement cellar. According to the listing, the seller has never lived in the home. I wonder why…

1. 1362 West Virginia Avenue

Price: $245,000
Bedrooms: 0
Bathrooms: 0
Square footage: 825
Year built: 1923
Days on Zillow: 70

The number-one most affordable house for sale in Denver is this glorified shed in the Athmar Park neighborhood. The zero-bedroom, zero-bathroom property is fully gutted, with nothing but loose plywood visible inside. But good news: the siding is “90 percent” done. The house has been on the market for more than two months and the asking price was slashed by over $42,000 two weeks ago. Don’t all bid at once!