University Park Homes with Unfinished Basement

**Discover University Park: A Charming Neighborhood in the Heart of Colorado**

Nestled in the vibrant city of Denver, University Park is a delightful neighborhood that seamlessly blends suburban tranquility with urban convenience. Known for its tree-lined streets, friendly community atmosphere, and proximity to the prestigious University of Denver, this area is a haven for families, students, and professionals alike.

One of the standout features of homes in University Park is the availability of properties with unfinished basements. These versatile spaces present a unique opportunity for homeowners to customize and expand their living areas according to their personal needs and preferences. Whether you envision a cozy family room, a state-of-the-art home gym, or an inviting guest suite, the unfinished basements in University Park provide a blank canvas for your creativity.

Living in University Park means enjoying a wealth of local amenities. Residents can take advantage of nearby parks, including the expansive Observatory Park, which offers picturesque walking trails, playgrounds, and sports facilities. The neighborhood is also home to a variety of charming cafes, boutique shops, and delicious dining options, making it easy to enjoy leisurely weekends without venturing far from home.

Additionally, the community is well-connected to Denver’s public transportation system, ensuring that the vibrant culture and nightlife of downtown Denver are just a short ride away. With its excellent schools, friendly neighbors, and a strong sense of community, University Park is the perfect place to call home. Come explore the possibilities that await in this enchanting neighborhood, where your dream home with an unfinished basement is ready to be transformed into your personal sanctuary!

Newest University Park Homes with Unfinished Basement

$1,550,000

5 Beds ⋅ 3 Baths ⋅ 9907038 MLS

Across from Observatory Park, this charming New England Saltbox offers timeless character, generous space and an exceptional location in one of Denver’s most sought-after neighborhoods. Custom built in 1963 by the original owners with architect Dick Gilbert, the home was inspired by the classic New England architecture they admired while studying in Boston. Fresh interior paint, true divided-light windows and oak floors create a warm, move-in-ready setting, with exciting opportunities to personalize over time. The main level offers a park-facing living room with a gas fireplace, an adjoining formal dining room, and a dedicated study with built-in bookcases and a closet so that it could also serve as a guest room. A three-quarter bath and laundry area add everyday convenience. The kitchen includes an electric cooktop, wall oven, side-by-side refrigerator and an informal dining area with abundant storage. Added in 1969, the spacious family room features distinctive pine tongue-and-groove paneling, large closets and direct access to the beautifully landscaped backyard—perfect for outdoor dining, play and summer gatherings. Upstairs, the park-facing primary suite includes a private bath, while three additional bedrooms and a hall bath provide flexible space for bedrooms, offices or hobbies. A side-load two-car garage is accessed from the alley. Thoughtful improvements include a 2017 gas boiler, upgraded insulation and a newer roof. With Observatory Park, its playground and the Chamberlin Observatory just outside the front door, plus neighborhood schools, the University of Denver, restaurants, shops and I-25 nearby, this special home offers space to grow, room to make it your own and a lifestyle centered around one of Denver’s most beloved parks.

2278 S Milwaukee Street, Denver

$599,000

3 Beds ⋅ 2 Baths ⋅ 8172311 MLS

SELLER SAYS SELL! Does your student attend the University of Denver? Or are you looking to strengthen your investment portfolio with a property that works harder over time? 1815 S Adams Street checks both boxes and then some. Tucked into one of University Park's most coveted streets, this 1942 bungalow delivers genuine character alongside a complete suite of thoughtful updates. Refinished hardwood floors and fresh interior and exterior paint set the tone, while a new roof, new furnace, two fully remodeled bathrooms, new ceiling fans, and new patio tile mean the heavy lifting is already done. The flexible basement expands your options with space for a home office, gym, or playroom plus dedicated laundry. Step outside to a covered patio overlooking a generous lot made for weekend barbecues and slow evenings, with a garage and off-street parking rounding out the package. And with ADU-eligible zoning, there's real runway to add a rental unit and meaningfully boost your long-term ROI. Walkable to DU and Observatory Park, minutes to Wash Park and I-25 this is a location that never goes out of style. Move-in ready with central air coming soon, and strong long-term fundamentals for owner-occupiers and investors alike. SOLD AS IS, WHERE IS.

1815 S Adams Street, Denver

$1,250,000

11 Beds ⋅ 12 Baths ⋅ 2210794 MLS

Located in one of Colorado Springs' most desirable neighborhoods, this phenomenal, income-producing 4-plex sits within an exclusive, investor-owned community bordering prestigious University Park — offering the privacy of a boutique asset with the stability of a professionally managed portfolio property. Built in 2001 and meticulously maintained, the property is 100% leased to high-quality, long-term tenants at market rents and has been under consistent professional management by Towson View Properties, LLC since 2020. The building comprises four spacious 1,768 sq. ft. townhome-style units — three 3BR/3BA layouts and one premium 2BR/3BA double-master suite configuration — each with a 1-car garage, private driveway, and large unfinished basement offering storage or future expansion potential. Recent capital improvements include a Class-4 impact-resistant roof with new gutters, professional stucco repairs, fresh exterior paint, stainless steel appliances, high-efficiency washers and dryers, 50-gallon water heaters, luxury vinyl plank flooring, carpeting, painting, and updated HVAC systems including two new Trane central A/C units and one new Trane furnace/A/C combination — all professionally serviced bi- annually. A strong, low-dues HOA covers professional grounds maintenance, snow removal, and trash, keeping owner overhead minimal. Close proximity to the 584-acre Austin Bluff Open Space and with UCCS just minutes away, the property benefits from a consistent rental demand pipeline drawn from students, faculty, and university-affiliated professionals who prioritize safety, convenience, and quality of life — making this a truly turnkey asset in a market that rarely sees inventory like it.

5602-5014 Towson View, Colorado Springs

Start Your Search

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Espi Agency, L.L.C. are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.