1351 Franklin
VA Assumable
3.85% Rate
50 photos
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1351 Franklin

Denver, CO 80218

5
Bedrooms
4
Bathrooms
4,052
Sq Ft

Payment Calculator

$7,680per month

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$76,250
$76,250$375,370
Secondary Financing8.5% Rate
$299,120
Blended rate4.81% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$9,157/mo
Assumable @ 3.85% + gap
$7,680/mo
$1,478less per month
$1,478
per month
$17,731
per year
$531,928
over 30 years

🏦 Loan Details

List Price
$1,524,999
Assumable Rate
3.85%
Remaining Balance
$1,147,490
Loan Type
VA
Est. Equity Gap
$375,370
Annual Taxes
$7,142

About This Home

New price + $20K seller concession. This iconic 1886 Queen Anne Victorian near Cheesman Park offers something rarely found in central Denver: over 4,000 finished sq ft, preserved historic character, major recent improvements, and a fully separate private-entry garden-level residence.\r \r Original stained glass, intricate millwork, pocket doors, fireplace tile surrounds, hardwood floors, and a signature corner turret give the home the timeless character buyers want in a true Denver historic property, while thoughtful updates make it livable for today.\r \r The private garden-level residence includes its own entrance, full kitchen, 1 bedroom, and 1 bathroom, creating flexible space for multigenerational living, an au pair, long-term guests, work-from-home needs, or optional rental income. Depending on use, the space has offered income potential of up to approximately $5,000/month.\r \r The main home features formal and informal living spaces, a custom kitchen with premium appliances, 5 bedrooms, 4 bathrooms, and a spa-inspired primary suite with a fully customized bath and shower. With multiple levels of living, the home provides rare flexibility for everyday life, entertaining, guests, or separate work and living zones.\r \r Recent major improvements include a newer roof, gutters, skylights, and a fully replaced sewer line — valuable peace of mind in a historic home. A detached garage, smart home features, and lush outdoor spaces complete the property.\r \r Just steps from Cheesman Park and a short distance to Cherry Creek, this home combines historic architecture, rare scale, modern livability, and income-flexible living in one of Denver’s most beloved neighborhoods.\r \r Assumable 2.25% VA loan for veterans with VA entitlement. \r \r Listing Agent has ownership interest in the home.

Data Source: REcolorado MLS

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$1,524,999
3.85% rateVASave $3,331/mo

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