Is 367 S Jasmine St a Smart Airbnb Investment in Denver? Here's What You Need to Know First

If you've been eyeing 367 S Jasmine St as a possible Airbnb play, you're not wrong to be excited about the location — but before you run the numbers on nightly rates, there's one rule that changes everything about how (and whether) this property can legally operate as a short-term rental in Denver. Here's what the home offers, what the city actually allows, and how to structure this purchase so it's both profitable and compliant.

Where Is 367 S Jasmine St, and Why Could It Work for Airbnb?

367 S Jasmine St is a 2-bedroom, 1-bath bungalow (roughly 829 square feet) built in 1941, sitting on a 6,250-square-foot lot in Denver's Washington Virginia Vale neighborhood — sometimes called South Hilltop. It's listed at $389,900.

The neighborhood is a big part of the appeal. Washington Virginia Vale sits in southeast Denver between Alameda, Dahlia, Cherry Creek Drive North, and Quebec, with quick access to the Cherry Creek Trail, Cherry Creek's shops and restaurants, Garland Park, and the historic Four Mile Historic Park. It's a quiet, tree-lined residential pocket with strong walkability to daily conveniences (Super Target, King Soopers, local restaurants) while staying minutes from one of Denver's most in-demand shopping and dining districts — exactly the kind of setting short-term rental guests search for when they want a "local neighborhood" stay near the action rather than a downtown hotel.

Is Airbnb Actually Legal in Denver?

Yes — but only under specific conditions. Denver allows short-term rentals (stays under 30 nights), but every licensed host must operate out of their primary residence. The city does not issue short-term rental licenses for investment properties, second homes, or any property the owner doesn't actually live in.

This is the single most important fact for anyone considering 367 S Jasmine St — or any Denver property — purely as an absentee-owner Airbnb. Under current city rules, that plan isn't legal.

What Is Denver's Primary Residence Requirement — and Does This Property Meet It?

Denver's short-term rental ordinance defines "primary residence" as the place where you actually live full-time — not a property you visit occasionally, use only when it's not booked, or return to just for cleaning between guests. The city checks this through:

• Voter registration and driver's license address
• Where you file taxes
• How often you're actually present at the property over the year
• Whether you claim another address for legal or business purposes

If you buy 367 S Jasmine St and live there as your actual home, it meets the requirement and is eligible for a short-term rental license. If you buy it strictly as a rental property you don't live in, it does not qualify — no exceptions, regardless of how the property is set up.

Because this home doesn't have a separate accessory dwelling unit (it's a single-story bungalow with a partial basement), the realistic legal path here is renting it — or a portion of it — while you live there, not running it as a hands-off investment.

What Could a Host Realistically Earn Here?

Earnings vary widely by season, management, and how much of the home is rented, but third-party host data for the Denver market points to average annual short-term rental income in the range of roughly $30,000, with July typically the strongest month. Those figures come from aggregated host data across Denver generally, not this address specifically, so treat them as a planning benchmark rather than a guarantee — your actual results will depend on how the space is furnished, priced, and marketed.

An owner living at 367 S Jasmine St and renting the home while traveling, or renting a room while living there, could use that income to meaningfully offset a mortgage payment (estimated around $2,363/month at current rates with 20% down) — which is a very different, and very legal, version of "Airbnb income" than the absentee-investor pitch.

What Happens If You Run an Unlicensed Short-Term Rental in Denver?

This is worth taking seriously. Denver enforces its short-term rental rules with real penalties:

• Up to a $999 fine per violation for operating without a license
• License revocation for repeat violations
• Booking platforms are required to block unlicensed listings, so an unlicensed property can simply get delisted from Airbnb or Vrbo
• Falsifying your primary residence status is a criminal offense in Colorado, with potential felony charges, prison time, and fines up to $500,000 in serious cases

In short: this isn't a gray area the city overlooks. Buying this property specifically to run an unlicensed Airbnb is a real legal and financial risk, not a loophole.

Is There a Legal Path to Airbnb Income at This Property?

Yes — if you're the one living there. Realistic, compliant options at 367 S Jasmine St include:

• Live in the home and rent it out short-term when you travel. Fully compliant, since it remains your primary residence.
• Live in the home and rent a spare bedroom on Airbnb while you're there — a common "house hacking" strategy that offsets your mortgage without breaking any rules.
• Skip the short-term license entirely and rent it as a furnished 30-plus-day stay (traveling professionals, medical staff, corporate relocations). Rentals of 30 nights or longer fall outside Denver's short-term rental licensing rules altogether, so this avoids the primary-residence requirement completely — a strategy worth exploring if you want rental income without living there.
• Buy it as a traditional long-term rental and skip the Airbnb angle if hands-off investment is the real goal.

The two required licenses for a compliant short-term rental are a general business license and a short-term rental license from Denver's Department of Excise and Licenses, plus registration for lodger's tax. Combined city and state taxes on short-term stays currently run close to 19-20%, which should factor into any income projection.

Image suggestion: Interior photo of the living area, styled for short-term rental appeal. Alt text: "Bright living room at 367 S Jasmine St, staged for potential short-term rental guests."

Next Steps If You Want to Buy 367 S Jasmine St for Its Rental Potential

If the owner-occupied Airbnb or house-hacking route sounds right for you, the next step is touring the home and talking through what a realistic income scenario looks like based on how you'd actually use the space. If a hands-off investment is more your goal, we can also look at properties and rental structures built for that from the start.

Frequently Asked Questions

Is Airbnb legal in Denver? Yes, but only for hosts who operate out of their primary residence. Denver does not license short-term rentals on investment properties or homes the owner doesn't live in.

Do I have to live in a home to list it on Airbnb in Denver? Yes. Denver requires short-term rental license holders to occupy the property as their primary residence, verified through documentation like voter registration, driver's license address, and tax filings.

How much does a Denver short-term rental license cost? Applications run up to $150 initially, with a $100 annual renewal, plus a general business license and lodger's tax registration.

What's the penalty for an unlicensed Airbnb in Denver? Fines up to $999 per violation, potential license revocation, automatic delisting from booking platforms, and — for falsified primary residence claims — possible felony charges.

Can I rent out just a basement or ADU on Airbnb in Denver? Yes, if you live in the main structure as your primary residence, you can rent an accessory dwelling unit or basement short-term, generally limited to one active rental at a time.

Sources

1. City and County of Denver — Short-Term Rentals Laws, Rules & Regulations
2. City and County of Denver — Short-Term Rental FAQ

This post is for general informational purposes and reflects publicly available regulations as of September 2026. Short-term rental rules can change — confirm current requirements with Denver's Department of Excise and Licenses before purchasing with an Airbnb strategy in mind.

Curious what owner-occupied Airbnb income could realistically look like at 367 S Jasmine St — or want to see other properties built for hands-off rental income? Reach out to Andria and the Seed Property Group team to tour the home and talk through the numbers.