Three-Bedroom Duplex with
For Sale
$1,350,000
151 Emmett Lode Road, Breckenridge, CO 80424
Residential, BRECKENRIDGE, CO
Property Size2,568 SF
Lot Size0.25 Acres
Price / SF$525.70
Days on Market10
Property Features for 151 Emmett Lode Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3
Pets allowed
Yes
Interior features
Vaulted Ceiling(s)
Appliances
Compactor, Dishwasher, Disposal, Microwave, Range Electric, Refrigerator, Washer / Dryer, Double Oven
Subdivision
WOODMOOR AT BRECKENRIDGE SUB
View
Mountains
Standard status
Active
APN
1800494
Size
2,568 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4664
Utilities
Heating system
Natural Gas, Baseboard
Amenities
gas fireplace
deck
Building Details
Year built
1982
Flooring type
Tile, Carpet - Full
Roof type
Asphalt
Listing Agency:
Colorado Premier Resort Properties
(970) 453-0300
Listed By:
Tony Dilallo
(970) 485-2019
Added: Sep 4
Changed: Sep 12
Last Checked: Sep 13 at 1:06AM
MLS# S1071189
Copyright © 2026 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,568-square-foot duplex sits on a 0.25-acre lot and includes three bedrooms, vaulted ceilings, tile and full carpet flooring, and a west-facing deck oriented toward mountain views. A gas fireplace adds a central feature to the living room, while abundant windows bring natural light into the interior. The property also provides a one-car garage and covered carport.
Built in 1982, the duplex is heated by natural-gas baseboard systems and has an asphalt roof. The kitchen includes a double oven, electric range, refrigerator, dishwasher, disposal, microwave, compactor, and washer/dryer. Both the roof and furnace were replaced in 2025.
A free Summit Stage bus stop is nearby, with downtown Breckenridge accessible by transit. Baldy Trailhead is within walking distance for hiking and cross-country skiing.
Built in 1982, the duplex is heated by natural-gas baseboard systems and has an asphalt roof. The kitchen includes a double oven, electric range, refrigerator, dishwasher, disposal, microwave, compactor, and washer/dryer. Both the roof and furnace were replaced in 2025.
A free Summit Stage bus stop is nearby, with downtown Breckenridge accessible by transit. Baldy Trailhead is within walking distance for hiking and cross-country skiing.
Key Highlights
- 2,568‑square‑foot duplex on a 0.25‑acre lot
- Three‑bedroom layout with vaulted ceilings and a west‑facing deck
- Mountain views from the living room and deck
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,808
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$856,160
$856.2K
Cap Rate 7%
$611,543
$611.5K
Cap Rate 9%
$475,644
$475.6K
Market Conditions
NOI Build-Up for 2,568 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$64.7K $25.20/SF
− Vacancy
−$3.6K −$1.39/SF
EGI
$61.2K $23.81/SF
− OpEx
−$18.3K −$7.14/SF
NOI
$42.8K $16.67/SF
Area
Summit County, CO
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$856,160
Cap Rate 7%
$611,543
Cap Rate 9%
$475,644
Alternative Uses
Best Use
Multifamily LT 5
$611.5K
$535.1K – $713.5K
NOI $42,808 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$564.7K
$494.1K – $658.9K
NOI $39,531 @ 7.0% cap · market cap 2.93%
Theoretical Best
Warehouse
$51.11M
$44.72M – $59.63M
NOI $3,577,905 @ 7.0% cap · market cap 265.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 80424, CO
10,474
Population
11,886
Households
0.9
Avg Household Size
38
Median Age
55%
College-Educated
94%
High-School Grad
125.9 sq mi
ZIP Area
83
Density / Sq Mi
$109,497
Median Household Income
$49,958
Median Earnings
$2,029
Median Rent
$970,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Mountain views, a gas fireplace, garage, and covered carport complement the residential layout.
Where is this duplex located?
The property is located at 151 Emmett Lode Road Breckenridge, CO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2,568‑square‑foot duplex on a 0.25‑acre lot; Three‑bedroom layout with vaulted ceilings and a west‑facing deck; Mountain views from the living room and deck
