Duplex with Vaulted
For Sale
$1,835,000
180 Emmett Lode Road, Breckenridge, CO 80424
Residential, BRECKENRIDGE, CO
Property Size3,419 SF
Lot Size0.20 Acres
Price / SF$536.71
Days on Market73
Property Features for 180 Emmett Lode Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3
Pets allowed
Yes
Interior features
Five Piece Bath, Granite Counters, High Ceilings, Jack & Jill Bath, Open Floorplan, Primary Suite, Spa/Hot Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Fireplace
1
Appliances
Cooktop Gas, Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven, Washer / Dryer, Wine Cooler, Double Oven
Subdivision
WOODMOOR AT BRECKENRIDGE SUB
View
Mountains
Standard status
Active
APN
6511653
Size
3,419 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6740
Utilities
Heating system
Radiant
Amenities
stone fireplace
wraparound deck
wet bar
Building Details
Year built
2001
Flooring type
Carpet - Full, Wood, Tile
Roof type
Asphalt
Listing Agency:
Keller Williams Top Of Rockies · Keller Williams Realty
(970) 368-7000
Listed By:
Anne Skinner · License #100051210
(970) 389-6987
Added: Jun 18
Changed: Aug 28
Last Checked: Aug 29 at 3:06AM
MLS# S1069788
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 3,419-square-foot duplex in Breckenridge offers four bedrooms and 3.5 baths within a 2001-built residence. The main living area features 30-foot ceilings, extensive glass, a stone fireplace, and an open floor plan that connects to a wraparound deck. A second-level living room and wet bar add separation between gathering spaces, while the interior includes a primary suite, granite counters, vaulted ceilings, and a five-piece bath.
The property occupies 0.2048 acres at 180 Emmett Lode Road, with downtown Breckenridge minutes away and access to the free Summit Stage nearby. Radiant heating, a spa/hot tub, gas cooktop, double oven, wine cooler, washer/dryer, tile, carpet, and wood flooring are included. The home also has an established rental history.
The property occupies 0.2048 acres at 180 Emmett Lode Road, with downtown Breckenridge minutes away and access to the free Summit Stage nearby. Radiant heating, a spa/hot tub, gas cooktop, double oven, wine cooler, washer/dryer, tile, carpet, and wood flooring are included. The home also has an established rental history.
Key Highlights
- 3,419 square feet with 4 bedrooms and 3.5 baths
- 30‑foot ceilings and extensive glass in the great room
- Wraparound deck, upstairs living room, and large wet bar
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
$56,994
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
3.11%
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%
$1,139,880
$1.1M
Cap Rate 7%
$814,200
$814.2K
Cap Rate 9%
$633,267
$633.3K
Market Conditions
NOI Build-Up for 3,419 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
$86.2K $25.20/SF
− Vacancy
−$4.7K −$1.39/SF
EGI
$81.4K $23.81/SF
− OpEx
−$24.4K −$7.14/SF
NOI
$57.0K $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%
$1,139,880
Cap Rate 7%
$814,200
Cap Rate 9%
$633,267
Alternative Uses
Best Use
Multifamily LT 5
$814.2K
$712.4K – $949.9K
NOI $56,994 @ 7.0% cap · market cap 3.11%
Second Best
Apartment 5plus
$751.9K
$657.9K – $877.2K
NOI $52,632 @ 7.0% cap · market cap 2.87%
Theoretical Best
Warehouse
$68.05M
$59.54M – $79.39M
NOI $4,763,573 @ 7.0% cap · market cap 259.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Four-bedroom mountain residence with flexible living areas, a wraparound deck, wet bar, and established rental history.
Where is this duplex located?
The property is located at 180 Emmett Lode Road Breckenridge, CO.
What is the asking price?
The asking price for this property is $1,835,000.
What are key features of this property?
This property features: 3,419 square feet with 4 bedrooms and 3.5 baths; 30‑foot ceilings and extensive glass in the great room; Wraparound deck, upstairs living room, and large wet bar
