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427 E Washington Avenue, Hayden, CO, 81639
Downtown Duplex With Shared Porch

427 E Washington Avenue Hayden, CO 81639

For Sale
$510,000

MULTI_FAMILY - Hayden, CO

Property Size1,430 SF
Lot Size0.16 Acres
Price / SF$356.64
Days on Market127

Property Features for 427 E Washington Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3
Pets allowed Yes
Interior features Open Floorplan, Pantry
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Washer / Dryer, Range, Oven
Standard status Active
APN R6827780
Size 1,430 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2436

Utilities

Heating system Natural Gas, Hot Water(Heating), Baseboard

Building Details

Year built 1990
Flooring type Carpet - Full, Vinyl, Wood
Roof type Metal
Listing Agency: Compass
Listed By: Cheryl Foote · License #40001388
Added: Mar 25 Changed: Jul 22 Last Checked: Jul 29 at 11:06AM
MLS# S1067707

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.

Located in downtown Hayden on a quiet side street, this duplex offers a mirrored layout with two units, labeled A and B. Each side is approximately 715 square feet and includes two bedrooms and a bathroom. The units feature an open floor plan with a kitchen that connects directly to dining and living areas, along with a shared front porch. Additional amenities include a storage shed, a flat backyard, and plenty of off-street parking.

The property is being sold in its entirety. Recent updates include replaced siding, roof, and windows, as well as additional insulation added in 2020. The heating system was replaced in 2025.

With its downtown address, the home places everyday options within walking distance, and it also provides proximity to the new state of the art K-12 school, Dry Creek Park, and the Hayden airport.

Key Highlights

  • Duplex sold in its entirety in downtown Hayden on a quiet side street
  • Mirror‑image units A & B, each with approx. 715 SF, 2 bedrooms and 1 bathroom
  • Open floor plan on both sides with kitchen flowing into dining and living areas

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $43.8k $30.60
− Vacancy −$2.5k −$1.74
EGI $41.3k $28.86
− OpEx −$12.4k −$8.66
NOI $28.9k $20.20
1,430 SF · lease $30.60/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$412.6K
$361.1K – $481.4K (±1% cap)
NOI $28,885 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$380.2K
$332.7K – $443.6K (±1% cap)
NOI $26,615 @ 7.0% cap · market cap 5.22%
Theoretical Best
Warehouse
$571.9K
$500.5K – $667.3K (±1% cap)
NOI $40,036 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Frequently Asked Questions

What type of property is this?
Duplex - Quaint downtown Hayden duplex with two mirrored units, off-street parking, and recent exterior and mechanical updates.
Where is this duplex located?
The property is located at 427 E Washington Avenue Hayden, CO.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Duplex sold in its entirety in downtown Hayden on a quiet side street; Mirror‑image units A & B, each with approx. 715 SF, 2 bedrooms and 1 bathroom; Open floor plan on both sides with kitchen flowing into dining and living areas
More about this property
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