Updated Duplex Backing Open
For Sale
$415,000
1055 E 78th Pl, Denver, CO 80229
Three-bedroom duplex with an attached garage, remodeled kitchen, private yard, and trail access toward Rotella Park.
Property Size1,440 SF
Price / SF$288.19
Days on Market56
Property Features for 1055 E 78th Pl
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,092
Amenities
private yard
upper-level laundry
Building Details
Building Size
1,440 SF
Year Built
1999
Listing Agency:
RE/MAX Alliance
Listed By:
Eric Lumsden · License #100068995
(720) 772-8977
Source:
Corken
Added: Aug 22
Changed: Oct 8
Last Checked: Oct 15 at 6:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Alliance
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This updated duplex offers 1,440 finished square feet with three bedrooms, 2 1/2 baths, and an attached garage. The main level includes connected living and kitchen areas, an eat-in space, pantry storage, and a powder room. Upstairs, all bedrooms are grouped with two full bathrooms and laundry. The primary suite adds a private bath and walk-in closet. Engineered hardwood flooring runs throughout without carpet, while newer windows and a heat pump HVAC system provide additional completed improvements.
The private yard backs to open space and connects with a neighborhood trail toward Rotella Park. Nearby recreational amenities include walking and jogging paths, picnic shelters, barbecue areas, basketball, sand volleyball, ponds, a playground, and green space. Access to I-25, I-76, US-36, and RTD transportation supports travel to Denver, Thornton, Northglenn, and Commerce City. HOA services include grounds and structure maintenance plus trash service.
The private yard backs to open space and connects with a neighborhood trail toward Rotella Park. Nearby recreational amenities include walking and jogging paths, picnic shelters, barbecue areas, basketball, sand volleyball, ponds, a playground, and green space. Access to I-25, I-76, US-36, and RTD transportation supports travel to Denver, Thornton, Northglenn, and Commerce City. HOA services include grounds and structure maintenance plus trash service.
Key Highlights
- 3‑bedroom, 2 1/2‑bath duplex with 1,440 finished square feet
- Attached garage and private yard backing to open space
- Remodeled kitchen with quartz countertops, pantry storage, and eat‑in area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,422
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,440
$428.4K
Cap Rate 7%
$306,029
$306.0K
Cap Rate 9%
$238,022
$238.0K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$32.0K $22.20/SF
− Vacancy
−$1.4K −$0.95/SF
EGI
$30.6K $21.25/SF
− OpEx
−$9.2K −$6.38/SF
NOI
$21.4K $14.88/SF
Area
ZIP 80229
Vacancy
4.27%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,440
Cap Rate 7%
$306,029
Cap Rate 9%
$238,022
Alternative Uses
Best Use
Multifamily LT 5
$306.0K
$267.8K – $357.0K
NOI $21,422 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$281.4K
$246.2K – $328.3K
NOI $19,696 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$437.1K
$382.5K – $510.0K
NOI $30,598 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
Explore this area
Business Placement
Demographics for 80229, CO
54,153
Population
20,130
Households
2.7
Avg Household Size
33
Median Age
20%
College-Educated
79%
High-School Grad
12.5 sq mi
ZIP Area
4,332
Density / Sq Mi
$83,450
Median Household Income
$42,198
Median Earnings
$1,719
Median Rent
$382,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Three-bedroom duplex with an attached garage, remodeled kitchen, private yard, and trail access toward Rotella Park.
Where is this duplex located?
The property is located at 1055 E 78th Pl Denver, CO.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 3‑bedroom, 2 1/2‑bath duplex with 1,440 finished square feet; Attached garage and private yard backing to open space; Remodeled kitchen with quartz countertops, pantry storage, and eat‑in area
