Historic Duplex with Garage
For Sale
$1,000,000
1134 Josephine St, Denver, CO 80206
Includes basement storage, shared laundry, and a fenced outdoor area with garden space.
Property Size3,378 SF
Price / SF$296.03
Days on Market56
Property Features for 1134 Josephine St
General Information
Standard status
Active
Size
3,378 SF
Total Parking Spaces
5
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
needs updating and attention
Amenities
community laundry area
shared community outdoor space
fenced backyard
garden area
Building Details
Year Built
1899
Listing Agency:
Epique Realty
Listed By:
Rikki Brewer · License #100093946
(720) 308-1263
Source:
Hudsonstonegateteam
Added: Aug 20
Changed: Sep 19
Last Checked: Oct 7 at 12:58PM
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 Epique Realty
Investment Insights
Based on property information with market context.
This duplex dates to 1899 and includes multiple living spaces within an older residential structure being sold strictly as-is. The lower level provides storage along with a shared laundry area for residents. The property requires updating and additional attention, while retaining historic character and an established residential layout.
Exterior amenities include a shared outdoor area, fenced backyard, and garden space. Parking is provided by four garage spaces and a carport, adding substantial off-street capacity. The property is located in Denver’s Congress Park area, just blocks from Denver Botanic Gardens and near restaurants, shops, and parks.
Exterior amenities include a shared outdoor area, fenced backyard, and garden space. Parking is provided by four garage spaces and a carport, adding substantial off-street capacity. The property is located in Denver’s Congress Park area, just blocks from Denver Botanic Gardens and near restaurants, shops, and parks.
Key Highlights
- Duplex property built in 1899
- Four garage spaces plus a carport
- Basement includes storage and a community laundry area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,138
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,760
$1.1M
Cap Rate 7%
$801,971
$802.0K
Cap Rate 9%
$623,756
$623.8K
Market Conditions
NOI Build-Up for 3,378 SF
Gross rent
$85.1K $25.20/SF
− Vacancy
−$4.9K −$1.46/SF
EGI
$80.2K $23.74/SF
− OpEx
−$24.1K −$7.12/SF
NOI
$56.1K $16.62/SF
Area
Denver, CO
Vacancy
5.79%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,760
Cap Rate 7%
$801,971
Cap Rate 9%
$623,756
Alternative Uses
Best Use
Multifamily LT 5
$802.0K
$701.7K – $935.6K
NOI $56,138 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$732.7K
$641.1K – $854.8K
NOI $51,290 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.08M
$940.9K – $1.25M
NOI $75,274 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,016
Businesses Nearby
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Business Placement
Demographics for 80206, CO
26,108
Population
15,580
Households
1.7
Avg Household Size
38
Median Age
78%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
10,443
Density / Sq Mi
$102,248
Median Household Income
$69,908
Median Earnings
$1,694
Median Rent
$892,200
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 - Includes basement storage, shared laundry, and a fenced outdoor area with garden space.
Where is this duplex located?
The property is located at 1134 Josephine St Denver, CO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Duplex property built in 1899; Four garage spaces plus a carport; Basement includes storage and a community laundry area
