Updated Half-Duplex Residential
For Sale
$655,000
1170 Krameria St, Denver, CO 80220
Open-concept residence with a finished basement, private fenced yard, and covered patio.
Property Size1,549 SF
Days on Market24
Property Features for 1170 Krameria St
General Information
Standard status
Active
Size
1,549 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$2,547
Building Details
Building Size
1,549 SF
Year Built
1961
Listing Agency:
Milehimodern
Listed By:
Joie Eckhard
(303) 883-4091
Source:
Corken
Added: Sep 17
Changed: Oct 5
Last Checked: Oct 10 at 2:47AM
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 Milehimodern
Investment Insights
Based on property information with market context.
This Montclair half-duplex combines an open main level with substantial finished space below. The living, dining, and kitchen areas share an open-concept layout, while floor-to-ceiling windows bring natural light into the living area. The kitchen includes quartz countertops, two-tone soft-close cabinetry, stainless steel appliances, and generous storage. The primary bedroom has an en-suite bathroom with a double-sink vanity and oversized rain shower. A fully finished basement, completed in 2024, expands the usable interior.
Major improvements completed in 2022 include the roof, furnace, and AC, along with new windows. Exterior features include a covered patio and private fenced yard. With one shared wall, the property offers a half-duplex configuration with a single-family residential feel. Mayfair Park is one block away, while La Fillette Bakery and the shops and restaurants of 9th+CO are nearby.
Major improvements completed in 2022 include the roof, furnace, and AC, along with new windows. Exterior features include a covered patio and private fenced yard. With one shared wall, the property offers a half-duplex configuration with a single-family residential feel. Mayfair Park is one block away, while La Fillette Bakery and the shops and restaurants of 9th+CO are nearby.
Key Highlights
- Half‑duplex with only one shared wall
- Fully finished basement completed in 2024
- 2022 improvements include roof, furnace, AC, and new windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,519
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,380
$470.4K
Cap Rate 7%
$335,986
$336.0K
Cap Rate 9%
$261,322
$261.3K
Market Conditions
NOI Build-Up for 1,549 SF
Gross rent
$45.5K $29.40/SF
− Vacancy
−$2.8K −$1.79/SF
EGI
$42.8K $27.61/SF
− OpEx
−$19.2K −$12.42/SF
NOI
$23.5K $15.18/SF
Area
Denver, CO
Vacancy
6.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,380
Cap Rate 7%
$335,986
Cap Rate 9%
$261,322
Alternative Uses
Best Use
Apartment 5plus
$336.0K
$294.0K – $392.0K
NOI $23,519 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$493.1K
$431.5K – $575.3K
NOI $34,517 @ 7.0% cap · market cap 5.27%
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
986
Businesses Nearby
Explore this area
Business Placement
Demographics for 80220, CO
37,233
Population
17,675
Households
2.1
Avg Household Size
37
Median Age
66%
College-Educated
94%
High-School Grad
5.2 sq mi
ZIP Area
7,160
Density / Sq Mi
$101,961
Median Household Income
$61,568
Median Earnings
$1,621
Median Rent
$739,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Open-concept residence with a finished basement, private fenced yard, and covered patio.
Where is this residential income property located?
The property is located at 1170 Krameria St Denver, CO.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Half‑duplex with only one shared wall; Fully finished basement completed in 2024; 2022 improvements include roof, furnace, AC, and new windows
