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Golf Course Duplex with Attached Garages
For Sale
$959,980

1228-1230 S Algonquian St, Aurora, CO 80018

Two-story units offer open living areas, private bedroom suites, upper-level laundry, and stainless-steel kitchen appliances.

Property Size3,938 SF
Days on Market217

Property Features for 1228-1230 S Algonquian St

General Information

Standard status Active
Size 3,938 SF
Property subtype Duplex

Units

Multifamily Units 2
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $10,079

Building Details

Building Size 3,938 SF
Year Built 2026
Stories 2
Listing Agency: Montano Properties
Listed By: Daniel Rob Montano
Source: Corken
Added: Mar 14 Changed: Oct 10 Last Checked: Oct 15 at 7:43AM

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 Montano Properties

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Investment Insights

Based on property information with market context.

This planned duplex at 1228-1230 S Algonquian St includes two residences, each measuring 1,969 sq. ft. across two levels. Both layouts provide three bedrooms, two-and-a-half bathrooms, open living and dining areas, stainless-steel appliances, contemporary countertops, primary suites with private bathrooms and walk-in closets, and laundry facilities upstairs. Each residence also has a two-car attached garage. Professional landscaping is planned around the property, which overlooks the 13th hole of Murphy Creek Golf Course.

The homes are estimated for completion around November/December and carry a 2026 year built designation. Buyers can select finishes for the residences, and appointments are required. The property is positioned near shopping, dining, and entertainment, with the golf course providing a direct recreational setting.

Key Highlights

  • Two‑unit duplex with 1,969 sq. ft. per unit
  • Each unit includes three bedrooms and two‑and‑a‑half bathrooms
  • Two‑car attached garage included with each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,607
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,132,140 $1.1M
Cap Rate 7%
$808,671 $808.7K
Cap Rate 9%
$628,967 $629.0K
Market Conditions
NOI Build-Up for 3,938 SF
Gross rent
$87.4K $22.20/SF
− Vacancy
−$6.6K −$1.67/SF
EGI
$80.9K $20.54/SF
− OpEx
−$24.3K −$6.16/SF
NOI
$56.6K $14.37/SF
Area
Aurora, CO
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,132,140
Cap Rate 7%
$808,671
Cap Rate 9%
$628,967

Alternative Uses

Best Use
Multifamily LT 5
$808.7K
$707.6K – $943.5K (±1% cap)
NOI $56,607 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$750.9K
$657.1K – $876.1K (±1% cap)
NOI $52,565 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$1.10M
$962.8K – $1.28M (±1% cap)
NOI $77,027 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Electrical Service Grocery & Convenience Store Kitchen & Bath Showroom Bakery Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 80018, CO

16,106
Population
5,919
Households
2.7
Avg Household Size
34
Median Age
40%
College-Educated
93%
High-School Grad
35.4 sq mi
ZIP Area
455
Density / Sq Mi
$127,390
Median Household Income
$60,104
Median Earnings
$2,542
Median Rent
$558,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-story units offer open living areas, private bedroom suites, upper-level laundry, and stainless-steel kitchen appliances.
Where is this duplex located?
The property is located at 1228-1230 S Algonquian St Aurora, CO.
What is the asking price?
The asking price for this property is $959,980.
What are key features of this property?
This property features: Two‑unit duplex with 1,969 sq. ft. per unit; Each unit includes three bedrooms and two‑and‑a‑half bathrooms; Two‑car attached garage included with each residence
More about this property
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