Duplex with Private Roof
For Sale
$1,595,000
1246 N Tennyson St, Denver, CO 80204
Each residence includes private outdoor areas, a garage, and separate utility meters.
Property Size3,290 SF
Price / SF$484.80
Days on Market13
Property Features for 1246 N Tennyson St
General Information
Standard status
Active
Size
3,290 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
G-MU-3
Site & Location
Neighborhood
Villa Park
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 3BR/3.5BA
Multifamily Units
2
Parking per Unit
1
Individually Metered Utilities
electricity, gas
Additional Details
Cap Rate
5.7%
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,464
Amenities
private outdoor spaces
fenced yards
dog runs
roof deck
wet bar
beverage fridge
gas stoves
smart garage door opener
Nest thermostats
video doorbells
wifi locks
pre-wired for electric car charger
Full,Crawl Space,Structural Floor,Built-In Radon,Sump Pump
8
6
Assessor
Insert,Two or More,Electric
Eat-in Kitchen,Open Floorplan,Pantry,Walk-In Closet(s),Wet Bar,Kitchen Island
3290
Fenced,Dog Run/Kennel
Level,House Faces West,Gutters
City
3341
1 Space/Unit
2
0.08
No
Detached
Sprinkler System,Balcony
Building Details
Building Size
3,290 SF
Year Built
2025
Listing Agency:
(970) 594-9228
Listed By:
Natalie Pierson
Source:
Focalrealestategroup
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 2:41PM
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 Natalie Pierson
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Investment Insights
Based on property information with market context.
This 2025 duplex comprises two leased, fee-simple residences totaling 3,290 square feet. Each unit has three bedrooms, 3.5 bathrooms, an open first-floor kitchen and living area, and a third-floor bonus room with a wet bar and beverage fridge. Private fenced yards, dog runs, roof decks, and one-car garages serve each residence. Interior features include gas ranges, kitchen islands, and smart-home equipment. The units have separate Xcel utility meters and no HOA or shared land; they may also be sold separately.
The property is at 1246 N Tennyson St in Denver, across from Nettie Moore Park and near Dry Gulch Open Space trails. Alamo Drafthouse and nearby retail and restaurants are three blocks away, Sloan’s Lake is five blocks away, and light rail is two blocks away. Zoning is G-MU-3.
The property is at 1246 N Tennyson St in Denver, across from Nettie Moore Park and near Dry Gulch Open Space trails. Alamo Drafthouse and nearby retail and restaurants are three blocks away, Sloan’s Lake is five blocks away, and light rail is two blocks away. Zoning is G-MU-3.
Key Highlights
- Two leased fee‑simple duplex units, completed in 2025
- 3,290 square feet total; each unit has 3 bedrooms and 3.5 bathrooms
- Each residence has a private fenced yard, dog run, roof deck, and one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,675
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,093,500
$1.1M
Cap Rate 7%
$781,071
$781.1K
Cap Rate 9%
$607,500
$607.5K
Market Conditions
NOI Build-Up for 3,290 SF
Gross rent
$82.9K $25.20/SF
− Vacancy
−$4.8K −$1.46/SF
EGI
$78.1K $23.74/SF
− OpEx
−$23.4K −$7.12/SF
NOI
$54.7K $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%
$1,093,500
Cap Rate 7%
$781,071
Cap Rate 9%
$607,500
Alternative Uses
Best Use
Multifamily LT 5
$781.1K
$683.4K – $911.3K
NOI $54,675 @ 7.0% cap · market cap 3.43%
Second Best
Apartment 5plus
$713.6K
$624.4K – $832.6K
NOI $49,954 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$1.05M
$916.4K – $1.22M
NOI $73,313 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
978
Businesses Nearby
Explore this area
Business Placement
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes private outdoor areas, a garage, and separate utility meters.
Where is this duplex located?
The property is located at 1246 N Tennyson St Denver, CO.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Two leased fee‑simple duplex units, completed in 2025; 3,290 square feet total; each unit has 3 bedrooms and 3.5 bathrooms; Each residence has a private fenced yard, dog run, roof deck, and one‑car garage
