Legal Triplex with Varied Unit
For Sale
$915,000
1251 Brentwood Street, Denver, CO 80214
Three distinct residences combine private entrances, updated interiors, outdoor space, and off-street parking at a Denver property.
Property Size3,454 SF
Days on Market48
Property Features for 1251 Brentwood Street
General Information
Standard status
Active
Size
3,454 SF
Total Parking Spaces
9
Property subtype
Triplex
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Gross Income
$54,000
Taxes and HOA fees
Annual Taxes
$5,352
Amenities
hardwood floors
screened-in porch
jetted tub
stainless-steel appliances
recessed lighting
mini-split system
multiple private entrances
fenced outdoor area
lawn
patio
covered gazebo
Building Details
Building Size
3,454 SF
Year Built
2000
Listing Agency:
Guide Real Estate
Listed By:
Tammy Deitz · License #FA40039767
(303) 875-2622
Source:
Eliselosassore
Added: Sep 6
Changed: Oct 11
Last Checked: Oct 21 at 6:43AM
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 Guide Real Estate
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Investment Insights
Based on property information with market context.
Built in 2000, this legal triplex contains three separately configured residences: an upper 3-bedroom, 2-bath home, a lower 2-bedroom, 1-bath unit, and a separately addressed 1-bedroom, 1-bath residence. One unit is vacant while two are occupied. Interior features include hardwood flooring, a large kitchen with extensive cabinetry, stainless-steel appliances, recessed lighting, generous living and dining areas, a screened porch, and a primary suite with a jetted tub. The one-bedroom residence has its own entrance, full bath, and mini-split system.
The property includes nine reported off-street parking spaces, multiple private entrances, in-unit appliances, and a fenced outdoor area with lawn, patio, and covered gazebo. Tenant utility use is submetered and billed through a third-party provider. The Denver address provides access to central Lakewood, parks, shopping, dining, and commuter routes.
The property includes nine reported off-street parking spaces, multiple private entrances, in-unit appliances, and a fenced outdoor area with lawn, patio, and covered gazebo. Tenant utility use is submetered and billed through a third-party provider. The Denver address provides access to central Lakewood, parks, shopping, dining, and commuter routes.
Key Highlights
- Legal triplex built in 2000 with one vacant unit and two occupied units
- Unit mix includes 3‑bedroom, 2‑bath; 2‑bedroom, 1‑bath; and 1‑bedroom, 1‑bath residences
- Nine reported off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,401
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,020
$1.1M
Cap Rate 7%
$820,014
$820.0K
Cap Rate 9%
$637,789
$637.8K
Market Conditions
NOI Build-Up for 3,454 SF
Gross rent
$87.0K $25.20/SF
− Vacancy
−$5.0K −$1.46/SF
EGI
$82.0K $23.74/SF
− OpEx
−$24.6K −$7.12/SF
NOI
$57.4K $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%
$1,148,020
Cap Rate 7%
$820,014
Cap Rate 9%
$637,789
Alternative Uses
Best Use
Multifamily LT 5
$820.0K
$717.5K – $956.7K
NOI $57,401 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$749.2K
$655.6K – $874.1K
NOI $52,444 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$1.10M
$962.1K – $1.28M
NOI $76,967 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,435
Businesses Nearby
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Business Placement
Demographics for 80214, CO
26,493
Population
13,298
Households
2
Avg Household Size
36
Median Age
39%
College-Educated
89%
High-School Grad
4.7 sq mi
ZIP Area
5,637
Density / Sq Mi
$74,259
Median Household Income
$48,094
Median Earnings
$1,516
Median Rent
$519,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three distinct residences combine private entrances, updated interiors, outdoor space, and off-street parking at a Denver property.
Where is this triplex located?
The property is located at 1251 Brentwood Street Denver, CO.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Legal triplex built in 2000 with one vacant unit and two occupied units; Unit mix includes 3‑bedroom, 2‑bath; 2‑bedroom, 1‑bath; and 1‑bedroom, 1‑bath residences; Nine reported off‑street parking spaces
