1273 Meade Street, Denver, CO 80204
Brand-new 2024 triplex with separate utilities and three units, near RTD light rail for tenant convenience.
- Added:
- Jun 25, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 27 at 3:02 am
Property Features for 1273 Meade Street
General Information
- Standard status
- Active
- Size
- 7,181 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2024
Listing office Unique Properties, Inc (303) 900-5742
Listing date Jun 25, 2026
Source Uniqueprop
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 Unique Properties, Inc
HighLights
- Brand‑new 2024 triplex offering 3 units in a 7,181 SF building
- G‑MU‑3 zoning
- Separate utility metering for each unit, with tenants paying utilities via individual accounts
- Convenient to RTD Light Rail, located about 4.5 blocks from the Perry St Light Rail Station
Overview
Located at 1273 Meade Street in Denver, the property is positioned about 4.5 blocks from the Perry St Light Rail Station, providing convenient transit access. The site is listed under G-MU-3 zoning.
For investors and owner-operators, the combination of a brand-new build, three-unit income structure, and separately metered utilities can support lower day-to-day management compared with properties where utilities are handled centrally. The independent utility setup also allows each tenant to pay utilities in addition to monthly rent, aligning with straightforward operating mechanics for rental use. This offering is presented for sale as a multifamily investment, including consideration for portfolio strategies that may include single-family rental-style management.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $181.0k | $25.20 |
| − Vacancy | −$10.5k | −$1.46 |
| EGI | $170.5k | $23.74 |
| − OpEx | −$51.1k | −$7.12 |
| NOI | $119.3k | $16.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -105.0360674
- Latitude
- 39.7360004
