Duplex Investment Under
For Sale
$2,969,700
4266 Siferd Blvd, Colorado Springs, CO 80917
Under-construction side-by-side duplexes with fenced, landscaped yards and pre-plumbed finished basements.
Property Size15,564 SF
Days on Market51
Property Features for 4266 Siferd Blvd
General Information
Standard status
Active
Size
15,564 SF
Property subtype
Commercial
Additional Details
Fenced Yard
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$2,616
Building Details
Building Size
15,564 SF
Year Built
2026
Stories
2
Units
6
Listing Agency:
Live Dream Colorado
Listed By:
Lauren Collier · License #100035892
(719) 272-1765
Source:
Elliman
Added: Jul 20
Changed: Sep 5
Last Checked: Sep 8 at 6:50AM
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 Live Dream Colorado
Investment Insights
Based on property information with market context.
Under construction, this residential income property consists of 6 total units in 3 buildings, with each building designed as side-by-side end units. Each unit is a two-story plan with 4 bedrooms and 4 bathrooms, plus a 2-car garage. Finished basements are pre-plumbed for a wet bar and include an additional bedroom, full bathroom, and rec room.
The units are planned with open, spacious interiors and modern finishes. Kitchen features include granite counters, an island, a pantry, and shaker-style cabinetry with extended-height upper cabinets. Living areas are designed with a gas fireplace with a tile surround. Dining spaces walk out to fenced back yards. Additional listed inclusions include window blinds, A/C, garage door opener, washer and dryer, refrigerator, and kitchen appliances.
Front yards are xeriscaped, and back yards are landscaped with an auto-sprinkler system. The property is positioned on a quiet cul-de-sac and is described as convenient to Academy, Powers, Austin Bluffs, and UCCS.
The units are planned with open, spacious interiors and modern finishes. Kitchen features include granite counters, an island, a pantry, and shaker-style cabinetry with extended-height upper cabinets. Living areas are designed with a gas fireplace with a tile surround. Dining spaces walk out to fenced back yards. Additional listed inclusions include window blinds, A/C, garage door opener, washer and dryer, refrigerator, and kitchen appliances.
Front yards are xeriscaped, and back yards are landscaped with an auto-sprinkler system. The property is positioned on a quiet cul-de-sac and is described as convenient to Academy, Powers, Austin Bluffs, and UCCS.
Key Highlights
- Under construction: 6 total units in 3 side‑by‑side duplex buildings, each end unit
- Each unit features 2,594 SF with 4 bedrooms, 4 bathrooms, and a 2‑car garage
- Finished basements are pre‑plumbed for a wet bar and include a bedroom, full bathroom, and rec room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$203,853
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,077,060
$4.1M
Cap Rate 7%
$2,912,186
$2.9M
Cap Rate 9%
$2,265,033
$2.3M
Market Conditions
NOI Build-Up for 15,564 SF
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.
Gross rent
$308.2K $19.80/SF
− Vacancy
−$16.9K −$1.09/SF
EGI
$291.2K $18.71/SF
− OpEx
−$87.4K −$5.61/SF
NOI
$203.9K $13.10/SF
Area
Colorado Springs, CO
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,077,060
Cap Rate 7%
$2,912,186
Cap Rate 9%
$2,265,033
Alternative Uses
Best Use
Multifamily LT 5
$2.91M
$2.55M – $3.40M
NOI $203,853 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$2.70M
$2.36M – $3.15M
NOI $188,919 @ 7.0% cap · market cap 6.36%
Theoretical Best
Specialty Retail
$3.07M
$2.69M – $3.59M
NOI $215,157 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
Explore this area
Business Placement
Demographics for 80917, CO
30,513
Population
13,656
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
5.6 sq mi
ZIP Area
5,449
Density / Sq Mi
$72,805
Median Household Income
$39,973
Median Earnings
$1,435
Median Rent
$353,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Under-construction side-by-side duplexes with fenced, landscaped yards and pre-plumbed finished basements.
Where is this duplex located?
The property is located at 4266 Siferd Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $2,969,700.
What are key features of this property?
This property features: Under construction: 6 total units in 3 side‑by‑side duplex buildings, each end unit; Each unit features 2,594 SF with 4 bedrooms, 4 bathrooms, and a 2‑car garage; Finished basements are pre‑plumbed for a wet bar and include a bedroom, full bathroom, and rec room
