New-Construction Five-Bedroom
New
For Sale
$1,400,000
4500 N Stuart St, Denver, CO 80213
Custom finishes, flexible living areas, rooftop decks, and a vaulted two-car garage define this residential income property.
Property Size2,417 SF
Days on Market4
Property Features for 4500 N Stuart St
General Information
Standard status
Active
Size
2,417 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,553
Amenities
rooftop decks
fenced backyard
Building Details
Building Size
2,417 SF
Year Built
2026
Buildings
1
Stories
3
Listing Agency:
Compass - Denver
Listed By:
Eliza Sparks
(319) 361-9190
Source:
Corken
Added: Sep 13
Changed: Sep 15
Last Checked: Sep 15 at 8:51AM
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 Compass - Denver
Investment Insights
Based on property information with market context.
Completed as new construction in 2026, this duplex combines a five-bedroom layout with custom finishes and multiple gathering areas. The main level includes engineered white oak flooring, an open kitchen with maple cabinetry, island, walk-in pantry, KitchenAid appliances, gas range, and custom hood. A bedroom and full bathroom add flexibility on the main floor, while the upper levels include a primary suite with a five-piece bathroom, two additional bedrooms, laundry, a private deck, and a bonus living area with wet bar, full bathroom, and fifth bedroom.
Outdoor features include a fenced backyard, two rooftop decks with mountain views, and an accordion door connecting the living area to the backyard. An oversized vaulted two-car garage provides vehicle and storage space. The property is located at 4500 Stuart St in Denver, one block from Tennyson Street, with nearby restaurants, coffee shops, boutiques, parks, schools, and access to I-70.
Outdoor features include a fenced backyard, two rooftop decks with mountain views, and an accordion door connecting the living area to the backyard. An oversized vaulted two-car garage provides vehicle and storage space. The property is located at 4500 Stuart St in Denver, one block from Tennyson Street, with nearby restaurants, coffee shops, boutiques, parks, schools, and access to I-70.
Key Highlights
- New‑construction duplex completed in 2026
- Five‑bedroom configuration with three full bathrooms plus a five‑piece primary bath
- Two rooftop decks with mountain views and a private primary‑suite deck
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
$40,167
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
2.87%
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%
$803,340
$803.3K
Cap Rate 7%
$573,814
$573.8K
Cap Rate 9%
$446,300
$446.3K
Market Conditions
NOI Build-Up for 2,417 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
$60.9K $25.20/SF
− Vacancy
−$3.5K −$1.46/SF
EGI
$57.4K $23.74/SF
− OpEx
−$17.2K −$7.12/SF
NOI
$40.2K $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 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%
$803,340
Cap Rate 7%
$573,814
Cap Rate 9%
$446,300
Alternative Uses
Best Use
Multifamily LT 5
$573.8K
$502.1K – $669.5K
NOI $40,167 @ 7.0% cap · market cap 2.87%
Second Best
Apartment 5plus
$524.3K
$458.7K – $611.7K
NOI $36,699 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$769.4K
$673.2K – $897.7K
NOI $53,859 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
992
Businesses Nearby
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Business Placement
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Custom finishes, flexible living areas, rooftop decks, and a vaulted two-car garage define this residential income property.
Where is this duplex located?
The property is located at 4500 N Stuart St Denver, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: New‑construction duplex completed in 2026; Five‑bedroom configuration with three full bathrooms plus a five‑piece primary bath; Two rooftop decks with mountain views and a private primary‑suite deck
