Ranch-Style Duplex with
For Sale
$1,000,000
1370-1372 Zenobia Street, Denver, CO 80204
Updated interiors and replaced major systems support occupancy across the two-unit property.
Property Size3,174 SF
Price / SF$315.06
Days on Market47
Property Features for 1370-1372 Zenobia Street
General Information
Standard status
Active
Size
3,174 SF
Property subtype
Residential Income
Site & Location
Neighborhood
West Colfax
Taxes and HOA fees
Annual Taxes
$2,132
Amenities
Electric Range, Dishwasher, Disposal
Open Floorplan
Brick
Building Details
Year Built
1952
Listing Agency:
Keller Williams-DTC
Listed By:
EmpowerHome Team-Colorado Front Range
(303) 940-4952
Source:
Compass
Added: Sep 18
Changed: Nov 1
Last Checked: Nov 1 at 4:07PM
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 Keller Williams-DTC
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Investment Insights
Based on property information with market context.
This 1952 duplex has a single-story ranch-style form and 3,174 square feet of property size. Its described layout includes two bedrooms and one bathroom on the main level, with the same bedroom and bath count in the basement. Hardwood flooring, cabinetry, appliances, tile, and interior finishes have been updated. The brick exterior is complemented by a detached two-car garage.
Major work includes a newer roof, updated electrical panels, central air conditioning, and a replacement sewer line. The property is near Sloan’s Lake Park and Edgewater Public Market, with Downtown Denver and light rail access also noted in the surrounding area.
Major work includes a newer roof, updated electrical panels, central air conditioning, and a replacement sewer line. The property is near Sloan’s Lake Park and Edgewater Public Market, with Downtown Denver and light rail access also noted in the surrounding area.
Key Highlights
- Duplex with a ranch‑style, single‑story layout
- 3,174 square feet of property size; built in 1952
- Two bedrooms and one bathroom on the main level and in the basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,748
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,054,960
$1.1M
Cap Rate 7%
$753,543
$753.5K
Cap Rate 9%
$586,089
$586.1K
Market Conditions
NOI Build-Up for 3,174 SF
Gross rent
$80.0K $25.20/SF
− Vacancy
−$4.6K −$1.46/SF
EGI
$75.4K $23.74/SF
− OpEx
−$22.6K −$7.12/SF
NOI
$52.7K $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%
$1,054,960
Cap Rate 7%
$753,543
Cap Rate 9%
$586,089
Alternative Uses
Best Use
Multifamily LT 5
$753.5K
$659.4K – $879.1K
NOI $52,748 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$688.5K
$602.4K – $803.2K
NOI $48,193 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$1.01M
$884.1K – $1.18M
NOI $70,728 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
874
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 - Updated interiors and replaced major systems support occupancy across the two-unit property.
Where is this duplex located?
The property is located at 1370-1372 Zenobia Street Denver, CO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Duplex with a ranch‑style, single‑story layout; 3,174 square feet of property size; built in 1952; Two bedrooms and one bathroom on the main level and in the basement
