Duplex With Detached
1370 Zenobia St, Denver, CO 80204
For Sale
$515,000
The main floor and basement each have two bedrooms and one bathroom.
Property Size1,587 SF
Days on Market20
Property Features for 1370 Zenobia St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Construction
Listing Agency:
Keller Williams Realty Northern Colorado
Listed By:
EmpowerHome Team Colorado
(303) 424-7575
Source:
Corken
Added: Oct 21
Changed: Nov 9
Last Checked: Nov 8 at 4:15PM
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 Realty Northern Colorado
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Investment Insights
Based on property information with market context.
This remodeled, one-story duplex has a ranch-style layout, with two bedrooms and one bathroom on the main floor and the same configuration in the basement. Interior finishes include hardwood flooring, updated cabinetry, appliances, tile, backsplash, trim, and other finish work. Recent property improvements include a roof, electrical panels, central air conditioning, and sewer line. A detached two-car garage provides off-street parking and storage.
The property is in Denver, with Sloan’s Lake Park and Edgewater Public Market identified nearby. Downtown Denver and light rail access are also noted in the surrounding-area information.
The property is in Denver, with Sloan’s Lake Park and Edgewater Public Market identified nearby. Downtown Denver and light rail access are also noted in the surrounding-area information.
Key Highlights
- Two bedrooms and one bathroom on each of the main floor and basement
- Detached two‑car garage
- One‑story ranch‑style duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,374
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,480
$527.5K
Cap Rate 7%
$376,771
$376.8K
Cap Rate 9%
$293,044
$293.0K
Market Conditions
NOI Build-Up for 1,587 SF
Gross rent
$40.0K $25.20/SF
− Vacancy
−$2.3K −$1.46/SF
EGI
$37.7K $23.74/SF
− OpEx
−$11.3K −$7.12/SF
NOI
$26.4K $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%
$527,480
Cap Rate 7%
$376,771
Cap Rate 9%
$293,044
Alternative Uses
Best Use
Multifamily LT 5
$376.8K
$329.7K – $439.6K
NOI $26,374 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$344.2K
$301.2K – $401.6K
NOI $24,096 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$505.2K
$442.1K – $589.4K
NOI $35,364 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
874
Businesses Nearby
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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
$579,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Denver, CO
Properties on Market for Duplexes in Denver
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The main floor and basement each have two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 1370 Zenobia St Denver, CO.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Two bedrooms and one bathroom on each of the main floor and basement; Detached two‑car garage; One‑story ranch‑style duplex
