Updated Four-Bedroom
For Sale
$525,000
1372 Zenobia St, Denver, CO 80204
Two-level layout with refreshed interiors, separate bedroom groupings, and a detached garage for parking and storage.
Property Size1,587 SF
Days on Market50
Property Features for 1372 Zenobia St
General Information
Standard status
Active
Size
1,587 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
1 x 4BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,132
Amenities
central air conditioning
Building Details
Building Size
1,587 SF
Year Built
1952
Buildings
1
Construction
ranch
Listing Agency:
Keller Williams DTC
Listed By:
EMPOWERHOME Team
(720) 615-7905
Source:
Corken
Added: Sep 3
Changed: Oct 10
Last Checked: Oct 21 at 5:45AM
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 duplex property provides approximately 1,600 square feet in a ranch-style configuration, with two bedrooms and one bathroom on the main level and an additional two-bedroom, one-bath arrangement in the basement. Interior improvements include hardwood flooring, contemporary cabinetry, new appliances, tile work, backsplash, trim, and updated finishes throughout.
Major building systems have also been addressed, including a newer roof, updated electrical panels, central air conditioning, and a new sewer line. A detached two-car garage adds off-street parking and storage. The property was built in 1952 and is located at 1372 Zenobia St in Denver, Colorado.
Major building systems have also been addressed, including a newer roof, updated electrical panels, central air conditioning, and a new sewer line. A detached two-car garage adds off-street parking and storage. The property was built in 1952 and is located at 1372 Zenobia St in Denver, Colorado.
Key Highlights
- Approximately 1,600 square feet with 4 bedrooms and 2 bathrooms
- Two bedrooms and one bathroom on both the main floor and basement levels
- Updated hardwood floors, cabinetry, appliances, tile, backsplash, trim, and finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,374
Cap Rate
5.02%
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 5.02%
Second Best
Apartment 5plus
$344.2K
$301.2K – $401.6K
NOI $24,096 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$505.2K
$442.1K – $589.4K
NOI $35,364 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
551
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
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-level layout with refreshed interiors, separate bedroom groupings, and a detached garage for parking and storage.
Where is this duplex located?
The property is located at 1372 Zenobia St Denver, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 1,600 square feet with 4 bedrooms and 2 bathrooms; Two bedrooms and one bathroom on both the main floor and basement levels; Updated hardwood floors, cabinetry, appliances, tile, backsplash, trim, and finishes
