Triplex with Finished
14200 E 22nd Place Aurora, CO 80011
14200 E 22nd Place, Aurora, CO, 80011
$1,050,000
For Sale
$1,050,000
Triplex offers three units, each with upstairs living plus full finished basements and private laundry.
Property Size3,454 SF
Price / SF$303
Days on Market109
Property Features for 14200 E 22nd Place
General Information
- Standard status
- Active
- Size
- 3,454 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1978
Listing Agency
HomeSmart
(303) 884-8468
Listed by
Sherry Schoenberger · License #40035137
(303) 884-8468
Source
Exitrealty
Added: Mar 31 Checked: Jul 17 at 3:23 am
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 HomeSmart
Investment Insights
Based on property information with market context.
This for-sale triplex includes three separate units with upstairs living and full finished basements. Each unit features two bedrooms and one bathroom upstairs, along with a full kitchen and individual laundry. The basements include additional bedroom space and one bathroom, and two units have private basement entrances.
The property is supported by private garages and spacious enclosed yards for each unit. According to the listing, the layout results in five kitchens, 14 bedrooms, and six full bathrooms across the three units. Recent updates include newer paint and flooring, and one unit has a newer furnace/boiler.
The location is described as being near the Anschutz Medical Campus and other nearby amenities, supporting strong daily convenience for residents. The listing also notes potential additional income associated with the detached garages.
The property is supported by private garages and spacious enclosed yards for each unit. According to the listing, the layout results in five kitchens, 14 bedrooms, and six full bathrooms across the three units. Recent updates include newer paint and flooring, and one unit has a newer furnace/boiler.
The location is described as being near the Anschutz Medical Campus and other nearby amenities, supporting strong daily convenience for residents. The listing also notes potential additional income associated with the detached garages.
Key Highlights
- 1978‑built triplex with three units, each offering upstairs living plus full finished basements.
- Unit bedroom/bath mix includes 5B/2B, 4B/2B, and 5B/2B; total includes 14 bedrooms and 6 full bathrooms.
- Each unit has private laundry; two units have private basement entrances.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.5k | $20.40 |
| − Vacancy | −$4.6k | −$1.33 |
| EGI | $65.9k | $19.07 |
| − OpEx | −$19.8k | −$5.72 |
| NOI | $46.1k | $13.35 |
3,454 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$658.8K
$576.5K – $768.6K
NOI $46,117 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$592.6K
$518.5K – $691.4K
NOI $41,483 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$796.6K
$697.1K – $929.4K
NOI $55,764 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Triplex offers three units, each with upstairs living plus full finished basements and private laundry.
Where is this triplex located?
The property is located at 14200 E 22nd Place Aurora, CO.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 1978‑built triplex with three units, each offering upstairs living plus full finished basements.; Unit bedroom/bath mix includes 5B/2B, 4B/2B, and 5B/2B; total includes 14 bedrooms and 6 full bathrooms.; Each unit has private laundry; two units have private basement entrances.
