Duplex with Walk-Out
For Sale
$525,000
1428-1430 Uinta St, Denver, CO 80220
Two separately entered units support owner-occupancy, rental use, or a combination of both.
Property Size1,698 SF
Price / SF$309.19
Days on Market37
Property Features for 1428-1430 Uinta St
General Information
Standard status
Active
Size
1,698 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
fenced yard
Building Details
Year Built
1952
Buildings
1
Listing Agency:
C3 Real Estate Solutions LLC
(303) 955-4220
Listed By:
Kenna Real Estate Group Team
(303) 955-4220
Source:
Kennarealestate
Added: Jul 24
Changed: Aug 28
Last Checked: Aug 28 at 10:18AM
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 C3 Real Estate Solutions LLC
Investment Insights
Based on property information with market context.
This 1,698-square-foot duplex, built in 1952, contains two independent units with 2 bedrooms and 1 bathroom apiece. Each residence includes appliances and its own entrance. The property also offers an unfinished basement with walk-out access, two off-street parking spaces, a fully fenced yard, large electrical panels serving both units, new copper plumbing, and newer sidewalks. Alley access provides room for a future garage, subject to planning and approvals.
The property is located at 1428-1430 Uinta St in Denver, between Denver and the Anschutz Medical Campus, with Stanley Marketplace and Central Park also identified in the surrounding area. Both units have rental history; one lease runs through the end of August and the other through the end of October.
The property is located at 1428-1430 Uinta St in Denver, between Denver and the Anschutz Medical Campus, with Stanley Marketplace and Central Park also identified in the surrounding area. Both units have rental history; one lease runs through the end of August and the other through the end of October.
Key Highlights
- 1,698 SF duplex built in 1952
- Two units, each with 2 bedrooms and 1 bathroom
- Unfinished basement with walk‑out access
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
$28,218
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
5.37%
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%
$564,360
$564.4K
Cap Rate 7%
$403,114
$403.1K
Cap Rate 9%
$313,533
$313.5K
Market Conditions
NOI Build-Up for 1,698 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
$42.8K $25.20/SF
− Vacancy
−$2.5K −$1.46/SF
EGI
$40.3K $23.74/SF
− OpEx
−$12.1K −$7.12/SF
NOI
$28.2K $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%
$564,360
Cap Rate 7%
$403,114
Cap Rate 9%
$313,533
Alternative Uses
Best Use
Multifamily LT 5
$403.1K
$352.7K – $470.3K
NOI $28,218 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$368.3K
$322.3K – $429.7K
NOI $25,782 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$540.5K
$473.0K – $630.6K
NOI $37,837 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
Business Placement
Demographics for 80220, CO
37,233
Population
17,675
Households
2.1
Avg Household Size
37
Median Age
66%
College-Educated
94%
High-School Grad
5.2 sq mi
ZIP Area
7,160
Density / Sq Mi
$101,961
Median Household Income
$61,568
Median Earnings
$1,621
Median Rent
$739,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately entered units support owner-occupancy, rental use, or a combination of both.
Where is this duplex located?
The property is located at 1428-1430 Uinta 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: 1,698 SF duplex built in 1952; Two units, each with 2 bedrooms and 1 bathroom; Unfinished basement with walk‑out access
