Restored Historic
For Sale
$1,095,000
1442 Stuart St, Denver, CO 80204
An attached property pairs historic architectural detailing with updated kitchens and bathrooms.
Property Size2,472 SF
Days on Market10
Property Features for 1442 Stuart St
General Information
Standard status
Active
Size
2,472 SF
Property subtype
Duplex
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,633
Building Details
Building Size
2,472 SF
Year Built
1890
Construction
Queen Anne
Listing Agency:
Keller Williams Realty Urban Elite
Listed By:
David Heine
(303) 900-7702
Source:
Corken
Added: Sep 18
Changed: Sep 26
Last Checked: Sep 26 at 12:44PM
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 Urban Elite
Investment Insights
Based on property information with market context.
Built in 1890, this legally attached duplex in Denver’s West Colfax corridor combines historic architectural character with extensive residential updates. The 4-bedroom, 4-bathroom property spans over 2,500 square feet and includes period fireplaces, ornate staircases, carved millwork, soaring ceilings, and Queen Anne and Romanesque Revival design elements. Updated kitchens and bathrooms add contemporary functionality within the restored interior.
The property is located at 1442 Stuart St, with light rail and local retail situated just blocks away. Its layout and presentation provide the scale and features of a substantial private residence while retaining its legal attached configuration.
The property is located at 1442 Stuart St, with light rail and local retail situated just blocks away. Its layout and presentation provide the scale and features of a substantial private residence while retaining its legal attached configuration.
Key Highlights
- 4‑bedroom, 4‑bathroom duplex spanning over 2,500 square feet
- Built in 1890 with Queen Anne and Romanesque Revival architectural details
- Legally attached property with restored historic character
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
$41,081
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
3.75%
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%
$821,620
$821.6K
Cap Rate 7%
$586,871
$586.9K
Cap Rate 9%
$456,456
$456.5K
Market Conditions
NOI Build-Up for 2,472 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
$62.3K $25.20/SF
− Vacancy
−$3.6K −$1.46/SF
EGI
$58.7K $23.74/SF
− OpEx
−$17.6K −$7.12/SF
NOI
$41.1K $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%
$821,620
Cap Rate 7%
$586,871
Cap Rate 9%
$456,456
Alternative Uses
Best Use
Multifamily LT 5
$586.9K
$513.5K – $684.7K
NOI $41,081 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$536.2K
$469.2K – $625.6K
NOI $37,534 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$786.9K
$688.6K – $918.1K
NOI $55,085 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
933
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - An attached property pairs historic architectural detailing with updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 1442 Stuart St Denver, CO.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 4‑bedroom, 4‑bathroom duplex spanning over 2,500 square feet; Built in 1890 with Queen Anne and Romanesque Revival architectural details; Legally attached property with restored historic character
