Duplex with Covered Rooftop
For Sale
$1,070,000
1532 King St, Denver, CO 80204
A 2018 property offers a private backyard, contemporary finishes, and a flexible upper-level room exceeding 220 square feet.
Property Size2,421 SF
Days on Market16
Property Features for 1532 King St
General Information
Standard status
Active
Size
2,421 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$6,059
Amenities
private backyard
covered rooftop terrace
fireplace
wet bar
built-in beverage fridge
walk-in laundry room
Building Details
Building Size
2,421 SF
Year Built
2018
Listing Agency:
LIV Sotheby's International Realty
Listed By:
Mckinze Casey
(720) 539-4547
Source:
Corken
Added: Oct 8
Changed: Oct 20
Last Checked: Oct 21 at 6:15AM
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 LIV Sotheby's International Realty
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Investment Insights
Based on property information with market context.
Built in 2018, this four-bedroom duplex features hardwood floors, high ceilings, and an open main level connecting the kitchen, dining area, and living room. The kitchen includes stainless steel appliances and an oversized island. Sliding doors lead to a private backyard with a patio and lawn. Upstairs are the primary suite, two additional bedrooms, a full bath, and a walk-in laundry room. The third floor adds a wet bar, beverage refrigerator, covered rooftop deck, adjacent bath, and a nonconforming fourth bedroom measuring more than 220 square feet, which can also serve as office or fitness space.
The property is moments from Sloan’s Lake and its paths and parks. Odell Brewing and Alamo Drafthouse are nearby, while Empower Field at Mile High and downtown Denver are also accessible from the address.
The property is moments from Sloan’s Lake and its paths and parks. Odell Brewing and Alamo Drafthouse are nearby, while Empower Field at Mile High and downtown Denver are also accessible from the address.
Key Highlights
- Four‑bedroom duplex built in 2018
- Covered rooftop deck accessed from the third floor
- Nonconforming fourth bedroom measures 220+ square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,760
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,200
$735.2K
Cap Rate 7%
$525,143
$525.1K
Cap Rate 9%
$408,444
$408.4K
Market Conditions
NOI Build-Up for 2,421 SF
Gross rent
$71.2K $29.40/SF
− Vacancy
−$4.3K −$1.79/SF
EGI
$66.8K $27.61/SF
− OpEx
−$30.1K −$12.42/SF
NOI
$36.8K $15.18/SF
Area
Denver, CO
Vacancy
6.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,200
Cap Rate 7%
$525,143
Cap Rate 9%
$408,444
Alternative Uses
Best Use
Apartment 5plus
$525.1K
$459.5K – $612.7K
NOI $36,760 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$770.7K
$674.4K – $899.1K
NOI $53,948 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,173
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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Frequently Asked Questions
What type of property is this?
Residential income property - A 2018 property offers a private backyard, contemporary finishes, and a flexible upper-level room exceeding 220 square feet.
Where is this residential income property located?
The property is located at 1532 King St Denver, CO.
What is the asking price?
The asking price for this property is $1,070,000.
What are key features of this property?
This property features: Four‑bedroom duplex built in 2018; Covered rooftop deck accessed from the third floor; Nonconforming fourth bedroom measures 220+ square feet
