Three-Level Duplex with Rooftop
For Sale
$1,307,000
1588 N Lowell Blvd, Denver, CO 80204
Newly built three-level property with premium finishes, private outdoor areas, and a detached garage.
Property Size2,682 SF
Days on Market230
Property Features for 1588 N Lowell Blvd
General Information
Standard status
Active
Size
2,682 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Amenities
rooftop deck
private balcony
chef's kitchen
fireplace
dry bar
gated front and rear yards
Building Details
Building Size
2,682 SF
Year Built
2025
Buildings
1
Stories
3
Listing Agency:
Your Castle Real Estate Inc
Listed By:
Laura Mueller · License #100069865
(214) 686-1218
Source:
Guidere
Added: Feb 26
Changed: Sep 29
Last Checked: Oct 13 at 1:48AM
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 Your Castle Real Estate Inc
Investment Insights
Based on property information with market context.
Built in 2025, this three-level duplex property combines four bedrooms and four bathrooms with a contemporary interior and multiple private outdoor spaces. The main floor features an open kitchen and living arrangement, professional-grade appliances, double ovens, quartz countertops, custom cabinetry, designer tile, hardwood flooring, a modern fireplace, and a dedicated dining area. The upper levels include a primary suite with a private balcony, spa-style bathroom, and walk-in closet, along with an additional en-suite bedroom. A third-level lounge with dry bar connects to the rooftop deck, while two more bedrooms provide flexible accommodation, including one suited to private office use.
The property includes gated front and rear yards and a detached 2-car garage. It is located near Sloan's Lake, the lake trail, neighborhood dining and breweries, Edgewater Public Market, and downtown Denver.
The property includes gated front and rear yards and a detached 2-car garage. It is located near Sloan's Lake, the lake trail, neighborhood dining and breweries, Edgewater Public Market, and downtown Denver.
Key Highlights
- Built in 2025 with 4 bedrooms and 4 bathrooms
- Three‑level layout with rooftop deck and third‑floor lounge
- Detached 2‑car garage with gated front and rear yards
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,571
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$891,420
$891.4K
Cap Rate 7%
$636,729
$636.7K
Cap Rate 9%
$495,233
$495.2K
Market Conditions
NOI Build-Up for 2,682 SF
Gross rent
$67.6K $25.20/SF
− Vacancy
−$3.9K −$1.46/SF
EGI
$63.7K $23.74/SF
− OpEx
−$19.1K −$7.12/SF
NOI
$44.6K $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%
$891,420
Cap Rate 7%
$636,729
Cap Rate 9%
$495,233
Alternative Uses
Best Use
Multifamily LT 5
$636.7K
$557.1K – $742.9K
NOI $44,571 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$581.7K
$509.0K – $678.7K
NOI $40,722 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$853.8K
$747.1K – $996.1K
NOI $59,764 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,162
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 - Newly built three-level property with premium finishes, private outdoor areas, and a detached garage.
Where is this duplex located?
The property is located at 1588 N Lowell Blvd Denver, CO.
What is the asking price?
The asking price for this property is $1,307,000.
What are key features of this property?
This property features: Built in 2025 with 4 bedrooms and 4 bathrooms; Three‑level layout with rooftop deck and third‑floor lounge; Detached 2‑car garage with gated front and rear yards
