Occupied Triplex with Three
For Sale
$480,000
1678 Chester Street, Aurora, CO 80010
Front residence has three bedrooms, with two one-bedroom, one-bath rear units.
Property Size955 SF
Days on Market242
Property Features for 1678 Chester Street
General Information
Standard status
Active
Size
955 SF
Property subtype
Triplex
Amenities
Forced Air
Gas Water Heater
Common Gas, Included in Rent, Common Water, Separate Electric, Electricity Available, Composition
Building Details
Building Size
955 SF
Year Built
1947
Listing Agency:
Keller Williams Advantage Realty LLC
Listed By:
Raul Ochoa · License #036927
(720) 434-0221
Source:
Kw
Added: Feb 16
Changed: Oct 15
Last Checked: Oct 14 at 10:31PM
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 Advantage Realty LLC
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Investment Insights
Based on property information with market context.
This 1947 triplex includes a three-bedroom front residence and two separate rear residences, each configured with one bedroom and one bathroom. All three units are currently occupied. The property includes forced-air heating, a gas water heater, separate electric service, and common gas and water. One rear unit and the main house require some work, providing a clearly identified renovation component within the existing configuration.
The property is located at 1678 Chester Street in Aurora, near Stanley Marketplace, Central Park, and Anschutz Campus. Dining, parks, and retail are also identified in the surrounding area. The three-unit layout supports an income-producing residential configuration with distinct front and rear living spaces.
The property is located at 1678 Chester Street in Aurora, near Stanley Marketplace, Central Park, and Anschutz Campus. Dining, parks, and retail are also identified in the surrounding area. The three-unit layout supports an income-producing residential configuration with distinct front and rear living spaces.
Key Highlights
- Three‑unit configuration with one three‑bedroom front residence and two one‑bedroom, one‑bath rear units
- All three units are fully occupied
- Separate electric service with common gas and water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,728
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,560
$274.6K
Cap Rate 7%
$196,114
$196.1K
Cap Rate 9%
$152,533
$152.5K
Market Conditions
NOI Build-Up for 955 SF
Gross rent
$21.2K $22.20/SF
− Vacancy
−$1.6K −$1.67/SF
EGI
$19.6K $20.54/SF
− OpEx
−$5.9K −$6.16/SF
NOI
$13.7K $14.37/SF
Area
Aurora, CO
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,560
Cap Rate 7%
$196,114
Cap Rate 9%
$152,533
Alternative Uses
Best Use
Multifamily LT 5
$196.1K
$171.6K – $228.8K
NOI $13,728 @ 7.0% cap · market cap 2.86%
Second Best
Apartment 5plus
$182.1K
$159.3K – $212.5K
NOI $12,747 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$266.9K
$233.5K – $311.3K
NOI $18,680 @ 7.0% cap · market cap 3.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,251
Businesses Nearby
Explore this area
Business Placement
Demographics for 80010, CO
42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Front residence has three bedrooms, with two one-bedroom, one-bath rear units.
Where is this triplex located?
The property is located at 1678 Chester Street Aurora, CO.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Three‑unit configuration with one three‑bedroom front residence and two one‑bedroom, one‑bath rear units; All three units are fully occupied; Separate electric service with common gas and water
