Residential Income
For Sale
$875,000
1727 Julian St, Denver, CO 80204
Three-level layout includes a bonus room with wet bar, mini-fridge, and full bath.
Property Size2,283 SF
Days on Market20
Property Features for 1727 Julian St
General Information
Standard status
Active
Size
2,283 SF
Property subtype
Duplex
Additional Details
Road Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,991
Amenities
covered front patio
private covered terrace
wet bar
skylight
hardwood flooring
walk-in closet
soaking tub
laundry area
Building Details
Building Size
2,283 SF
Year Built
2021
Listing Agency:
Compass - Denver
Listed By:
Stefanie Broom
(720) 937-2276
Source:
Guidere
Added: Aug 20
Changed: Sep 4
Last Checked: Sep 7 at 7:02AM
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 Compass - Denver
Investment Insights
Based on property information with market context.
Built in 2021, this residential income property is configured as a thoughtfully designed half-duplex with three levels of living space. The main floor combines living, dining, and kitchen areas beneath high ceilings, with hardwood floors, abundant windows, a 36-inch stainless steel gas range, eat-at bar, and powder room. The upper levels include a private primary suite with a covered terrace, walk-in closet, and five-piece bathroom, along with two additional bedrooms connected by a Jack-and-Jill bath. A laundry area and large skylight serve the third level.
The lower level adds a flexible bonus room with a wet bar, mini-fridge, and full bath. Outdoor features include a covered front patio, private covered terrace, fully fenced access, and a detached garage. The property is located at 1727 Julian St in Denver, four blocks from Sloan's Lake and near dining, coffee shops, bars, trails, and parks.
The lower level adds a flexible bonus room with a wet bar, mini-fridge, and full bath. Outdoor features include a covered front patio, private covered terrace, fully fenced access, and a detached garage. The property is located at 1727 Julian St in Denver, four blocks from Sloan's Lake and near dining, coffee shops, bars, trails, and parks.
Key Highlights
- 2021‑built half‑duplex at 1727 Julian St, Denver, CO 80204
- Three‑level layout with three bedrooms and multiple living areas
- Primary suite includes covered terrace and five‑piece bath
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
$34,664
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
3.96%
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%
$693,280
$693.3K
Cap Rate 7%
$495,200
$495.2K
Cap Rate 9%
$385,156
$385.2K
Market Conditions
NOI Build-Up for 2,283 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
$67.1K $29.40/SF
− Vacancy
−$4.1K −$1.79/SF
EGI
$63.0K $27.61/SF
− OpEx
−$28.4K −$12.42/SF
NOI
$34.7K $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 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%
$693,280
Cap Rate 7%
$495,200
Cap Rate 9%
$385,156
Alternative Uses
Best Use
Apartment 5plus
$495.2K
$433.3K – $577.7K
NOI $34,664 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$726.8K
$635.9K – $847.9K
NOI $50,873 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,173
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-level layout includes a bonus room with wet bar, mini-fridge, and full bath.
Where is this residential income property located?
The property is located at 1727 Julian St Denver, CO.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 2021‑built half‑duplex at 1727 Julian St, Denver, CO 80204; Three‑level layout with three bedrooms and multiple living areas; Primary suite includes covered terrace and five‑piece bath
