New Construction Uptown Duplex
For Sale
Contact for pricing
1749 1751 1755 N Williams Street Denver CO, Denver, CO 80218
Six-unit duplex portfolio in high-growth Denver neighborhood near St. Joseph Hospital.
Property Size11,034 SF
Price / SF$424.14
Days on Market391
Property Features for 1749 1751 1755 N Williams Street Denver CO
General Information
Standard status
Active
Size
11,034 SF
Class
A
Property subtype
Multifamily
Zoning
G-RO-3
Investment Type
Owner/User
Net Operating Income
$244,622
Building Details
Year Built
2025
Buildings
3
Stories
3
Units
6
Listing Agency:
Parkview Real Estate
(720) 633-9060
Listed By:
Michael McAtee · License #FA1000025841N
Source:
Crexi
Added: Aug 4, 2025
Changed: Aug 8
Last Checked: Jul 19 at 3:59AM
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 Parkview Real Estate
Investment Insights
Based on property information with market context.
This is a new construction, six-unit duplex portfolio designed for long-term investment performance and modern living. The portfolio consists of three side-by-side duplexes situated in a high-growth neighborhood. The location is near St. Joseph Hospital and City Park, an area with high demand for single-family style homes. Each unit features premium finishes, private entrances, in-unit laundry, and energy-efficient systems. Located in a walkable and high-demand neighborhood, the property is suitable for attracting medical professionals and urban renters. The property offers proximity to hospitals, downtown, and transit. Each unit is situated on its own property and can be sold separately. The total property size is 11034 square feet. The developer is flexible and would consider selling part or all of the portfolio. An investor could buy a duplex, live in one unit, and rent the other.
Key Highlights
- New construction 6‑unit duplex portfolio in a high‑growth, walkable Uptown neighborhood.
- Turnkey investment opportunity with strong rental performance potential.
- Prime location near St. Joseph Hospital and City Park, ideal for attracting medical professionals and urban renters.
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
$183,370
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
3.92%
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%
$3,667,400
$3.7M
Cap Rate 7%
$2,619,571
$2.6M
Cap Rate 9%
$2,037,444
$2.0M
Market Conditions
NOI Build-Up for 11,034 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
$278.1K $25.20/SF
− Vacancy
−$16.1K −$1.46/SF
EGI
$262.0K $23.74/SF
− OpEx
−$78.6K −$7.12/SF
NOI
$183.4K $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%
$3,667,400
Cap Rate 7%
$2,619,571
Cap Rate 9%
$2,037,444
Alternative Uses
Best Use
Multifamily LT 5
$2.62M
$2.29M – $3.06M
NOI $183,370 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$2.39M
$2.09M – $2.79M
NOI $167,536 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$3.51M
$3.07M – $4.10M
NOI $245,876 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,018
Businesses Nearby
Explore this area
Business Placement
Demographics for 80218, CO
19,484
Population
13,116
Households
1.5
Avg Household Size
35
Median Age
72%
College-Educated
98%
High-School Grad
1.6 sq mi
ZIP Area
12,178
Density / Sq Mi
$82,925
Median Household Income
$67,570
Median Earnings
$1,475
Median Rent
$653,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Six-unit duplex portfolio in high-growth Denver neighborhood near St. Joseph Hospital.
Where is this duplex located?
The property is located at 1749 1751 1755 N Williams Street Denver CO Denver, CO.
What is the asking price?
The asking price for this property is $4,680,000.
What are key features of this property?
This property features: New construction 6‑unit duplex portfolio in a high‑growth, walkable Uptown neighborhood.; Turnkey investment opportunity with strong rental performance potential.; Prime location near St. Joseph Hospital and City Park, ideal for attracting medical professionals and urban renters.
