Maintained Duplex with RV
For Sale
$599,000
1802 E Uintah St, Colorado Springs, CO 80909
Two self-contained units offer flexible layouts, private parking, and low-maintenance outdoor improvements without HOA or covenants.
Property Size2,453 SF
Price / SF$244.19
Days on Market25
Property Features for 1802 E Uintah St
General Information
Standard status
Active
Size
2,453 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Building Details
Year Built
1952
Buildings
1
Construction
raised-ranch
Listing Agency:
eXp Realty, LLC
(719) 888-2793
Listed By:
Treasure Davis · License #40043774
Source:
Teamuniteddenver
Added: Aug 7
Changed: Aug 31
Last Checked: Aug 31 at 6:23PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This 1952 raised-ranch duplex contains two independent, move-in-ready residences, each arranged with three bedrooms, a flex area, living room, dining room, kitchen, and full bath. The upper unit includes original hardwood flooring, while the garden-level unit has a gas stove. Both residences come with complete appliance packages, including washers and dryers.
The property sits on a fully xeriscaped corner lot enclosed by a 5-foot stucco privacy fence. Exterior improvements include stucco, a Trex sundeck, and PVC or mastic-protected fascia, fencing, gutters, and gables. Parking and storage include an oversized two-car garage with loft, a shed, space for at least four additional vehicles, and RV parking. The property has no HOA or covenants and is near Knob Hill, Patty Jewett Golf Course, the Olympic Training Center, Colorado College, and downtown Colorado Springs.
The property sits on a fully xeriscaped corner lot enclosed by a 5-foot stucco privacy fence. Exterior improvements include stucco, a Trex sundeck, and PVC or mastic-protected fascia, fencing, gutters, and gables. Parking and storage include an oversized two-car garage with loft, a shed, space for at least four additional vehicles, and RV parking. The property has no HOA or covenants and is near Knob Hill, Patty Jewett Golf Course, the Olympic Training Center, Colorado College, and downtown Colorado Springs.
Key Highlights
- Two self‑contained units, each with 3 bedrooms and a flex space
- 1952 raised‑ranch with 2,453 square feet
- Oversized two‑car garage with loft, shed, and RV parking
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
$32,129
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
5.36%
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%
$642,580
$642.6K
Cap Rate 7%
$458,986
$459.0K
Cap Rate 9%
$356,989
$357.0K
Market Conditions
NOI Build-Up for 2,453 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
$48.6K $19.80/SF
− Vacancy
−$2.7K −$1.09/SF
EGI
$45.9K $18.71/SF
− OpEx
−$13.8K −$5.61/SF
NOI
$32.1K $13.10/SF
Area
Colorado Springs, CO
Vacancy
5.50%
Lease Rate
$19.80 /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%
$642,580
Cap Rate 7%
$458,986
Cap Rate 9%
$356,989
Alternative Uses
Best Use
Multifamily LT 5
$459.0K
$401.6K – $535.5K
NOI $32,129 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$425.4K
$372.2K – $496.3K
NOI $29,775 @ 7.0% cap · market cap 4.97%
Theoretical Best
Specialty Retail
$484.4K
$423.9K – $565.2K
NOI $33,910 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
Demographics for 80909, CO
37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two self-contained units offer flexible layouts, private parking, and low-maintenance outdoor improvements without HOA or covenants.
Where is this duplex located?
The property is located at 1802 E Uintah St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two self‑contained units, each with 3 bedrooms and a flex space; 1952 raised‑ranch with 2,453 square feet; Oversized two‑car garage with loft, shed, and RV parking
