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Four-Level Duplex with Rooftop Deck

2033 N Race St, Denver, CO 80205

For Sale
New
$1,100,000

Three private bedroom suites, a finished basement, and a detached garage support a flexible residential layout.

Property Size3,108 SF
Days on Market6

Property Features for 2033 N Race St

General Information

Standard status Active
Size 3,108 SF
Property subtype Duplex

Site & Location

Neighborhood City Park West

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,611

Amenities

steam shower
wet bar
rooftop deck
backyard
detached garage
washer/dryer
granite countertops
stainless steel appliances
surround sound
walk-in closets
mini-split
EV charger wiring

Building Details

Building Size 3,108 SF
Year Built 2013
Buildings 1
Stories 4
Listing Agency: LIV Sotheby's International Realty
Listed By: Kylie Russell · License CO #8180996
Source: Guidere
Added: Nov 8 Changed: Nov 13 Last Checked: Nov 12 at 4:56PM

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 LIV Sotheby's International Realty

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Investment Insights

Based on property information with market context.

Built in 2013, this four-level duplex offers more than 3,000 finished square feet. The main floor combines living and dining areas with a kitchen featuring granite countertops and KitchenAid stainless steel appliances. Three bedrooms have private ensuite baths; two include walk-in closets. A finished basement adds a family room and wet bar, while the upper level includes a glass-enclosed office, another wet bar, and access to a rooftop deck. The property also has a west-facing landscaped backyard and a detached garage wired for a 220V EV charger.

City Park and restaurants along 17th Avenue are within walking distance. The home includes a remodeled primary bathroom with a steam shower, a newer rooftop deck membrane, and an impact-resistant roof with two skylights installed in November 2026. Laundry is located on the second floor, with the washer and dryer included.

Key Highlights

  • More than 3,000 finished square feet across four levels
  • Three bedrooms, each with a private ensuite bathroom
  • Detached garage wired for a 220V EV charger

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,651
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,033,020 $1.0M
Cap Rate 7%
$737,871 $737.9K
Cap Rate 9%
$573,900 $573.9K
Market Conditions
NOI Build-Up for 3,108 SF
Gross rent
$78.3K $25.20/SF
− Vacancy
−$4.5K −$1.46/SF
EGI
$73.8K $23.74/SF
− OpEx
−$22.1K −$7.12/SF
NOI
$51.7K $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%
$1,033,020
Cap Rate 7%
$737,871
Cap Rate 9%
$573,900

Alternative Uses

Best Use
Multifamily LT 5
$737.9K
$645.6K – $860.9K (±1% cap)
NOI $51,651 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$674.2K
$589.9K – $786.5K (±1% cap)
NOI $47,191 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$989.4K
$865.7K – $1.15M (±1% cap)
NOI $69,257 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5,506
Businesses Nearby

Demographics for 80205, CO

34,967
Population
19,040
Households
1.8
Avg Household Size
34
Median Age
61%
College-Educated
94%
High-School Grad
4.6 sq mi
ZIP Area
7,602
Density / Sq Mi
$98,770
Median Household Income
$69,760
Median Earnings
$1,816
Median Rent
$627,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Denver, CO

$396 Jul
$375 Aug
$367 Sep
$349 Oct

Properties on Market for Duplexes in Denver

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Three private bedroom suites, a finished basement, and a detached garage support a flexible residential layout.
Where is this duplex located?
The property is located at 2033 N Race St Denver, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: More than 3,000 finished square feet across four levels; Three bedrooms, each with a private ensuite bathroom; Detached garage wired for a 220V EV charger
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