Modern 2024-Built
For Sale
$412,999
21143 E 67th Ave, Aurora, CO 80019
Three-bedroom, three-bath residence with an open layout, contemporary finishes, and a gourmet kitchen.
Property Size1,451 SF
Days on Market72
Property Features for 21143 E 67th Ave
General Information
Standard status
Active
Size
1,451 SF
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,081
Building Details
Building Size
1,451 SF
Year Built
2024
Listing Agency:
Resident Realty North Metro LLC
(720) 422-6327
Listed By:
Anna Smouse · License #100054147
(720) 422-6327
Source:
Corken
Added: Jun 19
Changed: Aug 28
Last Checked: Aug 29 at 3:59PM
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 Resident Realty North Metro LLC
Investment Insights
Based on property information with market context.
Built in 2024, this duplex property includes a three-bedroom, three-bath residence with an open-concept layout and abundant natural light. Contemporary finishes carry through the interior, while the kitchen is described with gourmet appointments and connects to living areas suited to both entertaining and daily use. The primary suite includes a large bathroom and generous closet space.
The property is located at 21143 E 67th Ave in Aurora, Colorado, near parks, shopping, dining, and major commuter routes. The residence is presented as move-in ready, with a combination of modern design and practical living areas.
The property is located at 21143 E 67th Ave in Aurora, Colorado, near parks, shopping, dining, and major commuter routes. The residence is presented as move-in ready, with a combination of modern design and practical living areas.
Key Highlights
- 2024 construction
- Three bedrooms and three bathrooms
- Open‑concept floor plan with natural light
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
$20,857
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
5.05%
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%
$417,140
$417.1K
Cap Rate 7%
$297,957
$298.0K
Cap Rate 9%
$231,744
$231.7K
Market Conditions
NOI Build-Up for 1,451 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
$32.2K $22.20/SF
− Vacancy
−$2.4K −$1.67/SF
EGI
$29.8K $20.54/SF
− OpEx
−$8.9K −$6.16/SF
NOI
$20.9K $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 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%
$417,140
Cap Rate 7%
$297,957
Cap Rate 9%
$231,744
Alternative Uses
Best Use
Multifamily LT 5
$298.0K
$260.7K – $347.6K
NOI $20,857 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$276.7K
$242.1K – $322.8K
NOI $19,368 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$405.5K
$354.8K – $473.0K
NOI $28,382 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 80019, CO
3,865
Population
1,955
Households
2
Avg Household Size
33
Median Age
32%
College-Educated
87%
High-School Grad
28.1 sq mi
ZIP Area
138
Density / Sq Mi
$117,420
Median Household Income
$49,857
Median Earnings
$1,242
Median Rent
$529,300
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 - Three-bedroom, three-bath residence with an open layout, contemporary finishes, and a gourmet kitchen.
Where is this duplex located?
The property is located at 21143 E 67th Ave Aurora, CO.
What is the asking price?
The asking price for this property is $412,999.
What are key features of this property?
This property features: 2024 construction; Three bedrooms and three bathrooms; Open‑concept floor plan with natural light
