Two-Story
For Sale
$399,950
21373 E 67th Ave, Aurora, CO 80019
Modern interiors feature a quartz island, stainless steel appliances, and a private primary suite bath.
Property Size1,438 SF
Days on Market40
Property Features for 21373 E 67th Ave
General Information
Standard status
Active
Size
1,438 SF
Property subtype
Duplex
Additional Details
Multifamily Units
1
Building Details
Building Size
1,438 SF
Year Built
2025
Stories
2
Listing Agency:
SH Realty, Inc.
(303) 850-5757
Listed By:
Matthew Tonge · License #100056314
(303) 850-5757
Source:
Corken
Added: Jul 22
Changed: Aug 28
Last Checked: Aug 29 at 4:28PM
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 SH Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 2025, this two-story duplex offers an open main-level arrangement with connected living and dining areas. The kitchen includes a pantry, quartz island, and stainless steel appliances, supporting everyday meal preparation and entertaining. Designer finishes contribute to the contemporary interior presentation.
The upper level contains two secondary bedrooms with access to a shared bathroom. Laundry is positioned near the primary suite, which includes a walk-in closet and a private bath. The property is available now and designed around a low-maintenance residential layout.
The upper level contains two secondary bedrooms with access to a shared bathroom. Laundry is positioned near the primary suite, which includes a walk-in closet and a private bath. The property is available now and designed around a low-maintenance residential layout.
Key Highlights
- 2025 construction
- Two‑story duplex configuration
- Open main‑level living and dining areas
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
$20,671
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
5.17%
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%
$413,420
$413.4K
Cap Rate 7%
$295,300
$295.3K
Cap Rate 9%
$229,678
$229.7K
Market Conditions
NOI Build-Up for 1,438 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
$31.9K $22.20/SF
− Vacancy
−$2.4K −$1.67/SF
EGI
$29.5K $20.54/SF
− OpEx
−$8.9K −$6.16/SF
NOI
$20.7K $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%
$413,420
Cap Rate 7%
$295,300
Cap Rate 9%
$229,678
Alternative Uses
Best Use
Multifamily LT 5
$295.3K
$258.4K – $344.5K
NOI $20,671 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$274.2K
$239.9K – $319.9K
NOI $19,195 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$401.8K
$351.6K – $468.8K
NOI $28,127 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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 - Modern interiors feature a quartz island, stainless steel appliances, and a private primary suite bath.
Where is this duplex located?
The property is located at 21373 E 67th Ave Aurora, CO.
What is the asking price?
The asking price for this property is $399,950.
What are key features of this property?
This property features: 2025 construction; Two‑story duplex configuration; Open main‑level living and dining areas
