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Back Unit Duplex with Patio
For Sale
$699,000

2147 S Bellaire St, Denver, CO 80222

Four-level 2023 duplex with four bedrooms, four baths, private patio, and fully fenced backyard.

Days on Market38

Property Features for 2147 S Bellaire St

General Information

Standard status Active
Property subtype Duplex

Additional Details

Highway Access Yes

Amenities

private patio
fully fenced backyard
outdoor balcony
finished basement
recreation area

Building Details

Building Size 2,014 SF
Year Built 2023
Stories 4
Listing Agency:
Listed By: Elizabeth Richards
Source: Guidere
Added: Jun 25 Changed: Jul 30 Last Checked: Aug 1 at 11:13AM

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 Elizabeth Richards

Investment Insights

Based on property information with market context.

Completed in 2023, this back unit duplex is built across four levels and designed for flexible living. The main level features a gourmet kitchen with quartz countertops, stainless steel appliances, generous pantry storage, and a dedicated dining area that opens to the living room. From there, step out to a private patio with garage access and a fully fenced backyard.

A striking floating staircase leads to the second level, where two spacious bedrooms each include an en-suite bathroom, plus a centrally located laundry room. The third-floor loft adds additional flexibility for use as an office, fitness studio, media lounge, or creative workspace, and it extends to a private outdoor balcony. The third level also includes a private bedroom with an en-suite bathroom.

Down the floating staircase, the finished basement offers a spacious recreation area and a private fourth bedroom, supporting guests or extended stays. The home is near light rail access and I-25, with easy proximity to the University of Denver, Platt Park, Washington Park, Cherry Creek, and Downtown Denver, and it benefits from a future Bethesda Park development at the end of the block.

Key Highlights

  • Completed in 2023, four levels of living space
  • Four bedrooms and four bathrooms
  • Gourmet kitchen with quartz countertops, stainless steel appliances, and pantry storage

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $50.8k $25.20
− Vacancy −$2.9k −$1.46
EGI $47.8k $23.74
− OpEx −$14.3k −$7.12
NOI $33.5k $16.62
2,014 SF · lease $25.20/SF/yr · vacancy 5.79% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$478.1K
$418.4K – $557.8K (±1% cap)
NOI $33,470 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$436.9K
$382.3K – $509.7K (±1% cap)
NOI $30,580 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$641.1K
$561.0K – $748.0K (±1% cap)
NOI $44,879 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hotel & Motel Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Discount Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,608
Businesses Nearby

Demographics for 80222, CO

22,381
Population
11,625
Households
1.9
Avg Household Size
38
Median Age
57%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,890
Density / Sq Mi
$85,354
Median Household Income
$57,833
Median Earnings
$1,715
Median Rent
$596,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Four-level 2023 duplex with four bedrooms, four baths, private patio, and fully fenced backyard.
Where is this duplex located?
The property is located at 2147 S Bellaire St Denver, CO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Completed in 2023, four levels of living space; Four bedrooms and four bathrooms; Gourmet kitchen with quartz countertops, stainless steel appliances, and pantry storage
More about this property
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