Two-Unit Duplex with Detached
For Sale
$525,000
2308-2314 Newport St, Denver, CO 80207
Both residences have two bedrooms and one full bathroom, with long-term occupants interested in remaining.
Property Size1,738 SF
Days on Market37
Property Features for 2308-2314 Newport St
General Information
Standard status
Active
Size
1,738 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,030
Building Details
Building Size
1,738 SF
Year Built
1948
Tenancy
Multi
Listing Agency:
Coldwell Banker Global Luxury Denver
Listed By:
P. J. Farrell
(303) 758-7611
Source:
Guidere
Added: Sep 9
Changed: Oct 15
Last Checked: Oct 15 at 2:38AM
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 Coldwell Banker Global Luxury Denver
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Denver duplex comprises two residences, each configured with two bedrooms and one full bathroom. A detached two-car garage serves the property, which was built in 1948.
The property is located at 2308-2314 Newport St in Denver, Colorado. The current occupants have expressed interest in staying, and the units have had continuous occupancy for an extended period.
The property is located at 2308-2314 Newport St in Denver, Colorado. The current occupants have expressed interest in staying, and the units have had continuous occupancy for an extended period.
Key Highlights
- Two duplex residences, each with 2 bedrooms and 1 full bathroom
- Detached 2‑car garage
- Built in 1948
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,883
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,660
$577.7K
Cap Rate 7%
$412,614
$412.6K
Cap Rate 9%
$320,922
$320.9K
Market Conditions
NOI Build-Up for 1,738 SF
Gross rent
$43.8K $25.20/SF
− Vacancy
−$2.5K −$1.46/SF
EGI
$41.3K $23.74/SF
− OpEx
−$12.4K −$7.12/SF
NOI
$28.9K $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%
$577,660
Cap Rate 7%
$412,614
Cap Rate 9%
$320,922
Alternative Uses
Best Use
Multifamily LT 5
$412.6K
$361.0K – $481.4K
NOI $28,883 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$377.0K
$329.9K – $439.8K
NOI $26,389 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$553.3K
$484.1K – $645.5K
NOI $38,729 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
Demographics for 80207, CO
21,170
Population
9,291
Households
2.3
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,428
Density / Sq Mi
$112,325
Median Household Income
$71,163
Median Earnings
$1,819
Median Rent
$661,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have two bedrooms and one full bathroom, with long-term occupants interested in remaining.
Where is this duplex located?
The property is located at 2308-2314 Newport St Denver, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two duplex residences, each with 2 bedrooms and 1 full bathroom; Detached 2‑car garage; Built in 1948
