3-Unit Brick
For Sale
$570,000
2317 Peoria Street, Aurora, CO 80010
A three-bedroom residence and two two-bedroom units offer a varied residential configuration.
Property Size3,430 SF
Price / SF$166.18
Days on Market46
Property Features for 2317 Peoria Street
General Information
Standard status
Active
Size
3,430 SF
Total Parking Spaces
2
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
ready for renovation
Site & Location
Neighborhood
North Aurora
Highway Access
Yes
Units
Unit Mix
1 x 3BD/2BA, 2 x 2BD/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,935
Amenities
Dog Run
Private Yard
Building Details
Building Size
3,430 SF
Year Built
1962
Buildings
1
Stories
2
Construction
brick
Listing Agency:
Keller Williams DTC
(303) 771-7500
Listed By:
Walter Huff II · License #001312180
(303) 785-1267
Source:
Urbancompanies
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 24 at 2:44PM
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 Keller Williams DTC
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Investment Insights
Based on property information with market context.
This 3,430-SF brick triplex, built in 1962, contains three units: one with three bedrooms and two bathrooms, plus two with two bedrooms and one bathroom each. A two-car attached garage serves the property. Renovation is needed.
The property is in Aurora near Anschutz Medical Campus, Fitzsimons Innovation Community, and the VA Hospital. Stanley Marketplace, dining, shopping, and services are also nearby, with access to East Colfax Avenue, I-225, and I-70.
The property is in Aurora near Anschutz Medical Campus, Fitzsimons Innovation Community, and the VA Hospital. Stanley Marketplace, dining, shopping, and services are also nearby, with access to East Colfax Avenue, I-225, and I-70.
Key Highlights
- Three units: one 3BD/2BA and two 2BD/1BA residences
- 3,430 SF; built in 1962
- All‑brick construction with a 2‑car attached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,305
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,100
$986.1K
Cap Rate 7%
$704,357
$704.4K
Cap Rate 9%
$547,833
$547.8K
Market Conditions
NOI Build-Up for 3,430 SF
Gross rent
$76.1K $22.20/SF
− Vacancy
−$5.7K −$1.67/SF
EGI
$70.4K $20.54/SF
− OpEx
−$21.1K −$6.16/SF
NOI
$49.3K $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 Rate 5%
$986,100
Cap Rate 7%
$704,357
Cap Rate 9%
$547,833
Alternative Uses
Best Use
Multifamily LT 5
$704.4K
$616.3K – $821.8K
NOI $49,305 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$654.1K
$572.3K – $763.1K
NOI $45,784 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$958.4K
$838.6K – $1.12M
NOI $67,091 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
Explore this area
Business Placement
Demographics for 80010, CO
42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - A three-bedroom residence and two two-bedroom units offer a varied residential configuration.
Where is this triplex located?
The property is located at 2317 Peoria Street Aurora, CO.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Three units: one 3BD/2BA and two 2BD/1BA residences; 3,430 SF; built in 1962; All‑brick construction with a 2‑car attached garage
