Residential Income Property with Rooftop
For Sale
$1,450,000
2425 Meade St, Denver, CO 80211
New construction pairs multiple gathering areas with downtown and mountain views from a rooftop terrace.
Property Size3,097 SF
Days on Market73
Property Features for 2425 Meade St
General Information
Standard status
Active
Size
3,097 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
Sloan Lake
Taxes and HOA fees
Annual Taxes
$2,457
Amenities
rooftop deck
mini bar
spa-like bathroom
hardwood floors
Bosch appliances
two separate HVAC systems
Building Details
Building Size
3,097 SF
Year Built
2026
Buildings
1
Stories
3
Listing Agency:
CrestPoint Real Estate
Listed By:
Jonathan Langer
(720) 441-2264
Source:
Corken
Added: Aug 20
Changed: Oct 29
Last Checked: Oct 30 at 10:16PM
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 CrestPoint Real Estate
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Investment Insights
Based on property information with market context.
Completed in 2026, this three-story residence offers more than 3,000 square feet, with 4 bedrooms and 5 bathrooms. Hardwood flooring, Bosch kitchen appliances, substantial storage, and two HVAC systems are among its interior features. A lower-level mini bar and a second bar on the third floor provide separate gathering areas, while the primary suite includes a dedicated bathroom. An oversized 2-car garage adds storage capacity alongside vehicle parking.
The home is five blocks from Sloan's Lake and has views of downtown Denver and the Front Range. A rooftop deck extends the third-floor living area outdoors. Construction meets Denver energy codes, according to the property information.
The home is five blocks from Sloan's Lake and has views of downtown Denver and the Front Range. A rooftop deck extends the third-floor living area outdoors. Construction meets Denver energy codes, according to the property information.
Key Highlights
- More than 3,000 square feet across three stories
- 4 bedrooms and 5 bathrooms
- Rooftop deck with downtown Denver and Front Range views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,024
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$940,480
$940.5K
Cap Rate 7%
$671,771
$671.8K
Cap Rate 9%
$522,489
$522.5K
Market Conditions
NOI Build-Up for 3,097 SF
Gross rent
$91.1K $29.40/SF
− Vacancy
−$5.6K −$1.79/SF
EGI
$85.5K $27.61/SF
− OpEx
−$38.5K −$12.42/SF
NOI
$47.0K $15.18/SF
Area
Denver, CO
Vacancy
6.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$940,480
Cap Rate 7%
$671,771
Cap Rate 9%
$522,489
Alternative Uses
Best Use
Apartment 5plus
$671.8K
$587.8K – $783.7K
NOI $47,024 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$985.9K
$862.7K – $1.15M
NOI $69,012 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
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Business Placement
Demographics for 80211, CO
37,940
Population
20,973
Households
1.8
Avg Household Size
34
Median Age
71%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,431
Density / Sq Mi
$117,685
Median Household Income
$78,573
Median Earnings
$1,931
Median Rent
$747,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - New construction pairs multiple gathering areas with downtown and mountain views from a rooftop terrace.
Where is this residential income property located?
The property is located at 2425 Meade St Denver, CO.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: More than 3,000 square feet across three stories; 4 bedrooms and 5 bathrooms; Rooftop deck with downtown Denver and Front Range views
