New-Build Duplex with Rooftop
For Sale
$1,450,000
Pending
2427 Meade St, Denver, CO 80211
Three-story new construction with premium finishes, dual HVAC systems, extensive storage, and elevated outdoor entertaining space.
Property Size3,074 SF
Days on Market62
Property Features for 2427 Meade St
General Information
Standard status
Pending
Size
3,074 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,456
Amenities
hardwood floors
Bosch appliances
energy efficient
two HVAC systems
spa-like bathroom
mini bar
rooftop deck
Building Details
Building Size
3,074 SF
Year Built
2026
Buildings
1
Stories
3
Listing Agency:
CrestPoint Real Estate
Listed By:
Jonathan Langer
(720) 441-2264
Source:
Corken
Added: Aug 18
Changed: Oct 6
Last Checked: Oct 16 at 3:06PM
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 new-construction duplex offers more than 3,000 square feet with four bedrooms and five baths. The interior includes real hardwood flooring, premium Bosch kitchen appliances, extensive integrated storage, and two separate HVAC systems serving the levels. A spa-style primary bath adds a private retreat, while mini bars on the lower and third floors support entertaining. The third level opens to a rooftop deck with views toward downtown Denver and the Front Range. An oversized two-car garage provides parking along with additional storage and flexible utility.
The property is located at 2427 Meade St in Denver, five blocks from Sloan’s Lake. Its setting combines proximity to the lake with elevated sightlines toward the downtown skyline and surrounding mountains. Construction meets Denver’s most stringent energy codes, supporting the home’s energy-efficiency focus.
The property is located at 2427 Meade St in Denver, five blocks from Sloan’s Lake. Its setting combines proximity to the lake with elevated sightlines toward the downtown skyline and surrounding mountains. Construction meets Denver’s most stringent energy codes, supporting the home’s energy-efficiency focus.
Key Highlights
- New construction completed in 2026
- More than 3,000 square feet with 4 bedrooms and 5 baths
- Rooftop deck with downtown Denver skyline and Front Range views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,086
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,720
$1.0M
Cap Rate 7%
$729,800
$729.8K
Cap Rate 9%
$567,622
$567.6K
Market Conditions
NOI Build-Up for 3,074 SF
Gross rent
$77.5K $25.20/SF
− Vacancy
−$4.5K −$1.46/SF
EGI
$73.0K $23.74/SF
− OpEx
−$21.9K −$7.12/SF
NOI
$51.1K $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%
$1,021,720
Cap Rate 7%
$729,800
Cap Rate 9%
$567,622
Alternative Uses
Best Use
Multifamily LT 5
$729.8K
$638.6K – $851.4K
NOI $51,086 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$666.8K
$583.4K – $777.9K
NOI $46,674 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$978.6K
$856.3K – $1.14M
NOI $68,500 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
Explore this area
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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Three-story new construction with premium finishes, dual HVAC systems, extensive storage, and elevated outdoor entertaining space.
Where is this duplex located?
The property is located at 2427 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: New construction completed in 2026; More than 3,000 square feet with 4 bedrooms and 5 baths; Rooftop deck with downtown Denver skyline and Front Range views
