Private-Driveway
For Sale
$1,675,000
245 Jackson St, Denver, CO 80206
Designer-finished duplex with an independent lower level, private entrance, attached garage, and flexible living areas.
Property Size3,086 SF
Days on Market18
Property Features for 245 Jackson St
General Information
Standard status
Active
Size
3,086 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$8,882
Amenities
hardwood flooring
custom millwork
surround sound
enclosed front patio
chef's kitchen
Wolf and Sub-Zero appliances
wine refrigerator
custom copper hood
gas fireplace
primary suite balcony
walk-in closet
spa bath
European marble
dual-head shower
freestanding soaking tub
secondary bedroom en-suite
lower level full kitchen
private driveway
attached garage
Building Details
Building Size
3,086 SF
Year Built
1996
Listing Agency:
Compass - Denver
(720) 308-0000
Listed By:
Casey Karsh Perry
(720) 308-0000
Source:
Guidere
Added: Aug 13
Changed: Aug 25
Last Checked: Aug 29 at 5:04PM
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 Compass - Denver
Investment Insights
Based on property information with market context.
Built in 1996, this designer-finished duplex combines custom interior detailing with a configuration suited to varied living arrangements. The main level includes a living room, enclosed front patio, dining area, chef’s kitchen, den, gas fireplace, and integrated surround sound. The kitchen features a custom wood island, Wolf and Sub-Zero appliances, a built-in steamer, wine refrigerator, copper hood, and copper sink. Upstairs, the primary suite offers a private balcony, walk-in closet, and marble-finished bath with a dual-head shower and freestanding soaking tub. A secondary bedroom includes its own bath.
The fully independent lower level has a private entrance, full kitchen, living room, bedroom, three-quarter bath, hardwood floors, quartz countertops, natural light, and extensive storage. Additional property features include a private driveway, attached direct-access garage, custom millwork, curated lighting, and DuChateau hardwood flooring.
The fully independent lower level has a private entrance, full kitchen, living room, bedroom, three-quarter bath, hardwood floors, quartz countertops, natural light, and extensive storage. Additional property features include a private driveway, attached direct-access garage, custom millwork, curated lighting, and DuChateau hardwood flooring.
Key Highlights
- Built in 1996
- Fully independent lower level with private entrance, full kitchen, bedroom, three‑quarter bath, and living room
- Private driveway and attached direct‑access garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,285
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,025,700
$1.0M
Cap Rate 7%
$732,643
$732.6K
Cap Rate 9%
$569,833
$569.8K
Market Conditions
NOI Build-Up for 3,086 SF
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.
Gross rent
$77.8K $25.20/SF
− Vacancy
−$4.5K −$1.46/SF
EGI
$73.3K $23.74/SF
− OpEx
−$22.0K −$7.12/SF
NOI
$51.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,025,700
Cap Rate 7%
$732,643
Cap Rate 9%
$569,833
Alternative Uses
Best Use
Multifamily LT 5
$732.6K
$641.1K – $854.8K
NOI $51,285 @ 7.0% cap · market cap 3.06%
Second Best
Apartment 5plus
$669.4K
$585.7K – $781.0K
NOI $46,857 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$982.4K
$859.6K – $1.15M
NOI $68,767 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,951
Businesses Nearby
Explore this area
Business Placement
Demographics for 80206, CO
26,108
Population
15,580
Households
1.7
Avg Household Size
38
Median Age
78%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
10,443
Density / Sq Mi
$102,248
Median Household Income
$69,908
Median Earnings
$1,694
Median Rent
$892,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Designer-finished duplex with an independent lower level, private entrance, attached garage, and flexible living areas.
Where is this duplex located?
The property is located at 245 Jackson St Denver, CO.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Built in 1996; Fully independent lower level with private entrance, full kitchen, bedroom, three‑quarter bath, and living room; Private driveway and attached direct‑access garage
