Updated Duplex with Lock-Off
For Sale
$1,350,000
2485 Old Trail Road, Avon, CO 81620
Residential, Avon, CO
Property Size2,858 SF
Lot Size0.15 Acres
Price / SF$472.36
Days on Market138
Property Features for 2485 Old Trail Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
duplex/triplex
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Rooms
Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 4
Parking
2
Parking features
Garage
Patio and Porch features
Deck
Interior features
Fireplace - Gas, Vaulted Ceiling(s)
Fencing
Fenced
Fireplace
1
Basement
Finished
Appliances
Disposal, Range, Refrigerator, Washer
Subdivision
Deer Ridge
Standard status
Active
APN
1943-353-08-008
Size
2,858 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Subdivision: DEER RIDGE SUB Lot: 3B R648868 MAP 03-04-98 R648869 DEC 03-04-98
Tax Annual Amount
5288
Legal Description
Subdivision: DEER RIDGE SUB Lot: 3B R648868 MAP 03-04-98 R648869 DEC 03-04-98
Utilities
Utilities
Cable Available
Heating system
Natural Gas, Baseboard
Cooling system
Ceiling Fan(s)
Amenities
fire pit
garden space
deck
fenced backyard
Building Details
Year built
1998
Floors in Building
2
Number of units
1
Flooring type
Simulated wood, Carpet
Building materials
Frame, Stucco
Roof type
Asphalt
Listing Agency:
Berkshire Hathaway - Vail VLG · Berkshire Hathaway HomeServices
(970) 476-0476
Listed By:
Matt Seatvet · License #FA100076770
(970) 471-2518
Added: May 23
Changed: Oct 6
Last Checked: Oct 7 at 11:06AM
MLS# 1014207
Copyright © 2026 Vail Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5-bedroom duplex at 2485 Old Trail Road in Avon provides 2,858 square feet of living space on a 0.15-acre lot. Built in 1998, the home includes a primary en suite on the main level, vaulted ceilings, a gas fireplace, multiple bathrooms, and upper-level decks. The lower level contains a separate 1-bedroom lock-off with a kitchenette, bathroom, storage, private entrance, and dedicated parking. A fenced backyard adds outdoor space, while the two-car garage supports parking and storage needs.
Recent work includes a boiler and water tank installed in 2023 and a roof, gutters, and heat tape replaced in 2022. Additional improvements include flooring, lighting, bathroom fixtures, kitchen components, laundry equipment, paint, door hardware, and drainage-related updates. The property is zoned duplex/triplex and has no HOA. Wildridge offers access to hiking and biking trails, parks, and a dog park, with the Town of Avon and Beaver Creek nearby.
Recent work includes a boiler and water tank installed in 2023 and a roof, gutters, and heat tape replaced in 2022. Additional improvements include flooring, lighting, bathroom fixtures, kitchen components, laundry equipment, paint, door hardware, and drainage-related updates. The property is zoned duplex/triplex and has no HOA. Wildridge offers access to hiking and biking trails, parks, and a dog park, with the Town of Avon and Beaver Creek nearby.
Key Highlights
- 5‑bedroom duplex with a separate 1‑bedroom lock‑off suite
- 2,858 square feet on a 0.15‑acre lot
- Lock‑off includes kitchenette, bathroom, storage, private entrance, and dedicated parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,528
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,560
$790.6K
Cap Rate 7%
$564,686
$564.7K
Cap Rate 9%
$439,200
$439.2K
Market Conditions
NOI Build-Up for 2,858 SF
Gross rent
$73.1K $25.56/SF
− Vacancy
−$16.6K −$5.80/SF
EGI
$56.5K $19.76/SF
− OpEx
−$16.9K −$5.93/SF
NOI
$39.5K $13.83/SF
Area
Eagle County, CO
Vacancy
22.70%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,560
Cap Rate 7%
$564,686
Cap Rate 9%
$439,200
Alternative Uses
Best Use
Multifamily LT 5
$564.7K
$494.1K – $658.8K
NOI $39,528 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$512.7K
$448.6K – $598.1K
NOI $35,886 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$783.9K
$685.9K – $914.6K
NOI $54,874 @ 7.0% cap · market cap 4.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
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Business Placement
Demographics for 81620, CO
10,038
Population
9,432
Households
1.1
Avg Household Size
37
Median Age
46%
College-Educated
97%
High-School Grad
54.0 sq mi
ZIP Area
186
Density / Sq Mi
$99,152
Median Household Income
$40,908
Median Earnings
$2,199
Median Rent
$951,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Mountain-area duplex with a private lock-off suite, fenced yard, decks, and a two-car garage.
Where is this duplex located?
The property is located at 2485 Old Trail Road Avon, CO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5‑bedroom duplex with a separate 1‑bedroom lock‑off suite; 2,858 square feet on a 0.15‑acre lot; Lock‑off includes kitchenette, bathroom, storage, private entrance, and dedicated parking
