Four-Level Residential Income
For Sale
$1,090,000
2500 W 29th Ave, Denver, CO 80211
Finished lower-level living space includes a kitchen, bedroom, and full bath.
Property Size2,261 SF
Price / SF$482.09
Days on Market30
Property Features for 2500 W 29th Ave
General Information
Standard status
Active
Size
2,261 SF
Total Parking Spaces
1
Property subtype
Duplex
Site & Location
Neighborhood
Skyland
Additional Details
Multifamily Units
1
Building Details
Year Built
2026
Stories
4
Listing Agency:
NoCo Flex Real Estate
Listed By:
Ian Johnston
(970) 237-4749
Source:
Nocoflex
Added: Oct 2
Changed: Oct 30
Last Checked: Oct 30 at 2:07AM
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 NoCo Flex Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-level residential property contains 2,261 square feet of finished space, with three bedrooms and four bathrooms. The kitchen and dining area sit above the living room, while the second floor has a bedroom suite, walk-in closet, and laundry room with built-in storage. Another bedroom and full bath occupy the third level, alongside a wet bar, wine refrigerator, and deck with city views. The finished basement adds a bedroom, full bath, and kitchen equipped with a refrigerator, dishwasher, and range. An attached one-car garage and Thor Professional Range are also included. Construction was completed in 2026.
In Highland, the property has access to neighborhood restaurants, shops, parks, LoHi, and downtown Denver. The finished lower level can accommodate uses such as guest stays, extended stays, a home office, or additional living space.
In Highland, the property has access to neighborhood restaurants, shops, parks, LoHi, and downtown Denver. The finished lower level can accommodate uses such as guest stays, extended stays, a home office, or additional living space.
Key Highlights
- 2,261 square feet of finished living space across four levels
- Three bedrooms and four bathrooms
- Finished basement with bedroom, full bath, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,330
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,600
$686.6K
Cap Rate 7%
$490,429
$490.4K
Cap Rate 9%
$381,444
$381.4K
Market Conditions
NOI Build-Up for 2,261 SF
Gross rent
$66.5K $29.40/SF
− Vacancy
−$4.1K −$1.79/SF
EGI
$62.4K $27.61/SF
− OpEx
−$28.1K −$12.42/SF
NOI
$34.3K $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%
$686,600
Cap Rate 7%
$490,429
Cap Rate 9%
$381,444
Alternative Uses
Best Use
Apartment 5plus
$490.4K
$429.1K – $572.2K
NOI $34,330 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$719.8K
$629.8K – $839.7K
NOI $50,383 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
653
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
Frequently Asked Questions
What type of property is this?
Residential income property - Finished lower-level living space includes a kitchen, bedroom, and full bath.
Where is this residential income property located?
The property is located at 2500 W 29th Ave Denver, CO.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: 2,261 square feet of finished living space across four levels; Three bedrooms and four bathrooms; Finished basement with bedroom, full bath, and kitchen
