Brick 2-Unit
2620-2626 W Argyle Pl, Denver, CO 80211
For Sale
New
$899,000
Each residence has a lower-level flex area and its own rear deck.
Property Size1,996 SF
Days on Market7
Property Features for 2620-2626 W Argyle Pl
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
private back decks
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Aspen Grove Real Estate Group
Listed By:
Carla Grumann
(303) 345-5355
Source:
Corken
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 8 at 1:39PM
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 Aspen Grove Real Estate Group
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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.
Built in 1928, this Denver duplex contains two side-by-side residences, each with 1 bedroom, 1 bathroom, and approximately 1,000 square feet. Both units include a lower-level flex area and a private rear deck. Parking includes one dedicated off-street space for 2620 and an attached 1.5-car garage for 2626.
Unit 2620 is occupied by a tenant, while unit 2626 is vacant. The property is near shops, dining, and nightlife in LoHi and the Highlands.
Unit 2620 is occupied by a tenant, while unit 2626 is vacant. The property is near shops, dining, and nightlife in LoHi and the Highlands.
Key Highlights
- Two side‑by‑side units, each with 1 bedroom, 1 bathroom, and approximately 1,000 square feet
- Built in 1928
- Lower‑level flex area and private rear deck in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,171
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,420
$663.4K
Cap Rate 7%
$473,871
$473.9K
Cap Rate 9%
$368,567
$368.6K
Market Conditions
NOI Build-Up for 1,996 SF
Gross rent
$50.3K $25.20/SF
− Vacancy
−$2.9K −$1.46/SF
EGI
$47.4K $23.74/SF
− OpEx
−$14.2K −$7.12/SF
NOI
$33.2K $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%
$663,420
Cap Rate 7%
$473,871
Cap Rate 9%
$368,567
Alternative Uses
Best Use
Multifamily LT 5
$473.9K
$414.6K – $552.9K
NOI $33,171 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$433.0K
$378.8K – $505.1K
NOI $30,307 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$635.4K
$556.0K – $741.3K
NOI $44,478 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,699
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
$747,800
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Denver, CO
Properties on Market for Duplexes in Denver
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a lower-level flex area and its own rear deck.
Where is this duplex located?
The property is located at 2620-2626 W Argyle Pl Denver, CO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with 1 bedroom, 1 bathroom, and approximately 1,000 square feet; Built in 1928; Lower‑level flex area and private rear deck in each unit
