Tenant-Occupied Contemporary
New
For Sale
$749,000
267 S Jackson St, Denver, CO 80209
Three-story residence with flexible living areas, a covered balcony, wet bar, and one-car garage.
Property Size2,370 SF
Days on Market6
Property Features for 267 S Jackson St
General Information
Standard status
Active
Size
2,370 SF
Total Parking Spaces
1
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,266
Building Details
Building Size
2,370 SF
Year Built
2023
Buildings
1
Stories
3
Tenancy
Single
Listing Agency:
Compass - Denver
(720) 308-2615
Listed By:
Rachel Gallegos · License #100002255
(720) 308-2615
Source:
Guidere
Added: Aug 24
Changed: Aug 29
Last Checked: Aug 29 at 5:01PM
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 2023, this tenant-occupied duplex residence spans three stories with a contemporary interior and adaptable living areas. The main level combines a designer kitchen with eat-in island seating and open dining and living spaces. A lower-level bedroom, full bath, living area, and kitchenette add separation and flexibility. The second floor includes the primary suite, walk-in closet, double vanity, spa-inspired shower, and laundry room. At the top level, a bonus room, wet bar, third bedroom, full bath, and covered balcony extend the usable space.
The property includes a one-car garage with substantial storage or lift height. The existing tenant is expected to remain after closing. Its Cherry Creek setting places the residence near dining, boutique shopping, parks, and recreation.
The property includes a one-car garage with substantial storage or lift height. The existing tenant is expected to remain after closing. Its Cherry Creek setting places the residence near dining, boutique shopping, parks, and recreation.
Key Highlights
- Tenant occupied with the existing tenant to remain after closing
- Built in 2023 with three‑story contemporary design
- Lower level includes a bedroom, full bath, living area, and kitchenette
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
$39,386
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
5.26%
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%
$787,720
$787.7K
Cap Rate 7%
$562,657
$562.7K
Cap Rate 9%
$437,622
$437.6K
Market Conditions
NOI Build-Up for 2,370 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
$59.7K $25.20/SF
− Vacancy
−$3.5K −$1.46/SF
EGI
$56.3K $23.74/SF
− OpEx
−$16.9K −$7.12/SF
NOI
$39.4K $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%
$787,720
Cap Rate 7%
$562,657
Cap Rate 9%
$437,622
Alternative Uses
Best Use
Multifamily LT 5
$562.7K
$492.3K – $656.4K
NOI $39,386 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$514.1K
$449.8K – $599.8K
NOI $35,985 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$754.5K
$660.2K – $880.2K
NOI $52,812 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,951
Businesses Nearby
Explore this area
Business Placement
Demographics for 80209, CO
27,061
Population
16,045
Households
1.7
Avg Household Size
38
Median Age
80%
College-Educated
99%
High-School Grad
3.5 sq mi
ZIP Area
7,732
Density / Sq Mi
$118,759
Median Household Income
$81,604
Median Earnings
$1,981
Median Rent
$971,500
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 - Three-story residence with flexible living areas, a covered balcony, wet bar, and one-car garage.
Where is this duplex located?
The property is located at 267 S Jackson St Denver, CO.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Tenant occupied with the existing tenant to remain after closing; Built in 2023 with three‑story contemporary design; Lower level includes a bedroom, full bath, living area, and kitchenette
