Brick Duplex with Covered
2685 S Logan St 2687, Denver, CO 80210
For Sale
$695,000
Up-and-down residential income property with separate units, shared backyard access, and a month-to-month rental arrangement.
Property Size1,756 SF
Days on Market102
Property Features for 2685 S Logan St 2687
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Your Castle Real Estate Inc
Listed By:
Jason Lewis · License #100031034
(303) 949-8662
Source:
Guidere
Added: Jul 31
Changed: Nov 5
Last Checked: Nov 8 at 12:10PM
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 Your Castle Real Estate Inc
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Investment Insights
Based on property information with market context.
This 1955 brick duplex at 2685 S Logan St 2687 contains two separate 2-bedroom, 1-bathroom units arranged in an up-and-down configuration. Each residence includes a living room and eat-in kitchen, while the upper unit adds coved ceilings, abundant natural light, and a covered front porch. A common hallway provides access to the large backyard, and the property includes one garage bay.
The lot is zoned U-TU-B and permits up to two dwelling units. The lower residence and garage bay are rented month-to-month, while the upper unit is vacant. Nearby redevelopment includes scrape-and-build activity and new townhome construction, providing relevant context for the property's residential setting and ongoing neighborhood change.
The lot is zoned U-TU-B and permits up to two dwelling units. The lower residence and garage bay are rented month-to-month, while the upper unit is vacant. Nearby redevelopment includes scrape-and-build activity and new townhome construction, providing relevant context for the property's residential setting and ongoing neighborhood change.
Key Highlights
- Two separate 2‑bedroom, 1‑bathroom units in an up‑and‑down duplex layout
- 1955 brick construction with covered front porch and coved ceilings in the upper unit
- U‑TU‑B zoning permits up to two dwelling units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,182
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,640
$583.6K
Cap Rate 7%
$416,886
$416.9K
Cap Rate 9%
$324,244
$324.2K
Market Conditions
NOI Build-Up for 1,756 SF
Gross rent
$44.3K $25.20/SF
− Vacancy
−$2.6K −$1.46/SF
EGI
$41.7K $23.74/SF
− OpEx
−$12.5K −$7.12/SF
NOI
$29.2K $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%
$583,640
Cap Rate 7%
$416,886
Cap Rate 9%
$324,244
Alternative Uses
Best Use
Multifamily LT 5
$416.9K
$364.8K – $486.4K
NOI $29,182 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$380.9K
$333.3K – $444.4K
NOI $26,662 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$559.0K
$489.1K – $652.2K
NOI $39,130 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,843
Businesses Nearby
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Business Placement
Demographics for 80210, CO
39,394
Population
18,496
Households
2.1
Avg Household Size
33
Median Age
76%
College-Educated
99%
High-School Grad
6.1 sq mi
ZIP Area
6,458
Density / Sq Mi
$120,156
Median Household Income
$61,607
Median Earnings
$1,963
Median Rent
$870,500
Median Home Value
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Market
Average Price Trend$/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 - Up-and-down residential income property with separate units, shared backyard access, and a month-to-month rental arrangement.
Where is this duplex located?
The property is located at 2685 S Logan St 2687 Denver, CO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two separate 2‑bedroom, 1‑bathroom units in an up‑and‑down duplex layout; 1955 brick construction with covered front porch and coved ceilings in the upper unit; U‑TU‑B zoning permits up to two dwelling units
