Brick Duplex with Two
For Sale
$695,000
2687-2685 S Logan St, Denver, CO 80203
Up-and-down configuration offers separate living areas, eat-in kitchens, and shared access to a large backyard.
Property Size1,756 SF
Price / SF$395.79
Days on Market76
Property Features for 2687-2685 S Logan St
General Information
Standard status
Active
Size
1,756 SF
Property subtype
Residential Income
Zoning
U-TU-B
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,704
Building Details
Buildings
1
Construction
brick
Listing Agency:
Your Castle Real Estate Inc
(303) 962-4272
Listed By:
Jason Lewis · License #100031034
(303) 949-8662
Source:
Exprealty
Added: Jul 31
Changed: Oct 6
Last Checked: Oct 12 at 8:27PM
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
Investment Insights
Based on property information with market context.
Located at 2685-2687 S Logan Street in Denver, this 1,756-square-foot brick duplex contains two distinct 2-bedroom, 1-bathroom residences. Each unit includes a living room and eat-in kitchen, while the upper residence adds coved ceilings, a covered front porch, and abundant natural light. A common hallway provides access to the backyard for both units.
The property sits on a U-TU-B zoned lot, which allows up to two dwelling units. The upstairs unit is vacant, while the lower unit and one garage bay are leased month-to-month. Nearby redevelopment includes scrape-and-build projects and new townhome construction.
The property sits on a U-TU-B zoned lot, which allows up to two dwelling units. The upstairs unit is vacant, while the lower unit and one garage bay are leased month-to-month. Nearby redevelopment includes scrape-and-build projects and new townhome construction.
Key Highlights
- Two separate 2‑bedroom, 1‑bathroom units in an up‑and‑down duplex layout
- 1,756‑square‑foot brick duplex at 2685‑2687 S Logan Street
- U‑TU‑B zoning allows 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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,843
Businesses Nearby
Explore this area
Business Placement
Demographics for 80203, CO
22,883
Population
16,887
Households
1.4
Avg Household Size
33
Median Age
69%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
20,803
Density / Sq Mi
$74,654
Median Household Income
$59,229
Median Earnings
$1,569
Median Rent
$462,500
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 - Up-and-down configuration offers separate living areas, eat-in kitchens, and shared access to a large backyard.
Where is this duplex located?
The property is located at 2687-2685 S Logan St 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; 1,756‑square‑foot brick duplex at 2685‑2687 S Logan Street; U‑TU‑B zoning allows up to two dwelling units
