Four-Bed Duplex Income
2739 W 12th Avenue Denver, CO 80204
For Sale
$725,000
Duplex with 4 bedrooms per side, currently rented with Section 8 4-bedroom vouchers and monthly direct-deposit payments.
Property Size2,456 SF
Price / SF$295.20
Days on Market78
Property Features for 2739 W 12th Avenue
General Information
- Standard status
- Active
- Size
- 2,456 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1894
Listing Agency:
REDT LLC
(720) 255-4101
Listed By:
Nathan Adams · License #100004676
(720) 255-4101
Source:
Exitrealty
Added: May 8
Changed: Jul 21
Last Checked: Jul 23 at 9:11AM
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 REDT LLC
Investment Insights
Based on property information with market context.
This duplex offers two residential units, each with four bedrooms. The property is currently rented and has been stabilized for eight years straight, supporting consistent income. Lease payments are received on the first of the month via direct deposit under 4-bedroom Section 8 vouchers. The public remarks also note that rents are expected to increase in the fall at lease renewal.
The property is located at 2739 W 12th Avenue in Denver’s Sun Valley neighborhood. It is listed with C-MX-5 zoning, and the remarks describe future development potential alongside the current stabilized operations.
Per the provided information, the duplex is being marketed as both an income-producing asset and a property with development entitlements referenced as being finalized. Prospective buyers should note the request for no tenant contact and that showings are not scheduled until a contract is submitted.
The property is located at 2739 W 12th Avenue in Denver’s Sun Valley neighborhood. It is listed with C-MX-5 zoning, and the remarks describe future development potential alongside the current stabilized operations.
Per the provided information, the duplex is being marketed as both an income-producing asset and a property with development entitlements referenced as being finalized. Prospective buyers should note the request for no tenant contact and that showings are not scheduled until a contract is submitted.
Key Highlights
- Duplex built in 1894 with 4 bedrooms per side
- Currently rented with 4‑bedroom Section 8 vouchers
- Rent payments are guaranteed on the 1st of the month via direct deposit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.9k | $25.20 |
| − Vacancy | −$3.6k | −$1.46 |
| EGI | $58.3k | $23.74 |
| − OpEx | −$17.5k | −$7.12 |
| NOI | $40.8k | $16.62 |
2,456 SF · lease $25.20/SF/yr · vacancy 5.79% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$583.1K
$510.2K – $680.3K
NOI $40,815 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$532.7K
$466.1K – $621.5K
NOI $37,291 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$781.8K
$684.1K – $912.1K
NOI $54,728 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with 4 bedrooms per side, currently rented with Section 8 4-bedroom vouchers and monthly direct-deposit payments.
Where is this duplex located?
The property is located at 2739 W 12th Avenue Denver, CO.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Duplex built in 1894 with 4 bedrooms per side; Currently rented with 4‑bedroom Section 8 vouchers; Rent payments are guaranteed on the 1st of the month via direct deposit
