Four-Bed Duplex Income
For Sale
$725,000
2739 W 12th Avenue, Denver, CO 80204
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 Market86
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: Aug 1 at 10:06AM
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,274
Businesses Nearby
Explore this area
Business Placement
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
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 - 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
