Duplex with Detached
290 S Marion Pkwy, Denver, CO 80209
For Sale
$1,250,000
Each residence has its own entrance, porch, and private outdoor space.
Property Size3,514 SF
Days on Market9
Property Features for 290 S Marion Pkwy
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
gas fireplaces
vaulted ceilings
skylights
private patios
yards
front porches
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Steamboat Mountain Real Estate
Listed By:
Sonia Franzel · License CO #100046267
(808) 255-1323
Source:
Corken
Added: Nov 6
Changed: Nov 13
Last Checked: Nov 12 at 5:49PM
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 Steamboat Mountain Real Estate
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Investment Insights
Based on property information with market context.
Built in 1927, this two-unit property features exposed brick, refinished oak flooring, vaulted ceilings, and skylights. Gas fireplaces serve as interior focal points, while double-pane windows help separate the living spaces from street noise. Both units have private entrances, front porches, and private patios and yards. Detached garages and additional rear parking serve the property.
Recent updates include remodeled bathrooms, some new appliances, fresh paint, new vanities, and new carpet. Some bedrooms are nonconforming.
Recent updates include remodeled bathrooms, some new appliances, fresh paint, new vanities, and new carpet. Some bedrooms are nonconforming.
Key Highlights
- Two‑unit duplex built in 1927
- Detached garages and additional parking at the rear
- Private entrances, front porches, patios, and yards for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,398
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,167,960
$1.2M
Cap Rate 7%
$834,257
$834.3K
Cap Rate 9%
$648,867
$648.9K
Market Conditions
NOI Build-Up for 3,514 SF
Gross rent
$88.6K $25.20/SF
− Vacancy
−$5.1K −$1.46/SF
EGI
$83.4K $23.74/SF
− OpEx
−$25.0K −$7.12/SF
NOI
$58.4K $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 Rate 5%
$1,167,960
Cap Rate 7%
$834,257
Cap Rate 9%
$648,867
Alternative Uses
Best Use
Multifamily LT 5
$834.3K
$730.0K – $973.3K
NOI $58,398 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$762.2K
$666.9K – $889.3K
NOI $53,355 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$1.12M
$978.8K – $1.31M
NOI $78,304 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,178
Businesses Nearby
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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
$971,500
Median Home Value
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Market
Average Price Trend$/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 - Each residence has its own entrance, porch, and private outdoor space.
Where is this duplex located?
The property is located at 290 S Marion Pkwy Denver, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1927; Detached garages and additional parking at the rear; Private entrances, front porches, patios, and yards for both units
