Renovated Duplex with Tandem
For Sale
$585,000
2925 E 14th Ave, Denver, CO 80206
Updated bungalow duplex with original character, modern systems, finished basement space, and reserved rear parking.
Property Size1,380 SF
Days on Market63
Property Features for 2925 E 14th Ave
General Information
Standard status
Active
Size
1,380 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$3,043
Building Details
Building Size
1,380 SF
Year Built
1906
Listing Agency:
West and Main Homes Inc
Listed By:
Janell Arant
(720) 469-5332
Source:
Guidere
Added: Aug 13
Changed: Oct 13
Last Checked: Oct 13 at 1:44AM
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 West and Main Homes Inc
Investment Insights
Based on property information with market context.
This bungalow duplex combines historic character with extensive interior and infrastructure updates. The main level retains original hardwood floors and a turn-of-the-century fireplace, while the remodeled kitchen adds custom cabinetry, quartz countertops, and stainless steel appliances. Two bedrooms include built-in closet systems, and the updated bathroom features upgraded tile, a quartz vanity, shelving, and a seamless glass shower. Newer PEX plumbing, electrical, ductwork, roof, furnace, air conditioning, water heater, windows, paint, lighting, and plumbing fixtures complete the renovation. The finished basement provides a family room, a non-conforming bedroom or office, substantial storage, and an oversized laundry room. Washer and dryer are included.
Outdoor features include a covered south-facing front porch, updated low-maintenance landscaping, and two deeded/reserved tandem parking spaces at the rear. The property is at 2925 E 14th Ave in Denver’s Congress Park area, with an 84/100 Walk Score and proximity to City Park, Denver Botanic Gardens, Congress Park, Cheesman Park, Downtown, restaurants, coffee shops, farmers markets, and neighborhood events.
Outdoor features include a covered south-facing front porch, updated low-maintenance landscaping, and two deeded/reserved tandem parking spaces at the rear. The property is at 2925 E 14th Ave in Denver’s Congress Park area, with an 84/100 Walk Score and proximity to City Park, Denver Botanic Gardens, Congress Park, Cheesman Park, Downtown, restaurants, coffee shops, farmers markets, and neighborhood events.
Key Highlights
- Duplex originally built in 1906 and comprehensively renovated
- Original hardwood floors and turn‑of‑the‑century fireplace retained
- Finished basement with family room, non‑conforming bedroom or office, storage, and laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,934
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,680
$458.7K
Cap Rate 7%
$327,629
$327.6K
Cap Rate 9%
$254,822
$254.8K
Market Conditions
NOI Build-Up for 1,380 SF
Gross rent
$34.8K $25.20/SF
− Vacancy
−$2.0K −$1.46/SF
EGI
$32.8K $23.74/SF
− OpEx
−$9.8K −$7.12/SF
NOI
$22.9K $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%
$458,680
Cap Rate 7%
$327,629
Cap Rate 9%
$254,822
Alternative Uses
Best Use
Multifamily LT 5
$327.6K
$286.7K – $382.2K
NOI $22,934 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$299.3K
$261.9K – $349.2K
NOI $20,953 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$439.3K
$384.4K – $512.5K
NOI $30,751 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,583
Businesses Nearby
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Business Placement
Demographics for 80206, CO
26,108
Population
15,580
Households
1.7
Avg Household Size
38
Median Age
78%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
10,443
Density / Sq Mi
$102,248
Median Household Income
$69,908
Median Earnings
$1,694
Median Rent
$892,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Updated bungalow duplex with original character, modern systems, finished basement space, and reserved rear parking.
Where is this duplex located?
The property is located at 2925 E 14th Ave Denver, CO.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Duplex originally built in 1906 and comprehensively renovated; Original hardwood floors and turn‑of‑the‑century fireplace retained; Finished basement with family room, non‑conforming bedroom or office, storage, and laundry
