Half-Duplex Residential Income
30620 Relay Court Oak Creek, CO 80467
For Sale
$1,350,000
MULTI_FAMILY - Oak Creek, CO
Property Size2,625 SF
Lot Size0.48 Acres
Price / SF$514.29
Days on Market637
Property Features for 30620 Relay Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 4
Pets allowed
Yes
Standard status
Active
APN
R8170528
Size
2,625 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
1866
Building Details
Year built
2025
Listing Agency:
The Agency Steamboat Springs
(970) 457-6880
Listed By:
Michelle Parilla · License #100071440
(970) 457-6880
Added: Oct 31, 2024
Changed: Jul 22
Last Checked: Jul 29 at 8:06AM
MLS# S1054957
Copyright © 2026 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This new half-duplex is designed to feel like a spacious single-family home, with a layout that includes four bedrooms, four bathrooms, and an additional flex space. On the lower level, you can enter directly from the main front door or pull into the attached two-car garage and step into a dedicated mudroom. The lower level also features a laundry room, a bedroom with an ensuite bath, and a bonus room that can be finished as an additional bedroom or home office, or adapted into a fully functioning ADU for guests, private quarters, or rental income opportunity.
Upstairs, the bright, open living area is built for entertaining and everyday use, anchored by a modern kitchen with a grand island that flows into the dining and living rooms. Two expansive sliding doors open to a large deck with views mentioned as extending to Young’s Peak and the Stagecoach Ski Area, and ceilings over 10 feet are intended to bring in natural light.
The home includes finished interior touches described as natural stone and wood accents, with easy access described to walking trails and a short drive or bike ride to Stagecoach Reservoir for outdoor activities such as boating, fishing, and paddleboarding.
Upstairs, the bright, open living area is built for entertaining and everyday use, anchored by a modern kitchen with a grand island that flows into the dining and living rooms. Two expansive sliding doors open to a large deck with views mentioned as extending to Young’s Peak and the Stagecoach Ski Area, and ceilings over 10 feet are intended to bring in natural light.
The home includes finished interior touches described as natural stone and wood accents, with easy access described to walking trails and a short drive or bike ride to Stagecoach Reservoir for outdoor activities such as boating, fishing, and paddleboarding.
Key Highlights
- New half‑duplex (under construction) built in 2025 with 4 bedrooms and 4 bathrooms plus a flex space
- Over 2,600 sq ft of planned living space designed to feel like a spacious single‑family home
- Main floor includes an attached 2‑car garage, dedicated mudroom, laundry room, and a bedroom with ensuite bath
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 | $80.3k | $30.60 |
| − Vacancy | −$4.6k | −$1.74 |
| EGI | $75.7k | $28.86 |
| − OpEx | −$22.7k | −$8.66 |
| NOI | $53.0k | $20.20 |
2,625 SF · lease $30.60/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$757.5K
$662.8K – $883.7K
NOI $53,023 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$698.0K
$610.7K – $814.3K
NOI $48,857 @ 7.0% cap · market cap 3.62%
Theoretical Best
Warehouse
$1.05M
$918.7K – $1.22M
NOI $73,492 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - New half-duplex with four bedrooms, four bathrooms, flex space, and an attached two-car garage.
Where is this duplex located?
The property is located at 30620 Relay Court Oak Creek, CO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: New half‑duplex (under construction) built in 2025 with 4 bedrooms and 4 bathrooms plus a flex space; Over 2,600 sq ft of planned living space designed to feel like a spacious single‑family home; Main floor includes an attached 2‑car garage, dedicated mudroom, laundry room, and a bedroom with ensuite bath
