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Remodeled Up/Down Duplex
For Sale
$900,000

3110 Vallejo St, Denver, CO 80211

Two separately configured units create a flexible Denver income property with updated interiors and building systems.

Property Size1,600 SF
Days on Market160

Property Features for 3110 Vallejo St

General Information

Standard status Active
Size 1,600 SF
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,620

Building Details

Building Size 1,600 SF
Year Built 1896
Year Renovated 2016
Listing Agency: Real Broker, LLC DBA Real
Listed By: Connor O'Halloran
Source: Corken
Added: May 8 Changed: Oct 10 Last Checked: Oct 13 at 12:45AM

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 Real Broker, LLC DBA Real

Investment Insights

Based on property information with market context.

This up/down duplex contains two units, each configured with 2 bedrooms and 1 bathroom. Both residences underwent a comprehensive renovation in 2016, including electrical, plumbing, HVAC, roofing, windows, lighting, bathrooms, flooring, concrete, and exterior brickwork. Interior finishes include quartz countertops, stainless steel appliances, reclaimed-wood feature walls, and custom iron stairs leading to rear patios.

The property is located at 3110 Vallejo St in Denver’s Lower Highlands area, with Downtown within walking distance. The surrounding area includes El Five, Linger, Root Down, Avanti Food & Beverage, Little Man Ice Cream, Postino LoHi, and Highland Tap and Burger. The building was originally constructed in 1896.

Key Highlights

  • Two‑unit up/down duplex with 2‑bed, 1‑bath layout in each unit
  • Comprehensively remodeled in 2016
  • Renovated electrical, plumbing, roof, HVAC, windows, lighting, and concrete

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,590
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,800 $531.8K
Cap Rate 7%
$379,857 $379.9K
Cap Rate 9%
$295,444 $295.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$40.3K $25.20/SF
− Vacancy
−$2.3K −$1.46/SF
EGI
$38.0K $23.74/SF
− OpEx
−$11.4K −$7.12/SF
NOI
$26.6K $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%
$531,800
Cap Rate 7%
$379,857
Cap Rate 9%
$295,444

Alternative Uses

Best Use
Multifamily LT 5
$379.9K
$332.4K – $443.2K (±1% cap)
NOI $26,590 @ 7.0% cap · market cap 2.95%
Second Best
Apartment 5plus
$347.1K
$303.7K – $404.9K (±1% cap)
NOI $24,294 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$509.3K
$445.7K – $594.2K (±1% cap)
NOI $35,654 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Mobile Phone Store Tanning Salon Clothing & Fashion Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,216
Businesses Nearby

Demographics for 80211, CO

37,940
Population
20,973
Households
1.8
Avg Household Size
34
Median Age
71%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,431
Density / Sq Mi
$117,685
Median Household Income
$78,573
Median Earnings
$1,931
Median Rent
$747,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately configured units create a flexible Denver income property with updated interiors and building systems.
Where is this duplex located?
The property is located at 3110 Vallejo St Denver, CO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two‑unit up/down duplex with 2‑bed, 1‑bath layout in each unit; Comprehensively remodeled in 2016; Renovated electrical, plumbing, roof, HVAC, windows, lighting, and concrete
More about this property
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