Updated Brick
For Sale
$600,000
321 Inca St, Denver, CO 80223
Single-story living includes in-unit laundry, a fenced private yard, and no HOA.
Property Size1,376 SF
Days on Market204
Property Features for 321 Inca St
General Information
Standard status
Active
Size
1,376 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$2,787
Building Details
Building Size
1,376 SF
Year Built
1901
Listing Agency:
The Agency - Denver
Listed By:
Amy Terry · License #40047115
(303) 882-3954
Source:
Guidere
Added: Mar 25
Changed: Oct 12
Last Checked: Oct 12 at 11:32PM
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 The Agency - Denver
Investment Insights
Based on property information with market context.
Built in 1901, this all-brick duplex combines a single-story layout with recent functional improvements. The property features refinished original hardwood flooring, exposed brick details, fresh interior paint, a newer roof, and new furnaces. In-unit laundry and a fully enclosed private yard add practical value, while the absence of an HOA supports ownership flexibility. One unit is occupied by a month-to-month tenant, providing an existing rental arrangement for the next owner.
The property is located at 321 Inca St in Denver’s Baker neighborhood. The Broncos’ new stadium at Burnham Yard is two blocks away, and the light rail station is six blocks from the property. Middlestate Coffee, Baker Market, restaurants, and breweries are within walking distance, with the Santa Fe Arts District, South Broadway, and downtown Denver also nearby. The stated Walk Score is 87.
The property is located at 321 Inca St in Denver’s Baker neighborhood. The Broncos’ new stadium at Burnham Yard is two blocks away, and the light rail station is six blocks from the property. Middlestate Coffee, Baker Market, restaurants, and breweries are within walking distance, with the Santa Fe Arts District, South Broadway, and downtown Denver also nearby. The stated Walk Score is 87.
Key Highlights
- All‑brick duplex built in 1901
- Single‑story layout with no stairs
- New roof and new furnaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,867
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,340
$457.3K
Cap Rate 7%
$326,671
$326.7K
Cap Rate 9%
$254,078
$254.1K
Market Conditions
NOI Build-Up for 1,376 SF
Gross rent
$34.7K $25.20/SF
− Vacancy
−$2.0K −$1.46/SF
EGI
$32.7K $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%
$457,340
Cap Rate 7%
$326,671
Cap Rate 9%
$254,078
Alternative Uses
Best Use
Multifamily LT 5
$326.7K
$285.8K – $381.1K
NOI $22,867 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$298.5K
$261.2K – $348.2K
NOI $20,893 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$438.0K
$383.3K – $511.0K
NOI $30,662 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,995
Businesses Nearby
Explore this area
Business Placement
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
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 - Single-story living includes in-unit laundry, a fenced private yard, and no HOA.
Where is this duplex located?
The property is located at 321 Inca St Denver, CO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: All‑brick duplex built in 1901; Single‑story layout with no stairs; New roof and new furnaces
