Residential Income Property with Finished
For Sale
$960,000
3316 Ames St, Denver, CO 80212
A detached two-story home pairs an open living area with a finished lower level and a detached garage.
Property Size2,742 SF
Price / SF$350.11
Days on Market32
Property Features for 3316 Ames St
General Information
Standard status
Active
Size
2,742 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Amenities
covered front porch
private patio
fenced yard
gas fireplace
mountain views
Building Details
Year Built
2021
Buildings
1
Stories
2
Construction
modern farmhouse
Listing Agency:
NoCo Flex Real Estate
Listed By:
Ian Johnston
(970) 237-4749
Source:
Nocoflex
Added: Sep 30
Changed: Oct 30
Last Checked: Oct 30 at 2:08AM
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 NoCo Flex Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2021, this 2,742-square-foot, two-story home has an open-concept main level with hardwood floors, a family room, and a kitchen with quartz countertops and a 13-foot island. Sliding glass doors connect the family room to a fenced backyard and patio. The finished basement adds a recreation room, bathroom, and bedroom. A detached two-car garage includes a storage loft.
The home is approximately 5 minutes from Sloan Lake and Tennyson, with restaurants, shops, trails, and outdoor recreation in the surrounding area. Mountain views are also noted.
The home is approximately 5 minutes from Sloan Lake and Tennyson, with restaurants, shops, trails, and outdoor recreation in the surrounding area. Mountain views are also noted.
Key Highlights
- 2,742‑square‑foot home built in 2021
- Finished basement with recreation room, bathroom, and bedroom
- Kitchen features quartz countertops and a 13‑foot island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,634
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,680
$832.7K
Cap Rate 7%
$594,771
$594.8K
Cap Rate 9%
$462,600
$462.6K
Market Conditions
NOI Build-Up for 2,742 SF
Gross rent
$80.6K $29.40/SF
− Vacancy
−$4.9K −$1.79/SF
EGI
$75.7K $27.61/SF
− OpEx
−$34.1K −$12.42/SF
NOI
$41.6K $15.18/SF
Area
Denver, CO
Vacancy
6.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,680
Cap Rate 7%
$594,771
Cap Rate 9%
$462,600
Alternative Uses
Best Use
Apartment 5plus
$594.8K
$520.4K – $693.9K
NOI $41,634 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$872.9K
$763.8K – $1.02M
NOI $61,101 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,276
Businesses Nearby
Explore this area
Business Placement
Demographics for 80212, CO
20,397
Population
10,870
Households
1.9
Avg Household Size
38
Median Age
64%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
5,666
Density / Sq Mi
$118,692
Median Household Income
$76,379
Median Earnings
$1,714
Median Rent
$705,300
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A detached two-story home pairs an open living area with a finished lower level and a detached garage.
Where is this residential income property located?
The property is located at 3316 Ames St Denver, CO.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: 2,742‑square‑foot home built in 2021; Finished basement with recreation room, bathroom, and bedroom; Kitchen features quartz countertops and a 13‑foot island
