Updated Side-by-Side
For Sale
$384,800
3501 Holly St, Denver, CO 80207
Two remodeled units offer private entrances, in-unit laundry, separate utilities, and shared garage parking.
Property Size850 SF
Days on Market181
Property Features for 3501 Holly St
General Information
Standard status
Active
Size
850 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,410
Amenities
in-unit laundry
detached garage
fenced yard
private yard
Building Details
Building Size
850 SF
Year Built
1954
Buildings
1
Stories
1
Construction
brick
Listing Agency:
MB Pezzuti \u0026 Associates
Listed By:
John Pezzuti · License #3922836
(303) 246-5009
Source:
Corken
Added: Apr 21
Changed: Oct 17
Last Checked: Oct 16 at 2:54PM
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 MB Pezzuti \u0026 Associates
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Investment Insights
Based on property information with market context.
Built in 1954, this side-by-side duplex contains two independent residences, each with 2 bedrooms, 1 full bathroom, and a single-level floor plan. Both homes have been remodeled with open living areas, quartz kitchen counters, tile backsplashes, stainless steel appliances, and a combination of laminate and tile flooring. Private exterior entrances and dedicated laundry rooms serve each unit.
Separate gas and electric meters provide distinct utility service for the residences. The shared detached garage contains two parking spaces, with one assigned to each unit. The level, fully fenced lot includes a private yard serving 3505 Holly Street. Across from Skyland Park and the Hiawatha Davis Jr. Recreation Center, the property is also near public transportation and neighborhood amenities. A Walk Score of 72 reflects the surrounding area's pedestrian accessibility.
Separate gas and electric meters provide distinct utility service for the residences. The shared detached garage contains two parking spaces, with one assigned to each unit. The level, fully fenced lot includes a private yard serving 3505 Holly Street. Across from Skyland Park and the Hiawatha Davis Jr. Recreation Center, the property is also near public transportation and neighborhood amenities. A Walk Score of 72 reflects the surrounding area's pedestrian accessibility.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bathroom per residence
- Remodeled interiors feature quartz countertops, tile backsplashes, and stainless steel appliances
- Each unit includes a private exterior entrance and in‑unit laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,126
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,520
$282.5K
Cap Rate 7%
$201,800
$201.8K
Cap Rate 9%
$156,956
$157.0K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$21.4K $25.20/SF
− Vacancy
−$1.2K −$1.46/SF
EGI
$20.2K $23.74/SF
− OpEx
−$6.1K −$7.12/SF
NOI
$14.1K $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%
$282,520
Cap Rate 7%
$201,800
Cap Rate 9%
$156,956
Alternative Uses
Best Use
Multifamily LT 5
$201.8K
$176.6K – $235.4K
NOI $14,126 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$184.4K
$161.3K – $215.1K
NOI $12,906 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$270.6K
$236.8K – $315.7K
NOI $18,941 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
Explore this area
Business Placement
Demographics for 80207, CO
21,170
Population
9,291
Households
2.3
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,428
Density / Sq Mi
$112,325
Median Household Income
$71,163
Median Earnings
$1,819
Median Rent
$661,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two remodeled units offer private entrances, in-unit laundry, separate utilities, and shared garage parking.
Where is this duplex located?
The property is located at 3501 Holly St Denver, CO.
What is the asking price?
The asking price for this property is $384,800.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bathroom per residence; Remodeled interiors feature quartz countertops, tile backsplashes, and stainless steel appliances; Each unit includes a private exterior entrance and in‑unit laundry room
