Residential Income Property with
For Sale
$697,500
3594 Grape St 2, Denver, CO 80207
New-construction front residence with a finished basement, kitchenette, and flexible lock-off configuration.
Property Size1,917 SF
Days on Market128
Property Features for 3594 Grape St 2
General Information
Standard status
Active
Size
1,917 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$2,750
Building Details
Building Size
1,917 SF
Year Built
2026
Listing Agency:
Apex Real Estate Solutions Llc
Listed By:
Austin Peterson · License #100006643
(720) 495-3516
Source:
Corken
Added: Jun 5
Changed: Oct 7
Last Checked: Oct 10 at 1:33AM
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 Apex Real Estate Solutions Llc
Investment Insights
Based on property information with market context.
This front residence is part of a four-duplex development planned for an 18,200-square-foot lot under E-TU-B zoning. The property is scheduled for completion in 2026 and offers three bedrooms, 3.5 bathrooms, and nearly 2,000 square feet of living space. A finished basement with 9-foot ceilings, kitchenette, and lock-off arrangement adds flexibility for a guest suite or separate rental use.
The property is located at 3594 Grape St in Denver’s Park Hill neighborhood, with access to City Park, the Denver Zoo, the Denver Museum of Nature & Science, Stanley Marketplace, The Shops at Northfield, and York Street Yards. Downtown Denver, RiNo, and major commuting routes are also accessible from the location.
The property is located at 3594 Grape St in Denver’s Park Hill neighborhood, with access to City Park, the Denver Zoo, the Denver Museum of Nature & Science, Stanley Marketplace, The Shops at Northfield, and York Street Yards. Downtown Denver, RiNo, and major commuting routes are also accessible from the location.
Key Highlights
- Part of a four‑duplex development on an 18,200 sq ft lot
- E‑TU‑B zoning with anticipated completion in 2026
- 3 bedrooms and 3.5 bathrooms in nearly 2,000 sq ft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,107
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,140
$582.1K
Cap Rate 7%
$415,814
$415.8K
Cap Rate 9%
$323,411
$323.4K
Market Conditions
NOI Build-Up for 1,917 SF
Gross rent
$56.4K $29.40/SF
− Vacancy
−$3.4K −$1.79/SF
EGI
$52.9K $27.61/SF
− OpEx
−$23.8K −$12.42/SF
NOI
$29.1K $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%
$582,140
Cap Rate 7%
$415,814
Cap Rate 9%
$323,411
Alternative Uses
Best Use
Apartment 5plus
$415.8K
$363.8K – $485.1K
NOI $29,107 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$610.3K
$534.0K – $712.0K
NOI $42,718 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
728
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - New-construction front residence with a finished basement, kitchenette, and flexible lock-off configuration.
Where is this residential income property located?
The property is located at 3594 Grape St 2 Denver, CO.
What is the asking price?
The asking price for this property is $697,500.
What are key features of this property?
This property features: Part of a four‑duplex development on an 18,200 sq ft lot; E‑TU‑B zoning with anticipated completion in 2026; 3 bedrooms and 3.5 bathrooms in nearly 2,000 sq ft
