Updated Brick
For Sale
$459,000
3641 Forest, Denver, CO 80207
Classic architectural details pair with remodeled kitchen and bathrooms across the main level and finished basement.
Property Size2,080 SF
Days on Market51
Property Features for 3641 Forest
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,000
Building Details
Building Size
2,080 SF
Year Built
1955
Construction
brick
Listing Agency:
Parkview Real Estate
Listed By:
Donavon Paschall
(303) 884-1176
Source:
Corken
Added: Aug 22
Changed: Oct 6
Last Checked: Oct 10 at 12:32AM
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 Parkview Real Estate
Investment Insights
Based on property information with market context.
Built in 1955, this all-brick duplex retains original character while incorporating updated interior finishes. The main level features an open arrangement with hardwood floors, arched openings, coved ceilings, corner windows, two bedrooms, and a renovated bathroom. The kitchen includes espresso shaker cabinetry, quartz counters, stainless steel appliances, a gas range, subway tile backsplash, breakfast bar seating, and a breakfast nook facing the backyard.
The finished basement adds a family room, large laundry room, two more bedrooms, and a second updated full bathroom. Outdoor features include a covered patio, 6-foot privacy fence, and garden beds. The property is located at 3641 Forest in Denver, Colorado 80207.
The finished basement adds a family room, large laundry room, two more bedrooms, and a second updated full bathroom. Outdoor features include a covered patio, 6-foot privacy fence, and garden beds. The property is located at 3641 Forest in Denver, Colorado 80207.
Key Highlights
- All‑brick duplex built in 1955
- Finished basement with family room, laundry room, two bedrooms, and full bathroom
- Remodeled kitchen with quartz counters, stainless appliances, gas range, and breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,567
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,340
$691.3K
Cap Rate 7%
$493,814
$493.8K
Cap Rate 9%
$384,078
$384.1K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$52.4K $25.20/SF
− Vacancy
−$3.0K −$1.46/SF
EGI
$49.4K $23.74/SF
− OpEx
−$14.8K −$7.12/SF
NOI
$34.6K $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%
$691,340
Cap Rate 7%
$493,814
Cap Rate 9%
$384,078
Alternative Uses
Best Use
Multifamily LT 5
$493.8K
$432.1K – $576.1K
NOI $34,567 @ 7.0% cap · market cap 7.53%
Second Best
Apartment 5plus
$451.2K
$394.8K – $526.4K
NOI $31,582 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$662.1K
$579.4K – $772.5K
NOI $46,350 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
721
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Classic architectural details pair with remodeled kitchen and bathrooms across the main level and finished basement.
Where is this duplex located?
The property is located at 3641 Forest Denver, CO.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: All‑brick duplex built in 1955; Finished basement with family room, laundry room, two bedrooms, and full bathroom; Remodeled kitchen with quartz counters, stainless appliances, gas range, and breakfast bar
