Remodeled Half-Duplex
For Sale
$289,900
3709 Salida Ct, Evans, CO 80620
Custom kitchen finishes, an enclosed patio, and HOA-maintained landscaping support a low-maintenance residential setup.
Property Size1,190 SF
Price / SF$243.61
Days on Market181
Property Features for 3709 Salida Ct
General Information
Standard status
Active
Size
1,190 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,932
Amenities
private back patio
laundry room
Building Details
Building Size
1,190 SF
Year Built
2005
Stories
2
Listing Agency:
Addison & Maxwell
Listed By:
Shelle Pennington
(303) 667-3335
Source:
Northstar
Added: May 8
Changed: Oct 30
Last Checked: Nov 3 at 8:36AM
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 Addison & Maxwell
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Investment Insights
Based on property information with market context.
This half-duplex residence in Evans was built in 2005 and remodeled with updated finishes throughout. The main level includes a kitchen with birch butcher-block counters, white hex tile, floating shelves, LG appliances, and expanded pantry storage. Upstairs are a primary suite with dual closets and two additional bedrooms. The full bathroom has a custom walnut vanity, while the laundry room includes a full-size washer and dryer, folding counter, and storage. A private rear patio and oversized two-car garage with shelving and a workbench round out the property.
The furnace, air conditioning, and water heater have been updated; the roof is approximately five years old. HOA-maintained landscaping and sprinklers are also included.
The furnace, air conditioning, and water heater have been updated; the roof is approximately five years old. HOA-maintained landscaping and sprinklers are also included.
Key Highlights
- Half‑duplex residence in Evans, built in 2005
- Three bedrooms, including a primary suite with dual closets
- Oversized two‑car garage with built‑in shelving and a workbench
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,577
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,540
$251.5K
Cap Rate 7%
$179,671
$179.7K
Cap Rate 9%
$139,744
$139.7K
Market Conditions
NOI Build-Up for 1,190 SF
Gross rent
$24.3K $20.40/SF
− Vacancy
−$1.4K −$1.18/SF
EGI
$22.9K $19.22/SF
− OpEx
−$10.3K −$8.65/SF
NOI
$12.6K $10.57/SF
Area
Weld County, CO
Vacancy
5.80%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,540
Cap Rate 7%
$179,671
Cap Rate 9%
$139,744
Alternative Uses
Best Use
Apartment 5plus
$179.7K
$157.2K – $209.6K
NOI $12,577 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$216.9K
$189.8K – $253.0K
NOI $15,181 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
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Business Placement
Demographics for 80620, CO
20,975
Population
6,794
Households
3.1
Avg Household Size
30
Median Age
20%
College-Educated
81%
High-School Grad
5.9 sq mi
ZIP Area
3,555
Density / Sq Mi
$71,410
Median Household Income
$40,446
Median Earnings
$1,463
Median Rent
$315,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Custom kitchen finishes, an enclosed patio, and HOA-maintained landscaping support a low-maintenance residential setup.
Where is this residential income property located?
The property is located at 3709 Salida Ct Evans, CO.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Half‑duplex residence in Evans, built in 2005; Three bedrooms, including a primary suite with dual closets; Oversized two‑car garage with built‑in shelving and a workbench
