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Duplex with Oversized Garage
For Sale
$730,000

3724 Mariposa Street, Denver, CO 80211

Two furnished-by-appliances units each include a bedroom, full bath, kitchen, living area, and combination washer-dryer.

Property Size1,260 SF
Price / SF$579.37
Days on Market107

Property Features for 3724 Mariposa Street

General Information

Standard status Active
Size 1,260 SF
Total Parking Spaces 2
Property subtype Duplex

Site & Location

Neighborhood Highland

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,202

Amenities

fenced backyard
back deck
combo washer/dryer

Building Details

Building Size 1,260 SF
Year Built 1891
Year Renovated 2015
Buildings 1
Listing Agency: eXp Realty, LLC
Listed By: The Apollo Group (Be One Realty)
Source: Apollogroup
Added: Jul 15 Changed: Oct 26 Last Checked: Oct 26 at 3:39PM

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 eXp Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

Configured as a duplex, the property contains two one-bedroom, one-bathroom units. Each floor has a kitchen with appliances, a living room, and a combination washer-dryer. The building measures 1,260 square feet and dates to 1891.

Improvements include a 2015 interior renovation, sewer line work, and construction of the detached garage. The roof was replaced in 2017, and Denver replaced the water lines along the street and from the street to the house in 2025. The upper unit has a 10 x 12 back deck, and both units share a fenced backyard.

Key Highlights

  • Two units, each with 1 bedroom and 1 bathroom
  • 1,260‑square‑foot property
  • Detached oversized two‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,939
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,780 $418.8K
Cap Rate 7%
$299,129 $299.1K
Cap Rate 9%
$232,656 $232.7K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$31.8K $25.20/SF
− Vacancy
−$1.8K −$1.46/SF
EGI
$29.9K $23.74/SF
− OpEx
−$9.0K −$7.12/SF
NOI
$20.9K $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%
$418,780
Cap Rate 7%
$299,129
Cap Rate 9%
$232,656

Alternative Uses

Best Use
Multifamily LT 5
$299.1K
$261.7K – $349.0K (±1% cap)
NOI $20,939 @ 7.0% cap · market cap 2.87%
Second Best
Apartment 5plus
$273.3K
$239.1K – $318.9K (±1% cap)
NOI $19,131 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$401.1K
$351.0K – $468.0K (±1% cap)
NOI $28,077 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,445
Businesses Nearby

Demographics for 80211, CO

37,940
Population
20,973
Households
1.8
Avg Household Size
34
Median Age
71%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,431
Density / Sq Mi
$117,685
Median Household Income
$78,573
Median Earnings
$1,931
Median Rent
$747,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two furnished-by-appliances units each include a bedroom, full bath, kitchen, living area, and combination washer-dryer.
Where is this duplex located?
The property is located at 3724 Mariposa Street Denver, CO.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 bathroom; 1,260‑square‑foot property; Detached oversized two‑car garage
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