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Contemporary Duplex with Rooftop Patio
For Sale
$1,495,000

3828 Kalamath St, Denver, CO 80211

Modern architecture pairs with indoor-outdoor entertaining areas and a finished basement.

Property Size3,584 SF
Price / SF$417.13
Days on Market226

Property Features for 3828 Kalamath St

General Information

Standard status Active
Size 3,584 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,981

Amenities

outdoor kitchen
media room
wet bar
exercise room
rooftop patio
dog run

Building Details

Building Size 3,584 SF
Year Built 2021
Buildings 1
Construction contemporary
Listing Agency: Vision Real Estate Llc
Listed By: Geoffrey Stell · License #FA100079863
Source: Corken
Added: Mar 4 Changed: Oct 3 Last Checked: Oct 15 at 8:08AM

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 Vision Real Estate Llc

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Investment Insights

Based on property information with market context.

Built in 2021, this contemporary duplex in Denver’s Sunnyside neighborhood offers 2,624 square feet above grade and 3,584 finished square feet overall. The interior includes a chef’s kitchen with a hidden walk-in pantry, 13-foot island, 36-inch Thermador gas range, flat-panel cabinetry, and quartz waterfall countertops. An overhead glass garage door connects the living area to a stained and stamped concrete patio with an outdoor kitchen.

The primary suite features a five-piece bathroom, custom walk-in closet, and covered private deck. Additional amenities include second-floor laundry, a finished basement with media room, projector, 125-inch screen, wet bar, beverage fridge, wine area, exercise room, fourth bedroom, and full bathroom. The upper level adds a wet bar with dishwasher and beverage fridge, plus a half-height overhead garage door opening to a rooftop patio with city views.

Key Highlights

  • 2021‑built contemporary duplex in Denver’s Sunnyside neighborhood
  • 2,624 SF above grade and 3,584 finished SF total
  • Chef’s kitchen with 13' island and 36" Thermador gas range

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,561
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,191,220 $1.2M
Cap Rate 7%
$850,871 $850.9K
Cap Rate 9%
$661,789 $661.8K
Market Conditions
NOI Build-Up for 3,584 SF
Gross rent
$90.3K $25.20/SF
− Vacancy
−$5.2K −$1.46/SF
EGI
$85.1K $23.74/SF
− OpEx
−$25.5K −$7.12/SF
NOI
$59.6K $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%
$1,191,220
Cap Rate 7%
$850,871
Cap Rate 9%
$661,789

Alternative Uses

Best Use
Multifamily LT 5
$850.9K
$744.5K – $992.7K (±1% cap)
NOI $59,561 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$777.4K
$680.2K – $907.0K (±1% cap)
NOI $54,418 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$1.14M
$998.3K – $1.33M (±1% cap)
NOI $79,864 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Nail Salon (Bike/Boat/Book/etc) Store Pharmacy Computer & Electronic Repair Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,240
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 - Modern architecture pairs with indoor-outdoor entertaining areas and a finished basement.
Where is this duplex located?
The property is located at 3828 Kalamath St Denver, CO.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 2021‑built contemporary duplex in Denver’s Sunnyside neighborhood; 2,624 SF above grade and 3,584 finished SF total; Chef’s kitchen with 13' island and 36" Thermador gas range
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