Residential Income Property with Rooftop
For Sale
$1,375,000
3880 Vrain St, Denver, CO 80212
A rooftop entertaining area includes a wet bar, powder room, and deck with mountain views.
Property Size3,230 SF
Days on Market8
Property Features for 3880 Vrain St
General Information
Standard status
Active
Size
3,230 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,207
Amenities
hardwood floors
chef's kitchen
pergola
rooftop deck
wet bar
soaking tub
second laundry
Building Details
Building Size
3,230 SF
Year Built
2015
Stories
4
Listing Agency:
Compass - Denver
Listed By:
Jennifer Apel · License #40003516
(303) 570-9690
Source:
Corken
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 21 at 4:28AM
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 Compass - Denver
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Investment Insights
Based on property information with market context.
This four-level residence, built in 2015, offers more than 3,200 finished square feet, with four bedrooms and five bathrooms. The main living areas connect around an open kitchen with black quartz counters, double ovens, and two islands. Hardwood floors and floating stairs add to the interior finishes. Outdoor spaces include a rear pergola, a private deck off the primary suite, and a rooftop deck with mountain views, wet bar, and powder room. The finished basement adds a second living area, another wet bar, a bedroom, a bathroom, and a second laundry area. A detached two-car garage completes the property.
Tennyson Street is within walking distance, with coffee shops, restaurants, and boutiques along the corridor. The residence is located at 3880 Vrain St in Denver, Colorado.
Tennyson Street is within walking distance, with coffee shops, restaurants, and boutiques along the corridor. The residence is located at 3880 Vrain St in Denver, Colorado.
Key Highlights
- More than 3,200 finished SF across 4 levels
- Four bedrooms and five bathrooms
- Rooftop deck with mountain views, wet bar, and powder bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,043
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$980,860
$980.9K
Cap Rate 7%
$700,614
$700.6K
Cap Rate 9%
$544,922
$544.9K
Market Conditions
NOI Build-Up for 3,230 SF
Gross rent
$95.0K $29.40/SF
− Vacancy
−$5.8K −$1.79/SF
EGI
$89.2K $27.61/SF
− OpEx
−$40.1K −$12.42/SF
NOI
$49.0K $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%
$980,860
Cap Rate 7%
$700,614
Cap Rate 9%
$544,922
Alternative Uses
Best Use
Apartment 5plus
$700.6K
$613.0K – $817.4K
NOI $49,043 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$899.7K – $1.20M
NOI $71,976 @ 7.0% cap · market cap 5.23%
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
1,565
Businesses Nearby
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Business Placement
Demographics for 80212, CO
20,397
Population
10,870
Households
1.9
Avg Household Size
38
Median Age
64%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
5,666
Density / Sq Mi
$118,692
Median Household Income
$76,379
Median Earnings
$1,714
Median Rent
$705,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A rooftop entertaining area includes a wet bar, powder room, and deck with mountain views.
Where is this residential income property located?
The property is located at 3880 Vrain St Denver, CO.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: More than 3,200 finished SF across 4 levels; Four bedrooms and five bathrooms; Rooftop deck with mountain views, wet bar, and powder bath
