Contemporary Duplex with Rooftop
New
For Sale
$1,395,000
4257 N Raleigh St, Denver, CO 80212
Four-level property with upscale finishes, multiple outdoor spaces, and an insulated detached garage.
Property Size3,291 SF
Price / SF$435.94
Days on Market2
Property Features for 4257 N Raleigh St
General Information
Standard status
Active
Size
3,291 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,483
Amenities
gas fireplace
private patio
rooftop deck
alarm system
surround sound
Building Details
Building Size
3,291 SF
Year Built
2021
Buildings
1
Stories
4
Listing Agency:
LIV Sotheby's International Realty
Listed By:
Jake Mackensen
(469) 999-1402
Source:
Corken
Added: Sep 6
Last Checked: Sep 7 at 8:03AM
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 LIV Sotheby's International Realty
Investment Insights
Based on property information with market context.
Built in 2021, this contemporary duplex spans four finished levels with more than 3,200 square feet, four bedrooms, and five bathrooms. The main level combines an open kitchen, dining area, and living room, with the kitchen featuring an oversized quartz island, Thermador and Bosch stainless steel appliances, extensive cabinetry, and a full-height backsplash. A gas fireplace, sliding doors, patio, and fenced backyard add to the central living space.
The upper levels include a primary suite with a private deck, dual-vanity bathroom, and 14' x 6' walk-in closet, along with two additional bedrooms and a laundry room. A third-floor loft offers a wet bar, beverage refrigerator, powder room, and access to the rooftop deck. The finished lower level includes a recreation room with surround sound, guest bedroom, and full bathroom. Upgraded flooring, lighting, fixtures, window treatments, an alarm system, and an insulated detached two-car garage complete the property.
The upper levels include a primary suite with a private deck, dual-vanity bathroom, and 14' x 6' walk-in closet, along with two additional bedrooms and a laundry room. A third-floor loft offers a wet bar, beverage refrigerator, powder room, and access to the rooftop deck. The finished lower level includes a recreation room with surround sound, guest bedroom, and full bathroom. Upgraded flooring, lighting, fixtures, window treatments, an alarm system, and an insulated detached two-car garage complete the property.
Key Highlights
- More than 3,200 finished square feet across four levels
- Four bedrooms and five bathrooms
- Third‑floor loft with wet bar, beverage refrigerator, powder bathroom, and rooftop deck access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$53,180
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,063,600
$1.1M
Cap Rate 7%
$759,714
$759.7K
Cap Rate 9%
$590,889
$590.9K
Market Conditions
NOI Build-Up for 3,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$80.6K $25.20/SF
− Vacancy
−$4.7K −$1.46/SF
EGI
$76.0K $23.74/SF
− OpEx
−$22.8K −$7.12/SF
NOI
$53.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,063,600
Cap Rate 7%
$759,714
Cap Rate 9%
$590,889
Alternative Uses
Best Use
Multifamily LT 5
$759.7K
$664.8K – $886.3K
NOI $53,180 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$694.1K
$607.4K – $809.8K
NOI $48,588 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$1.02M
$891.3K – $1.19M
NOI $71,307 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,533
Businesses Nearby
Explore this area
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
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 - Four-level property with upscale finishes, multiple outdoor spaces, and an insulated detached garage.
Where is this duplex located?
The property is located at 4257 N Raleigh St Denver, CO.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: More than 3,200 finished square feet across four levels; Four bedrooms and five bathrooms; Third‑floor loft with wet bar, beverage refrigerator, powder bathroom, and rooftop deck access
