Updated Downtown
For Sale
$510,000
Pending
427 E Washington Avenue, Hayden, CO 81639
Residential, Hayden, CO
Property Size1,430 SF
Lot Size0.16 Acres
Days on Market225
Property Features for 427 E Washington Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Pets allowed
Yes
Interior features
Open Floorplan, Pantry
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Washer / Dryer, Range, Oven
Subdivision
HAYDEN
View
Valley, City
Elementary school
Hayden
Middle school
Hayden
High school
Hayden
Standard status
Pending
APN
R6827780
Size
1,430 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2436
Utilities
Heating system
Baseboard, Hot Water(Heating), Natural Gas
Amenities
shared front porch
storage shed
flat backyard
Building Details
Year built
1990
Flooring type
Carpet - Full, Wood, Vinyl
Roof type
Metal
Buildings
1
Listing Agency:
Compass
Listed By:
Cheryl Foote · License #FA40001388
(970) 846-6444
Added: Mar 25
Changed: Nov 4
Last Checked: Nov 4 at 3:06PM
MLS# S1067707
Copyright © 2026 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,430-square-foot duplex includes two mirrored residences of approximately 715 square feet each. Both units offer two bedrooms, one bathroom, an open kitchen, dining, and living arrangement, along with pantry space. The property includes a shared front porch, storage shed, flat backyard, and off-street parking. Metal roofing and natural-gas baseboard heating serve the building.
Located on E Washington Avenue in downtown Hayden, the property is within walking distance of local dining, a gas station, and a liquor store. The Hayden school, Dry Creek Park, and Hayden airport are nearby, while downtown Steamboat and the ski resort are approximately a 30-minute drive away.
Siding, roofing, windows, and insulation were updated in 2020, and the heating system was replaced in 2025. The duplex is being offered in its entirety.
Located on E Washington Avenue in downtown Hayden, the property is within walking distance of local dining, a gas station, and a liquor store. The Hayden school, Dry Creek Park, and Hayden airport are nearby, while downtown Steamboat and the ski resort are approximately a 30-minute drive away.
Siding, roofing, windows, and insulation were updated in 2020, and the heating system was replaced in 2025. The duplex is being offered in its entirety.
Key Highlights
- 1,430‑square‑foot duplex with two mirrored units of approximately 715 square feet each
- Each unit includes 2 bedrooms, 1 bathroom, and an open kitchen, dining, and living layout
- Siding, roof, windows, and insulation replaced or upgraded in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,885
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,700
$577.7K
Cap Rate 7%
$412,643
$412.6K
Cap Rate 9%
$320,944
$320.9K
Market Conditions
NOI Build-Up for 1,430 SF
Gross rent
$43.8K $30.60/SF
− Vacancy
−$2.5K −$1.74/SF
EGI
$41.3K $28.86/SF
− OpEx
−$12.4K −$8.66/SF
NOI
$28.9K $20.20/SF
Area
Routt County, CO
Vacancy
5.70%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,700
Cap Rate 7%
$412,643
Cap Rate 9%
$320,944
Alternative Uses
Best Use
Multifamily LT 5
$412.6K
$361.1K – $481.4K
NOI $28,885 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$380.2K
$332.7K – $443.6K
NOI $26,615 @ 7.0% cap · market cap 5.22%
Theoretical Best
Warehouse
$571.9K
$500.5K – $667.3K
NOI $40,036 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
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Business Placement
Demographics for 81639, CO
2,498
Population
1,256
Households
2
Avg Household Size
38
Median Age
29%
College-Educated
96%
High-School Grad
464.4 sq mi
ZIP Area
5
Density / Sq Mi
$106,429
Median Household Income
$53,421
Median Earnings
$1,680
Median Rent
$415,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two mirrored residences provide flexible living arrangements with private kitchens, bedrooms, bathrooms, and shared outdoor features.
Where is this duplex located?
The property is located at 427 E Washington Avenue Hayden, CO.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 1,430‑square‑foot duplex with two mirrored units of approximately 715 square feet each; Each unit includes 2 bedrooms, 1 bathroom, and an open kitchen, dining, and living layout; Siding, roof, windows, and insulation replaced or upgraded in 2020
