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    427 E Washington Avenue Hayden, CO 81639

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    Claim this Listing
    For Sale
    $520,000

    MULTI_FAMILY - Hayden, CO

    Property size:
    1,430 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $363/SF
    Added:
    Mar 25, 2026
    Days on Market:
    44
    Last Refresh:
    May 7 at 9:06 pm

    Property Features for 427 E Washington Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2
    Pets allowed
    Yes
    Interior features
    Open Floorplan, Pantry
    Appliances
    Dishwasher, Disposal, Microwave, Refrigerator, Washer / Dryer, Range, Oven
    Standard status
    Active
    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, Natural Gas, Hot Water(Heating)

    Building Details

    Year built
    1990
    Flooring type
    Wood, Vinyl, Carpet - Full
    Roof type
    Metal

    We can help!

    Listing Contact
    Cheryl Foote
    Cheryl Foote

    Listing agent Cheryl Foote License #40001388

    Listing office Compass 941 Lincoln Ave, Ste 100G, Breckenridge, CO

    Listing date Mar 25, 2026

    MLS# S1067707 Listing URL

    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.

    HighLights

    • Duplex offers multiple housing options: rent both units, live in one and rent the other, or use for multi‑generational living.
    • Recent updates include new siding, roof, windows, insulation (2020), and heating system (2025).
    • Convenient downtown Hayden location with easy access to restaurants, shops, and the community hub.
    • Each unit features an open floor plan with two bedrooms and one bathroom.
    • Includes shared front porch, storage shed, flat backyard, and ample off‑street parking.
    • Close proximity to the new K‑12 school, Dry Creek Park, Hayden Airport, and a 30‑minute drive to Steamboat Springs.

    Overview

    Downtown Hayden Duplex Opportunity

    Located in downtown Hayden, this duplex offers various housing possibilities. It can be used to rent both units to long-term tenants, for an owner to live in one unit while renting the other, or for family living. Each side of the duplex has approximately 715 square feet, featuring two bedrooms and a bathroom in a mirrored layout. Both units include an open floor plan where the kitchen connects to the dining and living spaces. The property includes a shared front porch, storage shed, flat backyard, and off-street parking. Recent updates include siding, roof, windows, and additional insulation added in 2020, with the heating system replaced in 2025. The property is located near Francoisi Brothers Tap & Table, a gas station, and a liquor store. It is also close to the Granary, the Wild Goose Coffee Shop, and the Hayden Tap House, as well as the new K-12 school, Dry Creek Park, and the Hayden Airport. Downtown Steamboat and the ski resort are a 30-minute drive away. The property is situated on a 0.16-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Gym & Fitness Center Food Market Cafe & Coffee Shop Car Rental Facility Dental Office (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hayden
    County
    Routt
    State
    Colorado
    Longitude
    -107.252745
    Latitude
    40.495129

    Nearby Similar for Sale

    • $8,000,000

      Turnkey Industrial Headquarters in Hayden

      29,000 SF industrial facility on 10.89 acres for sale.
      1545 W JEFFERSON AVENUE, Hayden, CO 81639
      View Details
    • $1,500,000
      5,484 SF

      Liquor Store Business and Real Estate

      Turn-key liquor store with real estate in growing community.
      106 E Jefferson Ave, Hayden, CO 81639
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in downtown Hayden with multiple rental or living options.
    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 $520,000.
    What are key features of this property?
    This property features: Duplex offers multiple housing options: rent both units, live in one and rent the other, or use for multi‑generational living.; Recent updates include **new siding, roof, windows, insulation (2020), and heating system (2025).**; Convenient downtown Hayden location with easy access to restaurants, shops, and the community hub.
    (970) 925-6063
    We can help!
    Listing Contact
    Cheryl Foote
    Cheryl Foote
    Real Estate License ID: 40001388
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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