Duplex with Open Floor
For Sale
$510,000
427 E Washington Avenue, Hayden, CO 81639
MULTI_FAMILY - Hayden, CO
Property Size1,430 SF
Lot Size0.16 Acres
Price / SF$356.64
Days on Market135
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
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3
Pets allowed
Yes
Interior features
Open Floorplan, Pantry
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Washer / Dryer, Range, Oven
Subdivision
HAYDEN
View
City, Valley
Elementary school
Hayden
Middle school
Hayden
High school
Hayden
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
Hot Water(Heating), Baseboard, Natural Gas
Amenities
shared front porch
storage shed
flat backyard
Building Details
Year built
1990
Flooring type
Wood, Carpet - Full, Vinyl
Roof type
Metal
Listing Agency:
Compass
(970) 846-6444
Listed By:
Cheryl Foote · License #40001388
(970) 925-6063
Added: Mar 25
Changed: Aug 4
Last Checked: Aug 6 at 4:06AM
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.
Investment Insights
Based on property information with market context.
Located in downtown Hayden on a quiet side street, this quaint duplex sits on a 0.16-acre lot and offers multiple ways to use the property. The duplex is sold in its entirety and features two mirror units, each with an open floor plan where the kitchen flows into the dining and living spaces. Each side includes two bedrooms and a bathroom.
Both units feature recent updates, including replaced siding, roof, and windows, along with additional insulation added in 2020. The heating system was replaced in 2025. The home includes natural gas, hot water (baseboard) heating, a metal roof, a shared front porch, a storage shed, a flat backyard, and plenty of off-street parking. Interior features include an open floorplan and pantry.
Appliances include a dishwasher, disposal, microwave, refrigerator, washer/dryer, range, and oven. Built in 1990, the property is within a short distance of local spots including Francoisi Brothers Tap & Table and the Granary, plus nearby access to the K-12 school, Dry Creek Park, and the Hayden airport.
Both units feature recent updates, including replaced siding, roof, and windows, along with additional insulation added in 2020. The heating system was replaced in 2025. The home includes natural gas, hot water (baseboard) heating, a metal roof, a shared front porch, a storage shed, a flat backyard, and plenty of off-street parking. Interior features include an open floorplan and pantry.
Appliances include a dishwasher, disposal, microwave, refrigerator, washer/dryer, range, and oven. Built in 1990, the property is within a short distance of local spots including Francoisi Brothers Tap & Table and the Granary, plus nearby access to the K-12 school, Dry Creek Park, and the Hayden airport.
Key Highlights
- Two mirror duplex units, each approximately 715 SF with two bedrooms and a bathroom
- Recent exterior updates including replaced siding, roof, and windows plus additional insulation added in 2020
- Heating system replaced in 2025
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.8k | $30.60 |
| − Vacancy | −$2.5k | −$1.74 |
| EGI | $41.3k | $28.86 |
| − OpEx | −$12.4k | −$8.66 |
| NOI | $28.9k | $20.20 |
1,430 SF · lease $30.60/SF/yr · vacancy 5.70% · expense 30.00%
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.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Quaint downtown Hayden duplex with two mirror units and off-street parking, each updated with siding, roof, and windows.
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: Two mirror duplex units, each approximately 715 SF with two bedrooms and a bathroom; Recent exterior updates including replaced siding, roof, and windows plus additional insulation added in 2020; Heating system replaced in 2025
