Brick Duplex With Detached
For Sale
$1,100,000
4363 Osceola St, Denver, CO 80212
Two residential units with hardwood floors, outdoor areas, and central air improvements underway.
Property Size3,600 SF
Days on Market8
Property Features for 4363 Osceola St
General Information
Standard status
Active
Size
3,600 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,084
Amenities
outdoor spaces
Building Details
Building Size
3,600 SF
Year Built
1958
Construction
brick
Listing Agency:
Milehiproperty
Listed By:
Bob Bell
(720) 201-9192
Source:
Corken
Added: Sep 20
Changed: Sep 25
Last Checked: Sep 26 at 2:07PM
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 Milehiproperty
Investment Insights
Based on property information with market context.
Built in 1958, this brick duplex contains two separate residences: one with three bedrooms and one bathroom, and another with two bedrooms and one bathroom. Unit 4361 also includes a 1,120-square-foot basement. Hardwood floors and outdoor areas add to the existing physical improvements, while a detached garage provides enclosed parking for two vehicles.
Central air and a furnace have been added to Unit 4361, with installation planned for Unit 4363. The property is in Denver’s Berkeley neighborhood, with Tennyson Street, Berkeley Park, Rocky Mountain Lake Park, I-70, and the Highlands located nearby.
Central air and a furnace have been added to Unit 4361, with installation planned for Unit 4363. The property is in Denver’s Berkeley neighborhood, with Tennyson Street, Berkeley Park, Rocky Mountain Lake Park, I-70, and the Highlands located nearby.
Key Highlights
- Two‑unit duplex with a 3‑bedroom, 1‑bath unit and a 2‑bedroom, 1‑bath unit
- Unit 4361 includes a 1,120‑square‑foot basement
- Detached 2‑car garage
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
$59,827
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
5.44%
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%
$1,196,540
$1.2M
Cap Rate 7%
$854,671
$854.7K
Cap Rate 9%
$664,744
$664.7K
Market Conditions
NOI Build-Up for 3,600 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
$90.7K $25.20/SF
− Vacancy
−$5.3K −$1.46/SF
EGI
$85.5K $23.74/SF
− OpEx
−$25.6K −$7.12/SF
NOI
$59.8K $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%
$1,196,540
Cap Rate 7%
$854,671
Cap Rate 9%
$664,744
Alternative Uses
Best Use
Multifamily LT 5
$854.7K
$747.8K – $997.1K
NOI $59,827 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$780.9K
$683.3K – $911.0K
NOI $54,661 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,221 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,326
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units with hardwood floors, outdoor areas, and central air improvements underway.
Where is this duplex located?
The property is located at 4363 Osceola St Denver, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑unit duplex with a 3‑bedroom, 1‑bath unit and a 2‑bedroom, 1‑bath unit; Unit 4361 includes a 1,120‑square‑foot basement; Detached 2‑car garage
