Updated Duplex with Outdoor
New
For Sale
$1,275,000
4436 Utica St, Denver, CO 80212
Modern finishes, multiple patios, and flexible upper-level space define this well-maintained Denver property.
Property Size2,439 SF
Days on Market4
Property Features for 4436 Utica St
General Information
Standard status
Active
Size
2,439 SF
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$6,899
Amenities
gas fireplace
stainless steel appliances
double oven
low maintenance patios
water feature
two large decks
lush gardens
Building Details
Building Size
2,439 SF
Year Built
2016
Stories
3
Listing Agency:
Red Chair Realty Advisors LLC
Listed By:
Rick Flanagan
(303) 761-3531
Source:
Corken
Added: Sep 12
Last Checked: Sep 15 at 8:22AM
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 Red Chair Realty Advisors LLC
Investment Insights
Based on property information with market context.
This 2016-built duplex features modern interior finishes, white oak plank flooring, upgraded lighting, stainless steel appliances, a double oven, and a gas fireplace. The home includes high ceilings, a primary suite with custom closet space and a five-piece en-suite, two additional bedrooms, another full bath, and a large laundry area. A bonus level provides adaptable space for an office, media room, or exercise area, along with two decks and mountain views.
Outdoor features include five living areas, low-maintenance patios, landscaped gardens, and a water feature. The property is located at 4436 Utica St in Denver, one block from Berkeley Park and one block from Tennyson Street.
Outdoor features include five living areas, low-maintenance patios, landscaped gardens, and a water feature. The property is located at 4436 Utica St in Denver, one block from Berkeley Park and one block from Tennyson Street.
Key Highlights
- 2016‑built duplex with modern interior finishes
- White oak plank flooring and upgraded lighting package
- Stainless steel appliances with double oven
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
$40,533
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
3.18%
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%
$810,660
$810.7K
Cap Rate 7%
$579,043
$579.0K
Cap Rate 9%
$450,367
$450.4K
Market Conditions
NOI Build-Up for 2,439 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
$61.5K $25.20/SF
− Vacancy
−$3.6K −$1.46/SF
EGI
$57.9K $23.74/SF
− OpEx
−$17.4K −$7.12/SF
NOI
$40.5K $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%
$810,660
Cap Rate 7%
$579,043
Cap Rate 9%
$450,367
Alternative Uses
Best Use
Multifamily LT 5
$579.0K
$506.7K – $675.6K
NOI $40,533 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$529.0K
$462.9K – $617.2K
NOI $37,033 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$776.4K
$679.4K – $905.8K
NOI $54,350 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,437
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
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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 - Modern finishes, multiple patios, and flexible upper-level space define this well-maintained Denver property.
Where is this duplex located?
The property is located at 4436 Utica St Denver, CO.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 2016‑built duplex with modern interior finishes; White oak plank flooring and upgraded lighting package; Stainless steel appliances with double oven
