Duplex with Rooftop
For Sale
$1,325,000
4477 N Vrain St, Denver, CO 80212
Four-bedroom residence with finished basement, landscaped backyard, and an oversized garage featuring EV charging capability.
Property Size3,329 SF
Days on Market177
Property Features for 4477 N Vrain St
General Information
Standard status
Active
Size
3,329 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,320
Amenities
private rooftop deck
landscaped backyard
Level 2 EV car charger outlet
Building Details
Building Size
3,329 SF
Year Built
2015
Listing Agency:
8z Real Estate
(970) 769-7048
Listed By:
Stephen Berg · License #100077985
(970) 769-7048
Source:
Corken
Added: Mar 5
Changed: Aug 29
Last Checked: Aug 29 at 1:29PM
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 8z Real Estate
Investment Insights
Based on property information with market context.
This 2015 duplex offers a four-bedroom layout with open-concept main-level living, recently refinished hardwood floors, modern finishes, and a kitchen centered around a quartz island. Sliding doors connect the interior to a landscaped backyard with Lilac trees. The upper-level primary suite includes a five-piece ensuite bathroom and an oversized walk-in closet fitted with a custom organization system. A finished basement provides two additional bedrooms and a family room, adding flexible space for guests or office use.
Outdoor features include a private rooftop deck with west-facing Mountain Views. The oversized two-car garage includes a Level 2 EV car charger outlet and a substantial attic storage loft. The property is located in Berkeley, a short distance from the shops and restaurants along Tennyson Street, with access to downtown Denver, Boulder, and the mountains.
Outdoor features include a private rooftop deck with west-facing Mountain Views. The oversized two-car garage includes a Level 2 EV car charger outlet and a substantial attic storage loft. The property is located in Berkeley, a short distance from the shops and restaurants along Tennyson Street, with access to downtown Denver, Boulder, and the mountains.
Key Highlights
- Four‑bedroom duplex with finished basement and two additional bedrooms
- Open‑concept main level with quartz kitchen island and sliding‑door backyard access
- Primary suite with five‑piece ensuite bath and custom walk‑in closet system
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
$55,323
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
4.18%
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%
$1,106,460
$1.1M
Cap Rate 7%
$790,329
$790.3K
Cap Rate 9%
$614,700
$614.7K
Market Conditions
NOI Build-Up for 3,329 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
$83.9K $25.20/SF
− Vacancy
−$4.9K −$1.46/SF
EGI
$79.0K $23.74/SF
− OpEx
−$23.7K −$7.12/SF
NOI
$55.3K $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%
$1,106,460
Cap Rate 7%
$790,329
Cap Rate 9%
$614,700
Alternative Uses
Best Use
Multifamily LT 5
$790.3K
$691.5K – $922.1K
NOI $55,323 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$722.1K
$631.8K – $842.4K
NOI $50,546 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$1.06M
$927.3K – $1.24M
NOI $74,182 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,379
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Four-bedroom residence with finished basement, landscaped backyard, and an oversized garage featuring EV charging capability.
Where is this duplex located?
The property is located at 4477 N Vrain St Denver, CO.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Four‑bedroom duplex with finished basement and two additional bedrooms; Open‑concept main level with quartz kitchen island and sliding‑door backyard access; Primary suite with five‑piece ensuite bath and custom walk‑in closet system
