Modern Three-Level
For Sale
$1,325,000
4498 Utica St, Denver, CO 80212
Built in 2023 with rooftop mountain views, private outdoor space, and a two-car garage.
Property Size2,383 SF
Days on Market50
Property Features for 4498 Utica St
General Information
Standard status
Active
Size
2,383 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Furnished
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,796
Amenities
fireplace
private patio
grassy backyard
rooftop deck
wet bar
walk-in laundry room
storage loft
Building Details
Building Size
2,383 SF
Year Built
2023
Buildings
1
Stories
3
Listing Agency:
The Agency - Denver
Listed By:
The Blank and Bingham Team
(303) 521-5025
Source:
Corken
Added: Aug 26
Changed: Oct 11
Last Checked: Oct 13 at 3:27AM
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 The Agency - Denver
Investment Insights
Based on property information with market context.
This 2023 duplex features a three-level layout with an open main floor, 9-foot ceilings, hardwood flooring, a fireplace, and sliding glass doors opening to a private patio and grassy backyard. The kitchen includes a 13-foot island, quartz countertops, stainless steel appliances, a gas range, and custom tile details. The upper level adds a primary suite with a walk-in closet, double vanity, and walk-in shower, along with two additional bedrooms, a full bathroom, and a dedicated laundry room.
The top floor provides a flexible bonus room, wet bar, half bathroom, and access to a rooftop deck with mountain views. Additional improvements include a two-car garage with a storage loft. The property is one block from the shops and restaurants of Tennyson Street and may be purchased fully furnished.
The top floor provides a flexible bonus room, wet bar, half bathroom, and access to a rooftop deck with mountain views. Additional improvements include a two-car garage with a storage loft. The property is one block from the shops and restaurants of Tennyson Street and may be purchased fully furnished.
Key Highlights
- 2023 construction with a three‑level layout
- 13‑foot kitchen island with quartz countertops and stainless steel appliances
- Rooftop deck with mountain views, wet bar, and half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,602
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,040
$792.0K
Cap Rate 7%
$565,743
$565.7K
Cap Rate 9%
$440,022
$440.0K
Market Conditions
NOI Build-Up for 2,383 SF
Gross rent
$60.1K $25.20/SF
− Vacancy
−$3.5K −$1.46/SF
EGI
$56.6K $23.74/SF
− OpEx
−$17.0K −$7.12/SF
NOI
$39.6K $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 Rate 5%
$792,040
Cap Rate 7%
$565,743
Cap Rate 9%
$440,022
Alternative Uses
Best Use
Multifamily LT 5
$565.7K
$495.0K – $660.0K
NOI $39,602 @ 7.0% cap · market cap 2.99%
Second Best
Apartment 5plus
$516.9K
$452.3K – $603.1K
NOI $36,183 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$758.6K
$663.8K – $885.0K
NOI $53,102 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
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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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Built in 2023 with rooftop mountain views, private outdoor space, and a two-car garage.
Where is this duplex located?
The property is located at 4498 Utica 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: 2023 construction with a three‑level layout; 13‑foot kitchen island with quartz countertops and stainless steel appliances; Rooftop deck with mountain views, wet bar, and half bathroom
