Modern Three-Level Duplex with Tandem
4650-4656 W 9th Avenue Denver, CO 80204
New
4650-4656 W 9th Avenue, Denver, CO, 80204
$1,570,000
For Sale
$1,570,000
Light-filled three-level layout with attached tandem garage, private balcony, and an unfinished garden level with possible expansion.
Property Size4,200 SF
Price / SF$373.81
Days on Market5
Property Features for 4650-4656 W 9th Avenue
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2025
Listing agency
MODUS Real Estate
(720) 560-9312
Listed by
Garrett Beserra · License #100071483
(720) 560-9312
Source
Exitrealty
Added: Jul 17 Updated: Jul 21 at 1:19AM Checked: Jul 21 at 5:29AM
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 MODUS Real Estate
Investment Insights
Based on property information with market context.
Modern, light-filled duplex with a flexible three-level layout, an attached tandem garage, and multiple indoor-outdoor conveniences. The main level is designed for entertaining and includes an oversized kitchen island, stainless steel appliances with a gas range, a full pantry, dedicated dining space, and a spacious great room. A powder bath and private balcony add everyday comfort. Upstairs features a primary suite with walk-in closet and private bath, plus two additional bedrooms, a full bath, and a dedicated laundry room. The garden level is unfinished and offers value-add potential; an optional build-out could add a recreation room, fourth bedroom, and bathroom, with direct access to a patio and a fenced backyard.
The property is located near Sloan’s Lake, downtown Denver, Sixth Avenue, and the RTD W Line at Perry and Knox stations. Nearby destinations include Alamo Drafthouse, Joyride Brewing Company, and Edgewater Public Market.
Additionally, the seller also owns the duplex immediately west; the seller would consider selling that neighboring duplex as well. Each unit is described as approximately 2,900 finished square feet with four bedrooms and four-and-a-half bathrooms, with current rents of approximately $3,900 per month. Pictures are of a similar unit.
The property is located near Sloan’s Lake, downtown Denver, Sixth Avenue, and the RTD W Line at Perry and Knox stations. Nearby destinations include Alamo Drafthouse, Joyride Brewing Company, and Edgewater Public Market.
Additionally, the seller also owns the duplex immediately west; the seller would consider selling that neighboring duplex as well. Each unit is described as approximately 2,900 finished square feet with four bedrooms and four-and-a-half bathrooms, with current rents of approximately $3,900 per month. Pictures are of a similar unit.
Key Highlights
- Modern duplex built in 2025 with a flexible three‑level layout and light‑filled interior
- Main level includes oversized kitchen island, stainless steel appliances, gas range, full pantry, dining space, and spacious great room
- Primary suite with walk‑in closet and private bath, plus two additional bedrooms, full bath, and dedicated laundry room
Local 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 | $105.8k | $25.20 |
| − Vacancy | −$6.1k | −$1.46 |
| EGI | $99.7k | $23.74 |
| − OpEx | −$29.9k | −$7.12 |
| NOI | $69.8k | $16.62 |
4,200 SF · lease $25.20/SF/yr · vacancy 5.79% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$997.1K
$872.5K – $1.16M
NOI $69,798 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$911.0K
$797.1K – $1.06M
NOI $63,771 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,591 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Light-filled three-level layout with attached tandem garage, private balcony, and an unfinished garden level with possible expansion.
Where is this duplex located?
The property is located at 4650-4656 W 9th Avenue Denver, CO.
What is the asking price?
The asking price for this property is $1,570,000.
What are key features of this property?
This property features: Modern duplex built in 2025 with a flexible three‑level layout and light‑filled interior; Main level includes oversized kitchen island, stainless steel appliances, gas range, full pantry, dining space, and spacious great room; Primary suite with walk‑in closet and private bath, plus two additional bedrooms, full bath, and dedicated laundry room
