Three-Level Duplex with Garden
For Sale
$1,570,000
4650 W 9th Ave, Denver, CO 80204
A walk-out lower level, private balcony, fenced yard, and attached tandem garage add functional flexibility.
Property Size5,800 SF
Price / SF$270.69
Days on Market13
Property Features for 4650 W 9th Ave
General Information
Standard status
Active
Size
5,800 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Villa Park
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,152
Amenities
private balcony
patio
fenced backyard
stainless steel appliances
gas range
oversized kitchen island
full pantry
dedicated dining space
spacious great room
powder bath
walk-in closet
private bath
dedicated laundry room
Unfinished,Walk-Out Access,Sump Pump
4
6
Plans
Eat-in Kitchen,Open Floorplan,Kitchen Island
4200
Fenced
House Faces North,Gutters
City
3920
2 Spaces/Unit
2
0.09
No
Attached
Sprinkler System,Balcony
Privately Maintained
5800
Building Details
Building Size
5,800 SF
Year Built
2025
Buildings
1
Stories
3
Listing Agency:
MODUS Real Estate
(970) 594-9228
Listed By:
Todd Jeskulski
Source:
Focalrealestategroup
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 3:45PM
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
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Investment Insights
Based on property information with market context.
Built in 2025, this Denver duplex has a three-level layout and an unfinished garden level with walk-out access. The main floor combines an open great room and dining area with a kitchen featuring an oversized island, stainless steel appliances, a gas range, and pantry. A powder room and balcony are also included. Upstairs, the plan provides a primary suite with a walk-in closet and private bath, two additional bedrooms, another full bath, and a dedicated laundry room.
The property is at 4650 W 9th Ave, near Sloan’s Lake, downtown Denver, Sixth Avenue, and the RTD W Line stations at Perry and Knox. Nearby destinations include Alamo Drafthouse, Joyride Brewing Company, and Edgewater Public Market. The lower level connects to a patio and fenced backyard.
The property is at 4650 W 9th Ave, near Sloan’s Lake, downtown Denver, Sixth Avenue, and the RTD W Line stations at Perry and Knox. Nearby destinations include Alamo Drafthouse, Joyride Brewing Company, and Edgewater Public Market. The lower level connects to a patio and fenced backyard.
Key Highlights
- Built in 2025
- Three‑level duplex with an unfinished garden level and walk‑out access
- Kitchen includes an oversized island, stainless steel appliances, gas range, and pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,388
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,927,760
$1.9M
Cap Rate 7%
$1,376,971
$1.4M
Cap Rate 9%
$1,070,978
$1.1M
Market Conditions
NOI Build-Up for 5,800 SF
Gross rent
$146.2K $25.20/SF
− Vacancy
−$8.5K −$1.46/SF
EGI
$137.7K $23.74/SF
− OpEx
−$41.3K −$7.12/SF
NOI
$96.4K $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%
$1,927,760
Cap Rate 7%
$1,376,971
Cap Rate 9%
$1,070,978
Alternative Uses
Best Use
Multifamily LT 5
$1.38M
$1.20M – $1.61M
NOI $96,388 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$1.26M
$1.10M – $1.47M
NOI $88,065 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$1.85M
$1.62M – $2.15M
NOI $129,244 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
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Business Placement
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
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
Frequently Asked Questions
What type of property is this?
Duplex - A walk-out lower level, private balcony, fenced yard, and attached tandem garage add functional flexibility.
Where is this duplex located?
The property is located at 4650 W 9th Ave 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: Built in 2025; Three‑level duplex with an unfinished garden level and walk‑out access; Kitchen includes an oversized island, stainless steel appliances, gas range, and pantry
