10-Bedroom
For Sale
$675,000
4665 Gaylord St, Denver, CO 80216
Two independent homes provide private bedrooms alongside shared living, kitchen, and dining areas.
Property Size3,134 SF
Price / SF$215.38
Days on Market11
Property Features for 4665 Gaylord St
General Information
Standard status
Active
Size
3,134 SF
Property subtype
Duplex
Zoning
E-TU-B
Occupancy
100%
Financials
Asking Price
$675,000
Cap Rate
9.06%
Gross Income
$61,140
Average Monthly Rent
$2,547
Units
Unit Mix
2 x 5BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,975
Building Details
Building Size
3,134 SF
Year Built
2000
Tenancy
Multi
Listing Agency:
House Of Walsh Realty LLC
(303) 601-2222
Listed By:
Allen Walsh · License #100044865
(303) 601-2222
Source:
Corken
Added: Aug 19
Changed: Aug 28
Last Checked: Aug 29 at 3:37PM
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 House Of Walsh Realty LLC
Investment Insights
Based on property information with market context.
Built in 2000, this duplex contains two separate five-bedroom residences with approximately 3,134 square feet of combined living space. Each home pairs private bedrooms with shared living, kitchen, and dining areas suited to communal residential arrangements. Both residences are currently leased, with one lease beginning February 6.
The property is zoned E-TU-B (Urban Edge – Two Unit) and is located at 4665 Gaylord Street in Denver. Nearby destinations include the National Western Complex, RiNo Art District, Mission Ballroom, Downtown Denver, Coors Field, and Union Station. The surrounding area also provides access to employment districts, dining, event venues, and major commuter routes.
The property is zoned E-TU-B (Urban Edge – Two Unit) and is located at 4665 Gaylord Street in Denver. Nearby destinations include the National Western Complex, RiNo Art District, Mission Ballroom, Downtown Denver, Coors Field, and Union Station. The surrounding area also provides access to employment districts, dining, event venues, and major commuter routes.
Key Highlights
- Two separate 5‑bedroom residences with 10 bedrooms total
- Approximately 3,134 sq ft of combined living space
- Both residences are currently leased
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
$52,083
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
7.72%
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%
$1,041,660
$1.0M
Cap Rate 7%
$744,043
$744.0K
Cap Rate 9%
$578,700
$578.7K
Market Conditions
NOI Build-Up for 3,134 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
$79.0K $25.20/SF
− Vacancy
−$4.6K −$1.46/SF
EGI
$74.4K $23.74/SF
− OpEx
−$22.3K −$7.12/SF
NOI
$52.1K $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%
$1,041,660
Cap Rate 7%
$744,043
Cap Rate 9%
$578,700
Alternative Uses
Best Use
Multifamily LT 5
$744.0K
$651.0K – $868.1K
NOI $52,083 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$679.8K
$594.8K – $793.1K
NOI $47,585 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$997.7K
$873.0K – $1.16M
NOI $69,837 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Explore this area
Business Placement
Demographics for 80216, CO
15,915
Population
6,924
Households
2.3
Avg Household Size
31
Median Age
38%
College-Educated
76%
High-School Grad
10.1 sq mi
ZIP Area
1,576
Density / Sq Mi
$86,869
Median Household Income
$49,966
Median Earnings
$1,934
Median Rent
$392,500
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 - Two independent homes provide private bedrooms alongside shared living, kitchen, and dining areas.
Where is this duplex located?
The property is located at 4665 Gaylord St Denver, CO.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two separate 5‑bedroom residences with 10 bedrooms total; Approximately 3,134 sq ft of combined living space; Both residences are currently leased
