Four-Unit
For Sale
$1,000,000
4729 W 7th Ave, Denver, CO 80204
Four matching apartments provide a consistent multifamily configuration within a dedicated residential income property.
Property Size4,400 SF
Price / SF$227.27
Days on Market67
Property Features for 4729 W 7th Ave
General Information
Standard status
Active
Size
4,400 SF
Property subtype
Multifamily
Zoning
E-RH-2.5
Units
Unit Mix
4 x 3BR/1.5BA
Multifamily Units
4
Additional Details
Furnished
No
Building Details
Building Size
4,400 SF
Year Built
1962
Buildings
1
Listing Agency:
Unique Properties LLC
(214) 616-2695
Listed By:
Elliott Polanchyck · License #100088171
(214) 616-2695
Source:
Uniqueprop
Added: Jun 25
Changed: Aug 29
Last Checked: Aug 29 at 3:18PM
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 Unique Properties LLC
Investment Insights
Based on property information with market context.
This Denver quadplex contains 4,400 SF and four residential units, each arranged with three bedrooms and 1.5 baths. The property was built in 1962 and is classified under E-RH-2.5 zoning.
The uniform unit mix creates a straightforward multifamily layout, with each apartment offering the same bedroom and bathroom configuration. The asset is located at 4729 W 7th Ave in Denver, Colorado.
The uniform unit mix creates a straightforward multifamily layout, with each apartment offering the same bedroom and bathroom configuration. The asset is located at 4729 W 7th Ave in Denver, Colorado.
Key Highlights
- 4,400 SF quadplex with 4 units
- Four 3‑bedroom, 1.5‑bath units
- Built in 1962
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
$73,122
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
7.31%
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%
$1,462,440
$1.5M
Cap Rate 7%
$1,044,600
$1.0M
Cap Rate 9%
$812,467
$812.5K
Market Conditions
NOI Build-Up for 4,400 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
$110.9K $25.20/SF
− Vacancy
−$6.4K −$1.46/SF
EGI
$104.5K $23.74/SF
− OpEx
−$31.3K −$7.12/SF
NOI
$73.1K $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%
$1,462,440
Cap Rate 7%
$1,044,600
Cap Rate 9%
$812,467
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$914.0K – $1.22M
NOI $73,122 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$954.4K
$835.1K – $1.11M
NOI $66,808 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,047 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four matching apartments provide a consistent multifamily configuration within a dedicated residential income property.
Where is this quadplex located?
The property is located at 4729 W 7th Ave Denver, CO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 4,400 SF quadplex with 4 units; Four 3‑bedroom, 1.5‑bath units; Built in 1962
