2-Unit Brick
For Sale
$1,050,000
4732 33rd Ave, Denver, CO 80212
Each residence has two bedrooms, an unfinished basement, and central air conditioning.
Property Size3,748 SF
Price / SF$280.15
Days on Market13
Property Features for 4732 33rd Ave
General Information
Standard status
Active
Size
3,748 SF
Property subtype
Residential Income
Site & Location
Neighborhood
West Highland
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,441
Amenities
front porch
Unfinished,Built-In Radon
2
4
Appraiser
Two or More
1980
Fenced
House Faces North
City
3
No
Off Street
Sprinkler System
3748
Building Details
Building Size
3,748 SF
Year Built
1925
Buildings
1
Construction
full brick
Listing Agency:
RE/MAX Professionals
(970) 594-9228
Listed By:
Jeni Baretta
Source:
Focalrealestategroup
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 3:36PM
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 RE/MAX Professionals
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-unit brick property has matching residences, each arranged with a living room, dining room, two bedrooms, a full bathroom, and a front porch. Both units also include an unfinished basement, a new furnace, and central air conditioning. The brick exterior reduces exterior maintenance needs.
The property sits beside Wolff Park on a quiet street in Denver’s West Highlands. Highlands Square’s coffee shops and restaurants, along with Sweet Cow and Mondo Vino, are described as minutes away. Sloan’s Lake, Berkeley/Tennyson Street, and Edgewater are also nearby.
The property sits beside Wolff Park on a quiet street in Denver’s West Highlands. Highlands Square’s coffee shops and restaurants, along with Sweet Cow and Mondo Vino, are described as minutes away. Sloan’s Lake, Berkeley/Tennyson Street, and Edgewater are also nearby.
Key Highlights
- Two units, each with two bedrooms and a full bathroom
- Both residences have unfinished basements and front porches
- New furnace and central air conditioning in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,287
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,245,740
$1.2M
Cap Rate 7%
$889,814
$889.8K
Cap Rate 9%
$692,078
$692.1K
Market Conditions
NOI Build-Up for 3,748 SF
Gross rent
$94.4K $25.20/SF
− Vacancy
−$5.5K −$1.46/SF
EGI
$89.0K $23.74/SF
− OpEx
−$26.7K −$7.12/SF
NOI
$62.3K $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%
$1,245,740
Cap Rate 7%
$889,814
Cap Rate 9%
$692,078
Alternative Uses
Best Use
Multifamily LT 5
$889.8K
$778.6K – $1.04M
NOI $62,287 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$813.0K
$711.4K – $948.5K
NOI $56,908 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,519 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,177
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, an unfinished basement, and central air conditioning.
Where is this duplex located?
The property is located at 4732 33rd Ave Denver, CO.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two units, each with two bedrooms and a full bathroom; Both residences have unfinished basements and front porches; New furnace and central air conditioning in both units
