Duplex with Separate
For Sale
$439,900
4736 Vine St, Denver, CO 80216
Updated two-level layout includes a separately metered upper studio with its own bathroom.
Property Size1,168 SF
Price / SF$376.63
Days on Market24
Property Features for 4736 Vine St
General Information
Standard status
Active
Size
1,168 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1BA, 1 x studio/1BA
Multifamily Units
2
Building Details
Year Built
1886
Listing Agency:
Brokers Guild Homes
(303) 752-0007
Listed By:
Kenneth Crounse
Source:
Pathhometeam
Added: Aug 6
Changed: Aug 28
Last Checked: Aug 29 at 12:20PM
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 Brokers Guild Homes
Investment Insights
Based on property information with market context.
Located at 4736 Vine St in Denver, this duplex pairs a three-bedroom, one-bath main residence with an upstairs studio that has a private bathroom and separate electric metering. The arrangement supports independent occupancy within one property and can accommodate multi-generational living or house-hacking plans.
Recent work includes new flooring and interior paint, following a broader renovation with updated electrical, plumbing, windows, and roof. The 1,168-square-foot property was built in 1886 and has passed the current-year Denver rental license inspection.
The property is near the National Western Center and the shops and galleries of RiNo, placing the home within reach of two established Denver destinations.
Recent work includes new flooring and interior paint, following a broader renovation with updated electrical, plumbing, windows, and roof. The 1,168-square-foot property was built in 1886 and has passed the current-year Denver rental license inspection.
The property is near the National Western Center and the shops and galleries of RiNo, placing the home within reach of two established Denver destinations.
Key Highlights
- Main residence offers 3 bedrooms and 1 bathroom
- Separate upstairs studio includes its own bathroom
- Studio has a separate electric meter
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
$19,411
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
4.41%
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%
$388,220
$388.2K
Cap Rate 7%
$277,300
$277.3K
Cap Rate 9%
$215,678
$215.7K
Market Conditions
NOI Build-Up for 1,168 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
$29.4K $25.20/SF
− Vacancy
−$1.7K −$1.46/SF
EGI
$27.7K $23.74/SF
− OpEx
−$8.3K −$7.12/SF
NOI
$19.4K $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 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%
$388,220
Cap Rate 7%
$277,300
Cap Rate 9%
$215,678
Alternative Uses
Best Use
Multifamily LT 5
$277.3K
$242.6K – $323.5K
NOI $19,411 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$253.3K
$221.7K – $295.6K
NOI $17,734 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$371.8K
$325.3K – $433.8K
NOI $26,027 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
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 - Updated two-level layout includes a separately metered upper studio with its own bathroom.
Where is this duplex located?
The property is located at 4736 Vine St Denver, CO.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Main residence offers 3 bedrooms and 1 bathroom; Separate upstairs studio includes its own bathroom; Studio has a separate electric meter
