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Updated Three-Unit Triplex

4779 Vine St, Denver, CO 80216

For Sale
$550,000

Each residence includes a private laundry setup and a remodeled kitchen with granite counters and upgraded cabinetry.

Property Size2,092 SF
Price / SF$262.91
Days on Market19

Property Features for 4779 Vine St

General Information

Standard status Active
Size 2,092 SF
Property subtype Multi-Family

Site & Location

Neighborhood Elyria Swansea
Highway Access Yes

Additional Details

Multifamily Units 3

Amenities

updated kitchens with granite countertops and upgraded cabinetry
newer windows throughout
brand-new air conditioning units
stackable washer and dryer

Building Details

Year Built 1898
Listing Agency: Compass Colorado, LLC - Boulder
Listed By: Carly Mayer · License #100005579
Source: Denverrealestatesearch
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 7:04AM

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 Compass Colorado, LLC - Boulder

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Investment Insights

Based on property information with market context.

Built in 1898, this Denver triplex contains three units across 2,092 square feet. Each residence has an updated kitchen with granite countertops and upgraded cabinetry, newer windows, a new air-conditioning unit, and a stackable washer and dryer. The furnaces are approximately 5–7 years old, while the water heaters range from new to approximately 3 years old. The sewer line was redone around 2021; exterior work includes refreshed front stucco completed around 2026 and a new front fence.

The property is a few blocks from I-70, and the nearest light rail station is approximately an eight-minute drive away.

Key Highlights

  • Three‑unit property with 2,092 square feet; built in 1898
  • All units have updated kitchens with granite countertops and upgraded cabinetry
  • Each residence includes a new air‑conditioning unit, newer windows, and a stackable washer and dryer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,766
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,320 $695.3K
Cap Rate 7%
$496,657 $496.7K
Cap Rate 9%
$386,289 $386.3K
Market Conditions
NOI Build-Up for 2,092 SF
Gross rent
$52.7K $25.20/SF
− Vacancy
−$3.1K −$1.46/SF
EGI
$49.7K $23.74/SF
− OpEx
−$14.9K −$7.12/SF
NOI
$34.8K $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%
$695,320
Cap Rate 7%
$496,657
Cap Rate 9%
$386,289

Alternative Uses

Best Use
Multifamily LT 5
$496.7K
$434.6K – $579.4K (±1% cap)
NOI $34,766 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$453.8K
$397.1K – $529.4K (±1% cap)
NOI $31,764 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$666.0K
$582.7K – $777.0K (±1% cap)
NOI $46,617 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Denver, CO

$435 Jul
$422 Aug
$375 Sep
$348 Oct

Properties on Market for Triplexes in Denver

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Each residence includes a private laundry setup and a remodeled kitchen with granite counters and upgraded cabinetry.
Where is this triplex located?
The property is located at 4779 Vine St Denver, CO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three‑unit property with 2,092 square feet; built in 1898; All units have updated kitchens with granite countertops and upgraded cabinetry; Each residence includes a new air‑conditioning unit, newer windows, and a stackable washer and dryer
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