Duplex with Finished
New
For Sale
$775,000
5232 Stuart St, Denver, CO 80212
Modern construction offers flexible living space, a generous yard, attached garage, RV pad, and mountain views.
Property Size2,576 SF
Lot Size0.12 Acres
Price / SF$300.85
Days on Market3
Property Features for 5232 Stuart St
General Information
Standard status
Active
Size
2,576 SF
Lot size
0.12 Acres
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,920
Building Details
Building Size
2,576 SF
Year Built
2018
Buildings
1
Listing Agency:
West and Main Homes Inc
Listed By:
Stu Van Anderson · License #EA1327832
(970) 485-1214
Source:
Corken
Added: Sep 18
Changed: Sep 20
Last Checked: Sep 20 at 2:44PM
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 West and Main Homes Inc
Investment Insights
Based on property information with market context.
This duplex property offers 2,576 square feet of living space with three bedrooms, 2.5 bathrooms, and a finished basement. The home sits on a 5,295-square-foot lot with a backyard, attached garage, dedicated RV pad, and additional parking. Mountain views, including Longs Peak and Mt. Blue Sky, are visible from the primary bedroom.
Located at 5232 Stuart St in Denver, the property is within walking distance of Willis Case Public Golf Course and near Berkeley Lake Park, Rocky Mountain Lake Park, Tennyson Street, and Regis University. Access to I-70 and I-76 supports travel throughout Denver and beyond.
Located at 5232 Stuart St in Denver, the property is within walking distance of Willis Case Public Golf Course and near Berkeley Lake Park, Rocky Mountain Lake Park, Tennyson Street, and Regis University. Access to I-70 and I-76 supports travel throughout Denver and beyond.
Key Highlights
- Duplex property with 2,576 square feet of living space
- Three bedrooms, 2.5 bathrooms, and a finished basement
- 5,295‑square‑foot lot with backyard space
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
$42,810
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
5.52%
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%
$856,200
$856.2K
Cap Rate 7%
$611,571
$611.6K
Cap Rate 9%
$475,667
$475.7K
Market Conditions
NOI Build-Up for 2,576 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
$64.9K $25.20/SF
− Vacancy
−$3.8K −$1.46/SF
EGI
$61.2K $23.74/SF
− OpEx
−$18.3K −$7.12/SF
NOI
$42.8K $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 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%
$856,200
Cap Rate 7%
$611,571
Cap Rate 9%
$475,667
Alternative Uses
Best Use
Multifamily LT 5
$611.6K
$535.1K – $713.5K
NOI $42,810 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$558.8K
$488.9K – $651.9K
NOI $39,113 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$820.0K
$717.5K – $956.7K
NOI $57,402 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
421
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Modern construction offers flexible living space, a generous yard, attached garage, RV pad, and mountain views.
Where is this duplex located?
The property is located at 5232 Stuart St Denver, CO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Duplex property with 2,576 square feet of living space; Three bedrooms, 2.5 bathrooms, and a finished basement; 5,295‑square‑foot lot with backyard space
