Duplex with Detached
For Sale
$625,000
5457 E 36th Ave, Denver, CO 80207
West-facing property with wood floors, a private yard, and dedicated off-street parking.
Property Size1,760 SF
Days on Market145
Property Features for 5457 E 36th Ave
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$1,856
Building Details
Building Size
1,760 SF
Year Built
1954
Buildings
1
Listing Agency:
Greenwood Estates Realty LLC
(303) 517-0345
Listed By:
David Jimenez · License #2362187
(303) 517-0345
Source:
Corken
Added: Apr 8
Changed: Aug 29
Last Checked: Aug 29 at 7:22PM
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 Greenwood Estates Realty LLC
Investment Insights
Based on property information with market context.
Built in 1954, this duplex contains four bedrooms and two full bathrooms across two separate residences. Each side follows a two-bedroom, one-bath layout with an open main level, wood flooring, and a kitchen offering substantial preparation and storage space. One residence includes a private yard with direct access to the detached two-car garage, while each unit has one designated garage parking space.
The property is in Northeast Park Hill, an established Denver neighborhood near City Park, City Park Golf Course, the Denver Zoo, and the Denver Museum of Nature & Science. Restaurants, coffee shops, breweries, and neighborhood retail are also nearby. Surface streets, I 70, and the RTD A Line provide connections to downtown Denver, Denver International Airport, and surrounding areas.
The property is in Northeast Park Hill, an established Denver neighborhood near City Park, City Park Golf Course, the Denver Zoo, and the Denver Museum of Nature & Science. Restaurants, coffee shops, breweries, and neighborhood retail are also nearby. Surface streets, I 70, and the RTD A Line provide connections to downtown Denver, Denver International Airport, and surrounding areas.
Key Highlights
- Two‑unit duplex with 4 bedrooms and 2 bathrooms
- Each residence offers a 2‑bedroom, 1‑bath configuration
- Built in 1954
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
$29,249
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
4.68%
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%
$584,980
$585.0K
Cap Rate 7%
$417,843
$417.8K
Cap Rate 9%
$324,989
$325.0K
Market Conditions
NOI Build-Up for 1,760 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
$44.4K $25.20/SF
− Vacancy
−$2.6K −$1.46/SF
EGI
$41.8K $23.74/SF
− OpEx
−$12.5K −$7.12/SF
NOI
$29.2K $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%
$584,980
Cap Rate 7%
$417,843
Cap Rate 9%
$324,989
Alternative Uses
Best Use
Multifamily LT 5
$417.8K
$365.6K – $487.5K
NOI $29,249 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$381.8K
$334.0K – $445.4K
NOI $26,723 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$560.3K
$490.2K – $653.7K
NOI $39,219 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Explore this area
Business Placement
Demographics for 80207, CO
21,170
Population
9,291
Households
2.3
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,428
Density / Sq Mi
$112,325
Median Household Income
$71,163
Median Earnings
$1,819
Median Rent
$661,900
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 - West-facing property with wood floors, a private yard, and dedicated off-street parking.
Where is this duplex located?
The property is located at 5457 E 36th Ave Denver, CO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two‑unit duplex with 4 bedrooms and 2 bathrooms; Each residence offers a 2‑bedroom, 1‑bath configuration; Built in 1954
