New Construction Duplex
For Sale
$685,000
5516 Clay Ct, Denver, CO 80221
Open layouts combine contemporary finishes with abundant natural light and practical living areas.
Property Size1,979 SF
Days on Market248
Property Features for 5516 Clay Ct
General Information
Standard status
Active
Size
1,979 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$1,000
Building Details
Building Size
1,979 SF
Year Built
2026
Listing Agency:
REDT LLC
Listed By:
Sammantha Drake
(303) 549-5054
Source:
Corken
Added: Feb 12
Changed: Oct 17
Last Checked: Oct 16 at 3:44PM
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 REDT LLC
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Investment Insights
Based on property information with market context.
This 2026-built duplex residence is part of a five-home development featuring modern construction and thoughtfully planned interiors. Floor plans offer 3–4 bedrooms and approximately 1,681–2,000 square feet, with open-concept living areas, generous natural light, and contemporary designer-selected finishes.
The property is located near Regis University, with shopping, dining, parks, and major commuter routes nearby. Ownership is subject to a Party Wall Agreement covering the pond and snow removal, with management provided by Royal Oak Property Management. Grass installation will be scheduled after contract under the city’s water establishment permit process.
The property is located near Regis University, with shopping, dining, parks, and major commuter routes nearby. Ownership is subject to a Party Wall Agreement covering the pond and snow removal, with management provided by Royal Oak Property Management. Grass installation will be scheduled after contract under the city’s water establishment permit process.
Key Highlights
- New construction completed in 2026
- 3–4 bedroom floor plans
- Approximately 1,681–2,000 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,888
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,760
$657.8K
Cap Rate 7%
$469,829
$469.8K
Cap Rate 9%
$365,422
$365.4K
Market Conditions
NOI Build-Up for 1,979 SF
Gross rent
$49.9K $25.20/SF
− Vacancy
−$2.9K −$1.46/SF
EGI
$47.0K $23.74/SF
− OpEx
−$14.1K −$7.12/SF
NOI
$32.9K $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%
$657,760
Cap Rate 7%
$469,829
Cap Rate 9%
$365,422
Alternative Uses
Best Use
Multifamily LT 5
$469.8K
$411.1K – $548.1K
NOI $32,888 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$429.3K
$375.6K – $500.8K
NOI $30,048 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$630.0K
$551.2K – $735.0K
NOI $44,099 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 80221, CO
42,224
Population
15,165
Households
2.8
Avg Household Size
34
Median Age
28%
College-Educated
84%
High-School Grad
9.1 sq mi
ZIP Area
4,640
Density / Sq Mi
$84,425
Median Household Income
$42,720
Median Earnings
$1,642
Median Rent
$449,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Open layouts combine contemporary finishes with abundant natural light and practical living areas.
Where is this duplex located?
The property is located at 5516 Clay Ct Denver, CO.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: New construction completed in 2026; 3–4 bedroom floor plans; Approximately 1,681–2,000 square feet
