Energy-Efficient
For Sale
$444,000
5683 N Kirk Ct, Aurora, CO 80019
Paired-home configuration with a fenced side yard and updated interior finishes.
Property Size1,755 SF
Days on Market132
Property Features for 5683 N Kirk Ct
General Information
Standard status
Active
Size
1,755 SF
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,859
Amenities
Energy Star-certified
tankless water heater
energy-efficient GE appliances
vinyl plank flooring
fully fenced side yard
Building Details
Building Size
1,755 SF
Year Built
2026
Listing Agency:
MB Team Lassen
(303) 668-7007
Listed By:
Team Lassen
(303) 668-7007
Source:
Corken
Added: Apr 22
Changed: Aug 30
Last Checked: Aug 30 at 9:58PM
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 MB Team Lassen
Investment Insights
Based on property information with market context.
This 2026 duplex is configured as a paired home with an interior designed for everyday functionality and entertaining. The kitchen includes a large island and energy-efficient GE appliances, while vinyl plank flooring extends throughout the residence. Additional features include Moen faucets, a tankless water heater, and Energy Star certification.
The property includes a fully fenced side yard and is located in the Painted Prairie community in Aurora, Colorado. The address is 5683 N Kirk Ct, Aurora, CO 80019.
The property includes a fully fenced side yard and is located in the Painted Prairie community in Aurora, Colorado. The address is 5683 N Kirk Ct, Aurora, CO 80019.
Key Highlights
- 2026‑built duplex in the Painted Prairie community
- Energy Star‑certified paired home
- Kitchen with spacious island and energy‑efficient GE appliances
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
$25,227
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
5.68%
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%
$504,540
$504.5K
Cap Rate 7%
$360,386
$360.4K
Cap Rate 9%
$280,300
$280.3K
Market Conditions
NOI Build-Up for 1,755 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
$39.0K $22.20/SF
− Vacancy
−$2.9K −$1.67/SF
EGI
$36.0K $20.54/SF
− OpEx
−$10.8K −$6.16/SF
NOI
$25.2K $14.37/SF
Area
Aurora, CO
Vacancy
7.50%
Lease Rate
$22.20 /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%
$504,540
Cap Rate 7%
$360,386
Cap Rate 9%
$280,300
Alternative Uses
Best Use
Multifamily LT 5
$360.4K
$315.3K – $420.5K
NOI $25,227 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$334.7K
$292.8K – $390.4K
NOI $23,426 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$490.4K
$429.1K – $572.1K
NOI $34,328 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Explore this area
Business Placement
Demographics for 80019, CO
3,865
Population
1,955
Households
2
Avg Household Size
33
Median Age
32%
College-Educated
87%
High-School Grad
28.1 sq mi
ZIP Area
138
Density / Sq Mi
$117,420
Median Household Income
$49,857
Median Earnings
$1,242
Median Rent
$529,300
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 - Paired-home configuration with a fenced side yard and updated interior finishes.
Where is this duplex located?
The property is located at 5683 N Kirk Ct Aurora, CO.
What is the asking price?
The asking price for this property is $444,000.
What are key features of this property?
This property features: 2026‑built duplex in the Painted Prairie community; Energy Star‑certified paired home; Kitchen with spacious island and energy‑efficient GE appliances
