Duplex Property with Flexible
New
For Sale
$599,000
5727 W Ohio Ave, Denver, CO 80226
Versatile residential configuration supports separate living arrangements, multigenerational use, or a private guest setup.
Property Size2,402 SF
Price / SF$249.38
Days on Market4
Property Features for 5727 W Ohio Ave
General Information
Standard status
Active
Size
2,402 SF
Property subtype
Duplex
Units
Unit Mix
4BR/3BA
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$4,129
Building Details
Building Size
2,402 SF
Year Built
2003
Buildings
1
Listing Agency:
Milehimodern
(303) 815-9202
Listed By:
Kayte Foster
(303) 815-9202
Source:
Guidere
Added: Aug 26
Changed: Aug 27
Last Checked: Aug 29 at 2:59PM
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 Milehimodern
Investment Insights
Based on property information with market context.
This 4-bedroom, 3-bathroom duplex property offers 2,402 square feet of open, naturally bright living space in a home built in 2003. The interior arrangement can function as one residence or as two distinct living areas, providing flexibility for multigenerational households, guests, or short-term rental use. A new HVAC system adds a recent mechanical improvement, while the seller is willing to include the furniture with the sale. HOA dues include insurance.
The property is near Belmar Park, a 132-acre recreational area with nearly 2 miles of paved trails, a lake, open grasslands, a playground, picnic areas, and wildlife viewing. The location also provides access toward Denver and west toward the mountains.
The property is near Belmar Park, a 132-acre recreational area with nearly 2 miles of paved trails, a lake, open grasslands, a playground, picnic areas, and wildlife viewing. The location also provides access toward Denver and west toward the mountains.
Key Highlights
- 4‑bedroom, 3‑bathroom layout with 2,402 square feet of living space
- Configuration can operate as one home or two separate living areas
- Built in 2003 with a new HVAC system
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
$39,918
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
6.66%
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%
$798,360
$798.4K
Cap Rate 7%
$570,257
$570.3K
Cap Rate 9%
$443,533
$443.5K
Market Conditions
NOI Build-Up for 2,402 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
$60.5K $25.20/SF
− Vacancy
−$3.5K −$1.46/SF
EGI
$57.0K $23.74/SF
− OpEx
−$17.1K −$7.12/SF
NOI
$39.9K $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 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%
$798,360
Cap Rate 7%
$570,257
Cap Rate 9%
$443,533
Alternative Uses
Best Use
Multifamily LT 5
$570.3K
$499.0K – $665.3K
NOI $39,918 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$521.0K
$455.9K – $607.9K
NOI $36,471 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$764.6K
$669.1K – $892.1K
NOI $53,525 @ 7.0% cap · market cap 8.94%
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
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 80226, CO
33,142
Population
14,742
Households
2.2
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
4,092
Density / Sq Mi
$78,466
Median Household Income
$44,640
Median Earnings
$1,738
Median Rent
$547,000
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 - Versatile residential configuration supports separate living arrangements, multigenerational use, or a private guest setup.
Where is this duplex located?
The property is located at 5727 W Ohio Ave Denver, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 4‑bedroom, 3‑bathroom layout with 2,402 square feet of living space; Configuration can operate as one home or two separate living areas; Built in 2003 with a new HVAC system
