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Contemporary Duplex with Vaulted Ceilings
For Sale
$435,000

5974 Rendezvous Pkwy, Timnath, CO 80547

Residential, Timnath, CO

Property Size1,470 SF
Lot Size0.08 Acres
Price / SF$295.92
Days on Market120

Property Features for 5974 Rendezvous Pkwy

General Information

Property type Residential
Property subtype Duplex
Zoning Res
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Rooms Bathroom 1, Laundry Room, Bedroom 1, Dining Room, Laundry Room, Bathroom 2, Bedroom 2
Parking features Open
Window features Window Coverings
Patio and Porch features Patio
Interior features Eat-in Kitchen, Cathedral Ceiling(s), Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar, Washer/Dryer Hookup, Kitchen Island
Exterior features Sprinkler System
Appliances Electric Range, Gas Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm
Subdivision Rendezvous Filing 2
Lot features House/ Lot Faces S W, Paved, Curbs, Gutters, Sidewalks, Street Light, Fire Hydrant within 500 Feet
Elementary school Timnath
Middle school Timnath Middle-High School
High school Timnath Middle-High School
Elementary school district Poudre
Middle school district Poudre
High school district Poudre
Directions Harmony Rd & Signal Tree Dr.Head south on Signal Tree Dr, At the traffic circle, take the 3rd exit and stay on Signal Tree Dr, At the traffic circle, take the 2nd exit onto Stone Fly Dr, Continue onto Rendezvous Pkwy. The property will be on the left.
Standard status Active
APN R1672708
Size 1,470 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4914

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

dedicated coffee + beverage bar with wine cooler
pickleball courts
parks
green spaces

Building Details

Year built 2022
Floors in Building 1
Building materials Frame
Roof type Composition
Architectural style Contemporary
Listing Agency: Real
Listed By: Kevin McDougal
Added: Jun 24 Changed: Oct 17 Last Checked: Oct 21 at 12:06AM
MLS# 1062589

Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 2022, this contemporary duplex has 1,470 square feet on a 0.08-acre lot. The interior includes two bedrooms and two bathrooms, with vaulted ceilings over the main living area and an open connection between the living, dining, and kitchen spaces. The kitchen features quartz counters, gray cabinetry, a gas range, a built-in wall oven, pantry storage, and an oversized island. A beverage bar with a wine cooler adds a separate serving area. The primary bedroom includes a walk-in closet and an ensuite bathroom with dual vanities; a second bedroom and bathroom offer additional flexibility.

A patio extends the living space outdoors. The property is in Timnath, with community pickleball courts, parks, and green spaces identified as nearby amenities. Public water and sewer serve the property.

Key Highlights

  • 2022 construction; 1,470 square feet on a 0.08‑acre lot
  • Two bedrooms and two bathrooms
  • Vaulted ceilings and an open living, dining, and kitchen arrangement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,131
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,620 $302.6K
Cap Rate 7%
$216,157 $216.2K
Cap Rate 9%
$168,122 $168.1K
Market Conditions
NOI Build-Up for 1,470 SF
Gross rent
$22.6K $15.36/SF
− Vacancy
−$964 −$0.66/SF
EGI
$21.6K $14.70/SF
− OpEx
−$6.5K −$4.41/SF
NOI
$15.1K $10.29/SF
Area
Larimer County, CO
Vacancy
4.27%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,620
Cap Rate 7%
$216,157
Cap Rate 9%
$168,122

Alternative Uses

Best Use
Multifamily LT 5
$216.2K
$189.1K – $252.2K (±1% cap)
NOI $15,131 @ 7.0% cap · market cap 3.48%
Second Best
Apartment 5plus
$199.9K
$174.9K – $233.2K (±1% cap)
NOI $13,991 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$394.6K
$345.3K – $460.3K (±1% cap)
NOI $27,620 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby

Demographics for 80547, CO

6,536
Population
2,843
Households
2.3
Avg Household Size
35
Median Age
73%
College-Educated
99%
High-School Grad
5.7 sq mi
ZIP Area
1,147
Density / Sq Mi
$171,971
Median Household Income
$79,285
Median Earnings
$2,040
Median Rent
$719,400
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The 2022 property offers an open living and dining area, a kitchen island, and a private patio.
Where is this duplex located?
The property is located at 5974 Rendezvous Pkwy Timnath, CO.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 2022 construction; 1,470 square feet on a 0.08‑acre lot; Two bedrooms and two bathrooms; Vaulted ceilings and an open living, dining, and kitchen arrangement
More about this property
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