Duplex with Attached
New
For Sale
$1,175,000
613 S Roosevelt Ave, Lafayette, CO 80026
Residential Income, Lafayette, CO
Property Size3,892 SF
Lot Size0.16 Acres
Price / SF$301.90
Days on Market2
Property Features for 613 S Roosevelt Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 5, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 4, Bathroom 6, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 4, Basement, Bedroom 1, Bedroom 2
Parking features
Open
Window features
Window Coverings
Patio and Porch features
Deck
Interior features
Open Floorplan, Walk-In Closet(s), Washer/Dryer Hookup
Fencing
Fenced
Fireplace
1
Basement
Partially Finished, Sump Pump, Full
Appliances
Electric Range, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Subdivision
Industry City 2
Lot features
Deciduous Trees, Native Grass, Level, House Faces East, City Limits, Paved, Sidewalks
Elementary school
Lafayette
Middle school
Angevine
High school
Centaurus
Elementary school district
Boulder Valley Dist RE2
Middle school district
Boulder Valley Dist RE2
High school district
Boulder Valley Dist RE2
Directions
From Public Rd & Emma go E 1 block to Roosevelt, go South to 613.
Standard status
Active
APN
R0149422
Size
3,892 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5229
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
fenced back private yard
fireplaces
central A/C
washer/dryer
Building Details
Year built
2001
Floors in Building
2
Number of units
2
Building materials
Frame, Stone
Roof type
Composition
Listing Agency:
WK Real Estate
(303) 443-2240
Listed By:
Judy Scott
(303) 931-7220
Added: Oct 22
Last Checked: Oct 23 at 10:06AM
MLS# 1071071
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 2001, this two-unit residential property contains 3,892 square feet on a 0.16-acre parcel and is zoned R-2. Each residence has three bedrooms, three bathrooms, an attached single-car garage, a fenced private yard, and a fireplace. Central air conditioning and a full set of appliances, including a washer and dryer, serve both units. Additional parking is available behind the property, accessed from the alley.
One unit is vacant and has recently received new flooring, paint, and blinds. Its third bedroom and full bathroom are in the basement, along with a utility room and laundry area. The other residence is leased through the end of October 2027. It has three upstairs bedrooms, a main-level powder room and laundry, plus an unfinished basement with a bathroom rough-in.
One unit is vacant and has recently received new flooring, paint, and blinds. Its third bedroom and full bathroom are in the basement, along with a utility room and laundry area. The other residence is leased through the end of October 2027. It has three upstairs bedrooms, a main-level powder room and laundry, plus an unfinished basement with a bathroom rough-in.
Key Highlights
- Two residences, each with 3 bedrooms and 3 bathrooms
- 3,892 square feet on a 0.16‑acre lot; zoned R‑2
- Attached single‑car garage and fenced private yard at each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,751
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,455,020
$1.5M
Cap Rate 7%
$1,039,300
$1.0M
Cap Rate 9%
$808,344
$808.3K
Market Conditions
NOI Build-Up for 3,892 SF
Gross rent
$111.2K $28.56/SF
− Vacancy
−$7.2K −$1.86/SF
EGI
$103.9K $26.70/SF
− OpEx
−$31.2K −$8.01/SF
NOI
$72.8K $18.69/SF
Area
Boulder County, CO
Vacancy
6.50%
Lease Rate
$28.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,455,020
Cap Rate 7%
$1,039,300
Cap Rate 9%
$808,344
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$909.4K – $1.21M
NOI $72,751 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$967.9K
$846.9K – $1.13M
NOI $67,753 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,199 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,560
Businesses Nearby
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Business Placement
Demographics for 80026, CO
32,318
Population
14,209
Households
2.3
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
22.5 sq mi
ZIP Area
1,436
Density / Sq Mi
$115,031
Median Household Income
$59,937
Median Earnings
$2,054
Median Rent
$664,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three bedrooms, three bathrooms, private fenced yards, and separate laundry facilities.
Where is this duplex located?
The property is located at 613 S Roosevelt Ave Lafayette, CO.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 3 bathrooms; 3,892 square feet on a 0.16‑acre lot; zoned R‑2; Attached single‑car garage and fenced private yard at each unit
