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Mid-Century Duplex with Finished Basement
For Sale
$925,000

632 N Ogden Street, Denver, CO 80218

Two living levels provide separate entrances, kitchens, baths, and laundry areas.

Property Size2,030 SF
Days on Market62

Property Features for 632 N Ogden Street

General Information

Standard status Active
Size 2,030 SF
Total Parking Spaces 2
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,459

Amenities

hardwood floors
coved ceilings
French doors
back patio
stainless appliances
laundry in both units
solar panels

Building Details

Building Size 2,030 SF
Year Built 1956
Buildings 1
Construction mid century ranch
Listing Agency: Compass - Denver
Listed By: Lisa Santos
Source: Corken
Added: Aug 14 Changed: Oct 7 Last Checked: Oct 13 at 1:04AM

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 Compass - Denver

Investment Insights

Based on property information with market context.

Built in 1956, this mid-century ranch-style duplex includes a main-floor residence and a finished basement apartment with separate exterior access. Each level offers two bedrooms, a full bathroom, a kitchen, laundry, and living space. An interior door can separate the floors, while egress windows serve both basement bedrooms and its living room.

The main level features hardwood flooring, an open living and dining area, coved ceilings, stainless appliances, and French doors leading to the back patio. The property also includes a double lot, a two-car garage with workspace and storage, a newer furnace, updated windows, and fully paid-off solar panels.

Located at 632 N Ogden St, the property is a half block from 7th Avenue and a half block from 6th Avenue. Dining, coffee, grocery shopping, drinks, and several parks are within walking distance. Rental use and historic-district status require buyer and buyer’s agent verification.

Key Highlights

  • Two‑level duplex with 2 bedrooms and 1 full bath on each floor
  • Finished basement includes a kitchen, laundry, living room, and egress windows
  • Separate entrances and an interior door allow the floors to function independently

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,736
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,720 $674.7K
Cap Rate 7%
$481,943 $481.9K
Cap Rate 9%
$374,844 $374.8K
Market Conditions
NOI Build-Up for 2,030 SF
Gross rent
$51.2K $25.20/SF
− Vacancy
−$3.0K −$1.46/SF
EGI
$48.2K $23.74/SF
− OpEx
−$14.5K −$7.12/SF
NOI
$33.7K $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%
$674,720
Cap Rate 7%
$481,943
Cap Rate 9%
$374,844

Alternative Uses

Best Use
Multifamily LT 5
$481.9K
$421.7K – $562.3K (±1% cap)
NOI $33,736 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$440.3K
$385.3K – $513.7K (±1% cap)
NOI $30,823 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$646.2K
$565.5K – $753.9K (±1% cap)
NOI $45,236 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Mobile Phone Store Electrical Service Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,638
Businesses Nearby

Demographics for 80218, CO

19,484
Population
13,116
Households
1.5
Avg Household Size
35
Median Age
72%
College-Educated
98%
High-School Grad
1.6 sq mi
ZIP Area
12,178
Density / Sq Mi
$82,925
Median Household Income
$67,570
Median Earnings
$1,475
Median Rent
$653,900
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two living levels provide separate entrances, kitchens, baths, and laundry areas.
Where is this duplex located?
The property is located at 632 N Ogden Street Denver, CO.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two‑level duplex with 2 bedrooms and 1 full bath on each floor; Finished basement includes a kitchen, laundry, living room, and egress windows; Separate entrances and an interior door allow the floors to function independently
More about this property
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