Refreshed Duplex with Flexible Lower
For Sale
$435,000
6550 Benton St, Arvada, CO 80003
Updated paired home with fresh finishes, an attached garage, patio, pergola, and access to shopping, dining, and transit.
Property Size1,403 SF
Days on Market21
Property Features for 6550 Benton St
General Information
Standard status
Active
Size
1,403 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,076
Amenities
fireplace
patio
pergola
Building Details
Building Size
1,403 SF
Year Built
1981
Listing Agency:
Keller Williams DTC
(720) 615-7905
Listed By:
EMPOWERHOME Team
(720) 615-7905
Source:
Corken
Added: Aug 11
Changed: Aug 30
Last Checked: Aug 30 at 2:41PM
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 Keller Williams DTC
Investment Insights
Based on property information with market context.
This refreshed duplex in Arvada offers a multi-level layout with updated interior finishes and flexible living areas. Recent improvements include white interior paint, new carpet, luxury vinyl plank flooring, and new kitchen appliances paired with maple cabinetry. The main level includes a great room with a full-wall fireplace and hearth along with a dedicated dining area. Two bedrooms and a three-quarter bathroom are located upstairs, while the lower level adds a bonus room with direct access to the backyard, a third bedroom, a half bathroom, and laundry space.
Outdoor features include a backyard patio and pergola, while the attached garage provides covered parking. The property is located at 6550 Benton St in Arvada, near shopping, dining, entertainment, and bus service. Access to I-70 and Highway 36 supports travel throughout the Denver metro area. Built in 1981, the property combines an established structure with recent interior updates.
Outdoor features include a backyard patio and pergola, while the attached garage provides covered parking. The property is located at 6550 Benton St in Arvada, near shopping, dining, entertainment, and bus service. Access to I-70 and Highway 36 supports travel throughout the Denver metro area. Built in 1981, the property combines an established structure with recent interior updates.
Key Highlights
- Refreshed interior with new carpet, luxury vinyl plank flooring, paint, and kitchen appliances
- Three‑bedroom layout with a bonus room, three‑quarter bathroom, half bathroom, and laundry area
- Great room features a full‑wall fireplace and hearth
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
$18,061
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
4.15%
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%
$361,220
$361.2K
Cap Rate 7%
$258,014
$258.0K
Cap Rate 9%
$200,678
$200.7K
Market Conditions
NOI Build-Up for 1,403 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
$27.8K $19.80/SF
− Vacancy
−$2.0K −$1.41/SF
EGI
$25.8K $18.39/SF
− OpEx
−$7.7K −$5.52/SF
NOI
$18.1K $12.87/SF
Area
Arvada, CO
Vacancy
7.12%
Lease Rate
$19.80 /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%
$361,220
Cap Rate 7%
$258,014
Cap Rate 9%
$200,678
Alternative Uses
Best Use
Multifamily LT 5
$258.0K
$225.8K – $301.0K
NOI $18,061 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$237.4K
$207.7K – $277.0K
NOI $16,617 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$375.2K
$328.3K – $437.7K
NOI $26,264 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
Demographics for 80003, CO
36,258
Population
14,193
Households
2.6
Avg Household Size
37
Median Age
33%
College-Educated
92%
High-School Grad
6.6 sq mi
ZIP Area
5,494
Density / Sq Mi
$82,754
Median Household Income
$51,667
Median Earnings
$1,729
Median Rent
$486,600
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 - Updated paired home with fresh finishes, an attached garage, patio, pergola, and access to shopping, dining, and transit.
Where is this duplex located?
The property is located at 6550 Benton St Arvada, 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: Refreshed interior with new carpet, luxury vinyl plank flooring, paint, and kitchen appliances; Three‑bedroom layout with a bonus room, three‑quarter bathroom, half bathroom, and laundry area; Great room features a full‑wall fireplace and hearth
