Front-and-Back
For Sale
$850,000
774 S Krameria Street, Denver, CO 80224
Two residences offer distinct utility systems, shared outdoor space, and flexible living arrangements.
Property Size2,264 SF
Price / SF$375.44
Days on Market47
Property Features for 774 S Krameria Street
General Information
Standard status
Active
Size
2,264 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
patio
basement
Building Details
Year Built
1980
Buildings
1
Construction
mid-century modern
Listing Agency:
Slifer Smith & Frampton - Summit County
Listed By:
Smart City Realty Colorado
(720) 504-0873
Source:
Smartcityrealtycolorado
Added: Sep 2
Changed: Oct 16
Last Checked: Oct 16 at 8:34AM
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 Slifer Smith & Frampton - Summit County
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Investment Insights
Based on property information with market context.
This 2,264-square-foot duplex includes two residences arranged in a front-and-back configuration. The front home has three bedrooms, two bathrooms, vaulted ceilings, exposed beams, French doors, a primary suite with private bath and laundry, and abundant living-room windows. The rear home provides two bedrooms, one bathroom, vaulted ceilings, exposed beams, patio access, and a private backyard. Both residences connect to a large basement, with laundry serving the rear unit.
The property includes an expansive patio divided by a gated fence, allowing the outdoor area to function as a shared space or remain separated. The front driveway accommodates up to four vehicles. Improvements include water heaters installed in 2022 and electrical panels updated in 2023. Owner-owned solar serves the front residence. The property is at 774 S Krameria St in Denver, near Garland Park, Cook Park, Cherry Creek Trail, Glendale shopping, and Cherry Creek restaurants.
The property includes an expansive patio divided by a gated fence, allowing the outdoor area to function as a shared space or remain separated. The front driveway accommodates up to four vehicles. Improvements include water heaters installed in 2022 and electrical panels updated in 2023. Owner-owned solar serves the front residence. The property is at 774 S Krameria St in Denver, near Garland Park, Cook Park, Cherry Creek Trail, Glendale shopping, and Cherry Creek restaurants.
Key Highlights
- Front‑and‑back duplex with two separate residences and distinct utility systems
- Front residence includes 3 bedrooms, 2 bathrooms, private laundry, and a primary suite
- Rear residence offers 2 bedrooms, 1 bathroom, patio access, and a private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,625
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,500
$752.5K
Cap Rate 7%
$537,500
$537.5K
Cap Rate 9%
$418,056
$418.1K
Market Conditions
NOI Build-Up for 2,264 SF
Gross rent
$57.1K $25.20/SF
− Vacancy
−$3.3K −$1.46/SF
EGI
$53.7K $23.74/SF
− OpEx
−$16.1K −$7.12/SF
NOI
$37.6K $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%
$752,500
Cap Rate 7%
$537,500
Cap Rate 9%
$418,056
Alternative Uses
Best Use
Multifamily LT 5
$537.5K
$470.3K – $627.1K
NOI $37,625 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$491.1K
$429.7K – $572.9K
NOI $34,376 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$720.7K
$630.6K – $840.8K
NOI $50,450 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,380
Businesses Nearby
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Business Placement
Demographics for 80224, CO
19,199
Population
9,200
Households
2.1
Avg Household Size
39
Median Age
59%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
5,818
Density / Sq Mi
$82,013
Median Household Income
$52,821
Median Earnings
$1,636
Median Rent
$565,400
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 - Two residences offer distinct utility systems, shared outdoor space, and flexible living arrangements.
Where is this duplex located?
The property is located at 774 S Krameria Street Denver, CO.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Front‑and‑back duplex with two separate residences and distinct utility systems; Front residence includes 3 bedrooms, 2 bathrooms, private laundry, and a primary suite; Rear residence offers 2 bedrooms, 1 bathroom, patio access, and a private backyard
