Duplex With Private
For Sale
$775,000
8090 Chase Drive, Arvada, CO 80003
Two matching residences offer three bedrooms, two baths, appliances, and attached garage parking on each side.
Property Size3,572 SF
Days on Market167
Property Features for 8090 Chase Drive
General Information
Standard status
Active
Size
3,572 SF
Total Parking Spaces
2
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$3,928
Building Details
Building Size
3,572 SF
Year Built
1979
Tenancy
Multi
Listing Agency:
RE/MAX Alliance
Listed By:
Rich Smith · License #716575
(303) 877-1273
Source:
Eliselosassore
Added: Apr 6
Changed: Sep 15
Last Checked: Sep 19 at 10:28AM
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 RE/MAX Alliance
Investment Insights
Based on property information with market context.
Built in 1979, this duplex features two residences with the same layout. Each side includes three bedrooms, two bathrooms, a full appliance package, a private yard, and a one-car attached garage. The matching configuration provides consistent features across both units.
The property is near shopping and bus routes in Arvada, offering access to everyday retail and public transportation. Both residences are presented with comparable layouts and amenities.
The property is near shopping and bus routes in Arvada, offering access to everyday retail and public transportation. Both residences are presented with comparable layouts and amenities.
Key Highlights
- Two‑unit duplex with matching layouts
- Each side has 3 bedrooms and 2 baths
- Appliances included in both residences
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
$45,983
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
5.93%
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%
$919,660
$919.7K
Cap Rate 7%
$656,900
$656.9K
Cap Rate 9%
$510,922
$510.9K
Market Conditions
NOI Build-Up for 3,572 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
$70.7K $19.80/SF
− Vacancy
−$5.0K −$1.41/SF
EGI
$65.7K $18.39/SF
− OpEx
−$19.7K −$5.52/SF
NOI
$46.0K $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%
$919,660
Cap Rate 7%
$656,900
Cap Rate 9%
$510,922
Alternative Uses
Best Use
Multifamily LT 5
$656.9K
$574.8K – $766.4K
NOI $45,983 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$604.4K
$528.8K – $705.1K
NOI $42,306 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$955.3K
$835.9K – $1.11M
NOI $66,868 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,115
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences offer three bedrooms, two baths, appliances, and attached garage parking on each side.
Where is this duplex located?
The property is located at 8090 Chase Drive Arvada, CO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑unit duplex with matching layouts; Each side has 3 bedrooms and 2 baths; Appliances included in both residences
