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 Market184
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: Oct 1
Last Checked: Oct 5 at 10:25PM
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 / Yr
$45,983
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
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
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 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
