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Duplex With Private Yards
For Sale
$799,950

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 Market122

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
Source: Eliselosassore
Added: Apr 6 Changed: Aug 2 Last Checked: Aug 5 at 4:29AM

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.

Key Highlights

  • Two‑unit duplex with matching layouts
  • Each side has 3 bedrooms and 2 baths
  • Appliances included in both residences

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $70.7k $19.80
− Vacancy −$5.0k −$1.41
EGI $65.7k $18.39
− OpEx −$19.7k −$5.52
NOI $46.0k $12.87
3,572 SF · lease $19.80/SF/yr · vacancy 7.12% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$656.9K
$574.8K – $766.4K (±1% cap)
NOI $45,983 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$604.4K
$528.8K – $705.1K (±1% cap)
NOI $42,306 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$955.3K
$835.9K – $1.11M (±1% cap)
NOI $66,868 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Law Firm Food Market Grocery & Convenience Store Nail Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,115
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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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 $799,950.
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
More about this property
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