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Newly Built 2-Unit Duplex
For Sale
$1,474,998

826 N Cherry Street Unit 1, Denver, CO 80220

Fully leased duplex with modern finishes, rooftop decks, fenced yards, and detached garages.

Property Size3,527 SF
Price / SF$418.20
Days on Market55

Property Features for 826 N Cherry Street Unit 1

General Information

Standard status Active
Size 3,527 SF
Total Parking Spaces 2
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 3BR/3BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $704

Amenities

rooftop decks
private fenced yards

Building Details

Building Size 3,527 SF
Year Built 2025
Tenancy Multi
Listing Agency: Resolute, Inc.
Listed By: Jack Rohr · License #ER100067283
Source: Zencasarealty
Added: Aug 14 Changed: Oct 5 Last Checked: Oct 7 at 2:53PM

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 Resolute, Inc.

Investment Insights

Based on property information with market context.

Completed in 2025, this duplex contains two separate residences totaling approximately 3,527 square feet. The front unit measures 1,777 square feet and the rear unit measures 1,750 square feet. Each residence provides three bedrooms, three bathrooms, an open-concept plan, abundant natural light, and a full-floor primary suite with a spa-inspired bathroom, walk-in closet, and private balcony. Rooftop decks, fenced outdoor areas, detached one-car garages, and modern finishes add to the property’s functionality. There are no HOA fees.

The property is located at 826 N Cherry Street in Denver’s central area, two blocks from the 9th & Co development. Nearby destinations identified for the property include Trader Joe’s, Cava, Postino, Frank & Roze Coffee Co., Rose Medical Center, Cherry Creek, and downtown Denver. The duplex is offered subject to existing leases.

Key Highlights

  • Two‑unit duplex totaling approximately 3,527 square feet
  • Front residence: 1,777 square feet; rear residence: 1,750 square feet
  • Each unit includes 3 bedrooms and 3 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,614
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,172,280 $1.2M
Cap Rate 7%
$837,343 $837.3K
Cap Rate 9%
$651,267 $651.3K
Market Conditions
NOI Build-Up for 3,527 SF
Gross rent
$88.9K $25.20/SF
− Vacancy
−$5.1K −$1.46/SF
EGI
$83.7K $23.74/SF
− OpEx
−$25.1K −$7.12/SF
NOI
$58.6K $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%
$1,172,280
Cap Rate 7%
$837,343
Cap Rate 9%
$651,267

Alternative Uses

Best Use
Multifamily LT 5
$837.3K
$732.7K – $976.9K (±1% cap)
NOI $58,614 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$765.0K
$669.4K – $892.6K (±1% cap)
NOI $53,553 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$1.12M
$982.4K – $1.31M (±1% cap)
NOI $78,594 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Food Market Hair Salon Big Box & Wholesale Store Nail Salon Building Supply Electrical Service

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,865
Businesses Nearby

Demographics for 80220, CO

37,233
Population
17,675
Households
2.1
Avg Household Size
37
Median Age
66%
College-Educated
94%
High-School Grad
5.2 sq mi
ZIP Area
7,160
Density / Sq Mi
$101,961
Median Household Income
$61,568
Median Earnings
$1,621
Median Rent
$739,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully leased duplex with modern finishes, rooftop decks, fenced yards, and detached garages.
Where is this duplex located?
The property is located at 826 N Cherry Street Unit 1 Denver, CO.
What is the asking price?
The asking price for this property is $1,474,998.
What are key features of this property?
This property features: Two‑unit duplex totaling approximately 3,527 square feet; Front residence: 1,777 square feet; rear residence: 1,750 square feet; Each unit includes 3 bedrooms and 3 bathrooms
More about this property
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