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Three-Bedroom Duplex with Rooftop Deck

838 Cherry St 1, Denver, CO 80220

For Sale
$739,999

A fenced yard, detached garage, and private outdoor areas complement the three-bedroom, three-bath layout.

Property Size1,777 SF
Price / SF$416.43
Days on Market27

Property Features for 838 Cherry St 1

General Information

Standard status Active
Size 1,777 SF
Total Parking Spaces 1
Property subtype Duplex

Site & Location

Neighborhood Hale

Units

Unit Mix 1 x 3BR/3BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $704

Amenities

rooftop deck
private balcony
fenced yard

Building Details

Building Size 1,777 SF
Year Built 2025
Listing Agency: Resolute, Inc.
Listed By: Jack Rohr · License CO ER100067283
Source: Guidere
Added: Oct 20 Changed: Nov 14 Last Checked: Nov 14 at 1:40PM

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.

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Investment Insights

Based on property information with market context.

Completed in 2025, this 1,777-square-foot duplex has three bedrooms and three bathrooms. Its open living plan includes a modern kitchen, while the primary suite occupies a full floor and features a walk-in closet, private balcony, and spa-style bathroom. Outdoor areas include a rooftop deck with mountain views and a fenced yard; a detached one-car garage is also part of the property. No HOA fees apply.

The property is two blocks from the 9th & Co development and near Trader Joe’s, Cava, Postino, and Frank & Rose Coffee Co. Cherry Creek, Rose Medical Center, and downtown Denver are also described as minutes away.

Key Highlights

  • Built in 2025 with 1,777 square feet of living space
  • Three bedrooms and three bathrooms
  • Full‑floor primary suite with walk‑in closet, private balcony, and spa‑style bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,981
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,620 $539.6K
Cap Rate 7%
$385,443 $385.4K
Cap Rate 9%
$299,789 $299.8K
Market Conditions
NOI Build-Up for 1,777 SF
Gross rent
$52.2K $29.40/SF
− Vacancy
−$3.2K −$1.79/SF
EGI
$49.1K $27.61/SF
− OpEx
−$22.1K −$12.42/SF
NOI
$27.0K $15.18/SF
Area
Denver, CO
Vacancy
6.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,620
Cap Rate 7%
$385,443
Cap Rate 9%
$299,789

Alternative Uses

Best Use
Apartment 5plus
$385.4K
$337.3K – $449.7K (±1% cap)
NOI $26,981 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$565.7K
$495.0K – $660.0K (±1% cap)
NOI $39,598 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

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

Market

Average Price Trend$/SF for Residential income properties in Denver, CO

$321 Jul
$334 Aug
$349 Sep
$353 Oct

Properties on Market for Residential income properties in Denver

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A fenced yard, detached garage, and private outdoor areas complement the three-bedroom, three-bath layout.
Where is this residential income property located?
The property is located at 838 Cherry St 1 Denver, CO.
What is the asking price?
The asking price for this property is $739,999.
What are key features of this property?
This property features: Built in 2025 with 1,777 square feet of living space; Three bedrooms and three bathrooms; Full‑floor primary suite with walk‑in closet, private balcony, and spa‑style bathroom
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