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Two-Level Duplex with Mountain Views
For Sale
$589,990

8670 Julian St, Westminster, CO 80031

Model-home leaseback includes a covered porch, kitchen, great room, upstairs bedrooms, and three bathrooms.

Property Size1,535 SF
Days on Market52

Property Features for 8670 Julian St

General Information

Standard status Active
Size 1,535 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $5,400

Building Details

Building Size 1,535 SF
Year Built 2026
Stories 2
Listing Agency: DFH Colorado Realty LLC
Listed By: Batey McGraw · License #100068484
Source: Corken
Added: Sep 2 Changed: Oct 16 Last Checked: Oct 23 at 2:05PM

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 DFH Colorado Realty LLC

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Investment Insights

Based on property information with market context.

This duplex is designed across two levels with a practical residential layout. The main floor combines a kitchen, great room, powder bath, and access to a covered front porch. Bedrooms are located upstairs, including a primary suite, along with two full bathrooms and a dedicated laundry room. Mountain views extend from the front porch, adding an outdoor feature to the home’s design.

The property is located at 8670 Julian St in Westminster, CO 80031. It is identified as a model home with a leaseback arrangement and has a 2026 year built designation.

Key Highlights

  • Duplex layout arranged across two levels
  • Model‑home leaseback arrangement
  • Covered front porch with mountain views

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,303
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,060 $446.1K
Cap Rate 7%
$318,614 $318.6K
Cap Rate 9%
$247,811 $247.8K
Market Conditions
NOI Build-Up for 1,535 SF
Gross rent
$34.1K $22.20/SF
− Vacancy
−$2.2K −$1.44/SF
EGI
$31.9K $20.76/SF
− OpEx
−$9.6K −$6.23/SF
NOI
$22.3K $14.53/SF
Area
Westminster, CO
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,060
Cap Rate 7%
$318,614
Cap Rate 9%
$247,811

Alternative Uses

Best Use
Multifamily LT 5
$318.6K
$278.8K – $371.7K (±1% cap)
NOI $22,303 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$281.9K
$246.7K – $328.9K (±1% cap)
NOI $19,734 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$448.7K
$392.6K – $523.4K (±1% cap)
NOI $31,406 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby

Demographics for 80031, CO

37,254
Population
15,377
Households
2.4
Avg Household Size
39
Median Age
44%
College-Educated
89%
High-School Grad
8.4 sq mi
ZIP Area
4,435
Density / Sq Mi
$106,244
Median Household Income
$56,470
Median Earnings
$1,911
Median Rent
$499,200
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

Frequently Asked Questions

What type of property is this?
Duplex - Model-home leaseback includes a covered porch, kitchen, great room, upstairs bedrooms, and three bathrooms.
Where is this duplex located?
The property is located at 8670 Julian St Westminster, CO.
What is the asking price?
The asking price for this property is $589,990.
What are key features of this property?
This property features: Duplex layout arranged across two levels; Model‑home leaseback arrangement; Covered front porch with mountain views
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