Half-Duplex Residential Income
For Sale
$650,000
8672 W 49th Pl, Arvada, CO 80002
Three-bedroom Arvada residence with multiple living levels, two decks, and an attached garage.
Property Size2,400 SF
Days on Market67
Property Features for 8672 W 49th Pl
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,370
Building Details
Building Size
2,400 SF
Year Built
2021
Buildings
1
Listing Agency:
Redfin Corporation
Listed By:
Heather Clayton
(303) 880-1668
Source:
Corken
Added: Jun 30
Changed: Aug 31
Last Checked: Sep 2 at 12:25AM
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 Redfin Corporation
Investment Insights
Based on property information with market context.
Built in 2021, this half-duplex offers a multi-level residential layout with three bedrooms, a main-floor primary suite, and two and a half bathrooms. The main level includes a living room with fireplace, dining area, and kitchen finished with quartz countertops, stainless steel appliances, vaulted ceilings, a central island, and an integrated cooktop. Sliding doors connect the living and dining areas to a deck, while the primary suite includes a walk-in closet and 5-piece ensuite bath.
A separate laundry room with utility sink and a media room occupy the intermediate level, with the media room opening to a second private deck. Two additional bedrooms and a full bathroom are located on the upper level. Additional features include an attached 2-car garage and a walk-through crawl space. The property is located in Arvada’s Dover neighborhood near Costco, In-N-Out Burger, and Olde Town Arvada.
A separate laundry room with utility sink and a media room occupy the intermediate level, with the media room opening to a second private deck. Two additional bedrooms and a full bathroom are located on the upper level. Additional features include an attached 2-car garage and a walk-through crawl space. The property is located in Arvada’s Dover neighborhood near Costco, In-N-Out Burger, and Olde Town Arvada.
Key Highlights
- Half‑duplex residential income property built in 2021
- Three bedrooms with a main‑floor primary suite
- Kitchen with quartz countertops, stainless steel appliances, vaulted ceilings, and central island
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,425
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$568,500
$568.5K
Cap Rate 7%
$406,071
$406.1K
Cap Rate 9%
$315,833
$315.8K
Market Conditions
NOI Build-Up for 2,400 SF
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.
Gross rent
$55.9K $23.28/SF
− Vacancy
−$4.2K −$1.75/SF
EGI
$51.7K $21.53/SF
− OpEx
−$23.3K −$9.69/SF
NOI
$28.4K $11.84/SF
Area
Arvada, CO
Vacancy
7.50%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$568,500
Cap Rate 7%
$406,071
Cap Rate 9%
$315,833
Alternative Uses
Best Use
Apartment 5plus
$406.1K
$355.3K – $473.8K
NOI $28,425 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$641.8K
$561.6K – $748.8K
NOI $44,928 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Demographics for 80002, CO
20,267
Population
9,960
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
6.5 sq mi
ZIP Area
3,118
Density / Sq Mi
$92,827
Median Household Income
$55,044
Median Earnings
$1,733
Median Rent
$538,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom Arvada residence with multiple living levels, two decks, and an attached garage.
Where is this residential income property located?
The property is located at 8672 W 49th Pl Arvada, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Half‑duplex residential income property built in 2021; Three bedrooms with a main‑floor primary suite; Kitchen with quartz countertops, stainless steel appliances, vaulted ceilings, and central island
