Updated Duplex Half with Private
For Sale
$365,000
Pending
879 S Newton St, Denver, CO 80219
Single-level layout includes a primary suite, fenced backyard, and oversized off-alley parking.
Property Size1,076 SF
Days on Market111
Property Features for 879 S Newton St
General Information
Standard status
Pending
Size
1,076 SF
Total Parking Spaces
1
Property subtype
Duplex
Units
Unit Mix
3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,750
Building Details
Building Size
1,076 SF
Year Built
2007
Stories
1
Listing Agency:
Real Broker, LLC DBA Real
Listed By:
Jolynn Crownover
(303) 565-0670
Source:
Guidere
Added: May 29
Changed: Sep 15
Last Checked: Sep 15 at 11:26AM
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 Real Broker, LLC DBA Real
Investment Insights
Based on property information with market context.
This half-duplex residence, built in 2007, offers three bedrooms and two bathrooms in an open, single-level layout. Updates include fresh interior and exterior paint, new living room flooring, and new bedroom carpet. The light-filled living area features vaulted ceilings, while the kitchen includes stainless steel appliances, a breakfast nook, and patio access. The primary bedroom has an en-suite bathroom and walk-in closet. A spacious washer and dryer area provides additional storage.
The fully fenced private backyard includes low-to-no maintenance turf, a patio, and a storage shed. An oversized parking space is located at the home off the alley. The property is two blocks from Garfield Park, with sports fields, a community pool, fishing at the lake, and open space. The home has no HOA and is located at 879 S. Newton St in Denver.
The fully fenced private backyard includes low-to-no maintenance turf, a patio, and a storage shed. An oversized parking space is located at the home off the alley. The property is two blocks from Garfield Park, with sports fields, a community pool, fishing at the lake, and open space. The home has no HOA and is located at 879 S. Newton St in Denver.
Key Highlights
- Half of a duplex with 3 bedrooms and 2 bathrooms
- Single‑level open layout with vaulted ceilings
- Primary suite with en‑suite bath and walk‑in closet
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
$14,470
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
3.96%
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%
$289,400
$289.4K
Cap Rate 7%
$206,714
$206.7K
Cap Rate 9%
$160,778
$160.8K
Market Conditions
NOI Build-Up for 1,076 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
$28.0K $26.04/SF
− Vacancy
−$1.7K −$1.59/SF
EGI
$26.3K $24.45/SF
− OpEx
−$11.8K −$11.00/SF
NOI
$14.5K $13.45/SF
Area
ZIP 80219
Vacancy
6.10%
Lease Rate
$26.04 /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%
$289,400
Cap Rate 7%
$206,714
Cap Rate 9%
$160,778
Alternative Uses
Best Use
Apartment 5plus
$206.7K
$180.9K – $241.2K
NOI $14,470 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$306.9K
$268.6K – $358.1K
NOI $21,486 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
Explore this area
Business Placement
Demographics for 80219, CO
61,585
Population
21,729
Households
2.8
Avg Household Size
33
Median Age
22%
College-Educated
72%
High-School Grad
7.4 sq mi
ZIP Area
8,322
Density / Sq Mi
$67,325
Median Household Income
$41,153
Median Earnings
$1,464
Median Rent
$426,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Single-level layout includes a primary suite, fenced backyard, and oversized off-alley parking.
Where is this residential income property located?
The property is located at 879 S Newton St Denver, CO.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Half of a duplex with 3 bedrooms and 2 bathrooms; Single‑level open layout with vaulted ceilings; Primary suite with en‑suite bath and walk‑in closet
