Duplex with Attached
8969 Everett Cir, Westminster, CO 80021
For Sale
$439,000
Two residences connect through the garages while keeping the living areas separate.
Property Size1,372 SF
Days on Market51
Property Features for 8969 Everett Cir
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Road Access
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
wood-burning fireplace
granite countertops
updated bathrooms
main-level laundry
washer/dryer
backyard patio
Building Details
Building Size
Year Built
Listing Agency:
MB Bellissimo Homes
Listed By:
Craig Hoover · License #100071001
(720) 318-5881
Source:
Corken
Added: Sep 17
Changed: Oct 31
Last Checked: Nov 6 at 6:16PM
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 MB Bellissimo Homes
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Investment Insights
Based on property information with market context.
Built in 1980, this duplex includes two residences joined at the garages rather than through shared living walls. Interior features include a vaulted living room ceiling, wood-burning fireplace, granite kitchen countertops, ample cabinetry, and included kitchen appliances. Updated bathrooms and main-level laundry add practical convenience, with the washer and dryer included.
Each residence has access to outdoor space, including a backyard patio and additional area suitable for gardening, pets, or seating. The attached one-car garage faces south. An adjacent common area provides a more open setting, while a concrete path and bridge lead toward the neighborhood park to the north. The property is in Westminster near shopping, restaurants, parks, and everyday conveniences. HOA fees are also noted as low.
Each residence has access to outdoor space, including a backyard patio and additional area suitable for gardening, pets, or seating. The attached one-car garage faces south. An adjacent common area provides a more open setting, while a concrete path and bridge lead toward the neighborhood park to the north. The property is in Westminster near shopping, restaurants, parks, and everyday conveniences. HOA fees are also noted as low.
Key Highlights
- Two residences connected through the garages without shared living walls
- Built in 1980 with updated bathrooms
- Vaulted living room ceiling and wood‑burning fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,935
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,700
$398.7K
Cap Rate 7%
$284,786
$284.8K
Cap Rate 9%
$221,500
$221.5K
Market Conditions
NOI Build-Up for 1,372 SF
Gross rent
$30.5K $22.20/SF
− Vacancy
−$2.0K −$1.44/SF
EGI
$28.5K $20.76/SF
− OpEx
−$8.5K −$6.23/SF
NOI
$19.9K $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%
$398,700
Cap Rate 7%
$284,786
Cap Rate 9%
$221,500
Alternative Uses
Best Use
Multifamily LT 5
$284.8K
$249.2K – $332.3K
NOI $19,935 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$252.0K
$220.5K – $294.0K
NOI $17,638 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$401.0K
$350.9K – $467.9K
NOI $28,071 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 80021, CO
36,176
Population
17,353
Households
2.1
Avg Household Size
36
Median Age
53%
College-Educated
98%
High-School Grad
16.5 sq mi
ZIP Area
2,192
Density / Sq Mi
$105,645
Median Household Income
$59,947
Median Earnings
$2,054
Median Rent
$530,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences connect through the garages while keeping the living areas separate.
Where is this duplex located?
The property is located at 8969 Everett Cir Westminster, CO.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two residences connected through the garages without shared living walls; Built in 1980 with updated bathrooms; Vaulted living room ceiling and wood‑burning fireplace
