Duplex with Attached
For Sale
$358,000
9309 Jackson St, Thornton, CO 80229
Well-maintained duplex featuring a covered porch, deck, fenced yard, and updated interior finishes.
Property Size1,400 SF
Days on Market128
Property Features for 9309 Jackson St
General Information
Standard status
Active
Size
1,400 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,736
Building Details
Building Size
1,400 SF
Year Built
2001
Buildings
1
Stories
2
Listing Agency:
Jason Mitchell Real Estate Colorado, LLC
Listed By:
Tanya Vidal · License #5517432
(720) 427-7619
Source:
Corken
Added: Apr 28
Changed: Sep 1
Last Checked: Sep 1 at 8:58PM
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 Jason Mitchell Real Estate Colorado, LLC
Investment Insights
Based on property information with market context.
This well-maintained duplex includes an attached two-car garage, covered front porch, deck, and fully fenced backyard. The interior has an open-concept main level with a great room, dining area, kitchen, and half bath. Granite countertops and stainless steel appliances serve the kitchen, while an upstairs primary suite includes an updated full bathroom and walk-in closet. Two additional bedrooms, another updated full bath, and a large laundry room complete the upper level.
Built in 2001, the property is located at 9309 Jackson St in Thornton, Colorado. The property information notes convenient access to light rail and connectivity to Denver and Boulder. Outdoor areas include the covered entry porch, deck, and fenced backyard.
Built in 2001, the property is located at 9309 Jackson St in Thornton, Colorado. The property information notes convenient access to light rail and connectivity to Denver and Boulder. Outdoor areas include the covered entry porch, deck, and fenced backyard.
Key Highlights
- 9309 Jackson St, Thornton, CO 80229
- Built in 2001
- Attached 2‑car garage
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
$20,827
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
5.82%
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%
$416,540
$416.5K
Cap Rate 7%
$297,529
$297.5K
Cap Rate 9%
$231,411
$231.4K
Market Conditions
NOI Build-Up for 1,400 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
$31.1K $22.20/SF
− Vacancy
−$1.3K −$0.95/SF
EGI
$29.8K $21.25/SF
− OpEx
−$8.9K −$6.38/SF
NOI
$20.8K $14.88/SF
Area
ZIP 80229
Vacancy
4.27%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
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%
$416,540
Cap Rate 7%
$297,529
Cap Rate 9%
$231,411
Alternative Uses
Best Use
Multifamily LT 5
$297.5K
$260.3K – $347.1K
NOI $20,827 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$273.6K
$239.4K – $319.2K
NOI $19,149 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$425.0K
$371.9K – $495.8K
NOI $29,748 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
Business Placement
Demographics for 80229, CO
54,153
Population
20,130
Households
2.7
Avg Household Size
33
Median Age
20%
College-Educated
79%
High-School Grad
12.5 sq mi
ZIP Area
4,332
Density / Sq Mi
$83,450
Median Household Income
$42,198
Median Earnings
$1,719
Median Rent
$382,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex featuring a covered porch, deck, fenced yard, and updated interior finishes.
Where is this duplex located?
The property is located at 9309 Jackson St Thornton, CO.
What is the asking price?
The asking price for this property is $358,000.
What are key features of this property?
This property features: 9309 Jackson St, Thornton, CO 80229; Built in 2001; Attached 2‑car garage
