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Ranch Duplex-Style Residence

9537 Grandview Avenue Arvada, CO 80002

9537 Grandview Avenue, Arvada, CO, 80002
$625,000
For Sale
$625,000

Ranch home configured as two separate living areas with shared foyer access and private entries.

Property Size2,565 SF
Price / SF$243.66
Days on Market48

Property Features for 9537 Grandview Avenue

General Information

Standard status
Active
Size
2,565 SF
Property subtype
Multi Family

Building Details

Year Built
1976
Listing agency West and Main Homes Inc
Listed by Kendra Lanterman · License #40024843
Source Exitrealty
Added: Jun 4 Updated: Jul 21 at 7:39AM Checked: Jul 21 at 7:39AM

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 West and Main Homes Inc


Investment Insights

Based on property information with market context.

This ranch-style residence is set up to function as one spacious home or as two separate living areas. A shared foyer entry provides private doors to the main level and finished basement. The main level includes three bedrooms, including a primary suite with a 3/4 bath, plus a large kitchen, dining room, family room, sunroom, attached two-car garage, and its own laundry and deck.

The finished basement adds flexibility with a full kitchen, laundry, dining area, family room, two bedrooms, and a 3/4 bath, along with direct access to the spacious backyard. The yard includes a shed and storage space, with room for a garden. The basement is also plumbed for an additional full bath in the laundry room.

Key Highlights

  • Ranch home built in 1976 configured as two separate living areas with shared foyer entry and private doors
  • Main level: 3 bedrooms, including a primary suite with 3/4 bath, plus large kitchen, dining room, family room, and sunroom
  • Main level also includes an attached 2‑car garage, laundry, and a deck

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $50.8k $19.80
− Vacancy −$3.6k −$1.41
EGI $47.2k $18.39
− OpEx −$14.2k −$5.52
NOI $33.0k $12.87
2,565 SF · lease $19.80/SF/yr · vacancy 7.12% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$471.7K
$412.8K – $550.3K (±1% cap)
NOI $33,020 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$434.0K
$379.7K – $506.3K (±1% cap)
NOI $30,379 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$686.0K
$600.2K – $800.3K (±1% cap)
NOI $48,017 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Daycare Center Law Firm Grocery & Convenience Store Carpet & Flooring Store Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Ranch home configured as two separate living areas with shared foyer access and private entries.
Where is this duplex located?
The property is located at 9537 Grandview Avenue Arvada, CO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Ranch home built in 1976 configured as two separate living areas with shared foyer entry and private doors; Main level: 3 bedrooms, including a primary suite with 3/4 bath, plus large kitchen, dining room, family room, and sunroom; Main level also includes an attached 2‑car garage, laundry, and a deck
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