Updated Duplex Near Sloan's
For Sale
$240,000
960 Newton Street #A, Denver, CO 80204
Updated duplex near shops, restaurants, and Sloan's Lake.
Property Size756 SF
Days on Market444
Property Features for 960 Newton Street #A
General Information
Standard status
Active
Size
756 SF
Property subtype
Townhouse
Amenities
Forced Air
Central Air
Dishwasher
Disposal
Dryer
Gas Water Heater
Oven
Range
Refrigerator
Washer
Composition
Building Details
Building Size
756 SF
Year Built
1973
Listing Agency:
Keller Williams Realty DTC, LLC
Listed By:
Liz Waldmann · License #04693P
(303) 956-2765
Source:
Kw
Added: Jul 28, 2025
Changed: Sep 29
Last Checked: Oct 12 at 5:26PM
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 Keller Williams Realty DTC, LLC
Investment Insights
Based on property information with market context.
This updated duplex is located close to the shops and restaurants on West Colfax and Sloan's Lake. It features two generously sized bedrooms, an updated kitchen and bathroom, and a spacious living area. New interior paint has been applied throughout the property. Off-street parking is available. There is a front yard that can be fenced. The property is suitable for lower maintenance living or as a possible investment property. It offers easy access to 6th Ave for travel into the mountains and convenient access to I-25. The street dead ends at 6th and 10th, resulting in very little through traffic.
Key Highlights
- Updated kitchen and bathroom
- Two generously sized bedrooms
- Spacious living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,564
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,280
$251.3K
Cap Rate 7%
$179,486
$179.5K
Cap Rate 9%
$139,600
$139.6K
Market Conditions
NOI Build-Up for 756 SF
Gross rent
$19.1K $25.20/SF
− Vacancy
−$1.1K −$1.46/SF
EGI
$17.9K $23.74/SF
− OpEx
−$5.4K −$7.12/SF
NOI
$12.6K $16.62/SF
Area
Denver, CO
Vacancy
5.79%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,280
Cap Rate 7%
$179,486
Cap Rate 9%
$139,600
Alternative Uses
Best Use
Multifamily LT 5
$179.5K
$157.1K – $209.4K
NOI $12,564 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$164.0K
$143.5K – $191.3K
NOI $11,479 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$240.7K
$210.6K – $280.8K
NOI $16,846 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Explore this area
Business Placement
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex near shops, restaurants, and Sloan's Lake.
Where is this duplex located?
The property is located at 960 Newton Street #A Denver, CO.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Updated kitchen and bathroom; Two generously sized bedrooms; Spacious living area
