Contemporary Duplex with Finished
For Sale
$860,000
9751 E 62nd Dr, Denver, CO 80238
Model-home finishes, multiple ensuite bedrooms, and a fenced outdoor area support flexible residential use.
Property Size3,948 SF
Price / SF$217.83
Days on Market62
Property Features for 9751 E 62nd Dr
General Information
Standard status
Active
Size
3,948 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
1 x 5BR/4.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,658
Amenities
fenced backyard
patio
artificial turf
xeriscaping
gas fireplace
chef-inspired kitchen
spa-inspired bathroom
walk-in closet
covered front porch
electric-vehicle charger
smart-home technology
tankless water heater
energy-efficient construction
finished basement
recreation area
Building Details
Building Size
3,948 SF
Year Built
2021
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices RE of the Rockies
Listed By:
Cameron Racine · License #100084781
(720) 212-6069
Source:
Corken
Added: Aug 14
Changed: Oct 11
Last Checked: Oct 12 at 11:36PM
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 Berkshire Hathaway HomeServices RE of the Rockies
Investment Insights
Based on property information with market context.
Built in 2021, this contemporary duplex property offers more than 3,948 square feet of living space across five bedrooms and four-and-a-half bathrooms. The open interior includes high ceilings, a great room with a gas fireplace, and a kitchen with quartz counters, oversized island, pantry, stainless steel appliances, and a gas cooktop. The main level features a primary suite and an additional ensuite bedroom, while the upper level adds bedrooms, bathrooms, and walk-in closets. A finished basement provides recreation space, another bedroom, and a full bathroom.
Outdoor improvements include an approximately 1,150-square-foot fully fenced backyard with a large patio, artificial turf, and xeriscaping. Additional features include a covered front porch, two-car attached garage, electric-vehicle charger, smart-home technology, tankless water heater, and energy-efficient construction. The property is near parks, trails, pools, shopping, dining, schools, downtown Denver, and Denver International Airport.
Outdoor improvements include an approximately 1,150-square-foot fully fenced backyard with a large patio, artificial turf, and xeriscaping. Additional features include a covered front porch, two-car attached garage, electric-vehicle charger, smart-home technology, tankless water heater, and energy-efficient construction. The property is near parks, trails, pools, shopping, dining, schools, downtown Denver, and Denver International Airport.
Key Highlights
- Built in 2021 with more than 3,948 square feet of living space
- Five bedrooms and four‑and‑a‑half bathrooms, including multiple ensuite bedrooms
- Approximately 1,150‑square‑foot fully fenced backyard with patio, artificial turf, and xeriscaping
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,610
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,200
$1.3M
Cap Rate 7%
$937,286
$937.3K
Cap Rate 9%
$729,000
$729.0K
Market Conditions
NOI Build-Up for 3,948 SF
Gross rent
$99.5K $25.20/SF
− Vacancy
−$5.8K −$1.46/SF
EGI
$93.7K $23.74/SF
− OpEx
−$28.1K −$7.12/SF
NOI
$65.6K $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%
$1,312,200
Cap Rate 7%
$937,286
Cap Rate 9%
$729,000
Alternative Uses
Best Use
Multifamily LT 5
$937.3K
$820.1K – $1.09M
NOI $65,610 @ 7.0% cap · market cap 7.63%
Second Best
Apartment 5plus
$856.4K
$749.3K – $999.1K
NOI $59,945 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,975 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
998
Businesses Nearby
Explore this area
Business Placement
Demographics for 80238, CO
28,937
Population
11,741
Households
2.5
Avg Household Size
34
Median Age
77%
College-Educated
100%
High-School Grad
6.8 sq mi
ZIP Area
4,255
Density / Sq Mi
$166,191
Median Household Income
$90,306
Median Earnings
$2,071
Median Rent
$806,400
Median Home Value
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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 - Model-home finishes, multiple ensuite bedrooms, and a fenced outdoor area support flexible residential use.
Where is this duplex located?
The property is located at 9751 E 62nd Dr Denver, CO.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Built in 2021 with more than 3,948 square feet of living space; Five bedrooms and four‑and‑a‑half bathrooms, including multiple ensuite bedrooms; Approximately 1,150‑square‑foot fully fenced backyard with patio, artificial turf, and xeriscaping
