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Brick Duplex with Attached Garages

985-995 S Yukon Street, Lakewood, CO 80226

For Sale
$800,000

Both residences include private outdoor areas, covered patios, and full basements.

Property Size2,948 SF
Price / SF$271.37
Days on Market131

Property Features for 985-995 S Yukon Street

General Information

Standard status Active
Size 2,948 SF
Total Parking Spaces 2
Property subtype Duplex

Site & Location

Neighborhood Creighton

Units

Multifamily Units 2
Parking per Unit 1

Taxes and HOA fees

Annual Taxes $4,482

Amenities

full basement
fenced backyard
covered patio

Building Details

Building Size 2,948 SF
Year Built 1968
Buildings 1
Construction brick
Listing Agency: RE/MAX Professionals
Listed By: The Real Estate Experts of Denver
Source: Thedenverexperts
Added: Jun 29 Changed: Nov 6 Last Checked: Nov 6 at 2:09PM

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 RE/MAX Professionals

Rey
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Investment Insights

Based on property information with market context.

This 2,948-square-foot brick duplex, built in 1968, contains two residences. Each has living space, private bedrooms, a full basement, and an attached one-car garage. Fenced backyard space and a covered patio serve each side.

Belmar Park is less than a block away, and Belmar shopping is within walking distance. Major commuter routes, parks, shopping, and employment centers are also nearby.

Key Highlights

  • 2,948‑square‑foot brick duplex built in 1968
  • Two residences, each with a full basement and attached one‑car garage
  • Fenced backyard and covered patio for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,834
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$856,680 $856.7K
Cap Rate 7%
$611,914 $611.9K
Cap Rate 9%
$475,933 $475.9K
Market Conditions
NOI Build-Up for 2,948 SF
Gross rent
$65.4K $22.20/SF
− Vacancy
−$4.3K −$1.44/SF
EGI
$61.2K $20.76/SF
− OpEx
−$18.4K −$6.23/SF
NOI
$42.8K $14.53/SF
Area
Lakewood, 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%
$856,680
Cap Rate 7%
$611,914
Cap Rate 9%
$475,933

Alternative Uses

Best Use
Multifamily LT 5
$611.9K
$535.4K – $713.9K (±1% cap)
NOI $42,834 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$535.6K
$468.7K – $624.9K (±1% cap)
NOI $37,493 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$883.0K
$772.6K – $1.03M (±1% cap)
NOI $61,809 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,286
Businesses Nearby

Demographics for 80226, CO

33,142
Population
14,742
Households
2.2
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
4,092
Density / Sq Mi
$78,466
Median Household Income
$44,640
Median Earnings
$1,738
Median Rent
$547,000
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Jefferson County, CO

$432 Jul
$410 Aug
$380 Sep
$363 Oct

Properties on Market for Duplexes in Jefferson County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences include private outdoor areas, covered patios, and full basements.
Where is this duplex located?
The property is located at 985-995 S Yukon Street Lakewood, CO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,948‑square‑foot brick duplex built in 1968; Two residences, each with a full basement and attached one‑car garage; Fenced backyard and covered patio for each residence
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