Brick Duplex with Attached
985 S Yukon St, Lakewood, CO 80226
For Sale
$800,000
Two residences feature private basements, attached garages, and fenced outdoor areas.
Property Size3,248 SF
Price / SF$246.31
Days on Market19
Property Features for 985 S Yukon St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Units
Multifamily Units
Parking per Unit
Taxes and HOA fees
Annual Taxes
Amenities
covered patio
fenced backyard
Partially Finished
4
6
Assessor
1624
Fenced
House Faces East
City
13939
1 Space/Unit
2
0.32
No
Attached
3248
Building Details
Building Size
Year Built
Construction
Listing Agency:
(970) 594-9228
Listed By:
Natalie Pierson
Source:
Focalrealestategroup
Added: Oct 19
Changed: Nov 6
Last Checked: Nov 6 at 3:23PM
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 Natalie Pierson
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Investment Insights
Based on property information with market context.
This brick duplex contains 3,248 square feet and was built in 1968. Each side has a private bedroom, full basement, attached one-car garage, fenced backyard, and covered patio. The property is zoned R-2.
Belmar Park is less than a block away, and Belmar shopping is within walking distance. The property is also described as near commuter routes, shopping, parks, and employment centers.
Belmar Park is less than a block away, and Belmar shopping is within walking distance. The property is also described as near commuter routes, shopping, parks, and employment centers.
Key Highlights
- 3,248‑square‑foot duplex built in 1968
- R‑2 zoning
- Attached one‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,193
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$943,860
$943.9K
Cap Rate 7%
$674,186
$674.2K
Cap Rate 9%
$524,367
$524.4K
Market Conditions
NOI Build-Up for 3,248 SF
Gross rent
$72.1K $22.20/SF
− Vacancy
−$4.7K −$1.44/SF
EGI
$67.4K $20.76/SF
− OpEx
−$20.2K −$6.23/SF
NOI
$47.2K $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%
$943,860
Cap Rate 7%
$674,186
Cap Rate 9%
$524,367
Alternative Uses
Best Use
Multifamily LT 5
$674.2K
$589.9K – $786.6K
NOI $47,193 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$590.1K
$516.4K – $688.5K
NOI $41,309 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$972.8K
$851.2K – $1.13M
NOI $68,099 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
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Business Placement
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
$547,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Jefferson County, CO
Properties on Market for Duplexes in Jefferson County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences feature private basements, attached garages, and fenced outdoor areas.
Where is this duplex located?
The property is located at 985 S Yukon St 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: 3,248‑square‑foot duplex built in 1968; R‑2 zoning; Attached one‑car garage for each unit
