Cherry Street Duplex
Multifamily | 2 Units | $760,000/unit
Marketing description
Cherry Street Duplex represents a rare opportunity to acquire a fully stabilized, newly constructed income-producing asset in one of Denver's most supply-constrained infill neighborhoods. The offering consists of a single architecturally designed duplex building with two generously sized units at 828 Cherry Street, Denver, CO 80220 — delivered December 2025 and 100% occupied at closing.
The duplex features a front unit at 1,770 SF and a rear unit at 1,750 SF, delivering townhome-scale living rarely found in the multifamily rental market. Units are finished to a Class A standard with open-concept living areas, designer kitchens with quartz countertops and integrated appliances, spa-inspired bathrooms with freestanding soaking tubs, and wide-plank flooring throughout. Select units feature private front and rear yards, creating a pet-friendly environment that commands premium rents and drives tenant retention.
Standout amenity features include individual rooftop decks with panoramic views, providing a lifestyle offering typically reserved for luxury condominiums. As a newly constructed asset, the building carries zero deferred maintenance and benefits from builder warranties, significantly reducing near-term capital expenditure requirements.
Investment highlights
- Newly constructed 2025 — zero deferred maintenance, builder warranties in place
- 100% occupied at closing — no lease-up risk, immediate cash flow from day one
- Townhome-scale units (1,750–1,770 SF) — premium size drives rent and retention
- Rooftop decks and private yards — lifestyle amenity typically found in for-sale product
- Prime 80220 infill location — Cherry Creek, Rose Medical, 9th & Co demand drivers
- Proforma 23.79% levered IRR over 5-year hold at 65% LTV / 6.00% interest rate
- Strong 1031 exchange fit — new construction, stabilized income, clear exit story
- Ideal for private capital buyers — sub-$2M entry, minimal management complexity
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?


















