What are good locations to buy a duplex in Denver area?

[Roman Puzey]

Hello, we already have a property that we own, we are using a HELOC as down payment for the duplex/multi-family home but we are using the FHA loan to finance it, I am wondering if there are any specific locations are better for buying a duplex than others

[Tanner Pile]

Hi Roman, 

I like west of I25 due to the lack of supply in this area. New construction is limited due to the mountains so the value of these properties will have a higher demand as well as people wanting to rent closer to the mountains and downtown. 

Another thing to consider is what your price point is and what you're looking for in cash flow. 

In Colorado Springs most multifamily properties are on the westside and around the $500k-700k price point on avg. Which can be great if your budget is not able to purchase in a quality area of Denver.