Rare Wheat Ridge four plex. Just minutes from Denver and convenient access to the foothills and mountain recreation.. This meticulously maintained multifamily property offers a rare owner-occupant opportunity to live in one unit while generating rental income from the others. Built and carefully maintained by the current owner/developer, this income-producing property reflects a level of quality and care that is difficult to find.The four plex features a desirable unit mix with two ranch-style units and two two-story units, appealing to a wide range of tenants. Situated at the end of a quiet cul-de-sac, the property offers a private, residential setting with strong tenant appeal and consistent rental demand. Rents are currently below market, presenting a clear value-add opportunity with future upside potential.
Recent upgrades include updated appliances, (unit A-new A/C 2025) and newer furnaces in each unit, supporting long-term efficiency and reduced maintenance. Separately metered utilities enhance ease of management, while functional layouts further contribute to tenant retention. Interior photos shown are of Unit B and are for reference only. Property is fully occupied; please allow time for coordinated showings.No HOA fees and multiple streams of rental income make this a versatile option for those seeking to offset their mortgage while building long-term wealth. Conveniently located near shopping, dining, parks, and major commuter routes, this property sits in a high-demand rental pocket of the Denver metro area. A rare combination of quality construction, thoughtful design, and long-term livability sets this multifamily property apart.Seller is also offering neighboring duplexes (MLS# 8890147-SOLD) & (MLS# 7935750-AVAILABLE), creating an additional opportunity to expand within the multifamily market. SEE VIRTUAL TOUR FOR ADDITIONAL DETAILS.Located near the Wheat Ridge/Ward RTD G-Line Station and just minutes from light rail.
Property Details
- Interior
- Cathedral Ceiling(s), Open Floorplan, Pantry, Walk-In Closet(s)
- Cooling
- Central Air
- Heating
- Forced Air
- Cooling Features
- Central Air
- Bedrooms
- 11
- Bathrooms
- 10
- Lot Features
- Cul-De-Sac
- Stories
- Bi-Level
- Lot Description
- Cul-De-Sac
- Exterior Materials
- Sprinkler System
- Acres
- 0.347
- Square Feet
- 4789.0
- Lot Size (sqft)
- 15137.0
- Parking Features
- Attached
- Parking Spaces
- 8.0
- Parking Type
- Garage
- Parking Garage Spaces
- 8.0
- Property Type
- Multi-Family
- Basement
- 1
- Basement Description
- Crawl Space
- Year Built
- 1997
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- City
- Utility Features
- Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas
- Appliances
- Dishwasher, Refrigerator, Microwave, Disposal, Fire Alarm
- Subdivision
- Fruitdale
- School District
- Jefferson Dist R-1
- Elementary School
- Stevens
- Middle School
- Everitt
- High School
- Wheat Ridge
- County
- Jefferson
- Region
- Wheat Ridge
- Original List Price
- $1,600,000
- Taxes Annual
- $6,942
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Provided By
Listed by Darla Stout (#IRE04743N)
Listing Office: Keller Williams Advantage Realty LLC (#IRE400025875)
