3760 Owens Street, Wheat Ridge, CO 80033
- $785,000
- 8
- BD
- 4
- BA
- 3,588
- SqFt
- Sold Price
- $785,000
- List Price
- $830,000
- Closing Date
- Oct 06, 2025
- Type
- Multifamily
- Property Sub Type
- Quadruplex
- Status
- CLOSED
- MLS Number
- 8504297
- Bedrooms
- 8
- Bathrooms
- 4
- Sqft Total
- 3,588
- Neighborhood
- Brookside
- Year Built
- 1967
Property Description
Fully leased 4-plex in the heart of well established Applewood area of Wheat Ridge, across the street from a charming park and just off Kipling and 38th. This property is ideally positioned south of I70, just minutes from Downtown Denver or Golden. Priced at $830,000, this fully leased value-add opportunity features four 2BR/1BA units, plentiful off street parking in designated lot, and additional income from laundry and utility reimbursements (RUBS). Currently producing a 5.57% cap rate. Could use light renovations but running smoothly as is and any future updates could be handled minimally, during next turns. Local demographics and the central location with proximity to all major thoroughfares provide this property's long term value and rental demand. Surrounding residential area has experienced a major rejuvenation and modern development with high end SFRs. Investors should jump at this rare multifamily opportunity in this highly desirable, growth-oriented corridor.
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Additional Information
- Lot Size Acres
- 0.2
- Lot Size Sq Ft
- 8,538
- Tax Amount
- $4,519
- Tax Year
- 2024
- Sewer
- Public Sewer
- Flooring
- Carpet, Laminate
- Heating
- Baseboard
- Cooling
- Air Conditioning-Room
- School District
- Jefferson County R-1
- Elementary School
- Prospect Valley
- Middle Or Junior School
- Everitt
- High School
- Wheat Ridge
- Parking Total Searchable
- 4
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Courtesy of Atlas Real Estate Group . kelly.taylorblakesley@realatlas.com,720-383-8708
Selling Office: Keller Williams Integrity Real Estate LLC.