$785,000
$830,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,588 SqFt
SOLD DATE : 10/06/2025
Key Details
Sold Price $785,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,588 sqft
Price per Sqft $218
Subdivision Brookside
MLS Listing ID 8504297
Sold Date 10/06/25
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 3,588
Year Built 1967
Annual Tax Amount $4,519
Tax Year 2024
Lot Size 8,538 Sqft
Acres 0.2
Property Sub-Type Quadruplex
Source recolorado
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.
Location
State CO
County Jefferson
Interior
Heating Baseboard
Cooling Air Conditioning-Room
Flooring Carpet, Laminate
Fireplace N
Laundry Common Area
Exterior
Utilities Available Cable Available, Electricity Available
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Wood Siding
Schools
Elementary Schools Prospect Valley
Middle Schools Everitt
High Schools Wheat Ridge
School District Jefferson County R-1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Integrity Real Estate LLC
GET MORE INFORMATION
Broker - Owner | Lic# ER 40015768