$850,000

Estimated payment $4,801/month

Total Views 1,927
8 Beds
4 Baths
3,550 Sq Ft
$239 Price per Sq Ft

Highlights

  • No HOA
  • Carpet
  • 2-minute walk to England Park
  • Laundry Facilities

About This Home

Prime 4-Unit Investment Property - Strong Cash Flow - Excellent investment opportunity in a well-maintained property offering solid returns in the desirable Central Westminster area, short distance to downtown Denver and major employment corridors. Current rent roll includes one unit at $1,435, two at $1,425, and one legacy tenant at $1,125, presenting immediate upside potential. The property benefits from recent capital improvements including a brand new water heater, professionally cleaned sewer line, parking lot asphalt repairs, and recently passed annual city inspection, along with newer roof and updated decks throughout. The building has been well-maintained with units receiving ongoing upkeep and selective improvements, while still offering opportunity for additional updates to capture premium market rents (plus laundry income). Conveniently located near Westminster Station for RTD rail access, Hidden Lake Shopping Center, Westminster Plaza, and with easy access to I-25 and US-36 connecting to Boulder, Denver, and the greater metro area. This turnkey property requires minimal immediate attention and offers multiple value creation opportunities, making it ideal for investors seeking stable cash flow with manageable operations and future upside potential.

Listing Agent

Joshua Steck

Compass - Denver Brokerage Phone: 303-885-3934 License #100006497 Listed on: 01/20/2026

Compass - Denver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,067

Year Built

  • Built in 1962

Lot Details

  • 7,814 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Harris Park Elementary School
  • Ranum Middle School
  • Westminster High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Exclusions: Tenant's Personal Property
  • Assessor Parcel Number R0100879

Community Details

Overview

  • No Home Owners Association
  • Plaza Park Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $25,186

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,067

Year Built

Built in 1962

Lot Details

7,814 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 3550
  • Below Grade Sq Ft: 228
  • Exclusions: Tenant's Personal Property
  • Living Area: 3550
  • Directions: GPS
  • SubdivisionName: Plaza Park
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_RVSpaces: 0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Linoleum
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 8

Exterior Features

  • Foundation Details: Slab
  • Roof: Other
  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 25186

Schools

  • Middle Or Junior School: Ranum

Lot Info

  • Parcel Number: R0100879
  • Lot Size Acres: 0.18
  • Building Area Total: 3778
  • Lot Size Sq Ft: 7814

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5067

MLS Schools

  • Elementary School: Harris Park
  • High School: Westminster

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,067 $56,150 $4,250 $51,900
2024 $5,067 $51,610 $3,910 $47,700
2023 $5,025 $56,550 $2,640 $53,910
2022 $5,118 $50,410 $2,660 $47,750
2021 $5,387 $50,410 $2,660 $47,750
2020 $5,105 $49,640 $2,790 $46,850
2019 $5,096 $49,640 $2,790 $46,850
2018 $3,473 $33,630 $2,810 $30,820
2017 $2,960 $33,630 $2,810 $30,820
2016 $2,124 $22,700 $3,110 $19,590
2015 $2,121 $22,700 $3,110 $19,590
2014 -- $22,340 $3,110 $19,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2026 01/20/26 For Sale $850,000 -- $239 / Sq Ft
Source: REcolorado®

Source: REcolorado®

MLS Number: 5074089

REcolorado®
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