7705 W 61st Ave Arvada, CO 80004
Olde Town Arvada NeighborhoodEstimated payment $5,554/month
Highlights
- No Units Above
- No HOA
- 1-Story Property
- Private Yard
- Patio
- Forced Air Heating System
About This Home
Seize a rare opportunity to own a high-performing, ranch-style quadplex just over a 10-minute walk north of Olde Town Arvada. This prime location offers tenants unparalleled access to the city’s best dining, boutiques, and the G-Line Light Rail for a seamless Denver commute. The property consists of four 2-bed, 1-bath units generating a combined gross monthly income of $7,075 (an impressive 6.70% Proforma CAP Rate). Each unit offers a combination of highly desirable features including individually fenced in backyards, two off-street parking spots (8 total), W/D in unit, dishwasher, and an AC wall unit. Each unit has a separate furnace and hot water heater and is metered for gas and electric individually. Two newer furnaces, many recently updated appliances, and Unit #7745 has been fully renovated with modern LVP flooring and updated finishes. Don’t miss this stabilized asset in a high-demand submarket. Contact the listing agent today for the current rent roll, the full Offering Memorandum, and to schedule a private tour.
Listing Agent
MODUS Real Estate Brokerage Email: prampi@moduscommercial.com,720-935-2184 License #100055927 Listed on: 01/14/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,587
Year Built
- Built in 1959
Lot Details
- No Units Above
- No Units Located Below
- Private Yard
Parking
- 8 Parking Spaces
Home Design
- Quadruplex
- Brick Exterior Construction
- Frame Construction
- Composition Roof
Interior Spaces
- 3,096 Sq Ft Home
- 1-Story Property
- Laundry in unit
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Schools
- Lawrence Elementary School
- Arvada K-8 Middle School
- Arvada High School
Additional Features
- Patio
- Ground Level
- Forced Air Heating System
Listing and Financial Details
- Exclusions: Tenant's personal property
- The owner pays for trash collection, water
- Assessor Parcel Number 010773
Community Details
Overview
- No Home Owners Association
- Olde Town Arvada Subdivision
Building Details
- Operating Expense $22,755
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $4,593 | $47,353 | $13,716 | $33,637 |
| 2023 | $4,593 | $47,353 | $13,716 | $33,637 |
| 2022 | $3,676 | $37,536 | $8,005 | $29,531 |
| 2021 | $3,819 | $39,468 | $8,417 | $31,051 |
| 2020 | $3,312 | $34,320 | $8,417 | $25,903 |
| 2019 | $3,267 | $34,320 | $8,417 | $25,903 |
| 2018 | $2,820 | $28,800 | $7,370 | $21,430 |
| 2017 | $2,581 | $28,800 | $7,370 | $21,430 |
| 2016 | $2,312 | $24,301 | $6,073 | $18,228 |
| 2015 | $2,212 | $24,301 | $6,073 | $18,228 |
| 2014 | $2,212 | $21,843 | $5,461 | $16,382 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2026 01/14/26 | For Sale | $999,000 | 0.0% | $323 / Sq Ft | |
| 11/01/2024 11/01/24 | For Rent | $1,800 | 0.0% | -- | |
| 10/08/2024 10/08/24 | Off Market | $1,800 | -- | -- | |
| 12/22/2023 12/22/23 | Sold | $970,000 | +2.6% | $313 / Sq Ft | View Prior Sale |
| 11/08/2023 11/08/23 | Price Changed | $945,000 | -5.0% | $305 / Sq Ft | |
| 10/10/2023 10/10/23 | For Sale | $995,000 | -- | $321 / Sq Ft |
Source: REcolorado®
MLS Number: 2264383
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