$949,000
UNDER CONTRACT $50K PRICE DROP

Estimated payment $5,256/month

Total Views 4,048
8 Beds
4 Baths
3,096 Sq Ft
$307 Price per Sq Ft

Highlights

  • Private Yard
  • Patio
  • Forced Air Heating System
  • No HOA
  • 1-Story Property

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 6.93% 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. Potential Seller financing on the equity the Seller has in the property as well. Contact the listing agent today for the current rent roll, the full Offering Memorandum, and to schedule a private tour.

Listing Agent

Patrick Rampi

MODUS Real Estate Brokerage Email: prampi@moduscommercial.com,720-935-2184 License #100055927 Listed on: 01/14/2026

MODUS Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,587

Year Built

  • Built in 1959

Lot Details

  • Two or More Common Walls
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,587

Year Built

Built in 1959

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 3096
  • Entry Location: Ground
  • Exclusions: Tenant's personal property
  • Living Area: 3096
  • SubdivisionName: Olde Town Arvada
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Special Features: UnderContract

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Exterior Features: Private Yard
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Forced Air
  • Laundry Features: In Unit

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: 22755

Schools

  • Middle Or Junior School: Arvada K-8

Lot Info

  • Parcel Number: 010773
  • Building Area Total: 3096

Rental Info

  • Owner Pays: Other, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Internet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4587

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2026 02/16/26 Price Changed $949,000 -5.0% $307 / Sq Ft
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®

Source: REcolorado®

MLS Number: 2264383

REcolorado®
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