7705 W 61st Ave Arvada, CO 80004
Olde Town Arvada NeighborhoodEstimated payment $5,256/month
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
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
- 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
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 |
|---|---|---|---|---|---|
| 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®
MLS Number: 2264383
- 6021 Yarrow St Unit B11
- 6007 Yarrow St Unit D
- 7605 W 62nd Ave
- 6176 Ammons St
- 7963 W 62nd Way
- 7313 W 60th Ave
- 7365 W 61st Ave
- 7303 W 59th Ave
- 6164 Brentwood St
- 8243 Brooks Dr
- 6204 Vance St
- 6150 Carr St
- 8202 W 59th Ave
- 8233 W 62nd Place
- 6277 Reed Ct
- 8410 Alta Vista Dr
- 6990 W 61st Ave
- 6175 Dover St
- 6840 W 60th Ave
- 0000S Balsam St Unit 1
- 7750 W 61st Ave
- 6021 Yarrow St Unit C23
- 6190 Wadsworth Blvd
- 6190 Webster St
- 8090 W 63rd Ave
- 5854 Vance St
- 5721 Wadsworth Bypass Unit SI ID1341159P
- 5839 Pierce St
- 7295 W 56th Ave
- 8618 W 62nd Place
- 5515 Olde Wadsworth Blvd
- 8705 Ralston Rd
- 8727-8729 W 63rd Place Unit 8727
- 8727-8729 W 63rd Place Unit 8729
- 5498 Zephyr Ct
- 5461 Water Tower Promenade Unit A
- 5407 Zephyr Ct Unit 5407
- 6875 W 56th Ave
- 6184 Field St
- 7937 W 54th Ave
Ask me questions while you tour the home.