Seller's Agent in 2026
Greg Drake
Realty Professionals LLC
(303) 884-0990
3 in this area
203 Total Sales
Discover a smart investment opportunity with this low-maintenance brick 4-plex. Whether you're a seasoned investor seeking dependable cash flow with room to grow or a savvy buyer ready to take advantage of owner-occupied lower interest rates by living in one unit and renting out the others, this property checks all the boxes. This well-kept property offers four spacious 2-bedroom, 1-bath units, each designed with a functional layout, abundant natural light, and comfortable living spaces that tenants appreciate. The property has seen recent updates, including modern flooring and refreshed kitchen and bath finishes in one unit, along with additional improvements throughout. These upgrades support strong rental appeal while leaving room for future value-add opportunities. With current rents below market and projected increases up to $1,500 - $1,550 per unit, investors can unlock greater income potential over time. Each unit includes desirable features such as in-unit laundry, dishwashers, refrigerators, and range ovens. Separate gas and electric meters make management simple, while tenants pay their own utilities. The property also includes central air or evaporative cooling and forced air heat. Situated on a 0.19-acre lot with 7 total parking spaces, including off-street and carport options, this property offers convenience for residents. Its location near public transit and with a walk score of 75 adds to tenant demand and long-term stability. With a current cap rate of 6% and projected cap rate near 8%, this is a strong option for investors seeking steady income and upside potential. Whether expanding your portfolio or entering the multifamily market, this property delivers a balanced mix of stability and growth.
Last Agent to Sell the Property
Realty Professionals LLC Brokerage Email: greg@realtyprosco.com,303-884-0990 License #40036249 Listed on: 04/03/2026
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2026 05/11/26 | Sold | $725,000 | +3.6% | $208 / Sq Ft |
| 04/03/2026 04/03/26 | For Sale | $700,000 | -- | $201 / Sq Ft |
| 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 | $5,609 | $47,130 | $4,430 | $42,700 |
| 2024 | $5,825 | $43,310 | $4,070 | $39,240 |
| 2023 | $5,778 | $56,420 | $2,750 | $53,670 |
| 2022 | $5,889 | $50,120 | $2,770 | $47,350 |
| 2021 | $6,172 | $50,120 | $2,770 | $47,350 |
| 2020 | $5,139 | $43,540 | $2,910 | $40,630 |
| 2019 | $5,145 | $43,540 | $2,910 | $40,630 |
| 2018 | $3,969 | $32,660 | $2,930 | $29,730 |
| 2017 | $3,630 | $32,660 | $2,930 | $29,730 |
| 2016 | $2,922 | $25,610 | $3,240 | $22,370 |
| 2015 | $2,919 | $25,610 | $3,240 | $22,370 |
| 2014 | -- | $32,150 | $3,240 | $28,910 |
Seller's Agent in 2026
Greg Drake
Realty Professionals LLC
(303) 884-0990
3 in this area
203 Total Sales
Buyer's Agent in 2026
Samuel Jamie Abeyta
Distinct Real Estate LLC
(303) 549-9189
3 in this area
43 Total Sales
Source: REcolorado®
MLS Number: 6666638
Ask me questions while you tour the home.