3760 Owens Street
Wheat Ridge, CO 80033
- 8 beds
- 4 baths
- 3,588 sqft
- 8,538 sqft lot
- $231 per sqft
- 1967 build
- – on site
Fully leased 4-plex in the heart of well established Applewood area of Wheat Ridge, across the street from a charming park and just off Kipling and 38th. This property is ideally positioned south of I70, just minutes from Downtown Denver or Golden. Priced at $830,000, this fully leased value-add opportunity features four 2BR/1BA units, plentiful off street parking in designated lot, and additional income from laundry and utility reimbursements (RUBS). Currently producing a 5.57% cap rate. Could use light renovations but running smoothly as is and any future updates could be handled minimally, during next turns. Local demographics and the central location with proximity to all major thoroughfares provide this property's long term value and rental demand. Surrounding residential area has experienced a major rejuvenation and modern development with high end SFRs. Investors should jump at this rare multifamily opportunity in this highly desirable, growth-oriented corridor. Please reach out to Kelly Taylor Blakesley at Atlas Real Estate at 720-383-8708 or kelly.taylorblakesley@realatlas.com with any questions.
Last checked:
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Last updated May 14, 2025
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MLS# 8504297 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1967
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Construction Materials:Brick, Wood Siding
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Building Area Total:3588
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Building Area Source:Public Records
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Structure Type:Quadruplex
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Roof:Composition
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Foundation Details:Slab
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Levels:One
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Basement:false
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Above Grade Finished Area:3588
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Property Attached:false
Interior
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Flooring:Carpet, Laminate
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Laundry Features:Common Area
Room Dimensions
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Living Area:3588
Financial & Terms
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Ownership:Corporation/Trust
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Possession:Closing/DOD
Location
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Latitude:39.76834588
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Longitude:-105.1197853
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Parcel Number:049031
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Lot Size Area:8538
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Lot Size Acres:0.2
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Lot Size SqFt:8,538 Sqft
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Lot Size Units:Square Feet
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Exclusions:tenants' personal belongings
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (720) 383-8708
- Office phone:
- (303) 242-8980
Taxes
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Tax Year:2024
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Tax Annual Amount:$4,519
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Baseboard
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Cooling:Air Conditioning-Room
Utilities
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Utilities:Cable Available, Electricity Available
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Electric:110V, 220 Volts
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Prospect Valley
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Elementary School District:Jefferson County R-1
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Middle Or Junior School:Everitt
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Middle Or Junior School District:Jefferson County R-1
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High School:Wheat Ridge
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High School District:Jefferson County R-1
The Community
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Subdivision Name:Brookside
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Association:false
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Senior Community:false
Parking
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Parking Total:4
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Attached Garage:false
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
