7740 Idlewild St
Commerce City, CO 80022
Map
- 8 beds
- 4 baths
- 3,640 sqft
- ~1/2 acre lot
- $292 per sqft
- 1976 build
- – on site
7.67% CAP - NEW PRICE and FULLY LEASED! - Remodeled 4-Unit Investment with Development Upside | Strong Cash Flow + Value-Add Potential This is a rare opportunity to acquire two fully separate duplexes with huge detached garage on a combined double lot in under-the-radar, high-demand Commerce City. Offering immediate income, long-term upside, and flexible development potential. Three units renovated and value-add renovation potential on fourth unit. All units fully leased and stable. Individually metered, all with laundry hookups. **Strong Financials & Cash Flow** * Offered as-is at a 7.67% cap rate, with pro forma projections over 8.00% cap (includes vacancy and management allowances) * Current Returns at 9.9% Pro forma Total Returns achieving 10.9% based on typical investment loan terms (detailed pro forma available) * All units currently filled, rented below market, providing immediate upside through rent adjustments * Four detached storage units on-site offer additional income potential * Stable rent history with consistent increases over time **Development Potential on Nearly Half an Acre** * Zoned R-3 with lot size of .4545 acres * Each building has separate sewer mains, providing critical infrastructure for future development * Expansive side yards and an enormous unused rear lot open the door for increased density or phased development * Ideal for investors to rent one building while developing the other, leveraging existing cash flow to fund expansion * Perfect for a buy-and-hold strategy, combining immediate income stability with appreciation potential **Low-Maintenance Asset with Curb Appeal** * Durable stucco exteriors, quality roof, and xeriscaped front yard reduce operating costs * Tenant-maintained backyard minimizes owner responsibilities * Full front privacy fence enhances aesthetics and tenant satisfaction * Clean and easy to lease, low maintenance tenants Agent has interest
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jul 20, 2025
•
MLS# 2477123 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1976
-
New Construction:false
-
Construction Materials:Wood/Frame
-
Architectural Style:Ranch
-
Total SqFt:3,640 Sqft
-
# of Units Total:4
-
Building Area Total:3640
-
Roof:Composition
-
Foundation Details:Slab
-
Levels:One
-
Stories:1
-
Above Grade Finished Area:3640
Room Dimensions
-
Living Area:3640
-
Living Area Units:Square Feet
-
Living Area Source:Appraiser
Financial & Terms
-
Listing Terms:Cash
-
Tenant Pays:Gas
Location
-
Coordinates:-104.921722, 39.837109
-
Latitude:39.837109
-
Longitude:-104.921722
The Property
-
Property Type:Residential Income
-
Property Subtype:Income Property
-
Lot Size Acres:0.45
-
Lot Size SqFt:19,602 Sqft
-
Lot Size Area:19602
-
Lot Size Units:Square Feet
-
Zoning:r-3
-
Exclusions:Tenant Property
-
Horse:false
-
Fencing:Fenced
-
Waterfront:false
-
Has Water Rights:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Year:2024
-
Tax Annual Amount:$4,367
Beds
-
Bedrooms Total:8
Baths
-
Total Baths:4
The Listing
-
Special Listing Conditions:Other Owner
Heating & Cooling
-
Cooling:Wall/Window Unit(s)
-
Cooling:true
Utilities
-
Utilities:Natural Gas Available
-
Gas:Natural Gas, Separate Meter Gas
-
Electric:Electric, Separate Meter Electricity
-
Sewer:City Sewer
-
Water Source:City Water
Appliances
-
Appliances:Refrigerator
Schools
-
Elementary School:Dupont
-
Middle School:Adams City
-
High School:Adams City
-
High School District:Adams 14
The Community
-
Association:false
-
Subdivision Name:Peak Investments
-
Spa:false
-
Senior Community:false
Parking
-
Garage Spaces:2
-
Garage:true
-
Garage Type:Detached
-
Attached Garage:false
-
Covered Spaces:2
-
Other Parking:Parking Per Unit(2 Spaces/Unit)
Extra Units
-
Bedrooms Unit 1:2
-
Total Baths Unit 1:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/20/25
Jul 20, 2025
|
Listed / Active | IRES | $1,065,000 |
