Wheat Ridge, CO 80033 3760 Owens St

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Presented By: Atlas Real Estate Group; kelly.taylorblakesley@realatlas.com,720-383-8708
  • MLS# 8504297
  • 05/14/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 4
  • SQFT • 3,588
  • Garage • 4

Home Details

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.
Presented By: Atlas Real Estate Group; kelly.taylorblakesley@realatlas.com,720-383-8708

Interior Features for 3760 Owens St

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area3588
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area

General for 3760 Owens St

Architectural StyleRanch
Attached Garage No
Cap Rate5.599999
CityWheat Ridge
Construction MaterialsBrick/Brick Veneer, Wood Siding
CoolingRoom Air Conditioner
CountyJefferson
Directionshttps://www.google.com/maps/place/3760+Owens+St, +Wheat+Ridge, +CO+80033/@39.7684798, -105.1197829, 16z/data=!3m1!4b1!4m6!3m5!1s0x876b867bd4b005a9:0xb895fb17092ca22!8m2!3d39.7684798!4d-105.1197829!16s%2F
ElectricElectric, Master Meter-Electric
Elementary SchoolProspect Valley
Exclusionstenants' personal belongings
Garage Spaces4
Garage Y/NYes
Gas Y/NMaster Meter-Gas
Gross Income69120
HOANo
HeatingBaseboard
High SchoolWheat Ridge
High School DistrictJefferson County R-1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet8538
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolEveritt
Net Operating Income60738
New ConstructionNo
Number Of Units Total4
Operating Expense8382
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameBrookside
Tax Annual Amount4519
Tax Year2024
UtilitiesElectricity Available, Cable Available
Waterfront Y/NNo
Year Built1967

Exterior for 3760 Owens St

Building Area Total3588
Covered Spaces4
Foundation DetailsSlab
Horse Y/NNo
Lot Size Acres0.2
Lot Size Area8538
Other ParkingParking Per Unit(1 Space/Unit)
SpaNo
Water SourceCity Water

Additional Details

Price History

Schools

Elementary School Prospect Valley Elementary School
High School Wheat Ridge High School
Middle School Everitt Middle School

Jon Holsten

Price $830,000
MLS#8504297
List Date 05/14/2025
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
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