11690 W 46th Ave, Wheat Ridge, CO 80033

$1,650,000
11
BD
10
BA
4,789
SqFt

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List Price
$1,650,000
Status
ACTIVE
MLS#
3231871
Price Change
▲ $50,000 1784276004
Year Built
1997
Bedrooms
11
Bathrooms
10
Living Area
4,789
Region
Metro Denver
Subdivision
Fruitdale

Property Description

Exceptional fourplex opportunity in Wheat Ridge, just minutes from Denver and with convenient access to the foothills and mountain recreation.. This meticulously maintained multifamily property offers a rare owner-occupant opportunity to live in one unit while generating rental income from the others. Built and carefully maintained by the current owner/developer, this income-producing property reflects a level of quality and care that is difficult to find.The fourplex features a desirable unit mix with two ranch-style units and two two-story units, appealing to a wide range of tenants. Situated at the end of a quiet cul-de-sac, the property offers a private, residential setting with strong tenant appeal and consistent rental demand. Rents are currently below market, presenting a clear value-add opportunity with future upside potential. Recent upgrades include updated appliances, (unit A-new A/C 2025) and newer furnaces in each unit, supporting long-term efficiency and reduced maintenance. Separately metered utilities enhance ease of management, while functional layouts further contribute to tenant retention. Interior photos shown are of Unit B and are for reference only. Property is fully occupied; please allow time for coordinated showings.No HOA fees and multiple streams of rental income make this a versatile option for those seeking to offset their mortgage while building long-term wealth. Conveniently located near shopping, dining, parks, and major commuter routes, this property sits in a high-demand rental pocket of the Denver metro area. A rare combination of quality construction, thoughtful design, and long-term livability sets this multifamily property apart.Seller is also offering two adjacent duplexes in the same cul-de-sac (MLS# 8890147) & (MLS# 7935750), creating an additional opportunity to expand within the multifamily market. SEE VIRTUAL TOUR FOR ADDITIONAL DETAILS.Located near the Wheat Ridge/Ward RTD G-Line Station and just minutes from light rail.

Additional Information

Taxes
$6,942
School District
Jefferson Dist R-1
Elementary School
Stevens
Middle School
Everitt
High School
Wheat Ridge
Heating
Forced Air
Cooling
Central Air
Utilities
Natural Gas Available, Electricity Available, Cable Available, Separate Meters, Separate Meters
Garage Spaces
8
Tenant Pays
Gas, Electricity

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Listing courtesy of Darla Stout.

303-918-3303

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