8662 W 51 AVE new to site Save Request In-Person Tour Request Virtual Tour
Arvada,CO 80002
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,184 sqft
Price per Sqft $258
MLS Listing ID 4256131
HOA Y/N No
Year Built 1961
Annual Tax Amount $4,051
Tax Year 2024
Lot Size 0.920 Acres
Acres 0.92
Property Sub-Type Multi Family
Source recolorado
Property Description
This is for the sale of 8662, 8672, 8682 W 51st Avenue Arvada, CO 80002 (3 separate addresses and adjacent parcels being sold together). This offering presents a rare opportunity to acquire three well-maintained four-plex buildings in Arvada, Colorado—an established and growing submarket within the Denver Metro area. With current rents below market, there is significant upside potential through rent optimization and value-add strategies. The property consistently attracts long-term tenants due to its strong curb appeal, excellent upkeep, desirable location, and overall affordability. It is well-positioned for investors seeking stable cash flow and long-term appreciation in a high-demand rental market. Each of the twelve townhome-style units features private fenced patios, access to a central laundry facility, and recent interior updates. Situated on over an acre of land, the property offers ample off-street parking and expansive landscaped grounds, including large grassy common areas. Ideally located near parks, trails, shopping centers, and vibrant Old Town Arvada, this asset is a strategic addition to any investment portfolio. 3 INDIVIDUALLY PARCELED FOUR-PLEX BUILDINGS. (12) 2BR/1BA TOWNHOME STYLE UNITS WITH INDIVIDUAL BACK PATIOS. NEW ELECTRICAL PANELS; NEWER WINDOWS AND SLIDING GLASS DOORS. 8 OUT OF 12 UNITS HAVE BEEN RENOVATED. $100/UNIT IN RENT UPSIDE IN AS-IS CONDITION. LOW HISTORIC VACANCY.
Location
State CO
County Jefferson
Interior
Fireplace N
Exterior
Total Parking Spaces 24
Garage No
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None