Homes for sale - 8662 W 51 AVE, Arvada, CO 80002

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Source Home Group

homes@hirethebrokerage.com +1(970) 528-0604

$2,700,000

Est. payment - /mo

11,184 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,184 sqft

Price per Sqft $241

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

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Listed by Pinnacle Real Estate Advisors

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Source Home Group

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

8662 W 51 AVE Arvada, CO 80002

Source Home Group

Key Details

Location

Interior

Exterior

Building

Others

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