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Source Home Group

admin@sourceofhome.com +1(970) 528-0604

$750,000

Est. payment - /mo

6 Beds

3 Baths

2,760 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,760 sqft

Price per Sqft $271

Subdivision Sun Valley

MLS Listing ID 6231249

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 1,834

Year Built 1971

Annual Tax Amount $4,046

Tax Year 2025

Lot Size 0.308 Acres

Acres 0.31

Property Sub-Type Duplex

Source recolorado

Property Description

Re-Marketing to meet Cap Rate for Investment! Whole Duplex Opportunity in Prime Wheat Ridge Location. 2024 Cap rate
6.0%. Pro-forma cap rate 7-8% with rent at $2900-$3100 for 9397 and $1900-$2100 for 9395. 9397 fully updated,
offering the perfect blend of modern living and steady investment income. Whether you're looking to owner-occupy or
expand your portfolio, this property delivers versatility and value. (397 -enjoy new windows, flooring, lighting, doors,
hardware, and a fully remodeled kitchen and bathrooms, newer electric panel, with fresh interior and exterior paint
completing the look. The layout offers 4 bedrooms and 2 baths, including two bedrooms upstairs with a full bath, plus two
additional bedrooms and a spacious family room downstairs with a ¾ bath—ideal for guests, multi-generational living, or
work-from-home flexibility. The oversized laundry room adds convenience, while the kitchen opens to a Trex deck—perfect
for outdoor dining and entertaining. The fenced backyard features mature landscaping, a sprinkler system, a storage shed,
and space for RV or toy parking, and an extra-deep garage with workbench provides room for projects and storage and a
new garage door, approximately 1660 sq.ft. total. 9395 -Income-Producing Side: The adjacent unit offers 2 bedrooms, 1
bath, a private laundry room, and its own fenced yard with sprinkler system and shed. A long-term tenant is in place
through July 31, 2027, providing reliable income, and the unit also features a new garage door and an equally deep garage
space. Approximately 1100 sq. ft. total. Additional Highlights: New roof (2017), updated HVAC & water heater – all new
within 5 years, garages positioned between units for enhanced privacy and noise reduction, no HOA. This is a standout
opportunity in Wheat Ridge—live in one side and offset your mortgage, or enjoy a strong, dual-income investment in a
desirable area, close to parks, trails, and an easy commute downtown or to the mountains.

Location

State CO

County Jefferson

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Appliance Dishwasher, Refrigerator

Exterior

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Composition,Other

Total Parking Spaces 6

Garage Yes

Building

Lot Description Corner Lot, Sprinklers In Front, Sprinklers In Rear

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Brick,Wood Siding

Schools

Elementary Schools Pennington

Middle Schools Everitt

High Schools Wheat Ridge

School District Jefferson County R-1

Others

Senior Community No

Ownership Agent Owner

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by Kentwood Real Estate Cherry Creek

Nearby School & Business

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Source Home Group

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

9395-9397 W 45th AVE Wheat Ridge, CO 80033

Source Home Group

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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