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For sale
  • Price cut: $110K (3/28)
    $1,990,000

    3830 Otis Street #1-4, Wheat Ridge, CO 80033

    8beds
    8baths
    6,548sqft
    : 
    Quadruplex
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $304/sqft
    $-- HOA

    What's special

    Stylish new tileContemporary countertopsNewer roofNew boilersNew swamp coolersNew guttersNew landscaping
    Welcome to this exceptional quadplex in the desirable Edgewater area, offering a prime investment opportunity with four spacious units, each over 1600 square feet. Something you will not find in any other income property in the surrounding area. Every unit features 2 bedrooms and 2 bathrooms, large kitchen with additional dining area, family room and living room, and their own washer/dryer, designed for comfort and modern living. Stainless Steel appliances finish the modern look of the kitchens, and 4-piece second floor bathrooms provide ample space. The new owner will not have to do anything as recent updates include sleek new flooring, contemporary countertops in the kitchens/baths, and stylish new tile in the kitchen backsplash and bathrooms. Additional upgrades consist of new windows, a newer roof, fresh paint in and out, new gutters, new boilers, and newer privacy fencing. New swamp coolers add to the appeal, providing efficient cooling. New landscaping finishes out the extraordinary upkeep this property has endured. Each unit is equipped with its own detached carport and a one-car garage, along with outside parking ensuring substantial parking. Existing tenants have been leasing for extended periods, and vacancy rates have been zero for over 1 1/2 years and below 2% prior to that. With its blend of updated features and convenient amenities, and great location, this quadplex is a standout property for investors seeking a stable income stream and a well-maintained asset in the Edgewater area.
    290 days
    on Zillow
    |
    151
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 27, 2025 at 06:18pm

    Listed by:

    Chad Hartmann 720-724-3933,

    The Old Country Real Estate Group LLC

    Source: REcolorado,MLS#: 2082472MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 3830 Otis Street #1-4.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Forced Air
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Self Cleaning Oven, Washer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Laminate Counters, Walk-In Closet(s)
    • Flooring: Carpet, Vinyl
    • Has basement: No
    • Number of fireplaces: 4
    • Fireplace features: Family Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,548
    • Total interior livable area: 6,548 sqft
    • Finished area above ground: 6,548

    Property

    Parking
    • Total spaces: 13
    • Parking features: Asphalt, Concrete
    • Garage spaces: 4
    • Carport spaces: 5
    • Covered spaces: 9
    • Details: Reserved Spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Front Porch
    • Exterior features: Lighting, Private Yard, Rain Gutters
    • Fencing: Partial
    Lot
    • Features: Landscaped, Sprinklers In Front
    Details
    • Parcel number: 400544
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Brick, Wood Siding
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Patio Court Condos
    HOA
    • Has HOA: No
    Location
    • Region: Wheat Ridge

    Financial & listing details

    • Price per square foot: $304/sqft
    • Annual tax amount: $2,326
    • Date on market: 9/1/2024
    • Listing terms: 1031 Exchange,Cash,Conventional,Jumbo
    • Exclusions: Any/All Items Owned By Current Tenants.
    • Ownership: Individual
    • Tenant pays: Cable TV, Electricity, Gas, Grounds Care
    • Electric utility on property: Yes
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