Exceptional 4-Plex Investment Opportunity in Prime Wheat Ridge Location
Welcome to 9041 W. 45th Place, a well-located four-unit multifamily property in the heart of Wheat Ridge. This 4-plex offers a strong opportunity for investors seeking stable rental demand in one of the metro area’s most desirable west-side communities.
Situated on a quiet residential street, the property provides convenient access to downtown Denver, I-70, Golden, and the mountains, while being just minutes from parks, trails, shopping, dining, and local amenities. Wheat Ridge continues to be a high-demand rental market thanks to its central location, neighborhood charm, and proximity to major employment centers.
Each unit offers a functional layout with great natural light, making them appealing to long-term tenants. Whether you’re looking to hold for steady cash flow, house hack, or add value over time, this property presents flexibility and upside in a proven market.
A rare chance to own a multi-unit asset in an established neighborhood with long-term growth potential. Don’t miss this solid addition to your investment portfolio.
For sale
Price cut: $50K (3/16)
$800,000
9041 W 45th Place, Wheat Ridge, CO 80033
8beds
4baths
2,944sqft
Est.:
Quadruplex
Built in 1961
-- sqft lot
$782,700 Zestimate®
$272/sqft
$-- HOA
What's special
- 88 days |
- 656 |
- 36 |
Zillow last checked:
Listing updated:
Listed by:
Greg Kitzmiller 303-960-5489 gregkitz85@gmail.com,
Berkshire Hathaway HomeServices Colorado Real Estate, LLC,
Sharon Kitzmiller 720-206-4398,
Berkshire Hathaway HomeServices Colorado Real Estate, LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 1753221
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Oven, Range, Refrigerator
- Laundry: In Unit
Features
- Flooring: Carpet, Laminate
- Has basement: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,944
- Total interior livable area: 2,944 sqft
- Finished area above ground: 2,944
Property
Parking
- Total spaces: 8
- Details: Off Street Spaces: 8
Features
- Levels: One
- Stories: 1
- Exterior features: Rain Gutters
- Fencing: None
Lot
- Size: 10,730 Square Feet
Details
- Parcel number: 043290
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Electric: 110V, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Trout
HOA
- Has HOA: No
Location
- Region: Wheat Ridge
Financial & listing details
- Price per square foot: $272/sqft
- Tax assessed value: $706,760
- Annual tax amount: $4,640
- Date on market: 1/28/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Exclusions: Washers And Dryers Are Tenant Owned
- Ownership: Corporation/Trust
- Tenant pays: Electricity
- Electric utility on property: Yes
Estimated market value
$782,700
$744,000 - $822,000
$2,579/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Price change | $800,000-5.9%$272/sqft |
Source:  REcolorado as distributed by MLS GRID #1753221 Report a problem | ||
| 1/28/2026 | Listed for sale | $850,000+100.5%$289/sqft |
Source: REcolorado as distributed by MLS GRID #1753221 Report a problem | ||
| 8/13/2015 | Sold | $424,000+34.6%$144/sqft |
Source: Public Record Report a problem | ||
| 12/12/2013 | Sold | $315,000-3.1%$107/sqft |
Source: Public Record Report a problem | ||
| 9/26/2013 | Price change | $325,000-4.1%$110/sqft |
Source: PINNACLE REAL ESTATE ADVISORS, LLC #1210791 Report a problem | ||
| 7/18/2013 | Listed for sale | $339,000-6.5%$115/sqft |
Source: PINNACLE REAL ESTATE ADVISORS, LLC #1210791 Report a problem | ||
| 9/27/2004 | Sold | $362,500+3%$123/sqft |
Source: Public Record Report a problem | ||
| 12/31/2001 | Sold | $352,000$120/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,390 +9.2% | $47,353 |
| 2023 | $4,022 -3.6% | $47,353 +9.7% |
| 2022 | $4,170 +15.2% | $43,167 -4.9% |
| 2021 | $3,619 | $45,388 +15% |
| 2020 | $3,619 +1.4% | $39,468 |
| 2019 | $3,570 +15.8% | $39,468 +19.2% |
| 2018 | $3,081 | $33,120 |
| 2017 | $3,081 +36.9% | $33,120 +34.9% |
| 2016 | $2,251 | $24,548 |
| 2015 | $2,251 +6.1% | $24,548 +11.3% |
| 2014 | $2,122 -2.7% | $22,065 |
| 2013 | $2,181 +2.2% | $22,065 -3.8% |
| 2012 | $2,135 -11.2% | $22,925 |
| 2011 | $2,405 +6% | $22,925 -11.8% |
| 2010 | $2,268 -5.6% | $25,990 |
| 2009 | $2,402 +0.2% | $25,990 -5.4% |
| 2008 | $2,397 +2.6% | $27,470 |
| 2007 | $2,336 0% | $27,470 +3.7% |
| 2006 | $2,336 -0.7% | $26,480 -1% |
| 2005 | $2,352 +9.8% | $26,750 |
| 2004 | $2,143 +17.5% | $26,750 +17.6% |
| 2002 | $1,825 +4.6% | $22,750 +17.2% |
| 2001 | $1,744 -1.3% | $19,410 |
| 2000 | $1,766 | $19,410 |
Find assessor info on the county website
Monthly payment
Est. payment
$4,181/mo
Principal & interest
$3841
Property taxes
$340
More affordability tools
Climate risks
Neighborhood: 80033
Nearby schools
GreatSchools rating
- 7/10Peak Expeditionary - PenningtonGrades: PK-5Distance: 0.4 mi
- 5/10Everitt Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Wheat Ridge High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Pennington
- Middle: Everitt
- High: Wheat Ridge
- District: Jefferson County R-1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Jefferson County
- Wheat Ridge
- 80033
- 9041 W 45th Place
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Nearby zip codes
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