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Remodeled Two-Unit Residential Income
For Sale
$495,000

3738 Roosevelt Ave, Wellington, CO 80549

Completely rebuilt into two rental units with a new hail-resistant roof and fresh exterior paint in 2025.

Property SizeContact for details
Days on Market88

Property Features for 3738 Roosevelt Ave

General Information

Standard status Active
Property subtype Investment

Additional Details

Business Included Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,509

Building Details

Year Built 1935
Year Renovated 2025
Units 2
Tenancy Multi
Listing Agency: RE/MAX Alliance
Listed By: Will Harper
Source: Elliman
Added: Jun 10 Changed: Aug 21 Last Checked: Sep 4 at 12:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Alliance

Investment Insights

Based on property information with market context.

This remodeled two-unit property was moved to its current location and rebuilt essentially down to the studs, creating two separate residential units. The exterior has been updated with a Class 4 hail-resistant roof and new exterior paint completed in 2025. The property is owned and maintained by a prominent construction company, and the units have been consistently rented with virtually no deferred maintenance.

Located at 3738 Roosevelt Ave in Wellington, CO 80549, the home sits in a more car-dependent setting, with a BikeScore of 50 and a WalkScore of 46.

For buyers seeking a smaller residential income asset, the current configuration of two rebuilt, independently rentable units provides a straightforward structure for rental operations. Recent exterior improvements, including the hail-resistant roofing system and 2025 exterior paint, help reduce near-term exterior maintenance concerns while the property continues to operate with consistent occupancy based on the information provided.

Key Highlights

  • 1935 home completely remodeled into two rental units, rebuilt down to the studs.
  • New Class 4 hail‑resistant roof installed and exterior paint completed in 2025.
  • Both units have been consistently rented with virtually no deferred maintenance reported.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 80549, CO

13,530
Population
5,131
Households
2.6
Avg Household Size
34
Median Age
44%
College-Educated
97%
High-School Grad
187.1 sq mi
ZIP Area
72
Density / Sq Mi
$103,760
Median Household Income
$52,401
Median Earnings
$2,290
Median Rent
$452,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Completely rebuilt into two rental units with a new hail-resistant roof and fresh exterior paint in 2025.
Where is this duplex located?
The property is located at 3738 Roosevelt Ave Wellington, CO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1935 home completely remodeled into two rental units, rebuilt down to the studs.; New Class 4 hail‑resistant roof installed and exterior paint completed in 2025.; Both units have been consistently rented with virtually no deferred maintenance reported.
More about this property
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