Wheat Ridge Thirteen-Unit Multifamily
For Sale
$2,800,000
4629-4653 Otis Street, Wheat Ridge, CO 80033
Thirteen-unit multifamily property in Wheat Ridge, fully renovated and well-maintained.
Property Size9,840 SF
Price / SF$284.55
Days on Market471
Property Features for 4629-4653 Otis Street
General Information
Standard status
Active
Size
9,840 SF
Taxes and HOA fees
Annual Taxes
$9,961
Building Details
Year Built
1960
Listing Agency:
KAUFMAN HAGAN
Listed By:
COLBY CONSTANTINE
(720) 984-0419
Source:
Corcoran
Added: May 28, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:08AM
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 KAUFMAN HAGAN
Investment Insights
Based on property information with market context.
The property at 4629-4653 Otis Street is a 13-unit multifamily property situated in a quiet residential area of Wheat Ridge. Constructed in 1960, the property consists of one building with one story and masonry construction. The building has a gross area of 9,840 square feet and sits on a 23,610 square foot lot. The roof is pitched. The property has been fully renovated and well-maintained, with newer roofs and updated mechanical systems. There are 22 open parking spaces available. Cooling is provided by wall units, and heating is provided by a boiler. Gas and electric services are master metered and individually metered. Water and sewer services are master metered. The property attracts long-term tenants due to its quality, upkeep, location, and affordability. There is an opportunity to improve rents through further cosmetic renovations. The property is located in Jefferson County.
Key Highlights
- Fully Renovated Property with No Anticipated Cap Ex
- 13 Units in a Quiet Wheat Ridge Neighborhood
- Opportunity to Improve Rents Through Cosmetic Renovations
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
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Business Placement
Demographics for 80033, CO
26,618
Population
13,257
Households
2
Avg Household Size
42
Median Age
44%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
3,207
Density / Sq Mi
$84,719
Median Household Income
$53,503
Median Earnings
$1,536
Median Rent
$568,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Thirteen-unit multifamily property in Wheat Ridge, fully renovated and well-maintained.
Where is this apartment building located?
The property is located at 4629-4653 Otis Street Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Fully Renovated Property with No Anticipated Cap Ex; 13 Units in a Quiet Wheat Ridge Neighborhood; Opportunity to Improve Rents Through Cosmetic Renovations
