Wheat Ridge Multifamily Investment
For Sale
$1,820,000
5755 W 37th Ave, Wheat Ridge, CO 80212
Well-maintained apartment building in prime Wheat Ridge location.
Property Size8,568 SF
Lot Size0.56 Acres
Days on Market187
Property Features for 5755 W 37th Ave
General Information
Standard status
Active
Size
8,568 SF
Lot size
0.56 Acres
Property subtype
Multifamily
Building Details
Building Size
8,568 SF
Year Built
1960
Listed By:
Phil Dankner · License #CO FA.100052493
(303) 931-0793
Source:
Uniqueprop
Added: Mar 6
Changed: Sep 8
Last Checked: Jun 26 at 9:25PM
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 Phil Dankner
Investment Insights
Based on property information with market context.
The Jefferson Towers, located at 5755 W 37th Ave in Wheat Ridge, Colorado, presents an opportunity to acquire a multifamily property in a stable and steadily improving environment. Wheat Ridge is home to approximately 33,000 residents, with a median household income near $88,000 and median owner values approaching $585,000. The property benefits from its prime location near West Highlands, Sloan’s Lake, Edgewater, and Tennyson Street. The property has been thoroughly maintained with substantial exterior and interior improvements, including updated electrical systems, fencing, parking lot, and common areas. Immediate rental upside is available without significant capital investment, and further value-add potential exists through light interior renovations. The property sits on a large 0.56-acre lot with flexible R-3 zoning, offering potential future development opportunities. There are no deferred maintenance or CapEx requirements, allowing new ownership to focus on rent stabilization and income growth.
Key Highlights
- Prime Wheat Ridge location near popular Denver neighborhoods offering strong long‑term demand and appreciation potential.
- Immediate rental upside with no need for significant capital investment.
- No deferred maintenance or CapEx requirements, allowing focus on rent stabilization and income growth.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
Explore this area
Business Placement
Demographics for 80212, CO
20,397
Population
10,870
Households
1.9
Avg Household Size
38
Median Age
64%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
5,666
Density / Sq Mi
$118,692
Median Household Income
$76,379
Median Earnings
$1,714
Median Rent
$705,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained apartment building in prime Wheat Ridge location.
Where is this apartment building located?
The property is located at 5755 W 37th Ave Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $1,820,000.
What are key features of this property?
This property features: Prime Wheat Ridge location near popular Denver neighborhoods offering strong long‑term demand and appreciation potential.; Immediate rental upside with no need for significant capital investment.; No deferred maintenance or CapEx requirements, allowing focus on rent stabilization and income growth.
