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Westminster Multifamily Investment Opportunity

7255 Tennyson Street #1-4 Westminster, CO 80030

7255 Tennyson Street #1-4, Westminster, CO, 80030

$855,000

For Sale

$855,000

Four-unit property in growing Westminster area with income potential.

Property Size3,648 SF

Price / SF$234.38

AddedApr 2

Days on Market106

Last RefreshJul 15 at 6:05 pm

Property Features for 7255 Tennyson Street #1-4

General Information

Standard status: Active
Size: 3,648 SF
Property subtype: Commercial

Building Details

Year Built: 1962

Listing office HOMESMART

Listing date Apr 2, 2026

Source Corcoran

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 HOMESMART

Investment Insights

Based on property information with market context.

This multifamily property, constructed in 1962, features four units, each with 8 bedrooms and 2 bathrooms. Each unit has its own exterior entrance and an off-street parking space. The building is constructed of brick and includes a sprinkler system and hot water heaters. Interior flooring consists of a mix of vinyl, tile, carpeting, and hardwood floors. Kitchens are equipped with a stove and refrigerator; unit 2 also includes a dishwasher. The property is fully occupied, with tenants on a month-to-month basis. Located in a growing area of Westminster, the property benefits from continued net migration and the influx of large companies. Its central location provides easy access to both Denver and Boulder employment corridors, contributing to consistent rental demand. The property is being sold as-is, presenting an investment opportunity to improve the units and potentially increase rental income. The location offers close proximity to schools, public transportation, highway access, and other amenities. The property size is 3648 square feet.

Key Highlights

Prime location in a growing area of Westminster with easy access to Denver and Boulder employment corridors.
Four 8‑bedroom units, each with 2 bathrooms and its own exterior entrance.
Off‑street parking space for each unit.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$81.0k	$22.20
− Vacancy	−$5.3k	−$1.44
EGI	$75.7k	$20.76
− OpEx	−$22.7k	−$6.23
NOI	$53.0k	$14.53

3,648 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$757.2K

$662.6K – $883.4K (±1% cap)

NOI $53,005 @ 7.0% cap · market cap 6.20%

Second Best

Apartment 5plus

$670.0K

$586.2K – $781.7K (±1% cap)

NOI $46,899 @ 7.0% cap · market cap 5.49%

Theoretical Best

Office A

$1.07M

$933.0K – $1.24M (±1% cap)

NOI $74,638 @ 7.0% cap · market cap 8.73%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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Westminster Multifamily Investment Opportunity

Four-unit property in a growing Westminster location.

7255 Tennyson St 1-4, Westminster, CO 80030

View Details

For sale
Quadplexes
CO
Westminster
80030
7255 Tennyson Street #1-4

What type of property is this?

Quadplex - Four-unit property in growing Westminster area with income potential.

Where is this quadplex located?

The property is located at 7255 Tennyson Street #1-4 Westminster, CO.

What is the asking price?

The asking price for this property is $855,000.

What are key features of this property?

This property features: Prime location in a growing area of Westminster with easy access to Denver and Boulder employment corridors.; Four 8‑bedroom units, each with 2 bathrooms and its own exterior entrance.; Off‑street parking space for each unit.