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    8662 W 51St Ave Arvada, CO 80002

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    For Sale
    $2,700,000

    Three fourplex buildings in Arvada with significant rent upside.

    Property size:
    11,184 SF
    Lot size:
    0.92 Acres

    Property Features for 8662 W 51St Ave

    General Information

    Standard status
    Active
    Size
    11,184 SF
    Lot size
    0.92 Acres

    Building Details

    Year built
    1961

    Source: PINNACLE REAL ESTATE ADVISORS Agent JIM KNOWLTON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arvada Fourplex Portfolio Opportunity

    This offering includes three adjacent fourplex buildings located at 8662, 8672, and 8682 W 51st Avenue in Arvada, Colorado. The properties feature a total of twelve townhome-style units, each with two bedrooms, one bathroom, and a private fenced patio. Situated on over an acre of land, the property provides ample off-street parking and expansive landscaped grounds with large grassy common areas. Recent upgrades include new electrical panels, newer windows, and sliding glass doors. Eight out of the twelve units have been renovated. The property is located near parks, trails, shopping centers, and Old Town Arvada. The property attracts long-term tenants due to its curb appeal, upkeep, location, and affordability. The property is well-positioned for investors seeking stable cash flow and long-term appreciation in a high-demand rental market. There is potential for rent optimization and value-add strategies, with an estimated $100 per unit in rent upside in as-is condition. The property has a history of low vacancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Arvada
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.0947017
    Latitude
    39.7889089

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    FAQs

    What type of property is this?
    Quadplex - Three fourplex buildings in Arvada with significant rent upside.
    Where is this quadplex located?
    The property is located at 8662 W 51St Ave Arvada, CO.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Three adjacent four-plex buildings (12 units total) being sold together in a desirable Arvada location.; - Significant rent upside potential due to current rents being below market value.; - Strong tenant appeal with well-maintained buildings, **private fenced patios**, and recent interior updates in most units (8/12 renovated).
    (303) 962-9555
    Request Owner's contact information
    8662 W 51St Ave Arvada, CO 80002
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    Arvada, CO 80002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8662 W 51St Ave Arvada, CO 80002
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