Arvada Fourplex Investment
8662 8672 8682 West 51st Avenue, Arvada, CO 80002
Three well-maintained fourplex buildings in a desirable Arvada location.
Type:Multifamily
Property size:
11,184 SFLot size:
1.00 AcrePrice / SF:
$229/SF- Added:
- Jan 27, 2026
- Days on Market:
- 126
- Last Refresh:
- Apr 5 at 11:43 pm
Property Features for 8662 8672 8682 West 51st Avenue
General Information
- Standard status
- Active
- Size
- 11,184 SF
- Lot size
- 1.00 Acre
- Property subtype
- Multifamily
Building Details
- Year Built
- 1961
Listing agent Jim Knowlton License #FA100032419 (303) 962-9543
Listing office Pinnacle Real Estate Advisors (303) 962-9543
Listing date Jan 27, 2026
Source Pinnaclerea
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 Pinnacle Real Estate Advisors
HighLights
- Three four‑plex buildings (12 units) in a desirable Arvada location, offering a strong investment opportunity.
- Significant rent upside potential ($100/unit in as‑is condition) due to below‑market current rents.
- Townhome‑style units with private fenced patios, attracting long‑term tenants.
- Eight out of twelve units have been renovated, reducing immediate capital expenditure needs.
- Low historic vacancy, ensuring stable cash flow.
- Excellent location near parks, trails, shopping, and Old Town Arvada, enhancing tenant appeal.
Overview
This offering presents an opportunity to acquire three well-maintained four-plex buildings in Arvada, Colorado. The property is located in an established and growing submarket within the Denver Metro area. Each of the twelve townhome-style units features private fenced patios. The property also provides access to a central laundry facility. Recent interior updates have been completed. Situated on over an acre of land, the property offers ample off-street parking and expansive landscaped grounds, including large grassy common areas. Ideally located near parks, trails, shopping centers, and vibrant Old Town Arvada, this asset is a strategic addition to any investment portfolio. The property consistently attracts long-term tenants due to its strong curb appeal, excellent upkeep, desirable location, and overall affordability. Each unit contains 2 bedrooms and 1 bathroom. New electrical panels have been installed. Newer windows and sliding glass doors are present. 8 out of 12 units have been renovated. The property is comprised of three individually parceled four-plex buildings. The property is located near Ralston Cove Park and Majestic View Park, and the Arvada Center for the Arts and Humanities. The property contains 11,184 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.4k | $19.80 |
| − Vacancy | −$15.8k | −$1.41 |
| EGI | $205.7k | $18.39 |
| − OpEx | −$61.7k | −$5.52 |
| NOI | $144.0k | $12.87 |
11,184 SF · lease $19.80/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.06M
$1.80M – $2.40M
NOI $143,974 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$1.89M
$1.66M – $2.21M
NOI $132,460 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$2.99M
$2.62M – $3.49M
NOI $209,364 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.095
- Latitude
- 39.7889
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Three well-maintained fourplex buildings in a desirable Arvada location.
Where is this quadplex located?
The property is located at 8662 8672 8682 West 51st Avenue Arvada, CO.
What is the asking price?
The asking price for this property is $2,565,000.
What are key features of this property?
This property features: Three four‑plex buildings (12 units) in a desirable Arvada location, offering a strong investment opportunity.; Significant rent upside potential ($100/unit in as‑is condition) due to below‑market current rents.; Townhome‑style units with **private fenced patios**, attracting long‑term tenants.
