Four-Unit Apartment
9436 W 57th Ave, Arvada, CO 80002
For Sale
$925,000
Four individually leased residences offer shared laundry, off-street parking, and month-to-month occupancy.
Property Size3,800 SF
Days on Market49
Property Features for 9436 W 57th Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Lease Term
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
on-site laundry
Building Details
Building Size
Year Built
Listed By:
Hayley Mork
(720) 442-4898
Source:
Elliman
Added: Sep 19
Changed: Nov 6
Last Checked: Nov 6 at 10:16AM
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 Hayley Mork
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Investment Insights
Based on property information with market context.
Built in 1973, this quadplex contains four two-bedroom, one-bath residences measuring approximately 800 square feet each. Shared on-site laundry and 11 off-street parking spaces support the property’s day-to-day functionality. One residence has received updates including flooring, kitchen cabinetry and countertops, appliances, bathroom fixtures, and interior paint, while the other units offer room for additional cosmetic improvements.
Tenants pay their own gas, electric, and internet expenses. Ownership currently covers water, trash and recycling, and common-area electric. All four units are occupied on a month-to-month basis, allowing flexibility in maintaining the existing rental arrangement or making changes over time. The property is approximately 1.25 miles from Olde Town Arvada and has access to nearby dining, shopping, entertainment, and transportation options.
Tenants pay their own gas, electric, and internet expenses. Ownership currently covers water, trash and recycling, and common-area electric. All four units are occupied on a month-to-month basis, allowing flexibility in maintaining the existing rental arrangement or making changes over time. The property is approximately 1.25 miles from Olde Town Arvada and has access to nearby dining, shopping, entertainment, and transportation options.
Key Highlights
- Four 2‑bedroom, 1‑bath units, each approximately 800 square feet
- 11 off‑street parking spaces and shared on‑site laundry
- One unit updated with new flooring, kitchen cabinets, countertops, appliances, bathroom fixtures, and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,918
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$978,360
$978.4K
Cap Rate 7%
$698,829
$698.8K
Cap Rate 9%
$543,533
$543.5K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$75.2K $19.80/SF
− Vacancy
−$5.4K −$1.41/SF
EGI
$69.9K $18.39/SF
− OpEx
−$21.0K −$5.52/SF
NOI
$48.9K $12.87/SF
Area
Arvada, CO
Vacancy
7.12%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$978,360
Cap Rate 7%
$698,829
Cap Rate 9%
$543,533
Alternative Uses
Best Use
Multifamily LT 5
$698.8K
$611.5K – $815.3K
NOI $48,918 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$642.9K
$562.6K – $750.1K
NOI $45,006 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$1.02M
$889.2K – $1.19M
NOI $71,136 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
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Business Placement
Demographics for 80002, CO
20,267
Population
9,960
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
6.5 sq mi
ZIP Area
3,118
Density / Sq Mi
$92,827
Median Household Income
$55,044
Median Earnings
$1,733
Median Rent
$538,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four individually leased residences offer shared laundry, off-street parking, and month-to-month occupancy.
Where is this quadplex located?
The property is located at 9436 W 57th Ave Arvada, CO.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units, each approximately 800 square feet; 11 off‑street parking spaces and shared on‑site laundry; One unit updated with new flooring, kitchen cabinets, countertops, appliances, bathroom fixtures, and fresh paint
