$2,565,000

8662 W 51 Avenue, Arvada CO, 80002

Price per sqftN/A

Built in1961

Property typeCommercial

Overview

Sold

Listed Aug 7, 2025

Updated 10h ago

This is for the sale of 8662, 8672, 8682 W 51st Avenue Arvada, CO 80002 (3 separate addresses and adjacent parcels being sold together). This offering presents a rare opportunity to acquire three well-maintained four-plex buildings in Arvada, Colorado—an established and growing submarket within the Denver Metro area. With current rents below market, there is significant upside potential through rent optimization and value-add strategies. The property consistently attracts long-term tenants due to its strong curb appeal, excellent upkeep, desirable location, and overall affordability. It is well-positioned for investors seeking stable cash flow and long-term appreciation in a high-demand rental market. Each of the twelve townhome-style units features private fenced patios, access to a central laundry facility, and recent interior updates. 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. 3 INDIVIDUALLY PARCELED FOUR-PLEX BUILDINGS. (12) 2BR/1BA TOWNHOME STYLE UNITS WITH INDIVIDUAL BACK PATIOS. NEW ELECTRICAL PANELS; NEWER WINDOWS AND SLIDING GLASS DOORS. 8 OUT OF 12 UNITS HAVE BEEN RENOVATED. $100/UNIT IN RENT UPSIDE IN AS-IS CONDITION. LOW HISTORIC VACANCY.

Additional information

MLS^® ID: 4256131

Interior Features

Basement: No

Exterior Features

Lot Size: 0.92 Acres

Other Property Details

Taxes: $4,051
Tax Frequency: Annually

Listed by Pinnacle Real Estate Advisors, Jim Knowlton, Listing Contact: [email protected],303-962-9543

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