$967,500
$1,050,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
10331 W 59th AVE Arvada, CO 80004
10 Beds
6 Baths
4,050 SqFt
Key Details
Sold Price $967,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $238
Subdivision Arvada Gardens
MLS Listing ID 2531546
Sold Date 02/27/26
Bedrooms 10
HOA Y/N No
Abv Grd Liv Area 4,050
Year Built 1960
Annual Tax Amount $4,593
Tax Year 2023
Property Sub-Type Quadruplex
Source recolorado
Property Description
Excellent opportunity to own a well-maintained quadplex in a desirable Arvada location. This income-producing property offers approximately 4,050 square feet across four spacious units with an attractive and versatile unit mix: two 3-bedroom, 2-bath units and two 2-bedroom, 1-bath units.
Inside, all units feature durable laminate flooring throughout, providing a clean, modern look that is both tenant-friendly and easy to maintain. The two 3-bedroom units include additional dining areas that can also function as home offices or flex spaces, adding appeal for today's work-from-home lifestyle. Each unit enjoys its own fenced-in private patio, reserved parking spaces, in-unit laundry and a dedicated storage shed for added convenience.
Current rents are strong, with one 3-bedroom unit leased at $3,000 per month, the second 3-bedroom unit vacant and currently being updated, and the two 2-bedroom units renting for $1,600 and $1,200 per month. Owner pays water and trash. Property has been well cared for and is in good overall condition.
Located close to parks, schools, shopping, and major commuter routes, this quadplex offers steady income with upside potential and is a rare opportunity for investors seeking a quality multifamily asset in Arvada.
** Listing price reflects Unit 1 being finished and updated. Seller is open to selling it at a lower price with unit 1 not being finished
Location
State CO
County Jefferson
Interior
Interior Features No Stairs
Heating Forced Air
Cooling None
Flooring Vinyl
Fireplace N
Appliance Oven, Refrigerator
Laundry In Unit
Exterior
Exterior Feature Private Yard
Parking Features Gravel
Fence Partial
Roof Type Shingle
Total Parking Spaces 7
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Allendale
Middle Schools Drake
High Schools Arvada West
School District Jefferson County R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, Other
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, Other
Special Listing Condition None
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