04/21/2026
Fourplex / Investment Property
8 Beds, 4 baths, 3 car garage
Fully Rented / 7.2% Cap Rate
Motivated Seller // $924,000
FINANCIALS: Fully leased, four-unit property delivering immediate income with an actual 7.2% cap rate AND tenants pay ALL utilities
TURNKEY:
High-efficiency Weil-McLain boiler with right arm hot water (2021)
New exterior paint (2026)
Newer roof, gutters, and downspouts
Double-pane vinyl windows throughout
2025 fully remodeled unit with LVP flooring, quartz countertops, white cabinetry, and stainless appliances
Updated common areas and laundry with 4 newer front-load machines/dryers
Three-car garage providing additional rental income
Location: Blocks to the W Line light rail and West Colfax and minutes from Sloan’s Lake, Edgewater Public Market, and the Highlands
Long-Term Upside: Zoning is E-TU-C, side-by-side luxury duplex zoning and the property is located on a 6,300 + square foot corner lot. The property is surrounded by ongoing redevelopment and new townhome projects. This neighborhood is rapidly changing and the buyer will have ample future redevelopment opportunity
Flexibility: One lease ends in June and two leases end in August, offering future flexibility or owner occupancy
Perfect Investment Property for Buyers that are:
Seasoned investors looking for immediate income
First-time investors entering the market with a strong asset
House hackers seeking flexibility and future upside
Builders or developers focused on long-term redevelopment potential