Listed By:
Coldwell Banker Realty- Fort Collins;
Address
6860 W 32nd Place, Wheat Ridge, CO
Price
$ 950,000
Property Attributes
  • MLS#IR1067731
  • TypeMulti-Family
  • Listing Status Active
  • CountyJEFFERSON
  • CityWheat Ridge
  • NeighborhoodWadsworth Corridor - Barths
  • Zip80033
  • Style
  • Year Built1964
  • Taxes$ 5104
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4558
  • Lot Size0.32 Acres
Data Source:
REColorado (MTOMLS)
Property Description

INVESTMENT OPPORTUNITY IN WHEAT RIDGE with NO HOA or Metro! 6860 & 6870 W 32nd Place is a Side-by-side Ranch Style duplex offering TWO spacious, move-in-ready 4-bedroom, 2-bath residences - 8 bedrooms and 4 bathrooms total. Both units share the garage wall (single garage per side). Each unit features 2 bedrooms and 1 bath on the main level, plus 2 bedrooms and 1 bath in the fully finished basements. Projected combined market rent is approximately $6,500 - $7,000/month ($78,000 - $84,000 annually), subject to buyer verification. Major capital improvements have already been completed including a New Roof in 2023, a fully replaced shared driveway with extended front porch for both units, BOTH Furnaces were replaced in 2024, and BOTH had Newly installed AC units in 2024. The property's two-unit configuration provides flexibility for Multigenerational living, rental income, owner occupancy with income generating adjoining unit, or other uses permitted by applicable zoning and regulations. Come check out this awesome property Today! (Operating expenses are estimated.)

Elementary School Middle School High School
Stevens Elementary School Everitt Middle School Wheat Ridge High School
Price History
9/2/2026 Listed $950,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Cable Available,Electricity Available,Natural Gas Available
Possession See Remarks
Roof Composition
Appliances Dishwasher,Oven,Refrigerator
Zoning R-2
Patio/Porch Features Patio
Security Features Smoke Detector(s)
Construction Materials Brick
Exclusions Seller's and Tenant's personal property
Year Built 1964
Tenant Pays Electricity,Gas,Grounds Care,Trash Collection
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Individual
Gross Income 6650
County Jefferson
Net Operating Income 70096
Operating Expense 9704
Property Type Residential Income
HOA No
Subdivision Name Wadsworth Corridor,Barths
Facing Direction North
Possible Use Multi-Family
Status Active
Directions From Denver,take I-70 W to Wadsworth Blvd. South on Wadsworth to W 32nd Ave. East on W 32nd Ave to W 32nd Pl. Follow to 6860 W 32nd Pl.
High School Wheat Ridge
City Wheat Ridge
High School District Jefferson County R-1
Number Of Units Total 2
Lot Size Square Feet 13939
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Elementary School Stevens
Tax Annual Amount 5104
Middle/Junior High School Everitt
Concessions No
Virtual Tour https://www.zillow.com/view-imx/f6d62d74-4176-487a-9c9c-5b7bcccecf6f?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Occupancy Type Owner
Elementary School District Jefferson County R-1
Cap Rate 7.38

Interior Features

Interior Amenities Eat-in Kitchen,Pantry,Radon Mitigation System
Basement Full
Basement (Y/N) Yes
Window Features Window Coverings
Laundry Features In Unit

Exterior Features

Fencing Partial
Water Source Public,Well
Total Parking 2
Building Area Total 4558
Lot Size Acres 0.32
Road Surface Type Paved
Road Frontage Type Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 80033

Price
AVG $1.01M
$950K
Taxes
AVG $4,608
$5,104
Year Built
AVG 1973
1964
Visits
AVG 213
23
Data Provided by Inside Real Estate®