About 11690 W 46th Ave
Exceptional fourplex opportunity in Wheat Ridge, just minutes from Denver and with convenient access to the foothills and mountain recreation.. This meticulously maintained multifamily property offers a rare owner-occupant opportunity to live in one unit while generating rental income from the others. Built and carefully maintained by the current owner/developer, this income-producing property reflects a level of quality and care that is difficult to find.The fourplex features a desirable unit mix with two ranch-style units and two two-story units, appealing to a wide range of tenants. Situated at the end of a quiet cul-de-sac, the property offers a private, residential setting with strong tenant appeal and consistent rental demand. Rents are currently below market, presenting a clear value-add opportunity with future upside potential. Recent upgrades include updated appliances, (unit A-new A/C 2025) and newer furnaces in each unit, supporting long-term efficiency and reduced maintenance. Separately metered utilities enhance ease of management, while functional layouts further contribute to tenant retention. Interior photos shown are of Unit B and are for reference only. Property is fully occupied; please allow time for coordinated showings.No HOA fees and multiple streams of rental income make this a versatile option for those seeking to offset their mortgage while building long-term wealth. Conveniently located near shopping, dining, parks, and major commuter routes, this property sits in a high-demand rental pocket of the Denver metro area. A rare combination of quality construction, thoughtful design, and long-term livability sets this multifamily property apart.Seller is also offering two adjacent duplexes in the same cul-de-sac (MLS# 8890147) & (MLS# 7935750), creating an additional opportunity to expand within the multifamily market. SEE VIRTUAL TOUR FOR ADDITIONAL DETAILS.Located near the Wheat Ridge/Ward RTD G-Line Station and just minutes from light rail.
Features of 11690 W 46th Ave
| MLS® # | 3231871 |
|---|---|
| Price | $1,650,000 |
| Bedrooms | 11 |
| Bathrooms | 10.00 |
| Square Footage | 4,789 |
| Acres | 0.35 |
| Year Built | 1997 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 11690 W 46th Ave |
|---|---|
| Area | Wheat Ridge |
| Subdivision | Fruitdale |
| City | Wheat Ridge |
| County | Jefferson |
| State | CO |
| Zip Code | 80033 |
Amenities
| Utilities | Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas |
|---|---|
| Parking Spaces | 8 |
| Parking | Attached |
| # of Garages | 8 |
| Garages | Attached |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cathedral Ceiling(s), Open Floorplan, Pantry, Walk-In Closet(s) |
|---|---|
| Appliances | Dishwasher, Refrigerator, Microwave, Disposal, Fire Alarm |
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| Fireplaces | Two or More |
| Stories | Bi-Level |
Exterior
| Exterior Features | Sprinkler System |
|---|---|
| Lot Description | Cul-De-Sac |
| Roof | Composition |
| Construction | Frame, Brick, Vinyl Siding, Concrete |
School Information
| District | Jefferson Dist R-1 |
|---|---|
| Elementary | Stevens |
| Middle | Everitt |
| High | Wheat Ridge |
Additional Information
| Days on Market | 63 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Darla Stout |
|---|---|
| Office | Keller Williams Advantage Realty LLC |