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3830 Otis St Unit 1-4

Wheat Ridge, CO 80033

8 beds
8 baths
6,548 sqft
$303 per sqft
1981 build
– on site

Welcome to this exceptional quadplex in the desirable Edgewater area, offering a prime investment opportunity with four spacious units, each over 1600 square feet. Something you will not find in any other income property in the surrounding area. Every unit features 2 bedrooms and 2 bathrooms, large kitchen with additional dining area, family room and living room, and their own washer/dryer, designed for comfort and modern living. Stainless Steel appliances finish the modern look of the kitchens, and 4-piece second floor bathrooms provide ample space. The new owner will not have to do anything as recent updates include sleek new flooring, contemporary countertops in the kitchens/baths, and stylish new tile in the kitchen backsplash and bathrooms. Additional upgrades consist of new windows, a newer roof, fresh paint in and out, new gutters, new boilers, and newer privacy fencing. New swamp coolers add to the appeal, providing efficient cooling. New landscaping finishes out the extraordinary upkeep this property has endured. Each unit is equipped with its own detached carport and a one-car garage, along with outside parking ensuring substantial parking. Existing tenants have been leasing for extended periods, and vacancy rates have been zero for over 1 1/2 years and below 2% prior to that. With its blend of updated features and convenient amenities, and great location, this quadplex is a standout property for investors seeking a stable income stream and a well-maintained asset in the Edgewater area.

Listing courtesy of IRES

Last checked: Checking… • Last updated Mar 28, 2025 •

MLS# 2082472 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1981
New Construction:

false
Construction Materials:

Brick/Brick Veneer
Total SqFt:

6,548 Sqft
Unit Number:

1-4
# of Units Total:

4
Building Area Total:

6548
Roof:

Composition
Levels:

Two
Stories:

2
Patio And Porch Features:

Patio
Above Grade Finished Area:

6548

Interior

Interior Features:

Walk-In Closet(s)
Fireplace:

true
Fireplace Features:

2+ Fireplaces

Room Dimensions

Living Area:

6548
Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash
Tenant Pays:

Gas

Location

Coordinates:

-105.070793, 39.769852
Latitude:

39.769852
Longitude:

-105.070793

The Property

Property Type:

Residential Income
Property Subtype:

Income Property
Lot Features:

Gutters
Lot Size Units:

Square Feet
Exclusions:

Any/all items owned by current tenants.
Horse:

false
Fencing:

Partial
Waterfront:

false
Has Water Rights:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$2,326

Beds

Bedrooms Total:

8

Baths

Total Baths:

8

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Evaporative Cooling
Cooling:

true

Utilities

Utilities:

Electricity Available
Gas:

Separate Meter Gas
Electric:

Electric, Separate Meter Electricity
Sewer:

City Sewer
Water Source:

City Water

Appliances

Appliances:

Self Cleaning Oven

Schools

Elementary School:

Stevens
Middle School:

Everitt
High School:

Wheat Ridge
High School District:

Jefferson County R-1

The Community

Association:

false
Subdivision Name:

Patio Court Condos
Spa:

false
Senior Community:

false

Parking

Garage Spaces:

4
Garage:

true
Garage Type:

Detached
Attached Garage:

false
Covered Spaces:

4

Extra Units

Bedrooms Unit 1:

2
Total Baths Unit 1:

2
Bedrooms Unit 2:

2
Total Baths Unit 2:

2
Bedrooms Unit 3:

2
Total Baths Unit 3:

2
Bedrooms Unit 4:

2
Total Baths Unit 4:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/27/25 Mar 27, 2025	Price Changed	IRES	$1,990,000	-5.2%
8/31/24 Aug 31, 2024	Listed / Active	IRES	$2,100,000

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This multifamily located in Barths, Wheat Ridge, CO 80033 is currently for sale for $1,990,000. 3830 Otis St Unit 1-4 is a 6,548 square foot multifamily with 8 beds and 8 baths that has been on Estately for 230 days. 3830 Otis St Unit 1-4 is in the Barths neighborhood of Wheat Ridge and has a WalkScore® of 84, making it very walkable. This multifamily is in the attendance area of Everitt Middle School, Wheat Ridge High School, and Stevens Elementary School.

Listing Courtesy of: IRES

TERMS OF USE: listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS