7740 Idlewild St
Commerce City, CO 80022
- 8 beds
- 4 baths
- 3,638 sqft
- ~1/2 acre lot
- $329 per sqft
- 1976 build
- – on site
Remodeled 4-Unit Investment with Development Upside | Strong Cash Flow + Value-Add Potential This is a rare opportunity to acquire two fully separate duplexes with huge detached garage on a combined double lot in under-the-radar, high-demand Commerce City. Offering immediate income, long-term upside, and flexible development potential. Three units renovated and value-add renovation potential on fourth unit. All units fully leased and stable. Individually metered, all with laundry hookups. __Strong Financials & Cash Flow__ • Offered as-is at a 6.5% cap rate, with pro forma projections almost 7.2% cap (includes vacancy and mgmt allowances) • Pro forma Total Returns achieving 9.5% based on typical investment loan terms (detailed pro forma available) • All units currently filled, rented below market, providing immediate upside through rent adjustments • Four detached storage units on-site offer additional income potential • Stable rent history with consistent increases over time __Development Potential on Nearly Half an Acre__ • Zoned R-3 with lot size of .4545 acres • Each building has separate sewer mains, providing critical infrastructure for future development • Expansive side yards and an enormous unused rear lot open the door for increased density or phased development • Ideal for investors to rent one building while developing the other, leveraging existing cash flow to fund expansion • Perfect for a buy-and-hold strategy, combining immediate income stability with appreciation potential __Low-Maintenance Asset with Curb Appeal__ • Durable stucco exteriors, quality roof, and xeriscaped front yard reduce operating costs • Tenant-maintained backyard minimizes owner responsibilities • Full front privacy fence enhances aesthetics and tenant satisfaction • Clean and easy to lease, low maintenance tenants Agent has interest
Last checked:
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Last updated Apr 9, 2025
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MLS# 2940083 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1976
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Direction Faces:Northwest
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Construction Materials:Stucco
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Structure Type:Quadruplex
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Roof:Composition
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Common Walls:1 Common Wall
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Basement:false
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Levels:One
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Foundation Details:Slab
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Building Area Total:3638
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Above Grade Finished Area:3638
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Property Attached:true
Interior
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Interior Features:Ceiling Fan(s), High Speed Internet, Quartz Counters
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Flooring:Tile, Vinyl
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Laundry Features:In Unit
Room Dimensions
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Living Area:3638
Location
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Latitude:39.83711259
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Longitude:-104.921683
The Property
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Property Type:Residential Income
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Property Subtype:Quadplex
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Parcel Number:0172132212034
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Property Condition:Updated/Remodeled
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Zoning:R-3
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Lot Size Area:0.45
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Lot Size Acres:0.45
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Lot Size SqFt:19602
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Lot Size Units:Acres
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Exclusions:Tenants personal property
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Fencing:Full
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (303) 968-4354
- Office phone:
- (877) 663-9366
Taxes
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Tax Year:2024
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Tax Annual Amount:4367
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Tax Legal Description:LOTS 1 AND 2, BLOCK 2, PEAK INVESTMENTS, COUNTY OF ADAMS, STATE OF COLORADO.
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Natural Gas
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Cooling:Air Conditioning-Room, Evaporative Cooling
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer
Schools
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Elementary School:Dupont
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Elementary School District:Adams 14
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Middle Or Junior School:Adams City
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Middle Or Junior School District:Adams 14
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High School:Adams City
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High School District:Adams 14
The Community
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Subdivision Name:Peak Investments
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Senior Community:false
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Association:false
Parking
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Parking Total:4
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Parking Features:Driveway-Gravel
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Attached Garage:false
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Carport Spaces:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
