Rare Wheat Ridge four plex. Just minutes from Denver and 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 four plex 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 neighboring duplex (MLS# 8890147-SOLD) & (MLS# 7935750-AVAILABLE), creating an additional opportunity to expand within the multifamily market. SEE VIRTUAL TOUR. Located near the Wheat Ridge/Ward RTD G-Line Station and just minutes from light rail.
For sale
Price increase: $50K (7/17)
$1,650,000
11690 W 46th Avenue, Wheat Ridge, CO 80033
11beds
10baths
4,789sqft
Quadruplex
Built in 1997
-- sqft lot
$-- Zestimate®
$345/sqft
$-- HOA
What's special
- 144 days
- 210
- 13
Zillow last checked:
Listing updated:
Listed by:
Darla Stout 303-918-3303,
Keller Williams Advantage Realty LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 3231871
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 10
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
- Laundry: In Unit
Features
- Laminate Counters, Open Floorplan, Pantry, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Laminate, Tile
- Basement: Crawl Space
- Number of fireplaces: 4
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,789
- Total interior livable area: 4,789 sqft
- Finished area above ground: 4,789
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Concrete
- Attached garage spaces: 8
Features
- Levels: Multi/Split
- Entry location: Exterior Access
- Patio & porch: Front Porch, Patio
- Fencing: Partial
Lot
- Size: 0.35 Acres
- Features: Cul-De-Sac, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Details
- Parcel number: 440383
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick, Frame, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Fruitdale
HOA
- Has HOA: No
Location
- Region: Wheat Ridge
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $1,133,360
- Annual tax amount: $6,942
- Date on market: 5/15/2026
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
- Exclusions: Seller & Tenant Personal Property
- Ownership: Individual
- Tenant pays: Cable TV, Electricity, Gas, Internet, Telephone
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,933/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $1,650,000+3.1%$345/sqft |
Source: | ||
| 5/15/2026 | Listed for sale | $1,600,000+576.2%$334/sqft |
Source: | ||
| 2/24/1997 | Sold | $236,600$49/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,565 -0.1% | $70,835 +16.8% |
| 2024 | $5,572 +10.4% | $60,668 |
| 2023 | $5,048 -3.7% | $60,668 +11.5% |
| 2022 | $5,241 +15.1% | $54,427 -4.9% |
| 2021 | $4,552 | $57,228 +15% |
| 2020 | $4,552 +1.4% | $49,764 |
| 2019 | $4,489 +15.8% | $49,764 +19.2% |
| 2018 | $3,876 | $41,760 |
| 2017 | $3,876 +1.7% | $41,760 +0.3% |
| 2016 | $3,811 | $41,639 |
| 2015 | $3,811 +30.4% | $41,639 +37% |
| 2014 | $2,923 -0.3% | $30,383 |
| 2013 | $2,933 -2.5% | $30,383 -4.3% |
| 2012 | $3,009 +0.4% | $31,760 |
| 2011 | $2,997 +6.1% | $31,760 -0.3% |
| 2010 | $2,823 -13.2% | $31,870 |
| 2009 | $3,251 +0.5% | $31,870 -12.9% |
| 2008 | $3,234 -8.7% | $36,610 |
| 2007 | $3,541 +0% | $36,610 -7.7% |
| 2006 | $3,541 +2.8% | $39,650 +2.7% |
| 2005 | $3,445 +9.4% | $38,610 |
| 2004 | $3,149 -16.7% | $38,610 -3.5% |
| 2003 | $3,778 +1.7% | $40,030 -12.3% |
| 2002 | $3,716 +30.2% | $45,660 +45.8% |
| 2001 | $2,854 -1.2% | $31,320 |
| 2000 | $2,889 | $31,320 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80033
Nearby schools
Schools provided by the listing agent
- Elementary: Stevens
- Middle: Everitt
- High: Wheat Ridge
- District: Jefferson County R-1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.









