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Sold for $964,000
  • $964,000

    7705 W 61st Avenue, Arvada, CO 80004

    8beds
    4baths
    3,096sqft
    Quadruplex
    Built in 1959
    -- sqft lot
    $952,800 Zestimate®
    $311/sqft
    $1,435 Estimated rent

    Home value

    $952,800

    $896,000 - $1.01M

    $1,435/mo

    Zestimate® history
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    What's special

    Ac wall unitIndividually fenced in backyardsRecently updated appliancesNewer furnaces
    Seize a rare opportunity to own a high-performing, ranch-style quadplex just over a 10-minute walk north of Olde Town Arvada. This prime location offers tenants unparalleled access to the city’s best dining, boutiques, and the G-Line Light Rail for a seamless Denver commute. The property consists of four 2-bed, 1-bath units generating a combined gross monthly income of $7,075 (an impressive 6.93% Proforma CAP Rate). Each unit offers a combination of highly desirable features including individually fenced in backyards, two off-street parking spots (8 total), W/D in unit, dishwasher, and an AC wall unit. Each unit has a separate furnace and hot water heater and is metered for gas and electric individually. Two newer furnaces, many recently updated appliances, and Unit #7745 has been fully renovated with modern LVP flooring and updated finishes. Don’t miss this stabilized asset in a high-demand submarket. Potential Seller financing on the equity the Seller has in the property as well. Contact the listing agent today for the current rent roll, the full Offering Memorandum, and to schedule a private tour.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Rampi 720-935-2184 prampi@moduscommercial.com,

    MODUS Real Estate

    Bought with:

    Rishi Dhir, 100108481

    Westwater Realty

    Source: REcolorado as distributed by MLS GRID,MLS#: 2264383MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Microwave, Oven, Range, Refrigerator
    • Laundry: In Unit
    Features
    • Has basement: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,096
    • Total interior livable area: 3,096 sqft
    • Finished area above ground: 3,096

    Property

    Parking
    • Total spaces: 8
    • Details: Off Street Spaces: 8
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground
    • Patio & porch: Patio
    • Exterior features: Private Yard
    Details
    • Parcel number: 010773
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Brick, Frame
    • Roof: Composition
    Condition
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Olde Town Arvada
    HOA
    • Has HOA: No
    Location
    • Region: Arvada

    Financial & listing details

    • Price per square foot: $311/sqft
    • Tax assessed value: $898,880
    • Annual tax amount: $4,587
    • Date on market: 1/14/2026
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Exclusions: Tenant's Personal Property
    • Ownership: Individual
    • Tenant pays: Electricity, Gas, Internet

    Price history

    DateEventPrice
    4/1/2026Sold$964,000+1.6%$311/sqft
    Source: REcolorado as distributed by MLS GRID #2264383 Report a problem
    2/26/2026Pending sale$949,000$307/sqft
    Source: REcolorado as distributed by MLS GRID #2264383 Report a problem
    2/16/2026Price change$949,000-5%$307/sqft
    Source: REcolorado as distributed by MLS GRID #2264383 Report a problem
    1/14/2026Price change$999,000+5.7%$323/sqft
    Source: REcolorado as distributed by MLS GRID #2264383 Report a problem
    11/22/2023Pending sale$945,000$305/sqft
    Source: REcolorado as distributed by MLS GRID #3636907 Report a problem
    11/8/2023Price change$945,000-5%$305/sqft
    Source: REcolorado as distributed by MLS GRID #3636907 Report a problem
    10/16/2023Listed for sale$995,000+32.7%$321/sqft
    Source: REcolorado as distributed by MLS GRID #3636907 Report a problem
    1/31/2019Listing removed$750,000$242/sqft
    Source: Pinnacle Real Estate Advisors #7650118 Report a problem
    1/24/2019Pending sale$750,000$242/sqft
    Source: Pinnacle Real Estate Advisors #7650118 Report a problem
    1/14/2019Price change$750,000-5.7%$242/sqft
    Source: Pinnacle Real Estate Advisors #7650118 Report a problem
    12/21/2018Pending sale$795,000$257/sqft
    Source: Pinnacle Real Estate Advisors #7650118 Report a problem
    12/11/2018Listed for sale$795,000$257/sqft
    Source: Pinnacle Real Estate Advisors #7650118 Report a problem
    9/27/2018Pending sale$795,000$257/sqft
    Source: Pinnacle Real Estate Advisors #7650118 Report a problem
    9/11/2018Listed for sale$795,000$257/sqft
    Source: Pinnacle Real Estate Advisors #7650118 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,587 -0.1%$56,180 +18.6%
    2024$4,593 +24.9%$47,353
    2023$3,676 -3.8%$47,353 +26.2%
    2022$3,819 +15.3%$37,536 -4.9%
    2021$3,312 $39,468 +15%
    2020$3,312 +1.4%$34,320
    2019$3,267 +15.9%$34,320 +19.2%
    2018$2,820 $28,800
    2017$2,820 +20.5%$28,800 +18.5%
    2016$2,340 $24,301
    2015$2,340 +5.8%$24,301 +11.3%
    2014$2,212 -2.8%$21,843
    2013$2,276 +2.1%$21,843 -3.7%
    2012$2,228 -11.2%$22,686
    2011$2,510 +5.8%$22,686 -11.8%
    2010$2,373 -6.5%$25,720
    2009$2,539 +0%$25,720 -6.4%
    2008$2,539 +2.7%$27,470
    2007$2,471 +1%$27,470 +3.7%
    2006$2,447 -0.9%$26,480 -1%
    2005$2,470 +9.3%$26,750
    2004$2,261 +15.7%$26,750
    2003$1,954 +1.7%$26,750 +17.6%
    2002$1,920 +4.8%$22,750 +17.2%
    2001$1,832 -1%$19,410
    2000$1,850 $19,410
    Find assessor info on the county website

    Neighborhood: Memorial Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lawrence
    • Middle: Arvada K-8
    • High: Arvada
    • 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.

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    Estimated market value
    $952,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $952,800