Price Improvement! Exceptional 4-Plex Investment Opportunity in Prime Wheat Ridge Location
Welcome to 9041 W. 45th Place, a well-located four-unit multifamily property in the heart of Wheat Ridge. This 4-plex offers a strong opportunity for investors seeking stable rental demand in one of the metro area’s most desirable west-side communities.
Situated on a quiet residential street, the property provides convenient access to downtown Denver, I-70, Golden, and the mountains, while being just minutes from parks, trails, shopping, dining, and local amenities. Wheat Ridge continues to be a high-demand rental market thanks to its central location, neighborhood charm, and proximity to major employment centers.
Each unit offers a functional layout with great natural light, making them appealing to long-term tenants. Whether you’re looking to hold for steady cash flow, house hack, or add value over time, this property presents flexibility and upside in a proven market.
A rare chance to own a multi-unit asset in an established neighborhood with long-term growth potential. Don’t miss this solid addition to your investment portfolio.
Roof was viewed by Professional Roofing Company in 2025 and passed inspection with no needed repairs or replacement.
Property Manager would need to set-up showing times with tenants, so please give 48 hours notice.
2025 Operating Expenses
utilities=$2517
water=$2183
trash=$3251
taxes=$4639
sewer=$778
management=$4207
insurance=$8729
Pending
Price cut: $25K (6/11)
$775,000
9041 W 45th Place, Wheat Ridge, CO 80033
8beds
4baths
2,944sqft
Quadruplex
Built in 1961
-- sqft lot
$755,900 Zestimate®
$263/sqft
$-- HOA
What's special
- 153 days |
- 282 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Greg Kitzmiller 303-960-5489 gregkitz85@gmail.com,
Berkshire Hathaway HomeServices Colorado Real Estate, LLC,
Sharon Kitzmiller 720-206-4398,
Berkshire Hathaway HomeServices Colorado Real Estate, LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 1753221
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Oven, Range, Refrigerator
- Laundry: In Unit
Features
- Flooring: Carpet, Laminate
- Has basement: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,944
- Total interior livable area: 2,944 sqft
- Finished area above ground: 2,944
Property
Parking
- Total spaces: 8
- Details: Off Street Spaces: 8
Features
- Levels: One
- Stories: 1
- Exterior features: Rain Gutters
- Fencing: None
Lot
- Size: 10,730 Square Feet
Details
- Parcel number: 043290
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Electric: 110V, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Trout
HOA
- Has HOA: No
Location
- Region: Wheat Ridge
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $706,760
- Annual tax amount: $4,640
- Date on market: 1/28/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Exclusions: Washers And Dryers Are Tenant Owned
- Ownership: Corporation/Trust
- Tenant pays: Electricity
- Electric utility on property: Yes
Estimated market value
$755,900
$718,000 - $794,000
$1,957/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Pending sale | $775,000$263/sqft |
Source:  REcolorado as distributed by MLS GRID #1753221 Report a problem | ||
| 6/11/2026 | Price change | $775,000-3.1%$263/sqft |
Source: REcolorado as distributed by MLS GRID #1753221 Report a problem | ||
| 3/16/2026 | Price change | $800,000-5.9%$272/sqft |
Source: REcolorado as distributed by MLS GRID #1753221 Report a problem | ||
| 1/28/2026 | Listed for sale | $850,000+100.5%$289/sqft |
Source: REcolorado as distributed by MLS GRID #1753221 Report a problem | ||
| 8/13/2015 | Sold | $424,000+34.6%$144/sqft |
Source: Public Record Report a problem | ||
| 12/12/2013 | Sold | $315,000-3.1%$107/sqft |
Source: Public Record Report a problem | ||
| 9/26/2013 | Price change | $325,000-4.1%$110/sqft |
Source: PINNACLE REAL ESTATE ADVISORS, LLC #1210791 Report a problem | ||
| 7/18/2013 | Listed for sale | $339,000-6.5%$115/sqft |
Source: PINNACLE REAL ESTATE ADVISORS, LLC #1210791 Report a problem | ||
| 9/27/2004 | Sold | $362,500+3%$123/sqft |
Source: Public Record Report a problem | ||
| 12/31/2001 | Sold | $352,000$120/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,390 +9.2% | $47,353 |
| 2023 | $4,022 -3.6% | $47,353 +9.7% |
| 2022 | $4,170 +15.2% | $43,167 -4.9% |
| 2021 | $3,619 | $45,388 +15% |
| 2020 | $3,619 +1.4% | $39,468 |
| 2019 | $3,570 +15.8% | $39,468 +19.2% |
| 2018 | $3,081 | $33,120 |
| 2017 | $3,081 +36.9% | $33,120 +34.9% |
| 2016 | $2,251 | $24,548 |
| 2015 | $2,251 +6.1% | $24,548 +11.3% |
| 2014 | $2,122 -2.7% | $22,065 |
| 2013 | $2,181 +2.2% | $22,065 -3.8% |
| 2012 | $2,135 -11.2% | $22,925 |
| 2011 | $2,405 +6% | $22,925 -11.8% |
| 2010 | $2,268 -5.6% | $25,990 |
| 2009 | $2,402 +0.2% | $25,990 -5.4% |
| 2008 | $2,397 +2.6% | $27,470 |
| 2007 | $2,336 0% | $27,470 +3.7% |
| 2006 | $2,336 -0.7% | $26,480 -1% |
| 2005 | $2,352 +9.8% | $26,750 |
| 2004 | $2,143 +17.5% | $26,750 +17.6% |
| 2002 | $1,825 +4.6% | $22,750 +17.2% |
| 2001 | $1,744 -1.3% | $19,410 |
| 2000 | $1,766 | $19,410 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 80033
Nearby schools
GreatSchools rating
- 7/10Peak Expeditionary - PenningtonGrades: PK-5Distance: 0.4 mi
- 5/10Everitt Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Wheat Ridge High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Pennington
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Jefferson County
- Wheat Ridge
- 80033
- 9041 W 45th Place
Nearby cities
Nearby zip codes
Other Wheat Ridge Topics
