Public Remarks: Wheat Ridge 4-Unit Investment Opportunity! All four units are large 2Bed/1Bath units. Three have recently remodeled kitchens. Newer high efficiency boiler - to heat the entire property (utility room included) costs about $100/month. Opportunity to include heat with rent and collect higher rents. Low maintenance exterior. Newer asphalt parking lot for tenants. Solid cash flow with upside in rents. Located in between Kipling and Wadsworth, just north of 44th Ave. Easy access to I-70, 15 minutes to downtown, 15 minutes to the mountains. Within minutes of the Highlands, Tennyson, Golden, Olde Town Arvada, and Belmar. Across the street from Anderson Park & Pool.
Multi-familyProperty Type
1961Year Built
9,280 sq ftLot Size
$338Est. Price/Sq.Ft.
12 car garageParking
Listed by Patrick Rampi• Brokers Guild Homes
Contact: 303-752-0007
Bought with Nicholas Hodapp• Atlas Real Estate Group
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
9,278 Sq. Ft.
Year renovated
1961
Sq. Ft.
2,944
Year built
1961
Style
Mobile/Manufactured Home
County
Jefferson County
APN
300043151
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 23, 2026.
R-3
Residential-Three District
This district is established to provide high quality, safe, quiet and stable medium to high-density residential neighborhoods, and to prohibit activities of any nature which are incompatible with the medium to high-density residential character.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Educational/school
Fire house
Park & open space
Property details
Parking
Parking Features
Covered Spaces: 12
Garage: Yes
Garage Spaces: 12
Interior
Bedroom Information
Bedrooms Total: 8
Heating & Cooling
Heating: Yes
Hot Water
Interior Features
Dishwasher, Refrigerator
Exterior
Exterior Features
Roof: Composition
Lot Information
Horse(s): No
Property Information
Property Type: Residential Income
Waterfront: No
Subdivision Information
Subdivision Name: Kipling Heights
MLS Area Major: Metro Denver
Building Information
Above Grade Finished Area: 2944
Building Area Total: 2944
Construction Materials: Brick/Brick Veneer
Financial
Tax Information
Tax Annual Amount: 3570
Tax Year: 2019
Lease Information
Gross Income: 56688
Operating Expense: 11642
Financial Information
Listing Terms: Cash, Conventional, 1031 Exchange
Utilities
Utility Information
Electric: Separate Meter Electricity
Gas: Separate Meter Gas
Sewer: City Sewer,Public Sewer
Location
Multi-Unit Information
Number of Units Total: 4
Multi-Family Financial Information
Cap Rate: 5.099999
Net Operating Income: 42212
Tenant Pays: Electricity
HOA Information
Association: No
School Information
High School District: Jefferson County R-1
Elementary School: Pennington
Middle or Junior School: Everitt
High School: Wheat Ridge
Location Information
Unparsed Address: 4515 Flower St Wheat Ridge CO 80033
Street Number: 4515
Street Name: Flower
Street Suffix: St
City: Wheat Ridge
State or Province: CO
County or Parish: Jefferson
Country: US
Postal Code: 80033
Coordinates: -105.099434,39.77953
Latitude: 39.77953
Longitude: -105.099434
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,944
Stories: —
Lot Size: 9,278 square feet
Style: Mobile/Manufactured Home
Year Built: 1961
Year Renovated: 1961
County: Jefferson County
APN: 300043151
Home facts updated by county records on Jun 23, 2026
Other
Miscellaneous Information
Exclusions: Tenants personal property, including all washers and dryers.
Listing Information
Attribution Contact: 303-752-0007
Close Price: $835,000
Photos Count: 17
Standard Status: Closed
Listing Date Information
Close Date: Friday, August 28, 2020
Cumulative Days on Market: 7
Days on Market: 7
Listing Contract Date: Monday, July 6, 2020
Modification Timestamp: Saturday, October 19, 2024 5:50 PM
Home Information
Year Built: 1961
Around this home
Schools
Peak Expeditionary - Pennington
Public PreK-5 • Assigned • 0.4mi
8/10
Everitt Middle School
Public 6-8 • Assigned • 0.7mi
4/10
Wheat Ridge High School
Public 9-12 • Assigned • 1.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 53-65% chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 19 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Wheat Ridge, CO • 80033
Average low and high temperatures (°F)
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52
69
42
55
32
55
30
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.