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Home » Real Estate » CO » Wheat Ridge » 80033 » 11690 W 46th Ave, Wheat Ridge, CO, 80033
$1,600,000

11690 W 46th Ave, Wheat Ridge, CO, 80033

11 Beds
10 Baths
4,789 Square Feet
Exceptional fourplex opportunity in Wheat Ridge, just minutes from Denver and with 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 fourplex 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 two adjacent duplexes in the same cul-de-sac (MLS# 8890147) & (MLS# 7935750), creating an additional opportunity to expand within the multifamily market. SEE VIRTUAL TOUR FOR ADDITIONAL DETAILS.Located near the Wheat Ridge/Ward RTD G-Line Station and just minutes from light rail.
Offered By
Darla Stout, Keller Williams Advantage Realty LLC

Property Details

Property Type Residential Income
Status Active
Bedrooms 11
Square Feet 4,789
MLS # 3231871

Market Trends

New Properties On Market
31
6% Decrease In New Listings
Average Asking Price
$670,119
$15,799 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$367
$361 Increase In List Price/Sq. Ft.
Average Days On Market
9
23 Day Decrease In Days On Market
Data as of Jun 03, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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