$8,301 Closing Credit¹
#9012236, Magali Fredrick, Listing Office: HomeSmart
#2631736·
Listing office: Your Castle Real Estate Inc·
Listing agent: Sean Nealon·
Listing office phone: 720-384-8563
$600,000 List price
4685 Wadsworth Blvd Wheat Ridge, CO 80033
$7,125
Closing credit¹
5 beds
1 full, 1 partial
2,270 sqft
0.2 acres
$264 / sqft
House
Property details
About 4685 Wadsworth Blvd
Prime Multi Unit Investment Opportunity in Wheat Ridge – High Income Potential as is or through development. Discover a unique investment opportunity in the heart of Wheat Ridge along the bustling Wadsworth Boulevard corridor. This two unit property sits in a highly opportunistic area, currently zoned R-2, with immense potential for commercial or mixed-use rezoning, offering long-term development advantages. Currently being used as a residential investment with two long term tenants in place. Property Features: Upper Unit: 3-bed, 1-bath, recently remodeled (2020-2021), includes washer/dryer and access to a one-car garage. additional revenue potential by monetizing the garage space. Lower Unit: 2- bed, 1-bath garden-level unit with egress windows in every room, washer/dryer included. Outdoor Space: Fully fenced backyard shared by both units. Parking: Ample off-street parking, including RV parking. Investment Highlights: Cap Rate Growth Potential: Owner currently covers utilities (gas, electric, water, sewer). Transferring these to tenants immediately increases net income. Current Lease Structure: 3-bed unit is month-to-month at $2450, offering flexibility; 2-bed unit leased through November 2025 at $1600. Future Development Upside: Potential for mixed-use conversion, ideal for a retail storefront on one level and residential or office space above. Whether you’re an investor looking to optimize returns with strategic lease adjustments or a visionary developer seeking long-term appreciation in a growing area, this property presents endless opportunities. Don’t miss out on this high-yield, versatile investment in a rapidly evolving market! Contact us today for more details or to schedule a private tour. Seller is open to creative financing opportunities as well.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Radiant
StatusActive
Size2,270 sqft
BasementYes
Lot size0.23 Acres
Year built1938
ParkingConcrete
MLS #2631736
Attached garage1 space
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Carpet, Tile, Wood
- Interior: Built-in Features
- Total Bedroom Count: 5
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Concrete
- Exterior: Lighting, Private Yard, Rain Gutters
- Heating: Natural Gas, Radiant
- Cooling: None
- List Price: $600,000
- Price/SqFt: $264
- Annual Tax Amount: $3,180
- Tax Year: 2023
- Directions: Enter the property only from the southbound lane of Wadsworth Boulevard
- Year Built: 1938
- Living Area: 2,270 SqFt
- Lot Size: 0.23 Acres
- MLS Number: 2631736
- MLS Name: RECOLORADO
- Office Name: Your Castle Real Estate Inc
- Office Phone: (720) 384-8563
- Office Email: sean@nealonhometeam.com
- Listing Agent: Sean Nealon
Listings courtesy of REColorado as distributed by MLS GRID.
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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Last updated on: 4/28/2025, 3:12:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$600,000
4685 Wadsworth Blvd
$7,125
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 07, 2021 | Home Sold | $545,000 |
| Apr 29, 2021 | Home Sold | $21,630 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $36,379 | $3,180 |
| 2021 | $25,235 | $2,214 |
| 2020 | $23,802 | $2,077 |
| 2019 | $23,968 | $1,842 |
| 2018 | $20,681 | $1,664 |
| 2017 | $22,864 | $1,495 |
History based on county public records data.
Nearby schools
5
Wilmore Davis Elementary School
Public District PK-5
0.6 mi
•7975 W 41st Ave
5
Stevens Elementary School
Public District PK-5
0.7 mi
•4001 Reed St
6
Lawrence Elementary School
Public District KG-5
1.2 mi
•5611 Zephyr St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,531. Residents of Wheat Ridge, CO typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
27%
<35k
62%
35k-100k
9%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
44%
Single, No Kids
13%
Single, with Kids
27%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Horse Races
PGA/LPGA
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
LongHorn Steakhouse
Bonefish Grill
What do the neighbors drive?
Mazda
Buick
Lincoln
What do the neighbors listen to?
Rock
Contemporary Inspirational
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4685 Wadsworth Blvd
The listing price of 4685 Wadsworth Blvd property is $600,000.
The property 4685 Wadsworth Blvd is a house located in Wheat Ridge, Colorado, 80033.
Active Listing: 4685 Wadsworth Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4685 Wadsworth Blvd are: Wilmore Davis Elementary School (GreatSchools Rating 5/10), Stevens Elementary School (GreatSchools Rating 5/10), Lawrence Elementary School (GreatSchools Rating 6/10), Foster Dual Language PK-8 (GreatSchools Rating 5/10), Arvada K-8 School (GreatSchools Rating 3/10), Everitt Middle School (GreatSchools Rating 4/10), Wheat Ridge High School (GreatSchools Rating 5/10), Jefferson Junior/Senior High School (GreatSchools Rating 3/10), Early College of Arvada (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $3,180 (source: MLS/based on county public records data).
The last sale was on September 7, 2021 for $545,000 (source: MLS/tax record).
The property at 4685 Wadsworth Blvd has 5 bedrooms and 1 full and 1 half bathrooms.
The property 4685 Wadsworth Blvd is 2,270 SqFt (source: MLS/tax record).
The year of construction for 4685 Wadsworth Blvd is 1938.
This home is located at 4685 Wadsworth Blvd in Wheat Ridge, CO and zip code 80033 in the Hillcrest neighborhood. This 2,270 square foot home, which was built in 1938, sits on a 0.23 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $600,000.
While more than 10 listings in Wheat Ridge, CO in March 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 19 were sold below. The inventory of homes for sale in Wheat Ridge, CO between February and March 2025 increased by 26.1%. Listings spent 49 days on the market in March 2025, and had a median list price of $645,666 during the same period.
From Rocket Homes Real Estate and based on county public records data.