$10,000 Closing Credit¹
#3262310, Clayton Primm, Listing office: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
$1,000,000 List price
8682 W 51st Ave Arvada, CO 80002
$10,000
Closing credit¹
3,560 sqft
$281 / sqft
Multi-Family
Property details
About 8682 W 51st Ave
3 separate 4-plexes must be sold together. Each 4-plex is eligible for residential loans. Please see Commercial Listing 7003098 for further details. There are (3) 4-Plexes, 8662, 8672, 8682 W. 51st Ave. Rare turnkey opportunity for an investor to acquire 3 four-plex buildings in Arvada, Colorado with below market rents with upside potential. This well-maintained property attracts great long-term tenants because of the upkeep, location and affordability. There are typically very low vacancies. This property is an opportunity for investors seeking stable, long-term returns in a growing market with year over year growth. Featuring attractive townhome style units with fenced patios, personal storage rooms, central laundry and recent updates, this property is a great add to any investor portfolio. Great location 1 mile to Olde Town Arvada with restaurants, bars, shops and a light rail station. The City of Arvada has improved the walking trails in front of the buildings, and Eben G. Fine offers a peaceful lake and grassy areas. The property is surrounded by single family homes and not high-density rental units. • 12 units, 2-bedroom 1 bathroom, ~900 square feet • Nearly all units have been updated with new kitchens, new flooring, new paint, and/or new bathrooms. • Open floorplan with 12x12 kitchen and 12x14 family room • Lots of common grass areas for picnics or volleyball • Open parking lot with tons of room to park • Each of the three buildings has a central boiler for dual-zone radiant heat. Most of the 24 zone valves have been replaced in the past 10 years • Each unit has a separate electrical meter, averaging the tenants $30-$50/month • Shared laundry room with 2 new commercial washers and 3 driers. Setup for coin or a payment app • Newer shed with lots of supplies, tools and replacement parts • All unit electrical panels replaced in 2025 • Newer windows
Highlights
Home typeQuadruplex
HeatingBaseboard, Natural Gas, Radiant
StatusActive
Size3,560 sqft
Year built1961
MLS #2529916
Summary
- Basement: No
- Attached Garage: No
- Exterior: Garden, Private Yard
- Architectural Style: Contemporary
- Heating: Baseboard, Natural Gas, Radiant
- Cooling: None
- List Price: $1,000,000
- Price/SqFt: $280
- Annual Tax Amount: $4,055
- Tax Year: 2023
- Year Built: 1961
- Living Area: 3,560 SqFt
- MLS Number: 2529916
- MLS Name: RECOLORADO
- Office Name: HomeSmart
- Office Phone: (303) 858-8100
- Listing Agent: Ryan Pratt
Listings courtesy of REColorado as distributed by MLS GRID.
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Greenwood Village, CO 80111 USA
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$1,000,000
8682 W 51st Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $40,695 | $4,055 |
| 2022 | $37,536 | $3,763 |
| 2021 | $39,468 | $3,903 |
| 2020 | $34,320 | $3,390 |
| 2019 | $34,560 | $2,889 |
| 2018 | $28,800 | $2,648 |
| 2017 | $31,840 | $2,189 |
History based on county public records data.
Nearby schools
6
Lawrence Elementary School
Public District KG-5
0.8 mi
•5611 Zephyr St
6
Peak Expeditionary School at Pennington
Public District PK-5
0.8 mi
•4645 Independence St
5
Wilmore Davis Elementary School
Public District PK-5
1.2 mi
•7975 W 41st Ave
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 $60,500. The most common annual income of people living in Arvada, CO is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
18%
<35k
65%
35k-100k
16%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
11%
Single, with Kids
21%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
42%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
College Basketball
Symphony or Opera
Soccer
Where do the neighbors shop?
Dillards
Chico's
Forever 21
Where do the neighbors go to eat?
Logan's Roadhouse
Boston Market
Dominos Pizza
What do the neighbors drive?
Hyundai
Volvo
Mazda
What do the neighbors listen to?
Rock
Talk/Personality
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8682 W 51st Ave
The listing price of 8682 W 51st Ave property is $1,000,000.
The property 8682 W 51st Ave is a multi located in Arvada, Colorado, 80002.
Active Listing: 8682 W 51st Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8682 W 51st Ave are: Lawrence Elementary School (GreatSchools Rating 6/10), Peak Expeditionary School at Pennington (GreatSchools Rating 6/10), Wilmore Davis Elementary School (GreatSchools Rating 5/10), Arvada K-8 School (GreatSchools Rating 3/10), Foster Dual Language PK-8 (GreatSchools Rating 5/10), Mountain Phoenix Community School (GreatSchools Rating 7/10), Wheat Ridge High School (GreatSchools Rating 5/10), Arvada High School (GreatSchools Rating 3/10), Arvada West High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $4,055 (source: MLS/based on county public records data).
The property 8682 W 51st Ave is 3,560 SqFt (source: MLS/tax record).
The year of construction for 8682 W 51st Ave is 1961.
This home is located at 8682 W 51st Ave in Arvada, CO and zip code 80002 in the Olde Town Arvada neighborhood. This 3,560 square foot home was built in 1961. Features: 0 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $1,000,000.
In May 2025 more than 64 listings in Arvada, CO were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 62 were sold below. The number of homes for sale in Arvada, CO increased by 14.6% between April and May 2025. In May 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $629,694.
From Rocket Homes Real Estate and based on county public records data.