Welcome to this exceptional quadplex in the desirable Edgewater area, offering a prime investment opportunity with four spacious units, each over 1600 square feet. Something you will not find in any other income property in the surrounding area. Every unit features 2 bedrooms and 2 bathrooms, large kitchen with additional dining area, family room and living room, and their own washer/dryer, designed for comfort and modern living. Stainless Steel appliances finish the modern look of the kitchens, and 4-piece second floor bathrooms provide ample space. The new owner will not have to do anything as recent updates include sleek new flooring, contemporary countertops in the kitchens/baths, and stylish new tile in the kitchen backsplash and bathrooms. Additional upgrades consist of new windows, a newer roof, fresh paint in and out, new gutters, new boilers, and newer privacy fencing. New swamp coolers add to the appeal, providing efficient cooling. New landscaping finishes out the extraordinary upkeep this property has endured. Each unit is equipped with its own detached carport and a one-car garage, along with outside parking ensuring substantial parking. Existing tenants have been leasing for extended periods, and vacancy rates have been zero for over 1 1/2 years and below 2% prior to that. With its blend of updated features and convenient amenities, and great location, this quadplex is a standout property for investors seeking a stable income stream and a well-maintained asset in the Edgewater area.
For sale
Price cut: $200K (12/31)
$1,575,000
3830 Otis Street #1-4, Wheat Ridge, CO 80033
8beds
8baths
6,548sqft
Est.:
Quadruplex
Built in 1981
-- sqft lot
$-- Zestimate®
$241/sqft
$-- HOA
What's special
Stylish new tileContemporary countertopsNewer roofNew boilersNew swamp coolersNew guttersNew landscaping
- 562 days |
- 355 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: January 24, 2026 at 02:51pm
Listed by:
Chad Hartmann 720-724-3933,
The Old Country Real Estate Group LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 2082472
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Self Cleaning Oven, Washer
- Laundry: In Unit
Features
- Ceiling Fan(s), Laminate Counters, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Has basement: No
- Number of fireplaces: 4
- Fireplace features: Family Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,548
- Total interior livable area: 6,548 sqft
- Finished area above ground: 6,548
Property
Parking
- Total spaces: 13
- Parking features: Asphalt, Concrete
- Garage spaces: 4
- Carport spaces: 5
- Covered spaces: 9
- Details: Reserved Spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch
- Exterior features: Lighting, Private Yard, Rain Gutters
- Fencing: Partial
Lot
- Features: Landscaped, Sprinklers In Front
Details
- Parcel number: 400544
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Patio Court Condos
HOA
- Has HOA: No
Location
- Region: Wheat Ridge
Financial & listing details
- Price per square foot: $241/sqft
- Annual tax amount: $2,326
- Date on market: 9/1/2024
- Listing terms: 1031 Exchange,Cash,Conventional,Jumbo
- Exclusions: Any/All Items Owned By Current Tenants.
- Ownership: Individual
- Tenant pays: Cable TV, Electricity, Gas, Grounds Care
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,852/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/24/2026 | Listed for sale | $1,575,000$241/sqft |
Source:  REcolorado as distributed by MLS GRID #2082472 Report a problem | ||
| 1/14/2026 | Pending sale | $1,575,000$241/sqft |
Source: REcolorado as distributed by MLS GRID #2082472 Report a problem | ||
| 12/31/2025 | Price change | $1,575,000-11.3%$241/sqft |
Source: REcolorado as distributed by MLS GRID #2082472 Report a problem | ||
| 8/3/2025 | Price change | $1,775,000-10.8%$271/sqft |
Source: REcolorado as distributed by MLS GRID #2082472 Report a problem | ||
| 3/28/2025 | Price change | $1,990,000-5.2%$304/sqft |
Source: REcolorado as distributed by MLS GRID #2082472 Report a problem | ||
| 9/1/2024 | Listed for sale | $2,100,000$321/sqft |
Source: REcolorado as distributed by MLS GRID #2082472 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$8,791/mo
Principal & interest
$8122
Property taxes
$669
More affordability tools
Climate risks
Neighborhood: 80033
Nearby schools
GreatSchools rating
- 5/10Stevens Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Everitt Middle SchoolGrades: 6-8Distance: 2 mi
- 7/10Wheat Ridge High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Stevens
- 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.
Local experts in 80033
- Colorado
- Jefferson County
- Wheat Ridge
- 80033
- 3830 Otis Street Unit 1-4
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