6735-6733-6731 W 37th Place, Wheat Ridge, CO 80033
Barths · Jefferson County
Key Facts
Description
Positioned as a rare opportunity in today's market, this three-unit multi-family property delivers immediate rental income with substantial upside for future growth. Each of the triplex's residences offers a well-designed floor plan with two bedrooms, two bathrooms, and more than 1,200 square feet of finished living space. Every unit is equipped with an attached two-car garage, full appliance package (refrigerator, oven/range, microwave, dishwasher, washer, and dryer), private patio, and fenced yard-enhancing tenant appeal and long-term retention. Unfinished basements of over 1,200 square feet per unit, already plumbed for bathrooms and bedrooms, provide an extraordinary opportunity to increase rentable square footage. Investors may also explore value-add strategies such as separate basement entries or vertical expansion ("pop-top") to create additional rentable units, significantly increasing NOI. The property includes an owned on-site security system with cameras, providing additional peace of mind for both ownership and tenants. Current residents are on month-to-month leases with willingness to extend, ensuring immediate income continuity. With its combination of stable cash flow, expansion-ready infrastructure, and prime tenant amenities, 6735, 6733, and 6731 West 37th Place represents an exceptional commercial investment for both seasoned operators and portfolio builders seeking value-add multifamily assets.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Structure Type
Triplex
Year Built
2002
Living Area
7,412 sq ft
Lot Size
0.30 acres
Garage Spaces
6
Parking Spaces
6
Ownership
Individual
Days on Market
225
MLS® Listing#
5085326
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Fencing
Construction
Roof
Security
Utilities
Sewer
Water Source
Schools
- Elementary:
- Stevens
- Middle:
- Everitt
- High:
- Wheat Ridge
Financial Details
HOA
None
Annual Taxes
$3,359
Tax year 2024
Parcel Number
210917
Affordability Calculator
$336,000
Estimated monthly payment
$8,942/mo
Principal $1,344,000 · Est. interest $1,875,000 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Wheat Ridge, CO
- $540,541
- Median Listing Price
- 50
- Median Days on Market
- 1,592
- Median Sq Ft
- $324
- Median Price / Sq Ft
- 224
- Active Listings
- This home’s price is 211% above the area median.
- Its price per sq ft is 30% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Wheat Ridge, CO.
Location
Points of Interest in Wheat Ridge, CO
Showing the Wheat Ridge area map.
Nearby Schools
St Peter & Paul Catholic Church
School · 0.2 mi away
Wheat Ridge 5-8 School
School · 0.3 mi away
Stevens Elementary School
Elementary · 0.4 mi away
Mountain View Academy
School · 0.7 mi away
Wilmore Davis Elementary School
Elementary · 0.9 mi away
Beth Eden Baptist School
Secondary · 1.1 mi away
Children's Learning Center
School · 1.2 mi away
Lumberg Elementary School
Elementary · 1.3 mi away
Jefferson Junior Senior High School
Secondary · 1.3 mi away
Arrupe Jesuit High School
Secondary · 1.4 mi away
Rocky Mountain Prep Berkeley
Elementary · 1.4 mi away
Edgewater Elementary School
Elementary · 1.5 mi away
Faith Christian Schools
Secondary · 1.5 mi away
Inspiration Preschool
Elementary · 1.6 mi away
Highlands Micro School
School · 1.7 mi away
Edison Elementary School
Elementary · 1.7 mi away
Steele School for Early Learning
School · 1.7 mi away
Slater Elementary School
Elementary · 1.7 mi away
Foster Elementary School
Elementary · 1.7 mi away
Centennial Elementary School
Elementary · 1.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4545 Simms Court, Wheat Ridge, CO | $1,250,000 | 6 | 6 | 3,471 |
| 4545 Simms Ct, Wheat Ridge, CO | $1,250,000 | 6 | 6 | 3,471 |
| 9985 W 32nd Avenue, Wheat Ridge, CO | $1,369,000 | 5 | 5 | 5,325 |
| 9985 W 32nd Ave, Wheat Ridge, CO | $1,369,000 | 5 | 5 | 5,325 |
| 3830 Otis Street 1-4, Wheat Ridge, CO | $1,575,000 | 8 | 8 | 6,548 |
| 3830 Otis St 1-4, Wheat Ridge, CO | $1,575,000 | 8 | 8 | 6,548 |
Moving Cost Estimate
EXIT Agents in Wheat Ridge
Listing Courtesy: LIV Sotheby's International Realty - rmcintosh@livsothebysrealty.com,720-495-4563
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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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