10717 W 38th Wheat Ridge, CO $ 1,850,000
10717 W 38th
$ 1,850,000
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10717 W 38th

Wheat Ridge, CO, 80033
$ 1,850,000
Bedrooms-- Baths-- Sq 6,535

Monthly Estimate*

$ 11,542

Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
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Commercial Property for sale in Wheat Ridge, CO

for $1,850,000. This 6,535 square foot building was built in 1969.

Marcus & Millichap is pleased to present the investment opportunity located at 10717 W 38th Ave in Wheat Ridge, Colorado. The renovated, two-story multifamily property sits on 0.32 acres and is strategically located near Discovery Park, a popular destination for outdoor recreation. This townhome-style asset features private yards for each unit, newly repaved off-street parking and an inviting community atmosphere enhanced by on-site patio and grill areas. Additionally, all but one unit features updated kitchens and bathrooms ?tted with modern appliances. The property’s attractive layout and recent renovations not only support strong current occupancy but also position the investment opportunity for long-term value. Investors can realize upside through increasing rents, charging back utilities, and generating revenue from on-site laundry services. The property’s proximity to Interstate 70 ensures easy commuting to Downtown Denver and surrounding employment centers, further enhancing the asset’s appeal to a wide tenant base. Strong potential upside and ideal location mark this multifamily asset as an appealing opportunity for investors seeking immediate cash-?ow and long-term growth.

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Commercial Active

Price

$ 1,850,000

Property Type

Commercial

Taxes

$ 7,059

Style

Low Rise (1-3)

Year Built

1969

Town/City

Wheat Ridge

County/Region

Jefferson

MLS | Web ID

1934226

Features
General
Sewer Public Sewer
Possession Closing/DOD
Roof Shingle
Garage Spaces 0
Construction Materials Brick
Exclusions Owner and tenant personal property.
Year Built 1969
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
Gross Income 145440
County Jefferson
Operating Expense 37141
Property Type Commercial Sale
Attached Garage N
Building Features Bike Storage Coin Laundry Laundry Storage
Status Active
City Wheat Ridge
Number Of Units Total 7
Carport Spaces 0
Listing Terms Cash
Tax Annual Amount 7059
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.38
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Exterior
Total Parking 20
Building Area Total 6535
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Internal Only
Street Number 1 10717
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* Excluded Features
List By
Marcus & Millichap Real Estate Investment Services Of Atlanta, Inc.

Broker

(949) 633-4556

Phone

Affordability Calculator

$12,130
Per Month
95%
5%
0%
Monthly Principal & Interest
$11,542
Monthly Property Taxes
$588
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$1,850,000 -6.33% Price Down
7/10/2025$1,975,000 Listed Price

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10717 W 38th, Wheat Ridge, CO, 80033 is a Commercial Property for sale at $1,850,000 with 6,535 sqft. 10717 W 38th was built in 1969. The property's zip code is 80033 which is in Wheat Ridge, CO