$790,000

Estimated payment $4,759/month

Total Views 8,666
4 Beds
4 Baths
2,236 Sq Ft
$353 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • Mini Split Air Conditioners
  • 1-Story Property

About This Home

Rare fourplex investment opportunity in Adams County! This fully remodeled property features four 1-bedroom, 1-bathroom units, making it an ideal house-hacking opportunity—live in one unit and rent out the other three for strong cash flow (FHA financing may be possible, buyer to verify).
Each unit has been thoughtfully updated with a spacious dining room, cozy family room, and a modern kitchen. Individually metered utilities give tenants control over their costs, while the private fenced yards in each unit make this an ideal rental for pet owners—a rare and highly desirable feature in the rental market.
Currently used as a high-performing short-term rental (Airbnb/VRBO), this property generates excellent income potential. Alternatively, it can be converted to long-term rentals for stable, reliable cash flow.
With ample off-street parking (8 spaces), updated interiors, and a prime location, this fourplex offers exceptional value at this price. Whether you're an investor looking for passive income or a buyer looking to offset your mortgage with rental income, this property is a must-see!
Schedule your showing today—this one won’t last!

Listing Agent

Monroe Henninger

Brix Real Estate LLC Brokerage Email: MonroeHenninger@gmail.com,303-263-7331 License #100031901

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,184

Year Built

  • Built in 1944 | Remodeled

Lot Details

  • 10,556 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,236 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Schools

  • Hanson Prek-8 Elementary School
  • Kearney Middle School
  • Adams City High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • Derby Gardens Subdivision

Listing and Financial Details

  • Exclusions: OWNER FURNISHINGS ARE NEGOTIABLE
  • Property held in a trust
  • Assessor Parcel Number R0079815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,184

Year Built

Built in 1944 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1944
  • Above Grade Finished Sq Ft: 2236
  • Exclusions: OWNER FURNISHINGS ARE NEGOTIABLE
  • Living Area: 2236
  • Property Condition: Updated/Remodeled
  • Directions: SEE GOOGLE MAPS
  • SubdivisionName: DERBY GARDENS
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Attribution Contact: MonroeHenninger@gmail.com,303-263-7331
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 8
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air, Radiant

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Kearney

Lot Info

  • Parcel Number: R0079815
  • Lot Size Acres: 0.24
  • Building Area Total: 2236
  • Lot Size Sq Ft: 10556
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4184

MLS Schools

  • Elementary School: Hanson Prek-8
  • High School: Adams City

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 For Sale $790,000 0.0% $353 / Sq Ft
04/03/2025 04/03/25 Off Market $790,000 -- --
10/07/2024 10/07/24 For Sale $790,000 -- $353 / Sq Ft
Source: REcolorado®

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