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Home » Real Estate » CO » Commerce City » 80022 » 7740 Idlewild St, Commerce City, CO, 80022
$1,198,000

7740 Idlewild St, Commerce City, CO, 80022

8 Beds
4 Baths
3,638 Square Feet
Remodeled 4-Unit Investment with Development Upside | Strong Cash Flow + Value-Add Potential This is a rare opportunity to acquire two fully separate duplexes with huge detached garage on a combined double lot in under-the-radar, high-demand Commerce City. Offering immediate income, long-term upside, and flexible development potential. Three units renovated and value-add renovation potential on fourth unit. All units fully leased and stable. Individually metered, all with laundry hookups. __Strong Financials & Cash Flow__ * Offered as-is at a 6.5% cap rate, with pro forma projections almost 7.2% cap (includes vacancy and mgmt allowances) * Pro forma Total Returns achieving 9.5% based on typical investment loan terms (detailed pro forma available) * All units currently filled, rented below market, providing immediate upside through rent adjustments * Four detached storage units on-site offer additional income potential * Stable rent history with consistent increases over time __Development Potential on Nearly Half an Acre__ * Zoned R-3 with lot size of .4545 acres * Each building has separate sewer mains, providing critical infrastructure for future development * Expansive side yards and an enormous unused rear lot open the door for increased density or phased development * Ideal for investors to rent one building while developing the other, leveraging existing cash flow to fund expansion * Perfect for a buy-and-hold strategy, combining immediate income stability with appreciation potential __Low-Maintenance Asset with Curb Appeal__ * Durable stucco exteriors, quality roof, and xeriscaped front yard reduce operating costs * Tenant-maintained backyard minimizes owner responsibilities * Full front privacy fence enhances aesthetics and tenant satisfaction * Clean and easy to lease, low maintenance tenants Agent has interest
Offered By
Nathaniel Weidner weidner.nw@gmail.com,303-968-4354, Premier Agent Network Colorado LLC

Property Details

Property Type Residential Income
Status Active
Bedrooms 8
Property Sub Type Income Property
Square Feet 3,638
MLS # 2940083

Market Trends

New Properties On Market
91
82% Increase In New Listings
Average Asking Price
$530,364
$45,360 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$229
$12 Decrease In List Price/Sq. Ft.
Average Days On Market
20
26 Day Decrease In Days On Market
Data as of Apr 20, 2025. Remaining statistics above are calculated on activity within the period from Feb 01, 2025 to Mar 31, 2025.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 4/16/2025 at 7:18 am