11690 46 Ave
Rare Wheat Ridge four plex. Just minutes from Denver and convenient access to the foothills and mountain recreation.. This meticulously maintained multifamily property offers a rare owner-occupant opportunity to live in one unit while generating rental income from the others. Built and carefully maintained by the current owner/developer, this income-producing property reflects a level of quality and care that is difficult to find.The four plex features a desirable unit mix with two ranch-style units and two two-story units, appealing to a wide range of tenants. Situated at the end of a quiet cul-de-sac, the property offers a private, residential setting with strong tenant appeal and consistent rental demand. Rents are currently below market, presenting a clear value-add opportunity with future upside potential. Recent upgrades include updated appliances, (unit A-new A/C 2025) and newer furnaces in each unit, supporting long-term efficiency and reduced maintenance. Separately metered utilities enhance ease of management, while functional layouts further contribute to tenant retention. Interior photos shown are of Unit B and are for reference only. Property is fully occupied; please allow time for coordinated showings.No HOA fees and multiple streams of rental income make this a versatile option for those seeking to offset their mortgage while building long-term wealth. Conveniently located near shopping, dining, parks, and major commuter routes, this property sits in a high-demand rental pocket of the Denver metro area. A rare combination of quality construction, thoughtful design, and long-term livability sets this multifamily property apart.Seller is also offering neighboring duplexes (MLS# 8890147-SOLD) & (MLS# 7935750-AVAILABLE), creating an additional opportunity to expand within the multifamily market. SEE VIRTUAL TOUR FOR ADDITIONAL DETAILS.Located near the Wheat Ridge/Ward RTD G-Line Station and just minutes from light rail.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Drake Junior High School
Manning Options School
Stober Elementary School
Vanderhoof Elementary School
New Classical Academy at Vivian
Compass Montessori - Wheat Ridge Charter School
Everitt Middle School
Warren Technical North
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 07/17/2026 | Price change | $1,650,000 |
| 05/15/2026 | Listed for sale | $1,600,000 |
Listed by Darla Stout · Keller Williams Advantage Realty LLC · 3039864300
Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, REcolorado. All rights reserved.
Last Updated: September 7, 2026 at 9:18 PM | Source: REcolorado | MLS#: 3231871

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