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Executive Summary

Well-maintained fourplex featuring two upper and two lower units, all 2-bedroom, 1-bath, with three units fully remodeled and one unit remaining for future value-add. Recent upgrades include new LVP flooring and carpet, new appliances, fresh interior and exterior paint, new windows, new roof, updated electrical, and modern light fixtures throughout, minimizing near-term capital expenditures. All units include in-unit laundry hookups, adding convenience for tenants and increasing rental appeal. The property is a true turnkey investment generating $76,000+ annually in rental income, with additional upside through renovation of the remaining unit and continued rent growth. The property is also located in an opportunity zone. Tenants are responsible for electric and gas directly, with water and trash billed back, helping maintain efficient
operating expenses. Additional features include 10 off-street parking spaces in the rear plus street parking in front, a strong amenity for tenants. Located within walking distance to South Elementary, Vikan Middle School, and Brighton High School, the property benefits from consistent rental demand and a desirable, accessible location. A solid opportunity for investors seeking immediate cash flow, minimal deferred maintenance, and clear upside potential.

Property Facts

Price $874,999
Price Per Unit $218,750
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,680 SF
No. Stories 2
Year Built 1979
Parking Ratio 3/1,000 SF
Opportunity Zone Yes
Zoning R2 - The intent of this district is to accommodate a range of housing types at moderate densities, creating diverse and livable neighborhoods.

Amenities

Unit Amenities

  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - 860
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
1569-07-1-27-015
Land Assessment
$8,670
Improvements Assessment
$28,120
Total Assessment
$36,790
  • Listing ID: 40045857

  • Date on Market: 4/6/2026

  • Last Updated:

  • Address: 414 S 7th Ave, Brighton, CO 80601

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