7740 Idlewild Street, Commerce City, CO 80022
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
7740 Idlewild Street,Commerce City, CO 80022
$1,065,000
- 8 Beds
- 4 Baths
- 3,640 sq. ft.
- Multi-family
- Active
Listed by:nathaniel weidnerweidner.nw@gmail.com
Office:premier agent network colorado llc.
MLS#:2477123
Source:ML
Price summary
- Price:$1,065,000
- Price per sq. ft.:$292.58
About this home
7.67% CAP - NEW PRICE and FULLY LEASED! - 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 7.67% cap rate, with pro forma projections over 8.00% cap (includes vacancy and management allowances)
• Current Returns at 9.9% Pro forma Total Returns achieving 10.9% 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
Contact an agent
Home facts
- Year built:1976
- Listing Id #:2477123
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Living area:3,640 sq. ft.
Heating and cooling
- Cooling:Air Conditioning-Room, Evaporative Cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1976
- Building area:3,640 sq. ft.
- Lot area:0.45 Acres
Schools
- High school:Adams City
- Middle school:Adams City
- Elementary school:Dupont
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,065,000
- Price per sq. ft.:$292.58
- Tax amount:$4,367 (2024)
Based on information submitted to the MLS GRID as of August 6, 2025 01:39 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.New listings near 7740 Idlewild Street
- New
$669,990Active4 beds 4 baths4,530 sq. ft.17414 E 90th Place, Commerce City, CO 80022
MLS# 4352318Listed by: KERRIE A. YOUNG (INDEPENDENT) - New
$525,000Active4 beds 3 baths2,821 sq. ft.11361 River Run Place, Commerce City, CO 80640
MLS# 3754864Listed by: RE/MAX PROFESSIONALS - New
$465,000Active3 beds 3 baths2,213 sq. ft.9232 E 108th Avenue, Commerce City, CO 80640
MLS# 3669150Listed by: BROKERS GUILD HOMES - New
$418,585Active3 beds 3 baths1,503 sq. ft.18742 E 99th Avenue, Commerce City, CO 80022
MLS# IR1041328Listed by: DR HORTON REALTY LLC - New
$499,000Active4 beds 3 baths2,061 sq. ft.10226 Worchester Street, Commerce City, CO 80022
MLS# 8373650Listed by: COLORADO HOME REALTY - New
$418,585Active3 beds 3 baths1,503 sq. ft.18742 E 99th Avenue, Commerce City, CO 80022
MLS# 5813394Listed by: D.R. HORTON REALTY, LLC - Coming Soon
$460,000Coming Soon4 beds 3 baths9749 Eagle Creek Parkway, Commerce City, CO 80022
MLS# 6212127Listed by: HOMESMART - Open Sat, 10:10am to 12pmNew
$595,000Active4 beds 3 baths3,106 sq. ft.9941 Chambers Drive, Commerce City, CO 80022
MLS# 1650489Listed by: CELS HOMES REAL ESTATE LLC 
$370,000Pending3 beds 4 baths1,861 sq. ft.11250 Florence Street #30B, Commerce City, CO 80640
MLS# 1806275Listed by: PINK REALTY INC- Open Sat, 12 to 2pmNew
$640,000Active6 beds 4 baths3,668 sq. ft.11013 Sedalia Way, Commerce City, CO 80022
MLS# 6073637Listed by: COMPASS - DENVER
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each Office is Independently Owned and Operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.