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7740 Idlewild Street, 
Commerce City, CO 80022

$1,065,000


8

Beds


4

Baths


3,640

Sq Ft


Multi-Family

Active

Listed by

Nathaniel Weidner

Premier Agent Network Colorado LLC.

MLS#

2477123

Source:

ML

About This Home

7740 Idlewild Street

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

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1976

Price Summary

1,065,000

$292 per Sq. Ft.

MLS #:

2477123


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,640 Sq. Ft.


Structure

Structure

Building Area:

3,640 Sq. Ft.

Year Built:

1976


Lot

Lot Size (Sq. Ft):

19,602


Finances & Disclosures

Finances

Price:

$1,065,000

Price per Sq. Ft:

$292 per Sq. Ft.

MLS Logo
Based on information submitted to the MLS GRID as of July 20, 2025 09:40 PM. 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.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.