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6197 Webster St, Arvada, CO 80003

$1,650,000
  • 9

    bed

  • 4

    bath

  • 3,712

    Sqft ($445/Sqft)

Multi-family for sale 4 days

About 6197 Webster St

Property type Multi-family
Neighborhood
Year built 1983
HOA fee $0/month
Lot size 0.27 Acre
Parking 4 garage spaces
Property description
Turnkey 4-unit investment opportunity in Arvada with a strong rental history, extensive renovations, and multiple potential income and exit strategies. 6197-6199 Webster Street offers a unique mix of four thoughtfully updated units: one ranch-style 3-bedroom/1-bath unit filled with south-facing natural light, one ranch-style 2-bedroom/1-bath unit with additional private off-street parking, and two 2-story 2-bedroom/1-bath units. All two bedroom units also feature private outdoor courtyard space. The property has undergone extensive updates with high-end finishes throughout, including 6-inch wide-plank engineered wood flooring, quartz countertops, basalt stone backsplashes, black stainless steel appliances, custom iron railings, LED lighting, designer tile, and matte black Delta fixtures. Additional improvements include newer windows, updated copper plumbing and ABS waste lines, wood siding, concrete improvements, and newer A/C and furnace systems. Each unit includes a designated covered carport space and private storage. The property is currently fully rented and has a strong track record of low tenant turnover, making it an attractive opportunity for an investor looking for an established income-producing asset. The four-unit configuration offers incredible flexibility for investors and owner-occupants alike. Live in one unit while generating income from the other three, maintain the property as traditional long-term rentals, or explore mid-term, short-term, or co-living strategies subject to applicable regulations. Conveniently located near Olde Town Arvada, shopping, dining, transportation, major employment centers, Denver, and Lutheran Medical Center. With four updated units, covered parking, storage, established tenants, and significant improvements already completed, this is a rare opportunity to acquire a turnkey multifamily property in Arvada.
Listed by
Listing Agent - Erin Tierney
Listing Agent Contact: Erin@thegoodneighbors.com, 480-313-6908
Listing Office - Good Neighbor LLC
Source: IRESMLS mls logo
MLS#4682242 • last updated 4 days ago
Movoto checked IRESMLS for data 23 minutes ago
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Overview
Cooling/AC Central Air
Heating Forced Air
Levels/Style Two, Contemporary
Virtual Tour External Link
MLS # 4682242
Type Residential Income
Status Active
Living Area 3712
Lot Size (Acres) 0.27
Annual Tax 9040
Interior
Total # of Bathrooms 4
Total # of Bedrooms 9
Basement Crawl Space
Fireplace Desc None
Interior Features Walk-In Closet(s)
Exterior
Roof Composition
Construction Frame, Wood Siding, Concrete
Patio & Porch Patio
Lot Features Outbuildings, House Faces East, Gutters
Fencing Partial, Fenced
Amenities / Utilities
Utilities Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas
Sewer/ Septic Public Sewer
Water Source Public
Appliances Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm
Location
View Mountain(s)
County Jefferson
Subdivision Old Town Arvada
Middle School Everitt
High School District Jefferson Dist R-1
Multifamily Details
Total # of Units 4
Cap Rate 5.199
Operating Expense 39
Gross Income 140000
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Source: GreatSchools.org © 2026. All rights reserved.

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