3812 & 3822 W 89th Way, Westminster, CO 80031
Local realty services provided by:ERA New Age
Listed by: brad williams
Office: re/max northwest inc
MLS#:7888255
Source:ML
Price summary
- Price:$690,000
- Price per sq. ft.:$161.52
About this home
Turnkey investment opportunity, own both sides of this duplex with strong, reliable income in place. The property currently generates $3,905/month in rental income, with each spacious unit offering 2,136 total sq ft, 3 bedrooms, 2 bathrooms, basement, attached one-car garage, and a shared driveway.
Unit 3812 is leased through 12/31/2026 at $1,900/month to a long-term tenant of 17 years, while Unit 3822 is leased through 11/30/2026 at $2,005/month to a newer tenant who intends to stay long term. Both tenants are 100% Section 8 subsidized, providing consistent and dependable cash flow.
Each unit also features a large, fenced backyard, adding to tenant appeal and long-term value. With an immediate GROSS cap rate of approximately 7% and upside potential through future improvements and rent optimization, this is an ideal opportunity for investors seeking stable returns with room to grow.
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Home facts
- Year built:1976
- Listing ID #:7888255
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Basement:Yes
- Basement Description:Unfinished
- Living area:4,272 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1976
- Building area:4,272 sq. ft.
- Lot area:0.21 Acres
- Construction Materials:Frame
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Schools
- High school:Westminster
- Middle school:Shaw Heights
- Elementary school:Flynn
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$690,000
- Price per sq. ft.:$161.52
- Tax amount:$5,064 (2025)
Features and amenities
- Laundry features:Dryer, In Unit, Washer
- Amenities:Gas Water Heater
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:2
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