Re-Marketing to meet Cap Rate for Investment! Whole Duplex Opportunity in Prime Wheat Ridge Location. 2024 Cap rate 6.0%. Pro-forma cap rate 7-8% with rent at $2900-$3100 for 9397 and $1900-$2100 for 9395. 9397 fully updated, offering the perfect blend of modern living and steady investment income. Whether you're looking… Read More to owner-occupy or expand your portfolio, this property delivers versatility and value. (397 -enjoy new windows, flooring, lighting, doors, hardware, and a fully remodeled kitchen and bathrooms, newer electric panel, with fresh interior and exterior paint completing the look. The layout offers 4 bedrooms and 2 baths, including two bedrooms upstairs with a full bath, plus two additional bedrooms and a spacious family room downstairs with a ¾ bath—ideal for guests, multi-generational living, or work-from-home flexibility. The oversized laundry room adds convenience, while the kitchen opens to a Trex deck—perfect for outdoor dining and entertaining. The fenced backyard features mature landscaping, a sprinkler system, a storage shed, and space for RV or toy parking, and an extra-deep garage with workbench provides room for projects and storage and a new garage door, approximately 1660 sq.ft. total. 9395 -Income-Producing Side: The adjacent unit offers 2 bedrooms, 1 bath, a private laundry room, and its own fenced yard with sprinkler system and shed. A long-term tenant is in place through July 31, 2027, providing reliable income, and the unit also features a new garage door and an equally deep garage space. Approximately 1100 sq. ft. total. Additional Highlights: New roof (2017), updated HVAC & water heater – all new within 5 years, garages positioned between units for enhanced privacy and noise reduction, no HOA. This is a standout opportunity in Wheat Ridge—live in one side and offset your mortgage, or enjoy a strong, dual-income investment in a desirable area, close to parks, trails, and an easy commute downtown or to the mountains. Read Less
Courtesy of Kentwood Real Estate Cherry Creek, Renita Heald, [email protected].
Listing Snapshot
Days Online
11
Last Updated
Property Type
Duplex
Beds
6
Square Ft.
2,760
Lot Size
0.31 Acres
Year Built
1971
MLS Number
6231249
30 Days Snapshot Of 80033
$790k
+15%
(avg) sold price
24
-27%
homes sold
64
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Taxes
Annual Amount: 4046, Legal Description: SECTION 22 TOWNSHIP 03 RANGE 69 QTR NW SUBDIVISIONCD 721000 SUBDIVISIONNAME SUN VALLEY BLOCK LOT 0053 SIZE: 13406 TRACT VALUE: .308, Tax Year: 2025
Appliances & Equipment
Dishwasher, Refrigerator
Basement
Basement, Partial
Building
Above Grade Finished Area: 1834, Below Grade Finished Area: 0, Common Walls: 1 Common Wall, Construction Materials: Brick, Wood Siding, Levels: Multi/Split, Living Area: 1834, Occupant Type: Owner, Structure Type: Duplex, Total Area: 2760, Unit Count: 0, Built in 1971
Cooling
Cooling: Central Air
Disclosures
Exclusions: Seller's personal property and all staging items (furniture, art and decor).
Exterior Features
Patio And Porch Features: Deck
Garage
Attached Garage, 2 garage spaces
Heating
Heating: Forced Air
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Lot
Acres: 0.31, Area: 13416, Features: Corner Lot, Sprinklers In Front, Sprinklers In Rear, Parcel Number: 043414, Square Feet: 13416
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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