CO
Adams
Westminster
80031
8031 Stuart Street
8031 Stuart Street, Westminster, CO 80031
Share Listing
Listing Type
Single Family
Listing Status
Active
25
$500,000

Home Details for 8031 Stuart Street

Price
$500,000
Type
Residential
Bedrooms
4
Bathrooms
3.0
Square feet
2100
Year built
1955
Lot size acres
0.15
County
Adams
Total rooms
14
Garage
Basement
Finished
Days on site
0
MLS Listing#
9787058
Property Description

Currently operated as a rent-by-the-room property, the home generates $3,225 per month in existing rental income, with potential for approximately $4,075 per month when the third upstairs bedroom is leased at market rates. An owner-occupant could purchase with as little as 5% down, or potentially as little as $1,000 total out of pocket through certain financing programs (ask listing agent for details), and live in the currently vacant bedroom while collecting rent from the other tenants. Based on a purchase price of $500,000 with 5% down at 6.125%, estimated monthly PITI including PMI is approximately $3,458, resulting in an effective out-of-pocket housing cost of roughly $233 per month before utilities, maintenance, vacancy, and other ownership expenses. For investors, a 20% down payment produces an estimated monthly PITI of approximately $2,902, which is covered by current rents and offers additional upside when the final bedroom is leased. This 4-bedroom plus office, 2.5-bath home offers exceptional flexibility with two full kitchens and multiple living areas, including a finished basement that functions as a private suite with bedroom, bath, office, kitchen, and living space. Major updates include a new sewer line and a fully fenced backyard. Plenty of off street parking. Located in a highly convenient area with quick access to major highways, shopping, dining, and everyday amenities. Current leases for the upstairs bedrooms run through June and July 2026, and the basement lease extends through February 2027, providing both immediate income and staggered future flexibility. All figures are estimates provided for illustrative purposes only; utilities are not included, and buyers and buyer’s agents should independently verify all rental income, expenses, lease terms, and financing assumptions for accuracy. ADU, mother-in-law suite, house hack opportunity, kitchenette, pad split.

Property Features
  • Utilities
    • Natural Gas Available
    • Cable Available
    • Electricity Connected
    • Natural Gas Connected
    • Phone Available
  • Parking
    • Concrete
    • Unpaved
    • Oversized
  • Cooling Information
    • Central Air
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • House Interior
    • In-Law Floorplan
  • Basement
    • Finished
School Information
School Information for 8031 Stuart Street, Westminster, CO 80031
Elementary School
Harris Park
Middle School
Shaw Heights
High School
Westminster
Listing Courtesy: eXp Realty, LLC - 888-440-2724
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Median Listing Price
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Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).
EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
383 Inverness Parkway Suite 140, Englewood, CO 80112
Sheryll White Broker. 303 790 7200
Dawn Campbell
Associate Broker
Office
303 790 7200
Agent
303 408 3229
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