$770,000

Estimated payment $4,517/month

Total Views 281
4 Beds
3 Baths
3,338 Sq Ft
$231 Price per Sq Ft

Highlights

  • Private Yard
  • 5-minute walk to Oak
  • 3 Car Attached Garage
  • Lakewood High School Rated A
  • No HOA
  • 1-Story Property

About This Home

In Place Cap Rate: 5.82%
Market Cap Rate: 6.93%
Current NOI: $54,840
Proforma NOI: $63,438

10685-95 W 12th Place is a side-by-side, ranch-style duplex that lives more like two single-family homes than attached units. Each unit has its own front entry, fireplace, direct-access garage, and private backyard, which help reduce turnover and support long-term, family style living. The quiet residential location in the Eiber Neighborhood is just a few blocks from both Oak Street Station and Sunset Park, while being 15 minutes from both Downtown Denver and the I-70 Corridor.

Tenants pay for their own gas, electricity, and trash, limiting owner expenses to just property taxes, insurance, water/sewer, and general maintenance. The two-bedroom is currently on month-to-month lease at $1,850, and the long-time four-bedroom tenant (most recently $2,700) vacates 1 August, providing a clean slate for new leasing.

Both units currently rent below market and have not received interior cosmetic updates in more than a decade, presenting a straightforward value-add opportunity to reposition the finishes and push rents towards the top-of-market. 10685-10695 W 12th Pl can also be purchased in tandem with the five-unit property across the street located at 10750 W 12th Pl.

Listing Agent

Andrew Vollert

Kaufman Hagan Brokerage Email: avollert@khcommercial.com,650-740-9570 License #100097790 Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,854

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • 1 Common Wall
  • Partially Fenced Property
  • Private Yard

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 3,338 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

  • Eiber Elementary School
  • Creighton Middle School
  • Lakewood High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Any and all private property.
  • The owner pays for water
  • Assessor Parcel Number 083252

Community Details

Overview

  • No Home Owners Association
  • Krieger Subdivision

Building Details

  • Operating Expense $9,999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,854

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 3338
  • Exclusions: Any and all private property.
  • Living Area: 3338
  • SubdivisionName: Krieger
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: avollert@khcommercial.com,650-740-9570
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: Partial
  • Basement: Yes
  • Total Bedrooms: 4

Exterior Features

  • Roof: Other
  • Construction Materials: Brick
  • Exterior Features: Private Yard

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 9999

Schools

  • Middle Or Junior School: Creighton

Lot Info

  • Parcel Number: 083252
  • Lot Size Acres: 0.25
  • Fencing: Partial
  • Building Area Total: 3338
  • Lot Size Sq Ft: 10759

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas, Trash Collection

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3854

MLS Schools

  • Elementary School: Eiber
  • High School: Lakewood

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,835 $42,411 $16,366 $26,045
2023 $3,835 $42,411 $16,366 $26,045
2022 $3,107 $33,585 $12,434 $21,151
2021 $3,221 $35,314 $13,074 $22,240
2020 $2,841 $31,279 $11,684 $19,595
2019 $2,804 $31,279 $11,684 $19,595
2018 $2,774 $29,925 $8,244 $21,681
2017 $2,439 $29,925 $8,244 $21,681
2016 $2,579 $29,500 $4,728 $24,772
2015 $1,873 $29,500 $4,728 $24,772
2014 $1,873 $19,629 $5,349 $14,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $770,000 -- $231 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $273,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $163,800 Purchase Money Mortgage
Previous Owner $123,000 Stand Alone First
Source: Public Records

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Source: REcolorado®

MLS Number: 7646955

REcolorado®

APN: 49-041-14-016