$919,900

Estimated payment $5,194/month

8 Beds
4 Baths
3,050 Sq Ft
$302 Price per Sq Ft

Highlights

  • No HOA
  • Patio
  • East Facing Home
  • Balcony
  • Forced Air Heating System

About This Home

Investment alert in Lakewood! Sitting just minutes from Belmar, 6th Ave, and all the shops, dining, and parks Lakewood has to offer, this 3,050 sq ft quadplex at 5480 W 3rd Place is the kind of opportunity that does not hit the market often. Featuring four 2-bed, 1-bath units with strong rental history and projected income over $80K, this turnkey multifamily property is ideal for house hackers, seasoned investors, or anyone ready to build long-term wealth. Priced at $919,900, this cash-flowing gem is a rare find in one of Metro Denver’s hottest rental pockets—let’s get you in before someone else locks this down!

Listing Agent

Raul Ochoa

Keller Williams Advantage Realty LLC Brokerage Email: Raulochoa2@kw.com,720-434-0221 License #40036927 Listed on: 10/30/2025

Keller Williams Advantage Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,547

Year Built

  • Built in 1961

Lot Details

  • 7,797 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,050 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters

Schools

  • Deane Elementary School
  • Alameda Int'l Middle School
  • Alameda Int'l High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

  • Exclusions: Tenants property
  • The owner pays for insurance, trash collection, water
  • Assessor Parcel Number 110397

Community Details

Overview

  • No Home Owners Association
  • Tittes Subdivision

Building Details

  • Operating Expense $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,547

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 3050
  • Exclusions: Tenants property
  • Living Area: 3050
  • Directions: GPS
  • SubdivisionName: Tittes
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_ExpectedActiveDate: 2025-10-31
  • REC_RVSpaces: 0
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Direction Faces: East
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Balcony, Rain Gutters
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4

Utilities

  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Hot Water
  • Water Source: Public

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: 11400

Schools

  • Middle Or Junior School: Alameda Int'l

Lot Info

  • Parcel Number: 110397
  • Lot Size Acres: 0.18
  • Building Area Total: 3050
  • Lot Size Sq Ft: 7797

Rental Info

  • Owner Pays: Insurance, Trash Collection, Water
  • Tenant Pays: Electricity, Internet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4547

MLS Schools

  • Elementary School: Deane
  • High School: Alameda Int'l

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Sale $919,900 -- $302 / Sq Ft
Source: REcolorado®

Source: REcolorado®

MLS Number: 2206804

REcolorado®