5645 W 5th Ave Unit 5645 & 5655 Lakewood, CO 80226
North Alameda NeighborhoodEstimated payment $4,240/month
Highlights
- Open Floorplan
- Property is near public transit
- No HOA
- Midcentury Modern Architecture
- Private Yard
- Front Porch
About This Home
"CALLING OUT" TO ALL LANDLORDS & INVESTORS. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past two decades. 5655 W 5th AVE One address (TWO ADJOINING PROPERTIES OF EQUAL SIZE currently empty & staged for viewings 5645 is currently rented on a month to month lease & the current renters would like to stay & willing to sign a new lease. They have been excellent tenants for past 3 years & have been maintaining the yard to the highest standard. Each side of the duplex (which are mirror images of each other) feature an open floor plan; open kitchen & dining area, to the living room at the front, South facing so sunlight floods the home. 2 nice sized bedrooms & a full bath complete the main level. Freshly painted with all appliances included. Both sides are in excellent condition & have been meticulously cared for over the past 30 years by the current owners. Each unit boasts their own A/C systems & sump pumps. In 5645 the owners have added 2 additional non-conforming, but very usable bedrooms, to the partially finished basement. Each bsmnt offers up over 800 sqft a piece w/tons of potential for further build out & increased income stream. Currently they house laundry, a huge amount of flex space. In the past few years single sides of these Lakewood duplexes (their are many of them in the area) have sold for over $500 K so the asking price for BOTH sides @ $750K is arguably a screaming deal. Live in one rent out the other or start your rental portfolio off with a bang. Easy access to the mountains & Downtown Denver via Sheridan and 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for two more vehicles in the "street bays" directly in front of the units. NOTE:5th AVE is nicely buffered by the office retail buildings & open space to the North. HURRY PRICE REDUCED Opportunity knocks ....experience & vision opens the door!
Listing Agent
Compass - Denver Brokerage Email: paulbishop745@hotmail.com,303-536-1786 License #040014198 Listed on: 06/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,357
Year Built
- Built in 1965 | Remodeled
Lot Details
- 0.27 Acre Lot
- 1 Common Wall
- South Facing Home
- Property is Fully Fenced
- Private Yard
- Garden
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Midcentury Modern Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 1-Story Property
- Open Floorplan
Kitchen
- Oven
- Cooktop
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in multiple locations
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Laundry in Basement
- Stubbed For A Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
- Rain Gutters
- Front Porch
Schools
- Deane Elementary School
- Alameda Int'l Middle School
- Alameda Int'l High School
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Heating System Uses Natural Gas
- 220 Volts
- Phone Available
- Cable TV Available
Additional Features
- Smoke Free Home
- Property is near public transit
Community Details
- No Home Owners Association
- Lakewood Subdivision, Gr8 $$$ Income Floorplan
Listing and Financial Details
- Exclusions: Staging items and renters personal possessions
- The owner pays for insurance, taxes
- Assessor Parcel Number 063401
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | Price Changed | $749,990 | 0.0% | $446 / Sq Ft |
| 11/14/2025 11/14/25 | For Sale | $750,000 | 0.0% | $446 / Sq Ft |
| 10/31/2025 10/31/25 | Off Market | $750,000 | -- | -- |
| 06/11/2025 06/11/25 | For Sale | $750,000 | -- | $446 / Sq Ft |
Source: REcolorado®
MLS Number: 8533075
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