$750,000

5645 W 5th Ave Unit 5645 & 5655 Lakewood, CO 80226

North Alameda Neighborhood

Estimated payment $4,241/month

Total Views 4,671
4 Beds
2 Baths
1,682 Sq Ft
$446 Price per Sq Ft

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 is currently empty & staged for viewings 5645 is currently rented on a month to month lease & the current renters would like to stay if the buyers is willing to create a new lease & keep them on. They have been excellent tenants for the past 3 years & have been maintaining the yard to the highest of standards. Each side of the duplex (which are mirror images of each other) feature an open floor plan; the kitchen, through to the dining area, to the living room at the front, South facing so floods the home w/natural sun light. 2 nice sized bedrooms and 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 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! Opportunity knocks.......experience & vision opens the door!

Listing Agent

Paul Bishop

Compass - Denver Brokerage Email: paulbishop745@hotmail.com,303-536-1786 License #040014198 Listed on: 06/11/2025

Compass - Denver

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
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Basement
  • Sump Pump

Kitchen

  • Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

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
  • 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

Listing and Financial Details

  • Exclusions: Staging items and renters personal possessions
  • Assessor Parcel Number 063401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,357

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Mid-Century Modern
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1682
  • Below Grade Sq Ft: 1682
  • Exclusions: Staging items and renters personal possessions
  • Living Area: 1682
  • Property Condition: Updated/Remodeled
  • Directions: 6th AVE to Sheridan EXIT SOUTH, one block to 5TH AVE, WEST to DUPLEX
  • SubdivisionName: LAKEWOOD
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: paulbishop745@hotmail.com,303-536-1786
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Open Floorplan, Smoke Free
  • Flooring: Carpet, Vinyl
  • Common Walls: 1 Common Wall
  • Basement: Yes
  • Total Bedrooms: 4

Exterior Features

  • Direction Faces: South
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Garden, Private Yard, Rain Gutters
  • Patio and Porch Features: Front Porch, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 220 Volts
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

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

Schools

  • Middle Or Junior School: Alameda Int'l

Lot Info

  • Parcel Number: 063401
  • Lot Size Acres: 0.27
  • Fencing: Full
  • Building Area Total: 3364
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 11848

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3357

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 Change Sq Ft Price
06/11/2025 06/11/25 For Sale $750,000 -- $446 / Sq Ft
Source: REcolorado®

Source: REcolorado®

MLS Number: 8533075

REcolorado®