$995,000
$80K PRICE DROP

Estimated payment $5,788/month

Total Views 2,973
8 Beds
4 Baths
3,576 Sq Ft
$278 Price per Sq Ft

Highlights

  • A-Frame Home
  • No HOA
  • Patio
  • Lakewood High School Rated A
  • Balcony
  • Controlled Access

About This Home

Turnkey Investment Property – 4-Unit Multifamily in Prime Lakewood Location

Seize the opportunity to own a versatile income-generating gem in the heart of Lakewood, CO. This 4-unit multifamily building offers immediate cash flow, solid long-term appreciation potential, and unbeatable access to major commuter routes including 6th Ave and I-70—just minutes from downtown Denver and gateway to the Rockies.

Each spacious unit features 2 bedrooms and 1 bathroom, with some units featuring fresh paint, brand-new flooring and other updates. Residents enjoy private balconies or patios, and the building includes a secure entryway for peace of mind and a coin-operated laundry along with private paved parking for added convenience and value to your portfolio.

Whether you choose to live in one unit and lease the rest or rent all four for maximum cash flow, this property delivers exceptional flexibility. Don't miss your chance to own a turnkey investment in one of Lakewood’s most accessible locations!

Listing Agent

Kim Camerlo

Divine Real Estate Brokerage Email: kcamerlo@gmail.com,303-548-0886 License #100066308 Listed on: 07/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,908

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home
  • Landscaped

Home Design

  • A-Frame Home
  • Quadruplex
  • Brick Exterior Construction
  • Membrane Roofing

Interior Spaces

  • 3,576 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Laminate Flooring
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 7 Parking Spaces
  • Driveway

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, exterior maintenance, gas, grounds care, insurance, taxes, trash collection, water
  • Assessor Parcel Number 002982

Community Details

Overview

  • No Home Owners Association
  • Lakewood Subdivision

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,908

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: A-Frame
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 3576
  • Entry Location: Corridor Access
  • Exclusions: None
  • Living Area: 3576
  • Property Condition: Updated/Remodeled
  • Directions: 6th Ave frontage road between Kipling and Simms, just north behind Automotive Avenues Car dealership
  • SubdivisionName: Lakewood
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: kcamerlo@gmail.com,303-548-0886
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Entrance Foyer
  • Flooring: Laminate
  • Common Walls: 2+ Common Walls
  • Basement: Crawl Space, Partial, Unfinished
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Direction Faces: South
  • Roof: Membrane
  • Construction Materials: Brick
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Total Parking Spaces: 7
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public
  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Security Entrance, 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
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Creighton

Lot Info

  • Parcel Number: 002982
  • Lot Size Acres: 0.21
  • Fencing: None
  • Building Area Total: 3576
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 9147.6

Rental Info

  • Owner Pays: Electricity, Exterior Maintenance, Gas, Grounds Care, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Internet, Telephone

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4908

MLS Schools

  • Elementary School: Eiber
  • High School: Lakewood

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/29/2025 08/29/25 Price Changed $1,395 0.0% $2 / Sq Ft
08/29/2025 08/29/25 Price Changed $995,000 0.0% $278 / Sq Ft
08/23/2025 08/23/25 For Rent $1,495 0.0% --
08/04/2025 08/04/25 Price Changed $1,025,000 -2.4% $287 / Sq Ft
07/25/2025 07/25/25 Price Changed $1,050,000 -2.3% $294 / Sq Ft
07/18/2025 07/18/25 For Sale $1,075,000 -- $301 / Sq Ft
Source: REcolorado®

Similar Homes in the area

  • 10685 W 12th Place, Lakewood, CO 80215

    $770,000

    • 4 Beds
    • 3 Baths
    • 3,338 Sq Ft
    • 10685 W 12th Place
    • Lakewood, CO

    In Place Cap Rate: 5.82%Market Cap Rate: 6.93%Current NOI: $54,840Proforma NOI: $63,43810685-95 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

    Andrew Vollert Kaufman Hagan

    Section Image
  • 1345 Youngfield St, Golden, CO 80401

    $879,900

    • 4 Beds
    • 3 Baths
    • 3,128 Sq Ft
    • 1345 Youngfield St
    • Golden, CO

    Prime Investment Opportunity in Golden! This updated duplex in an unbeatable location offers excellent rental income and strong appeal for both investors and owner-occupants. Live in one side and rent out the other or rent out both sides for an even greater return on investment. With immediate access to I-70, 6th Avenue, NREL, Colorado School of Mines, this property’s location is ideal. Easy

    Andrea Erpelding RE/MAX Professionals

    Section Image
  • 2020 Marshall St Unit 2020/2022, Edgewater, CO 80214

    $999,900

    • 4 Beds
    • 2 Baths
    • 1,633 Sq Ft
    • 2020 Marshall St
    • Unit 2020/2022
    • Edgewater, CO

    Re modeled in 2023 with new kitchen/refinished wood floors/paint/appliances, Located in the popular Sloan's lake area within walking distance to restaurants and venues in Edgewater, Photos are of front unit of duplex as back unit is tenant occupied, Off street parking out back for 4 vehicles

    Ann Connelly Bluebonnet Services LLC

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

    $750,000

    • 4 Beds
    • 2 Baths
    • 1,682 Sq Ft
    • 5645 W 5th Ave
    • Unit 5645 & 5655
    • Lakewood, CO

    "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

    Paul Bishop Compass - Denver

    Section Image

Source: REcolorado®

MLS Number: 4151688

REcolorado®