Property Attributes
- MLS#7232031
- TypeMulti-Family
- Listing Status Pending
- CountyJEFFERSON
- CityLakewood
- NeighborhoodLAKEWOOD
- Zip80214
- StyleTraditional
- Year Built1957
- Taxes$ 4031
- Price$ 630,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage1488
- Lot Size0.17 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Turnkey 4-Plex Investment Opportunity in a Prime Lakewood Location! Tucked away on a quiet cul-de-sac, this fully occupied property offers immediate cash flow, stable tenancy, and outstanding long-term investment potential. The property features four 1-bedroom, 1-bathroom units, with three of the four units thoughtfully remodeled, providing updated interiors while preserving additional value-add potential in the remaining unit. Residents enjoy the convenience of an on-site laundry facility, one dedicated off-street parking space per unit, and an unbeatable location just minutes from Light Rail, major highways, Downtown Denver, Colorado Mills, shopping, dining, and entertainment. This high-demand rental location continues to attract tenants seeking convenient access throughout the Denver metro area. Significant capital improvements have already been completed, including newer roof, boiler, hot water heater, plumbing, and exterior paint. All four units are currently occupied with leases in place, allowing investors to benefit from immediate, consistent income from day one. Located within Lakewood's M-R-U (Mixed-Use Residential Urban) zoning district, the property also offers compelling future upside. The area is experiencing ongoing redevelopment, including newly constructed multifamily residential projects nearby, highlighting the continued growth and desirability of this corridor. Buyers may explore future redevelopment, expansion, or higher-density residential possibilities. The combination of a sought-after Lakewood location, recent unit upgrades, dedicated parking, stable occupancy, and potential long-term redevelopment opportunities makes this a rare investment offering with both current income and future upside. Whether you're expanding an existing portfolio, completing a 1031 exchange, or seeking a well-positioned multifamily asset in a rapidly evolving submarket, this presents an exceptional opportunity!!
| Elementary School | Middle School | High School |
|---|---|---|
| Eiber Elementary School | Creighton Middle School | Lakewood High School |
| Price History | |
|---|---|
| 8/29/2026 | Listed $630,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard,Hot Water |
| Cooling | Air Conditioning-Room |
| Utilities | Electricity Connected,Natural Gas Connected |
| Possession | Closing/DOD,Immediate,Subject To Tenant Rights |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Dryer,Oven,Range,Range Hood,Refrigerator,Washer |
| Patio/Porch Features | Patio |
| Architectural Style | Traditional |
| Construction Materials | Brick |
| Exclusions | TENANTS PERSONAL PROPERTY |
| Year Built | 1957 |
| Levels | One |
| Unit Number | 965,967,969,971 |
| Property Subtype | Quadruplex |
| Tax Year | 2025 |
| Ownership | Individual |
| Gross Income | 59700 |
| OwnerPays | Electricity,Gas,Grounds Care,Trash Collection,Water |
| County | Jefferson |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Contingency | None Known |
| Subdivision Name | LAKEWOOD |
| Facing Direction | South |
| Status | Pending |
| High School | Lakewood |
| City | Lakewood |
| Entry Location | Ground |
| Senior Community Y/N | No |
| High School District | Jefferson County R-1 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7275 |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Eiber |
| Tax Annual Amount | 4031 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Creighton |
| Property Condition | Updated/Remodeled |
| Ok to Lease | 12 Months |
| Structure Type | Quadruplex |
| Standard Status | Pending |
| Occupancy Type | Tenant |
| Middle/Junior School District | Jefferson County R-1 |
| Elementary School District | Jefferson County R-1 |
Interior Features
| Interior Amenities | Eat-in Kitchen |
|---|---|
| Flooring | Laminate |
| Common Walls | 2+ Common Walls |
| Basement (Y/N) | No |
| Above Grade Finished Area | 1488 |
| Laundry Features | Common Area,External Facility |
| Total Bedrooms | 4 |
| Entry Level | 1 |
| Total Baths | 4 |
Exterior Features
| Fencing | None |
|---|---|
| Lot Features | Cul-De-Sac |
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 7275 |
| Foundation Details | Slab |
| Building Area Total | 1488 |
| Lot Size Acres | 0.17 |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool