$950,000

7120 W 16th Place, Lakewood, CO 80214

8 beds |
4 baths |
2,850 sqft

Multi-Family Home
Built in 1954
0.29acre lot
2 car garage
$333/sqft
Listed 8 days ago

Property Description

Rare investment opportunity in Lakewood’s Grand View Acres! This 1954-built brick quadplex features four 2BD/1BA units with 2 on fixed-term leases generating immediate income from day one. The vacant units are move-in ready and ideal for an owner-occupant or savvy house hacker looking to live in one unit while the other three help pay the mortgage. Three of the four units were extensively updated in 2026, including new carpet, vinyl flooring, and fresh paint in two units, plus a full renovation in one unit featuring a new kitchen, new bathroom, new stainless steel appliances, vinyl flooring, carpet, lighting, and paint. A new water heater was also installed in 2025. With significant recent improvements already completed, the property offers an attractive low-maintenance opportunity with minimal near-term capital expenditures needed. Additional features include a spacious fenced in yard, two private one-car garages and dedicated off-street parking for the remaining two units. Located in sought-after Grand View Acres, the property offers convenient access to parks, trails, shopping, dining, and other everyday amenities in Lakewood and nearby Denver. This rare investment opportunity with durable interiors, strong tenant appeal, and stable income will go fast!

Listing Status:: Active
Data Last Updated:: April 2, 2026 at 4:22PM
Listing Office:: West and Main Homes Inc : 303-935-8787
Listing Agent:: Scot Conti : 303-725-3786
MLS ID:: 4082967

General: Laminate CountersNo Stairs
Appliances: DishwasherDisposalDryerGas Water HeaterRange HoodRefrigeratorSelf Cleaning Oven
Laundry: Common AreaIn Basement
Basement: Bath/StubbedDaylightExterior EntryFinishedWalk-Out Access
Flooring: CarpetTileVinyl
A/C: None
Heating: Forced AirNatural Gas

General: Private Yard
Style: Contemporary
Other Structures: Front PorchDeckCovered
Parking: GravelParking spaces: 4

Roofing: Shingle
General: Multi/SplitConcrete PerimeterSlab

Originating MLS: recolorado
School District: Jefferson County R-1
County: Jefferson

Zoning: MGUSECTION 35 TOWNSHIP 03 RANGE 69 QTR SE SUBDIVISIONCD 294200 SUBDIVISIONNAME GRANDVIEW ACRES BLOCK 004 LOT SIZE: 12601 TRACT 009 VALUE: .289052371
Fencing: Full

Utilities: Cable AvailableElectricity ConnectedInternet Access (Wired)Natural Gas ConnectedPhone Connected
Water: Public
Sewer: Public Sewer

Source: recolorado
Ownership: Individual
Exclusions: TENANTS PERSONAL PROPERTY

This listing courtesy of Scot Conti , West and Main Homes Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lumberg Elementary School

6705 W 22nd Ave, Edgewater, CO, 80214

Grades PK-6

0.57 miles away

Jefferson Junior/Senior High School

2305 Pierce St, Denver, CO, 80214

Grades 7-12

0.54 miles away

Jefferson Junior/Senior High School

2305 Pierce St, Denver, CO, 80214

Grades 7-12

0.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.