Property Description

Rare investment opportunity in Lakewood’s Grand View Acres! This 1954-built brick quadplex features four 2BD/1BA units with 3 on fixed-term leases generating immediate income from day one. The vacant unit is 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!

Included Appliances

DishwasherDisposalDryerGas Water HeaterRange HoodRefrigeratorSelf Cleaning Oven

Property Details

Interior

Above Grade Finished Area

1450

Appliances

DishwasherDisposalDryerGas Water HeaterRange HoodRefrigeratorSelf Cleaning Oven

Basement

Bath/StubbedDaylightExterior EntryFinishedWalk-Out Access

Below Grade Finished Area

1400

Below Grade Unfinished Area

50

Building Area Total

2900

Cooling

None

Flooring

CarpetTileVinyl

Heating

Forced AirNatural Gas

Interior Features

Laminate CountersNo Stairs

Laundry Features

Common AreaIn Basement

Living Area

2850

Security Features

Carbon Monoxide Detector(s)Smoke Detector(s)

Construction

Also Marketed As

Residential Income

Architectural Style

Contemporary

Building Area Source

Public Records

Construction Materials

BlockBrick

Entry Location

Exterior Access

Foundation Details

Concrete PerimeterSlab

Is Incorporated

Yes

Levels

Multi/Split

Property Condition

Updated/Remodeled

Roof

Shingle

Structure Type

Quadruplex

Year Built

1954

Site & Exterior

Exterior Features

Private Yard

Fencing

Full

Garage Spaces

2

Lot Size Acres

0.29

Lot Size Area

12601

Lot Size Square Feet

12601

Lot Size Units

Square Feet

Offstreet Spaces

2

Parking Features

Gravel

Parking Total

4

Patio And Porch Features

CoveredDeckFront Porch

Road Responsibility

Public Maintained Road

Sewer

Public Sewer

Utilities

Cable AvailableElectricity ConnectedInternet Access (Wired)Natural Gas ConnectedPhone Connected

Utility Billing To Tenants

Direct Billing from UtilitySeparate Bill from Owner

Utility Metering

Common GasCommon WaterSeparate Electric

Water Source

Public

Zoning

MGU

Financials

Contract Earnest Check To

First American Title Insurance Company

Contract Min Earnest

10000.00

Exclusions

TENANTS PERSONAL PROPERTY

Lease Expiration

2027-02-09

Owner Pays

ElectricityExterior MaintenanceGasInsuranceTaxesTrash CollectionWater

Ownership

Individual

Parcel Number

052371

Special Listing Conditions

None

Tax Annual Amount

5454

Tax Legal Description

SECTION 35 TOWNSHIP 03 RANGE 69 QTR SE SUBDIVISIONCD 294200 SUBDIVISIONNAME GRANDVIEW ACRES BLOCK 004 LOT SIZE: 12601 TRACT 009 VALUE: .289

Tax Year

2025

Title Company

First American Title Insurance Company

Neighborhood & Lifestyle

Community & Association

Distance To Bus Numeric

2

Distance To Bus Units

Blocks

School Of Choice

Yes

Senior Community

No

Subdivision Name

Grand View Acres

Schools

Ratings

Elementary

Lumberg

Middle

Jefferson

High

Jefferson

Elem. District

Jefferson County R-1

Middle District

Jefferson County R-1

High District

Jefferson County R-1

Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 30, 2026, 8:15pm.

7120 W 16th Place

7120 W 16th Place

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Scot Conti

$20

$200

Your Digital HQ

Growth Tools

$100 Voucher

7120 W 16th Place

7120 W 16th Place

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Scot Conti