7120 W 16th, Lakewood, CO 80214
7120 W 16th, Lakewood, CO 80214
7120 W 16th, Lakewood, CO 80214
7120 W 16th, Lakewood, CO 80214
7120 W 16th, Lakewood, CO 80214
7120 W 16th, Lakewood, CO 80214
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$ 900,000
Est. payment | /mo

8 Beds

4 Baths

2,900 SqFt


Save
$ 900,000
Est. payment | /mo
Save

8 Beds

4 Baths

2,900 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Subdivision Grand View Acres

MLS Listing ID IRE4082967

Style Contemporary

Bedrooms 8

HOA Y/N No

Year Built 1954

Annual Tax Amount $5,454

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Source ires

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!

Location

State CO

County Jefferson

Community Grand View Acres

Area Metro Denver

Zoning MGU

Rooms

Basement Partially Finished, Slab, Walk-Out Access, Daylight

Interior

Heating Forced Air

Appliance Self Cleaning Oven, Dishwasher, Refrigerator, Dryer, Disposal, Fire Alarm

Exterior

Parking Features Attached

Garage Spaces 2.0

Fence Fenced

Community Features Community Laundry

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Master Meter-Gas, Separate Meter Electricity

View Y/N No

Roof Type Fiberglass

Porch Patio, Deck

Garage Yes

Building

Sewer Public Sewer

Water City

Architectural Style Contemporary

Level or Stories Bi-Level

Structure Type Brick,Block,Concrete

New Construction false

Schools

Elementary Schools Lumberg

Middle Schools Jefferson

High Schools Jefferson Dist R-1

School District Jefferson Dist R-1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Scot Conti

Schools and Properties Nearby

Learn More About LPT Realty

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7120 W 16th