7120 W 16th PL, Lakewood, CO 80214
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7120 W 16th PL, Lakewood, CO 80214
7120 W 16th PL, Lakewood, CO 80214
7120 W 16th PL, Lakewood, CO 80214
7120 W 16th PL, Lakewood, CO 80214
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7120 W 16th PL Lakewood, CO 80214

8 Beds

4 Baths

2,900 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $318

Subdivision Grand View Acres

MLS Listing ID 4082967

Style Contemporary

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 1,450

Year Built 1954

Annual Tax Amount $5,454

Tax Year 2025

Lot Size 0.289 Acres

Acres 0.29

Property Sub-Type Quadruplex

Source recolorado

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!

Location

State CO

County Jefferson

Zoning MGU

Rooms

Basement Bath/Stubbed, Daylight, Exterior Entry, Finished, Walk-Out Access

Interior

Interior Features Laminate Counters, No Stairs

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Tile, Vinyl

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven

Laundry Common Area, In Basement

Exterior

Exterior Feature Private Yard

Parking Features Gravel

Garage Spaces 2.0

Fence Full

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected

Roof Type Shingle

Total Parking Spaces 4

Garage Yes

Building

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Block,Brick

Schools

Elementary Schools Lumberg

Middle Schools Jefferson

High Schools Jefferson

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


REColorado (REColorado MLS)
Listed by West and Main Homes Inc

NEARBY SCHOOLS & PROPERTIES

Bob Engel

Bob Engel

Broker/Owner | KWREA100003949

+1(303) 638-0780

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7120 W 16th PL