7120 W 16th, Lakewood, CO 80214
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
7120 W 16th,Lakewood, CO 80214
$875,000
- 8 Beds
- 4 Baths
- 2,850 sq. ft.
- Multi-family
- Active
Listed by: scot conti
Office: west and main homes inc
MLS#:4082967
Source:ML
Price summary
- Price:$875,000
- Price per sq. ft.:$307.02
About this home
Rare investment opportunity in Lakewood’s Grand View Acres! This 1954-built brick quadplex features four 2BD/1BA units with two 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.
All four units were updated in 2026, including new carpet, vinyl flooring, and fresh paint in three 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!...
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Home facts
- Year built:1954
- Subdivision & Development:Grand View Acres
- Listing ID #:4082967
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Flooring:Carpet, Tile, Vinyl
- Kitchen Description:Dishwasher, Disposal, Range Hood, Refrigerator, Self Cleaning Oven
- Basement Description:Bath/Stubbed, Daylight, Exterior Entry, Finished, Walk-Out Access
- Living area:2,850 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1954
- Building area:2,850 sq. ft.
- Architectural Style:Contemporary
- Construction Materials:Block, Brick
- Exterior Features:Covered, Deck, Front Porch, Private Yard
- Foundation Description:Concrete Perimeter, Slab
Schools
- High school:Jefferson
- Middle school:Jefferson
- Elementary school:Lumberg
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$307.02
- Tax amount:$5,454
Features and amenities
- Laundry features:Common Area, Dryer
- Amenities:Gas Water Heater
Parking
- Parking description:Driveway-Gravel
- Garage spaces:2
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