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Hot
Street View
$875,000
Monthly Est:$4,355
8 Beds
4 Baths
2,900sqft
7120 W 16th Place, Lakewood, CO 80214
$875,000
$4,355/moEst:
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Quadruplex
Built in 1954
$-- HOA
12,601 sqft lot
$302/sq.ft
Description
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!
- Houzeo last checked: 7 minutes ago
- Listing updated: October 26, 2026 at 5:58 pm
- Listing Provided by: Scot Conti (303) 725-3786 | West and Main Homes Inc (303) 935-8787
- Source: DENVER (RE COLORADO) MLS-CO as distributed by MLS GRID | MLS#: 4082967
This condo is in:
Laundry FacilitiesProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1954
HOA Fees
-
Finished Area
2,900 sqft
Lot Size
12,601 sqft lot
Basement Area
- sqft
MLS Name
DENVER (RE COLORADO) MLS
MLS Number
4082967
MLS Status
Active
Days on Market
221
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Interior Features
Laminate Counters, No Stairs
Flooring
Carpet, Tile, Vinyl
Heating
Forced Air, Natural Gas
Cooling
None
Sewer
Public Sewer
Exterior Features
Private Yard
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven
Construction
Year Built
Year Built: 1954
Home type
Quadruplex
Roof
Shingle
Foundation Details
Concrete Perimeter, Slab
Architectural Style
Contemporary
Construction Materials
Block, Brick
Property Condition
Updated/remodeled
Utilities & Energy
Water Source
Public
Utilities
Cable Available, Electricity Connected, Internet Access (wired), Natural Gas Connected, Phone Connected
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Parking Features
Gravel
Basement
Bath/stubbed, Daylight, Exterior Entry, Finished, Walk Out Access
Laundry Features
Common Area, In Basement
Other Features
Patio And Porch Features
Covered, Deck, Front Porch
Tenant Pays
Cable Tv, Electricity, Gas, Internet, Telephone
Subdivision Name
Grand View Acres
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Price Decreased | $875,000 -2.78% $307/sqft |
07/09/2026 Source: | Price Decreased | $900,000 -2.70% $316/sqft |
03/25/2026 Source: | Listed for Sale | $925,000 -2.63% $325/sqft |
03/25/2026 Source: | Coming Soon | $950,000 $333/sqft |
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