REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

William Watson

bill@watsonrg.com +1(720) 463-0002

$900,000

Est. payment - /mo

8 Beds

4 Baths

2,850 SqFt

Save

UPDATED:

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $315

Subdivision Grand View Acres

MLS Listing ID 4082967

Style Contemporary

Bedrooms 8

HOA Y/N No

Year Built 1954

Lot Size 0.289 Acres

Acres 0.29

Property Sub-Type Quadruplex

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

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

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

Laundry Common Area, In Basement

Exterior

Exterior Feature Private Yard

Garage Spaces 2.0

Fence Full

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

Waterfront Description Public

Roof Type Shingle

Porch Covered, Deck, Front Porch

Private Pool No

Building

Story Multi/Split

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Schools

School District Elementary: Jefferson County R-1, Middle/Junior: Jefferson County R-1, High: Jefferson County R-1

Others

Senior Community No

Tax ID 052371

Special Listing Condition None Known

Read Less Info

Listed byWest and Main Homes Inc

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

GET MORE INFORMATION

QUICK SEARCH

7120 W 16th PL Lakewood, CO 80214