Listing provided courtesy of West and Main Homes IncMLS# 4082967MLS Provider
  • 97 days on site
  • 0 views

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!

Source: REColorado MLS, MLS#: 4082967

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income
  • Lot
    0.29 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Michael Kozlowski

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7120 W 16th Place


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/14/2026Source: REColorado MLS Price Reduction
$925,000 -2.6%
3/25/2026Source: REColorado MLS Status Change
Active
3/24/2026Source: REColorado MLS Added to Database
March 24, 2026