CO
Jefferson
Lakewood
80214
7120 W 16th Place
7120 W 16th Place, Lakewood, CO 80214
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Listing Type
Multi Family
Listing Status
Active
42
$900,000

Home Details for 7120 W 16th Place

Price
$900,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
4
Square feet
2850
Year built
1954
Lot size acres
0.29
County
Jefferson
Garage
2
Basement
Bath/Stubbed, Daylight, Exterior Entry, Finished, Walk-Out Access
Days on site
134
MLS Listing#
4082967
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!

Property Features
  • Utilities
    • Natural Gas Available
    • Cable Available
    • Electricity Connected
    • Natural Gas Connected
    • Phone Connected
  • Basement
    • Bath/Stubbed
    • Daylight
    • Exterior Entry
    • Finished
    • Walk-Out Access
  • Heating Information
    • Forced Air
    • Natural Gas
  • Parking
    • Gravel
    • Attached
  • Cooling Information
    • None
  • Water Features
    • Public
  • House Interior
    • Laminate Counters
  • Garage
    • 1
School Information
School Information for 7120 W 16th Place, Lakewood, CO 80214
Elementary School
Lumberg
Middle School
Jefferson
High School
Jefferson
Listing Courtesy: West and Main Homes Inc - 303-935-8787
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EXIT MOSAIC REALTY
7173 S. Havana St., #A-600, Centennial, CO 80112
Office
949 667 2421
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