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492 S Owens St, Lakewood, CO 80226

Lakewood
Local realty services provided by:CENTURY 21 Cornerstone
492 S Owens St,Lakewood, CO 80226
$545,000
  • 4 Beds
  • 2 Baths
  • 2,373 sq. ft.
  • Multi-family
  • Active
Listed by: hussein garcia
Office: keller williams realty downtown llc303-539-5700
MLS#:9954886
Source:IRES

Price summary

  • Price:$545,000
  • Price per sq. ft.:$229.67

About this home

Welcome to 490-492 S Owens-an exceptional investment opportunity offering both immediate cash flow and long-term development upside. This well-positioned duplex sits on an expansive 153 x 120 lot, providing a rare combination of current income and future potential in a rapidly evolving area. The property is currently configured as a duplex with strong in-place rents of $1,350 and $2,500 per month, delivering consistent income from day one. Each unit offers functional layouts with solid rental appeal, making this an ideal asset for investors looking to stabilize and hold, or reposition for increased returns. Whether you choose to lightly renovate and raise rents, or fully modernize the units to maximize value, the flexibility here is a major advantage. What truly sets this property apart is the lot size and development potential. With over 18,000 square feet of land, there is a compelling opportunity to explore subdividing the lot and constructing an additional duplex (buyer to verify...

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Home facts

  • Year built:1966
  • Subdivision & Development:Mountain Park
  • Listing ID #:9954886
  • Added:149 day(s) ago
  • Updated:September 10, 2026 at 09:28 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:1
  • Basement Description:Partial, Unfinished
  • Living area:2,373 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1966
  • Building area:2,373 sq. ft.
  • Lot area:0.41 Acres
  • Architectural Style:Fixer-Upper
  • Levels:3 Story

Schools

  • High school:Lakewood
  • Middle school:Creighton
  • Elementary school:Belmar

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$545,000
  • Price per sq. ft.:$229.67
  • Tax amount:$3,619

Parking

  • Garage spaces:5
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