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7120 W 16th Pl, Lakewood, CO 80214

Lakewood
Local realty services provided by:CENTURY 21 CapRock Real Estate
7120 W 16th Pl,Lakewood, CO 80214
$900,000
  • 8 Beds
  • 4 Baths
  • 2,900 sq. ft.
  • Multi-family
  • Active
Listed by: scot conti
Office: west and main homes inc303-935-8787
MLS#:4082967
Source:IRES

Price summary

  • Price:$900,000
  • Price per sq. ft.:$310.34

About this home

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....

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Home facts

  • Year built:1954
  • Subdivision & Development:Grand View Acres
  • Listing ID #:4082967
  • Added:153 day(s) ago
  • Updated:August 25, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Kitchen Description:Dishwasher, Disposal, Refrigerator, Self Cleaning Oven
  • Basement Description:Daylight, Partially Finished, Slab, Walk-Out Access
  • Living area:2,900 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Fiberglass
  • Year built:1954
  • Building area:2,900 sq. ft.
  • Lot area:0.29 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Block, Brick, Concrete
  • Exterior Features:Deck, Patio
  • Levels:2 Story

Schools

  • High school:Jefferson
  • Middle school:Jefferson
  • Elementary school:Lumberg

Utilities

  • Water:City
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$900,000
  • Price per sq. ft.:$310.34
  • Tax amount:$5,454

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Fire Alarm, Refrigerator, Self Cleaning Oven
  • Laundry features:Dryer

Parking

  • Garage spaces:2
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