Listed By:
Madison & Company Properties;
Address
40 S Garrison Street, Denver, CO
Price
$ 749,000
Property Attributes
  • MLS#2168618
  • TypeMulti-Family
  • Listing Status Active
  • CountyJEFFERSON
  • CityDenver
  • Zip80226
  • StyleBungalow
  • Year Built1968
  • Taxes$ 4661
  • Price$ 749,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3982
  • Lot Size0.5 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Bring your offer! **Appraised at $820,000** Great Lakewood income producing duplex for a handy investor. 40 S Garrison is the larger side, 5 bedrooms and 2 baths (the 5th is non conforming) with an attached 2 car garage. 50 S Garrison has 3 bedrooms and 2 baths with its own 1 car garage. Each unit gets its own private yard and covered patio, plus there's plenty of extra parking out front for tenants or guests. Each side has its own mailing address. Gas and electric are separately metered for each unit. Water is shared. The roof was done in 2017 and both furnaces were replaced in 2021, so the big ticket items are already handled while you focus your sweat equity where it counts. This one's set up well for a house hack too. Fix up and move into one side, rent out the other, and let your tenant help cover the mortgage while you build equity.

Elementary School Middle School High School
South Lakewood Elementary School Creighton Middle School Lakewood High School
Price History
9/11/2026 Listed $789,000
9/21/2026 6$749,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Evaporative Cooling
Utilities Cable Available,Electricity Available,Electricity Connected,Natural Gas Connected,Phone Available
Possession Closing/DOD
Roof Composition
Appliances Dishwasher,Dryer,Microwave,Oven,Refrigerator
Garage Spaces 3
Patio/Porch Features Covered,Patio
Architectural Style Bungalow
Construction Materials Brick
Exclusions Unit 40: none. Unit 50: Washer,Dryer,Refridgerator,Oven,Dishwasher
Year Built 1968
Tenant Pays Cable TV,Electricity,Gas,Internet
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Live/Work
Ownership Estate
OwnerPays Water
Accessibility Accessible Approach with Ramp
County Jefferson
Property Type Residential Income
HOA No
Attached Garage Yes
Subdivision Name none
Facing Direction West
Status Active
High School Lakewood
City Denver
Senior Community Y/N No
High School District Jefferson County R-1
Lot Size Units Acres
Lot Size Square Feet 21780
Listing Terms 1031 Exchange,Cash,Conventional
Elementary School South Lakewood
Tax Annual Amount 4661
Middle/Junior High School Creighton
Property Condition Fixer
Ok to Lease Month To Month
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Jefferson County R-1
Elementary School District Jefferson County R-1

Interior Features

Interior Amenities Laminate Counters
Basement Finished
Flooring Carpet,Vinyl,Wood
Total Fireplaces 1
Fireplace Features Family Room
Common Walls End Unit,1 Common Wall
Basement (Y/N) Yes
Above Grade Finished Area 2137
Laundry Features In Unit
Total Bedrooms 8
Below Grade Finished Area 1845
Total Baths 4

Exterior Features

Exterior Amenities Private Yard
Fencing Full
Parking Features Gravel,Oversized
Water Source Public
Total Parking 3
Lot Size Area 0.5
Foundation Details Slab
Building Area Total 3982
Lot Size Acres 0.5
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 80226

Price
AVG $710K
$750K
Taxes
AVG $4,349
$4,661
Year Built
AVG 1962
1968
Visits
AVG 178
12
Data Provided by Inside Real Estate®