Listed By:
Market Masters Real Estate;
Address
863 Fenton Street, Lakewood, CO
Price
$ 799,900
Property Attributes
  • MLS#4701852
  • TypeMulti-Family
  • Listing Status Active
  • CountyJEFFERSON
  • CityLakewood
  • NeighborhoodMolholm Two Creeks
  • Zip80214
  • StyleBungalow,Traditional
  • Year Built1922
  • Taxes$ 3739
  • Price$ 799,900
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3456
  • Lot Size0.25 Acres
Data Source:
REColorado (MTOMLS)
Property Description

**Attention Investors** Own two detached single-family homes on one spacious corner lot. While referred to as a "duplex", this unique property features two fully independent residences connected only by a shared portico/carport and must be sold together. Each home offers 4 bedrooms (1 non-conforming) and 2 bathrooms, delivering exceptional flexibility for investors, extended families, or owner-occupants seeking dual living arrangements. Live in one home and rent the other, providing an opportunity to offset ownership costs while maintaining privacy and independence. Investors can enjoy the benefits of a duplex-type property with two detached rental residences on one parcel. The larger residence features beautiful hardwood floors, a generous kitchen, fresh paint, throughout and an expansive, finished, basement with high ceilings offering additional living, recreation, office, or storage space. The smaller of the two homes is a cozy, fully renovated 4 bedroom (1 non-conforming), 2 bath residence updated in 2022 with new cabinets, countertops, appliances, flooring, and fresh interior paint. Both homes have finished basements, adding valuable flexibility and usable space. Both residences are in good condition with strong rental appeal and quality finishes. Each home has separate water, electric, and gas meters, making utility management straightforward for leasing or separate occupancy. The generous corner lot may offer additional upside, including the potential to build a detached garage, ADU or explore the possibility of working with the City of Lakewood and/or Jefferson County to split/subdivide the lot into two separate parcels. Listing agent makes no guarantees and buyers should verify all development possibilities directly with local authorities. A rare opportunity to own two detached homes on one parcel with strong income potential, multi-generational flexibility, and future value-enhancement possibilities. Don't miss this one!!

Elementary School Middle School High School
Lumberg Elementary School Jefferson Middle School Jefferson High School
Price History
9/10/2026 Listed $799,900

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Cable Available,Electricity Connected,Natural Gas Connected
Possession Closing/DOD
Roof Composition
Appliances Dishwasher,Dryer,Microwave,Oven,Range,Refrigerator,Washer
Patio/Porch Features Front Porch,Patio
Architectural Style Bungalow,Traditional
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Frame,Metal Siding
Exclusions None
Year Built 1922
Tenant Pays Cable TV,Electricity,Gas,Grounds Care,Internet,Other,Trash Collection,Water
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Corporation/Trust
Gross Income 63839
OwnerPays Exterior Maintenance,Taxes
County Jefferson
Operating Expense 16521
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Molholm Two Creeks
Status Active
Directions From West 6th Ave and Sheridan Blvd,head North on Sheridan Blvd to W 9th Ave. Turn left (West) on W 9th Ave. Follow to the property on the SW Corner of W 9th Ave and Fenton St.
High School Jefferson
City Lakewood
Entry Location Ground
Senior Community Y/N No
High School District Jefferson County R-1
Lot Size Units Square Feet
Lot Size Square Feet 10715
Carport Spaces 1
Listing Terms Cash,Conventional,FHA,Jumbo,VA Loan
Elementary School Lumberg
Tax Annual Amount 3739
Middle/Junior High School Jefferson
Property Condition Updated/Remodeled
Virtual Tour https://listings.snaplyphoto.com/sites/863-fenton-st-lakewood-co-80214-28518238/branded
Structure Type Duplex
Standard Status Active
Middle/Junior School District Jefferson County R-1
Elementary School District Jefferson County R-1
Cap Rate 5.9

Interior Features

Interior Amenities Breakfast Bar,Eat-in Kitchen,Laminate Counters,Open Floorplan,Radon Mitigation System
Basement Finished,Full,Interior Entry
Flooring Carpet,Tile,Vinyl,Wood
Basement (Y/N) Yes
Above Grade Finished Area 1728
Laundry Features Sink,In Basement,In Unit,Laundry Closet
Total Bedrooms 6
Below Grade Finished Area 1503
Total Baths 4

Exterior Features

Exterior Amenities Private Yard
Fencing Full
Parking Features Asphalt,Concrete
Lot Features Corner Lot
Water Source Public
Total Parking 7
Lot Size Area 10715
Foundation Details Slab
Building Area Total 3456
Lot Size Acres 0.25
Builder Model Built in 1922 & 1961
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 80214

Price
AVG $830K
$800K
Taxes
AVG $5,147
$3,739
Year Built
AVG 1961
1922
Visits
AVG 138
12
Data Provided by Inside Real Estate®