Listed By:
Group Harmony;
Address
27-29 Newland Court, Lakewood, CO
Price
$ 690,000
Property Attributes
  • MLS#IR1065779
  • TypeMulti-Family
  • Listing Status Active
  • CountyJEFFERSON
  • CityLakewood
  • NeighborhoodKohler
  • Zip80226
  • Style
  • Year Built1963
  • Taxes$ 3892
  • Price$ 690,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2086
  • Lot Size0.3 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Fantastic investment opportunity in Lakewood! Both tenants have resided here 10+ years, one just re-signed an 18 month lease that starts in October. The other is good through February 2027 and will likely re-sign as well. The tenants have never missed a payment! This duplex is situated on a large .3 acre lot in a fantastic location just 1 mile to Belmar Shopping Center, across from O'Kane Park, only 6.5 miles to Coors Field. Both units have fenced backyards as well. Photos are of unit 29, both units are identical. Please allow 48 hours notice for showings.

Elementary School
Stein Elementary School
Price History
8/5/2026 Listed $710,000
8/28/2026 3$690,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Air Conditioning-Room
Utilities Electricity Available,Natural Gas Available
Possession Closing/DOD
Roof Composition
Zoning R-2
Construction Materials Brick
Exclusions Tenant's Personal Property
Year Built 1963
Tenant Pays Electricity,Gas,Trash Collection,Water
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Individual
Gross Income 4450
County Jefferson
Net Operating Income 47402
Operating Expense 5998
Property Type Residential Income
HOA No
Subdivision Name Kohler
Possible Use Multi-Family,Residential
Status Active
High School Other
City Lakewood
High School District Jefferson County R-1
Number Of Units Total 2
Lot Size Square Feet 12981
Listing Terms Cash,Conventional
Elementary School Stein
Tax Annual Amount 3892
Middle/Junior High School Other
Concessions No
Standard Status Active
Occupancy Type Tenant
Elementary School District Jefferson County R-1
Cap Rate 6.86

Interior Features

Interior Amenities Eat-in Kitchen
Basement None
Furnished Y/N Unfurnished
Basement (Y/N) No

Exterior Features

Lot Features Level
Water Source Public
Total Parking 2
Building Area Total 2086
Lot Size Acres 0.3
Road Surface Type Paved
Road Frontage Type Public

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
$690K
Taxes
AVG $4,349
$3,892
Year Built
AVG 1962
1963
Visits
AVG 178
32
Data Provided by Inside Real Estate®