UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,132 sqft
Price per Sqft $257
MLS Listing ID 9308132
HOA Y/N No
Year Built 1969
Annual Tax Amount $4,707
Tax Year 2024
Lot Size 0.346 Acres
Acres 0.35
Property Sub-Type Multi Family
Source recolorado
Property Description
Tenants pay for their own gas, electricity, and trash, limiting owner expenses to just property taxes, insurance, water/sewer, and general maintenance. A zeroscaped front yard further reduces water and landscaping needs, keeping operating costs low.
Rents remain below market due to long-term ownership and tenancy, with all residents on month-to-month leases. The property presents clear upside through rent increases, monetizing the four garages, and completing Unit 5's third bedroom. With its low-maintenance setup and desirable Lakewood location, the property offers investors a clear and straightforward value-add opportunity. 10750 W 12th Pl may also be acquired with the duplex across the street at 10685–10695 W 12th Pl.
PROPERTY HIGHLIGHTS
• Single ownership for 51 years provides stability and signals untapped upside with longterm tenants on below-market leases
• Side-by-side ranch lives like townhomes, giving tenants private entrances and backyards
• Tenants directly pay for gas, electric, and trash, keeping owner expenses light
• Great unit mix of 2 & 3 bedroom units
• Immediate value-add: below-market rents, four rentable garages, and the option to finish Unit 5's third bedroom
• Can be purchased along with duplex across the street at 10685-95 W 12th Pl
UNIT AMENITIES
• Spacious units - two bookend units live like townhomes
• Each unit has its own private, dedicated backyard space
• Zeroscaped front yard for year-round low maintenance
• New roof installed in 2024
• Four of five units have its own garage
Location
State CO
County Jefferson
Interior
Fireplace N
Exterior
Garage Spaces 4.0
Roof Type Unknown
Total Parking Spaces 12
Garage Yes
Building
Sewer Public Sewer
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.
I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.
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