$712,000
$729,500
2.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
6 Baths
3,576 SqFt
SOLD DATE : 12/30/2025
Key Details
Sold Price $712,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,576 sqft
Price per Sqft $199
Subdivision Lakewood Terrace
MLS Listing ID 9991869
Sold Date 12/30/25
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,462
Year Built 1971
Annual Tax Amount $3,413
Tax Year 2023
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Duplex
Source recolorado
Property Description
Unlock the income potential of this fully occupied duplex in the heart of Lakewood. Both units are leased and feature modern kitchens with stainless steel appliances, updated bathrooms, and fresh finishes, ensuring long-term tenant appeal and low maintenance. Spacious, light-filled layouts and private entrances enhance functionality and rental value. This property offers excellent flexibility—perfect for steady cash flow, multi-generational living, or a combination of personal use and rental income. The backyard adds tenant desirability with space for outdoor enjoyment. Positioned in a strong rental market with convenient access to shopping, dining, and public transportation, this duplex is a turnkey addition to any portfolio. Schedule your showing today and secure 245-255 Otis as your next investment. Pre-qual or proof of funds required prior to scheduling showings since both units are occupied.
Location
State CO
County Jefferson
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling None
Flooring Carpet, Laminate
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Range, Washer
Laundry In Unit
Exterior
Roof Type Shingle,Membrane
Total Parking Spaces 4
Garage No
Building
Lot Description Cul-De-Sac
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Stein
Middle Schools Alameda Int'L
High Schools Alameda Int'L
School District Jefferson County R-1
Others
Senior Community No
Ownership Agent Owner
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Century 21 Dream Home
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