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Image 1 - 11508 W 16th St, Lakewood, Colorado, 80215 - House for sale
Image 2 - 11508 W 16th St, Lakewood, Colorado, 80215 - House for sale
Image 3 - 11508 W 16th St, Lakewood, Colorado, 80215 - House for sale
Image 4 - 11508 W 16th St, Lakewood, Colorado, 80215 - House for sale
Image 5 - 11508 W 16th St, Lakewood, Colorado, 80215 - House for sale
Image 6 - 11508 W 16th St, Lakewood, Colorado, 80215 - House for sale
Image 7 - 11508 W 16th St, Lakewood, Colorado, 80215 - House for sale
Image 8 - 11508 W 16th St, Lakewood, Colorado, 80215 - House for sale
Image 9 - 11508 W 16th St, Lakewood, Colorado, 80215 - House for sale
Home For Sale In Lakewood, Colorado
11508 W 16th St, Lakewood, Colorado, 80215

Home For Sale In Lakewood, Colorado

house for sale
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Listed: 06/13/24

11508 W 16th St, Lakewood, Colorado, 80215

9 Bed:
12 Bath:
7,538 Sq Ft Living Area:
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Price
$ 2,2M

About This House

Turn-Key Investment Opportunity! Newly completed 5-unit multi-family townhome complex, perfect for investors seeking a time-tested, lucrative venture. Each townhome boasts1, 500sqft of modern living space, featuring 3 bedrooms and 4 bathrooms, with projected rental income of$3, 200 - $3, 600/month per unit. Includes a builder warranty. The property includes durable flooring throughout, in-unit laundry facilities, central air conditioning, and kitchens with a range, microwave, and dishwasher. Located in the path of progress, just blocks away from the Light Rail Station and minutes from Colorado Mills and Maple Grove Park/Reservoir, this complex offers easy access to both 6th Ave and I-70. This property offers seamless investment potential-let the builder's loss be your gain! Don't miss out on this excellent opportunity to expand your portfolio with a high-demand rental property in a prime location.

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Lakewood Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
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In May 2024, the asking price for 2 bed houses for sale in/near Lakewood, United States averaged $482,628, an increase of 10.5% from the previous month.
Median price trends for properties for sale in Lakewood, United States as of May 2024.

Household Income

Median household income: $61,058
Number of households: 64,734
The average household income in Lakewood, CO grew from $58,227 to $61,058 in the past year. This data is an estimate based upon 64,734 households in Lakewood, CO.
The chart below presents how household income is distributed in Lakewood, CO in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lakewood, CO compared to median property taxes around the country. The prevalent amount of property taxes in Lakewood, CO equals $800-$1,500 , which is less than the national average.