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Sold for $835,000
  • $835,000

    1022 S Arbutus Street, Lakewood, CO 80228

    6beds
    4baths
    3,060sqft
    Duplex
    Built in 1966
    -- sqft lot
    $832,000 Zestimate®
    $273/sqft
    $2,368 Estimated rent

    Home value

    $832,000

    $790,000 - $874,000

    $2,368/mo

    Zestimate® history
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    What's special

    Turnkey, income-producing side-by-side duplex ideally located at the base of Green Mountain Open Space in Lakewood. Just a short walk to the Green Mountain Trailhead! This well-maintained property features two 3-bedroom, 2-bath units, each offering a functional layout, single-car garage, and separate backyard. A rare combination that drives long-term tenant demand and retention. One unit benefits from an expansive upper-level renovation that significantly enhances the living and dining area, adding increased usability. The property has been consistently well cared for, reducing near-term capital expenditure risk. The duplex is fully occupied with tenants providing immediate cash flow and making it an excellent long-term hold for the savvy investor. The location is a major value driver, with close proximity to the Green Mountain recreation center, outdoor recreation, and highly desirable schools, including Green Mountain High School and D’Evelyn High School (ranked the #1 high school in Colorado by U.S. News & World Report). A strong combination of location, unit mix, condition, and tenant appeal. This is a solid multifamily asset in one of Lakewood’s most sought-after foothill neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Uhlig 720-989-7727 brad@westpeakproperties.com,

    West Peak Properties

    Bought with:

    Karin Kallander, 100081634

    Berkshire Hathaway HomeServices Colorado Real Estate, LLC

    Source: REcolorado as distributed by MLS GRID,MLS#: 1947817MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Disposal, Range, Range Hood, Refrigerator
    • Laundry: In Unit
    Features
    • Has basement: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,060
    • Total interior livable area: 3,060 sqft
    • Finished area above ground: 3,060

    Property

    Parking
    • Total spaces: 4
    • Parking features: Concrete
    • Attached garage spaces: 2
    • Details: Off Street Spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Partial
    Lot
    • Size: 8,756 Square Feet
    Details
    • Parcel number: 071867
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Year built: 1966

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: Green Mountain Estates
    HOA
    • Has HOA: No
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $273/sqft
    • Tax assessed value: $806,996
    • Annual tax amount: $4,187
    • Date on market: 1/30/2026
    • Listing terms: Cash,Conventional
    • Exclusions: Tenant Owned Personal Property
    • Ownership: Corporation/Trust
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/27/2026Sold$835,000$273/sqft
    Source: REcolorado as distributed by MLS GRID #1947817 Report a problem
    2/4/2026Pending sale$835,000$273/sqft
    Source: REcolorado as distributed by MLS GRID #1947817 Report a problem
    1/30/2026Listed for sale$835,000+247.9%$273/sqft
    Source: REcolorado as distributed by MLS GRID #1947817 Report a problem
    1/13/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    1/6/2022Listed for rent$2,200+10%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    2/29/2020Listing removed$2,000$1/sqft
    Source: Altos Realty Advisors, Inc. Report a problem
    2/15/2020Price change$2,000-2.4%$1/sqft
    Source: Altos Realty Advisors, Inc. Report a problem
    2/1/2020Price change$2,050-4.7%$1/sqft
    Source: Altos Realty Advisors, Inc. Report a problem
    1/15/2020Price change$2,150-2.3%$1/sqft
    Source: Altos Realty Advisors, Inc. Report a problem
    12/20/2019Listed for rent$2,200+0.9%$1/sqft
    Source: Altos Realty Advisors, Inc. Report a problem
    8/16/2019Listing removed$2,180+1.4%$1/sqft
    Source: Altos Realty Advisors, Inc. Report a problem
    7/26/2019Price change$2,150-4.4%$1/sqft
    Source: Altos Realty Advisors, Inc. Report a problem
    7/9/2019Listed for rent$2,250$1/sqft
    Source: Altos Realty Advisors, Inc. Report a problem
    9/22/2011Sold$240,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,187 +0.5%$50,437 +9.2%
    2024$4,166 +25.8%$46,190
    2023$3,312 -3.5%$46,190 +28.7%
    2022$3,433 +7.9%$35,898 -4.9%
    2021$3,182 $37,747 +7.4%
    2020$3,182 +1.3%$35,138
    2019$3,141 +4.3%$35,138 +7.9%
    2018$3,010 $32,568
    2017$3,010 +35.6%$32,568 +29%
    2016$2,220 $25,256
    2015$2,220 +25.5%$25,256 +35.7%
    2014$1,769 -18.2%$18,618
    2013$2,162 $18,618 -19%
    2012-- $22,988 -12.2%
    2011-- $26,193 +0%
    2010-- $26,190
    2009-- $26,190
    2008-- $26,190
    Find assessor info on the county website

    Neighborhood: Green Mountainside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Foothills
    • Middle: Dunstan
    • High: Green Mountain
    • District: Jefferson County R-1

    Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $832,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $832,000