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Sold for $712,000
    • $712,000

    245 Otis Court, Lakewood, CO 80226

    6beds
    6baths
    3,576sqft
    Duplex
    Built in 1971
    -- sqft lot
    $698,800 Zestimate®
    $199/sqft
    $3,085 Estimated rent

    Home value

    $698,800

    Estimated sales range

    Not available

    $3,085/mo

    Zestimate® history
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    What's special

    Fresh finishesPrivate entrancesSpacious light-filled layoutsUpdated bathrooms
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Hicks 303-808-2217 ANDYHICKSDENVER@GMAIL.COM,

    West Rock Realty, LLC

    Bought with:

    Kathi Philpot, 100080327

    Century 21 Dream Home

    Source: REcolorado as distributed by MLS GRID,MLS#: 9991869MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Range, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Laminate
    • Basement: Finished
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,576
    • Total interior livable area: 3,576 sqft
    • Finished area above ground: 2,462
    • Finished area below ground: 1,114

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport
    • Carport spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.3 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: 094886
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Membrane
    Condition
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Lakewood Terrace
    HOA
    • Has HOA: No
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $199/sqft
    • Tax assessed value: $653,503
    • Annual tax amount: $3,413
    • Date on market: 9/26/2025
    • Listing terms: Cash,Conventional
    • Exclusions: Tenant's Personal Property If Any
    • Ownership: Agent Owner
    • Tenant pays: Cable TV, Electricity, Gas, Internet, Telephone, Trash Collection, Water

    Price history

    DateEventPrice
    12/30/2025Sold$712,000-2.4%$199/sqft
    Source: REcolorado as distributed by MLS GRID #9991869 Report a problem
    11/5/2025Pending sale$729,500$204/sqft
    Source: REcolorado as distributed by MLS GRID #9991869 Report a problem
    9/26/2025Listed for sale$729,500+161.8%$204/sqft
    Source: REcolorado as distributed by MLS GRID #9991869 Report a problem
    6/28/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/18/2021Listed for rent$2,300+9.5%$1/sqft
    Source: Zillow Rental Manager Report a problem
    2/24/2021Listing removed--
    Source: Owner Report a problem
    7/21/2020Listing removed$2,100$1/sqft
    Source: Owner Report a problem
    7/16/2020Listed for rent$2,100$1/sqft
    Source: Owner Report a problem
    9/13/2002Sold$278,700+27.3%$78/sqft
    Source: Public Record Report a problem
    4/24/2000Sold$219,000$61/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,431 +0.5%$40,844 +7.9%
    2024$3,413 +23.5%$37,845
    2023$2,763 -3.5%$37,845 +26.3%
    2022$2,865 +12.6%$29,955 -4.9%
    2021$2,545 $31,497 +12.1%
    2020$2,545 +1.3%$28,107
    2019$2,512 +7.4%$28,107 +11%
    2018$2,339 $25,314
    2017$2,339 +18.8%$25,314 +13%
    2016$1,969 $22,407
    2015$1,969 +19.5%$22,407 +29.2%
    2014$1,648 +0.9%$17,345
    2013$1,634 +2.1%$17,345 -0.1%
    2012$1,601 -11.6%$17,368
    2011$1,812 +0.2%$17,368 -12.1%
    2010$1,808 -15.6%$19,770
    2009$2,141 +0.2%$19,770 -15.4%
    2008$2,136 +6.2%$23,360 -3.1%
    2007$2,012 +2.3%$24,110 +10.6%
    2006$1,966 -2.9%$21,800 -0.7%
    2005$2,025 +9.2%$21,950
    2004$1,855 +10.4%$21,950
    2003$1,680 +1.6%$21,950 +12%
    2002$1,654 -0.2%$19,600 +13.8%
    2001$1,658 -0.8%$17,220
    2000$1,672 $17,220
    Find assessor info on the county website

    Neighborhood: Okane Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Stein
    • Middle: Alameda Int'l
    • High: Alameda Int'l
    • 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
    $698,800
    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
    $698,800

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