5530 W 3rd Pl presents investors with the opportunity to acquire a well-located workforce housing asset in the central Lakewood corridor with a clear path to income growth through below-market in-place rents. With rents materially below renovated comparable properties, a new owner can achieve meaningful NOI expansion through modest interior improvements and natural lease rollover, delivering early yield growth within a stable renter demand segment.
For sale
$825,000
5530 W 3rd Place, Lakewood, CO 80226
8beds
4baths
3,000sqft
:
Get pre-qualified$5,156/mo
Quadruplex
Built in 1961
-- sqft lot
$798,500 Zestimate®
$275/sqft
$-- HOA
What's special
- 71 days |
- 106 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Charles Burkhart 214-336-6064 charles.burkhart@marcusmillichap.com,
Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
Source: REcolorado as distributed by MLS GRID,MLS#: 6456343
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Has cooling: Yes
Features
- Has basement: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 073468
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stone, Wood Siding
- Roof: Unknown
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: 754800 Tittes
HOA
- Has HOA: No
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $781,640
- Annual tax amount: $5,084
- Date on market: 5/28/2026
- Listing terms: Cash,Conventional,Other
- Ownership: Individual
Estimated market value
$798,500
$759,000 - $838,000
$1,700/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Listed for sale | $825,000+285.5%$275/sqft |
Source:  REcolorado as distributed by MLS GRID #6456343 Report a problem | ||
| 5/14/2010 | Sold | $214,000-36.1%$71/sqft |
Source: Public Record Report a problem | ||
| 12/29/2005 | Sold | $335,000$112/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,974 +0.5% | $48,853 +20% |
| 2024 | $3,955 +6.2% | $40,696 |
| 2023 | $3,726 -3.6% | $40,696 +8.4% |
| 2022 | $3,866 +15.5% | $37,536 -4.9% |
| 2021 | $3,348 | $39,468 +15% |
| 2020 | $3,348 +1.2% | $34,320 |
| 2019 | $3,308 +15.5% | $34,320 +19.2% |
| 2018 | $2,863 | $28,800 |
| 2017 | $2,863 +21.6% | $28,800 +16.1% |
| 2016 | $2,354 -0.5% | $24,804 |
| 2015 | $2,365 +5.1% | $24,804 +12.4% |
| 2014 | $2,251 -2.8% | $22,065 |
| 2013 | $2,317 +1.9% | $22,065 -3.8% |
| 2012 | $2,274 -11.3% | $22,925 |
| 2011 | $2,562 +0.2% | $22,925 -11.8% |
| 2010 | $2,558 -5.6% | $25,990 |
| 2009 | $2,710 +0.2% | $25,990 -5.4% |
| 2008 | $2,704 +2.9% | $27,470 |
| 2007 | $2,629 +2.2% | $27,470 +3.7% |
| 2006 | $2,573 +8.6% | $26,480 +10.9% |
| 2005 | $2,370 +8.5% | $23,880 |
| 2004 | $2,185 +3.6% | $23,880 -10.7% |
| 2003 | $2,109 +1.4% | $26,750 +17.6% |
| 2002 | $2,079 +3.7% | $22,750 +17.2% |
| 2001 | $2,005 -0.4% | $19,410 |
| 2000 | $2,014 | $19,410 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80226
Nearby schools
GreatSchools rating
- 4/10Deane Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 3/10Alameda International High SchoolGrades: 7-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Deane
- 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.
- $---- sqft5530 W 3rd Pl, Lakewood, CO 80226Off Market
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- $--2 bd1 ba750 sqft5540 W 3rd Pl APT 2, Lakewood, CO 80226Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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