Skip main navigation
For sale
    • Price cut: $25K (7/9)
    $900,000

    7120 W 16th Place, Lakewood, CO 80214

    8beds
    4baths
    2,900sqft
    : 
    $5,567/mo
    Get pre-qualified
    Quadruplex
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $310/sqft
    $-- HOA

    What's special

    Rare investment opportunity in Lakewood’s Grand View Acres! This 1954-built brick quadplex features four 2BD/1BA units with 3 on fixed-term leases generating immediate income from day one. The vacant unit is move-in ready and ideal for an owner-occupant or savvy house hacker looking to live in one unit while the other three help pay the mortgage. Three of the four units were extensively updated in 2026, including new carpet, vinyl flooring, and fresh paint in two units, plus a full renovation in one unit featuring a new kitchen, new bathroom, new stainless steel appliances, vinyl flooring, carpet, lighting, and paint. A new water heater was also installed in 2025. With significant recent improvements already completed, the property offers an attractive low-maintenance opportunity with minimal near-term capital expenditures needed. Additional features include a spacious fenced in yard, two private one-car garages and dedicated off-street parking for the remaining two units. Located in sought-after Grand View Acres, the property offers convenient access to parks, trails, shopping, dining, and other everyday amenities in Lakewood and nearby Denver. This rare investment opportunity with durable interiors, strong tenant appeal, and stable income will go fast!
    144 days
    |
    208
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Scot Conti 303-725-3786 scot.conti@westandmain.com,

    West and Main Homes Inc

    Source: REcolorado as distributed by MLS GRID,MLS#: 4082967MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven
      • Laundry: Common Area, In Basement
      Features
      • Laminate Counters, No Stairs
      • Flooring: Carpet, Tile, Vinyl
      • Basement: Bath/Stubbed,Daylight,Exterior Entry,Finished,Walk-Out Access
      Interior area
      • Total structure area: 2,900
      • Total interior livable area: 2,900 sqft
      • Finished area above ground: 1,450
      • Finished area below ground: 1,400

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      • Details: Off Street Spaces: 2
      Features
      • Levels: Multi/Split
      • Entry location: Exterior Access
      • Patio & porch: Covered, Deck, Front Porch
      • Exterior features: Private Yard
      • Fencing: Full
      Lot
      • Size: 0.29 Acres
      Details
      • Parcel number: 052371
      • Zoning: MGU
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary
      • Property subtype: Quadruplex
      Materials
      • Block, Brick
      • Foundation: Concrete Perimeter, Slab
      Condition
      • Updated/Remodeled
      • Year built: 1954

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $310/sqft
      • Tax assessed value: $898,880
      • Annual tax amount: $5,454
      • Date on market: 3/25/2026
      • Listing terms: Cash,Conventional
      • Exclusions: Tenants Personal Property
      • Ownership: Individual
      • Tenant pays: Cable TV, Electricity, Gas, Internet, Telephone
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/9/2026Price change$900,000-2.7%$310/sqft
        Source: REcolorado as distributed by MLS GRID #4082967 Report a problem
        4/14/2026Price change$925,000-2.6%$319/sqft
        Source: REcolorado as distributed by MLS GRID #4082967 Report a problem
        3/25/2026Listed for sale$950,000+18.8%$328/sqft
        Source: REcolorado as distributed by MLS GRID #4082967 Report a problem
        2/24/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        12/21/2020Listed for rent$1,400
        Source: Owner Report a problem
        12/16/2020Sold$800,000+349.4%$276/sqft
        Source: Public Record Report a problem
        11/21/1996Sold$178,000$61/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,293 +0.5%$56,180 +18.6%
        2024$4,271 +23.3%$47,353
        2023$3,463 -3.5%$47,353 +26.2%
        2022$3,590 +15.5%$37,536 -4.9%
        2021$3,108 $39,468 +15%
        2020$3,108 +1.3%$34,320
        2019$3,068 +15.3%$34,320 +19.2%
        2018$2,662 $28,800
        2017$2,662 +23.4%$28,800 +17.3%
        2016$2,158 $24,548
        2015$2,158 +2.9%$24,548 +11.3%
        2014$2,097 -2.8%$22,065
        2013$2,157 +2.1%$22,065 -3.8%
        2012$2,113 -11.2%$22,925
        2011$2,381 +0.2%$22,925 -11.8%
        2010$2,376 -5.6%$25,990
        2009$2,518 +0.2%$25,990 -5.4%
        2008$2,512 +2.8%$27,470
        2007$2,444 +2.3%$27,470 +3.7%
        2006$2,388 -3.3%$26,480 -1%
        2005$2,468 +9.2%$26,750
        2004$2,261 +15.9%$26,750
        2003$1,950 +1.6%$26,750 +17.6%
        2002$1,920 +7.1%$22,750 +17.2%
        2001$1,793 -0.9%$19,410
        2000$1,810 $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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Northeast Lakewood

        Getting around

        80 / 100
        Very Walkable
        49 / 100
        Some Transit
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lumberg
        • Middle: Jefferson
        • High: Jefferson
        • 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Lakewood Topics

                Search
                Updates
                Favorites
                Plan
                Inbox