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Sold for $937,500
  • $937,500

    7325 W Arkansas Avenue, Lakewood, CO 80232

    5beds
    4baths
    2,751sqft
    Duplex
    Built in 1973
    -- sqft lot
    $915,500 Zestimate®
    $341/sqft
    $2,465 Estimated rent

    Home value

    $915,500

    $861,000 - $980,000

    $2,465/mo

    Zestimate® history
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    $2,465/mo

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    $5,489/mo

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    $5,489/mo

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    What's special

    Rare opportunity to purchase a side-by-side duplex with two separate 24’X32’ detached garages (6-CAR) in the back. Projected income of $93,600/per year or 7.3% CAP Rate! Use the garages as your 3rd and 4th streams of rental income, or use one or both for all the cars and outdoors toys you have. Private, gated entry into both garages. Extra space for outdoor storage on each side and plenty of extra concrete in front of each garage for even more space. The garages are only about 7-years-old, each measure 24’X32’. The west garage is unfinished, with projected income of between $1,000-$1,200/per month. The east garage could be your next “man cave” because it is insulated, finished/floored attic with access, has electric heat, and projected rental income of $1,300 to $1,500/per month. Unit #7335 is a 3-bedrooms, 2-bathroom, ranch-style unit that is currenting renting at $2,500/per month. This unit has a new furnace, new AC unit, and new tankless water heater. Unit #7325 is a 3-bedroom, 2-bathroom, split-level unit that is currently renting at $3,000/per month. This unit’s heat is hot water boiler heat. Each unit is metered separately for gas, electric, and both units have separate water taps/separate water lines. The owner doesn’t pay any utilities. The tenants are responsible for yard maintenance and snow removal. Each of the units has an attached 1-car garage in front and covered patios in the backyard as well. New exterior paint. Don’t miss this tremendous opportunity to purchase this unique investment opportunity or opportunity to live in one of the units and have all the storage you need. Seller financing is an option. Schedule a showing today before it’s gone.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Rampi 720-935-2184 prampi@moduscommercial.com,

    MODUS Real Estate

    Bought with:

    Mercedes Huang, 100039098

    Brokers Guild Homes

    Source: REcolorado as distributed by MLS GRID,MLS#: 2756204MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Forced Air, Hot Water
    Cooling
    • Air Conditioning-Room, Central Air
    Features
    • Basement: Finished
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,751
    • Total interior livable area: 2,751 sqft
    • Finished area above ground: 2,290
    • Finished area below ground: 461

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage - Attached
    • Attached garage spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground
    • Patio & porch: Covered, Patio
    • Exterior features: Private Yard
    • Fencing: Partial
    Details
    • Parcel number: 063367
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Brick, Frame, Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Cedar Place
    HOA
    • Has HOA: No
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $341/sqft
    • Tax assessed value: $834,392
    • Annual tax amount: $4,503
    • Date on market: 10/29/2025
    • Listing terms: Cash,Conventional
    • Exclusions: Seller's And Tenant's Personal Property
    • Ownership: Individual
    • Tenant pays: Electricity, Gas, Water

    Price history

    DateEventPrice
    4/11/2026Listing removed$3,000$1/sqft
    Source: Zillow Rentals Report a problem
    3/19/2026Listed for rent$3,000$1/sqft
    Source: Zillow Rentals Report a problem
    2/10/2026Sold$937,500-10.7%$341/sqft
    Source: REcolorado as distributed by MLS GRID #2756204 Report a problem
    1/22/2026Pending sale$1,049,950$382/sqft
    Source: REcolorado as distributed by MLS GRID #2756204 Report a problem
    12/17/2025Price change$1,049,950-8.6%$382/sqft
    Source: REcolorado as distributed by MLS GRID #2756204 Report a problem
    10/29/2025Listed for sale$1,149,000+206.4%$418/sqft
    Source: REcolorado as distributed by MLS GRID #2756204 Report a problem
    2/6/2017Sold$375,000+23%$136/sqft
    Source: Public Record Report a problem
    5/19/2016Sold$305,000+6.4%$111/sqft
    Source: Public Record Report a problem
    1/2/2007Sold$286,540-3.8%$104/sqft
    Source: Public Record Report a problem
    10/31/2001Sold$297,900+166%$108/sqft
    Source: Public Record Report a problem
    11/2/1993Sold$112,000$41/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,503 +0.5%$52,150 +6.2%
    2024$4,481 +18.3%$49,116
    2023$3,787 -3.5%$49,116 +21.3%
    2022$3,925 +11.3%$40,508 -4.9%
    2021$3,527 $42,593 +10.9%
    2020$3,527 +1.3%$38,400
    2019$3,482 +51.4%$38,400 +56.7%
    2018$2,300 $24,500
    2017$2,300 +21.1%$24,500 +15.5%
    2016$1,899 $21,214
    2015$1,899 +16.6%$21,214 +35.7%
    2014$1,629 -6.8%$15,630
    2013$1,747 +2%$15,630 -14.3%
    2012$1,712 -19%$18,231
    2011$2,115 +0.2%$18,231 -19.5%
    2010$2,110 -7.4%$22,640
    2009$2,279 +0.2%$22,640 -7.2%
    2008$2,274 +13%$24,400 +19.8%
    2000$2,013 $20,370
    Find assessor info on the county website

    Neighborhood: 80232

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lasley
    • 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
    $915,500
    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
    $915,500