Calling all INVESTORS!!! CAP RATE of 6.75!!!!! This investment opportunity is ready to produce income with NO additional capital expenditures! Recently Renovated duplex in Lakewood! Update includes: kitchens, bathrooms, floors and paint!
The 847 unit is 2 bedroom and 1 bathroom with in-unit laundry. Current rent is $2,195 with lease expiring 6/30/24.
The 845 unit is 2 bedrooms and 1 bathroom with in-unit laundry. Current rent is $2,295 with lease expiring 5/20/24.
This opportunity is perfect for an investor looking for long-term rental income and in the future potential options for short term rental income (Airbnb, VRBO, VACASA). Easy to manage asset. INTERESTED IN MORE INCOME? The property across the cul-de-sac is also FOR SALE (877-875 S Depew St. - See photos). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent. Photos are of 1 unit, ALL have been UPDATED!
Sold for $650,000
$650,000
847 S Depew Street, Lakewood, CO 80226
4beds
2baths
2,160sqft
Duplex
Built in 1974
-- sqft lot
$653,000 Zestimate®
$301/sqft
$2,417 Estimated rent
Home value
$653,000
$620,000 - $686,000
$2,417/mo
Zestimate® history
Owner options
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$2,417/mo
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$2,417/mo
Rent Zestimate®
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$3,748/mo
Est. payment
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$3,748/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Steven Cerese 1303-590-8537 steve@cohomeorinvest.com,
Five Four Real Estate, LLC,
Brynn Cerese 802-522-8944,
Five Four Real Estate, LLC
Bought with:
Michelle Wise
1st Realty Associates Inc
Source: REcolorado as distributed by MLS GRID,MLS#: 7026232
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Disposal
- Laundry: In Unit
Features
- Basement: Finished
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
- Finished area above ground: 2,160
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.29 Acres
Details
- Parcel number: 068835
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Belmar
HOA
- Has HOA: No
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $634,274
- Annual tax amount: $2,800
- Date on market: 11/11/2023
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Other,VA Loan
- Exclusions: Tenants Personal Property
- Ownership: Corporation/Trust
- Tenant pays: Cable TV, Electricity, Gas, Grounds Care, Internet, Telephone, Trash Collection, Water
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Listing removed | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/23/2025 | Listed for rent | $2,300+4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/22/2023 | Sold | $650,000$301/sqft |
Source:  REcolorado as distributed by MLS GRID #7026232 Report a problem | ||
| 11/23/2023 | Pending sale | $650,000$301/sqft |
Source: REcolorado as distributed by MLS GRID #7026232 Report a problem | ||
| 11/11/2023 | Listed for sale | $650,000-0.7%$301/sqft |
Source: REcolorado as distributed by MLS GRID #7026232 Report a problem | ||
| 6/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/24/2023 | Price change | $2,195-4.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/2/2023 | Listed for rent | $2,295$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/27/2023 | Price change | $2,295+4.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/22/2023 | Listed for rent | $2,195-4.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/8/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/30/2022 | Listed for rent | $2,295$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/22/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/15/2022 | Listed for rent | $2,295+39.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/1/2021 | Sold | $654,375+37.5%$303/sqft |
Source: Public Record Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/30/2020 | Listing removed | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 4/28/2020 | Listed for rent | $1,650+1.9%$1/sqft |
Source: Owner Report a problem | ||
| 9/22/2018 | Listing removed | $1,620$1/sqft |
Source: Owner Report a problem | ||
| 9/13/2018 | Listed for rent | $1,620+4.5%$1/sqft |
Source: Owner Report a problem | ||
| 9/7/2018 | Sold | $476,000+0.2%$220/sqft |
Source: Public Record Report a problem | ||
| 8/6/2018 | Pending sale | $475,000$220/sqft |
Source: Keller Williams Advantage Realty #6780011 Report a problem | ||
| 7/31/2018 | Listed for sale | $475,000+36.3%$220/sqft |
Source: Keller Williams Advantage Realty LLC #6780011 Report a problem | ||
| 9/1/2017 | Listing removed | $1,550$1/sqft |
Source: Owner Report a problem | ||
| 8/17/2017 | Listed for rent | $1,550$1/sqft |
Source: Owner Report a problem | ||
| 4/1/2015 | Sold | $348,500+42.8%$161/sqft |
Source: Public Record Report a problem | ||
| 12/12/2000 | Sold | $244,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,585 +0.5% | $39,642 +1.4% |
| 2024 | $3,568 +27.4% | $39,100 |
| 2023 | $2,800 -3.5% | $39,100 +30.5% |
| 2022 | $2,902 +8.6% | $29,952 -4.9% |
| 2021 | $2,673 | $31,493 +8.2% |
| 2020 | $2,673 +1.3% | $29,106 |
| 2019 | $2,639 +18% | $29,106 +22.2% |
| 2018 | $2,236 | $23,824 |
| 2017 | $2,236 +13.6% | $23,824 +8.3% |
| 2016 | $1,970 | $22,001 |
| 2015 | $1,970 +5.4% | $22,001 +13.9% |
| 2014 | $1,869 +17.4% | $19,319 |
| 2013 | $1,592 +2% | $19,319 +16.2% |
| 2012 | $1,561 -19.2% | $16,620 |
| 2011 | $1,932 +0.2% | $16,620 -19.7% |
| 2010 | $1,929 -5.5% | $20,700 -7.8% |
| 2009 | $2,041 +0.2% | $22,450 +2.7% |
| 2008 | $2,036 +8.1% | $21,850 |
| 2007 | $1,884 +2.4% | $21,850 +9% |
| 2006 | $1,840 -8% | $20,040 -5.9% |
| 2005 | $2,000 +9% | $21,290 |
| 2004 | $1,835 +12.8% | $21,290 -2.3% |
| 2003 | $1,626 +1.7% | $21,800 +17.2% |
| 2002 | $1,600 -0.3% | $18,600 +13.6% |
| 2001 | $1,605 -0.8% | $16,370 |
| 2000 | $1,617 | $16,370 |
Find assessor info on the county website
Neighborhood: Jefferson Gardens
Nearby homes
- $627,9002 bd1 ba1k sqft845 S Depew St, Denver, CO 80226Off Market
- $---- bd-- ba-- sqft847 S Depew St, Denver, CO 80226Off Market
- $643,8002 bd1 ba1.1k sqft855 S Depew St, Lakewood, CO 80226Off Market
- $492,7003 bd2 ba1.3k sqft857 S Depew St, Lakewood, CO 80226Off Market
- $650,0004 bd2 ba2.1k sqft877 S Depew St, Lakewood, CO 80226Sold
- $--2 bd1 ba1.1k sqft867 S Depew St, Lakewood, CO 80226Off Market
- $655,4002 bd1 ba1k sqft875 S Depew St, Lakewood, CO 80226Off Market
- $670,0004 bd2 ba1.9k sqft865 S Depew St, Lakewood, CO 80226Sold
Nearby schools
GreatSchools rating
- 4/10Deane Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 3/10Alameda International High SchoolGrades: 7-12Distance: 1.5 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.
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Estimated market value
$653,000
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
$653,000
- Colorado
- Jefferson County
- Lakewood
- 80226
- Jefferson Gardens
- 847 S Depew Street
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