Calling all INVESTORS AND OWNER OCCUPANT HOUSE HACKERS!! CAP RATE of 6.39!!!!! This investment opportunity is ready to produce income with NO additional capital expenditures! The asset currently produces $4,295/mo in rental income. Recently Renovated duplex in Lakewood! Update includes: kitchens, bathrooms, floors and paint! The 877 unit is 2 bedroom and 1 bathroom with in-unit laundry. The 875 unit is 2 bedrooms and 1 bathroom with in-unit laundry. This duplex presents itself well for an owner occupant who wants to house hack to earn income and reduce their monthly expenses. The owner occupant could also keep the long-term lease next door or change to a short-term rental income (Airbnb, VRBO, VACASA) scenario. INTERESTED IN MORE INCOME? The property across the cul-de-sac is also FOR SALE (847-845 S Depew St. - See photos). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent.
Sold for $650,000
$650,000
877 S Depew Street, Lakewood, CO 80226
4beds
2baths
2,160sqft
Duplex
Built in 1974
-- sqft lot
$655,000 Zestimate®
$301/sqft
$2,414 Estimated rent
Home value
$655,000
$622,000 - $688,000
$2,414/mo
Zestimate® history
Owner options
List your home for rent
$2,414/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,414/mo
Rent Zestimate®
Refinance and save
$3,748/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,748/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Renovated duplex
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#: 7957834
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Evaporative Cooling
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: 0.28 Acres
Details
- Parcel number: 068833
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick, Frame, 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: $649,437
- Annual tax amount: $2,852
- Date on market: 11/11/2023
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Exclusions: Tenant's Personal Property
- Ownership: Corporation/Trust
- Tenant pays: Cable TV, Electricity, Gas, Grounds Care, Internet, Telephone, Trash Collection, Water
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2023 | Sold | $650,000$301/sqft |
Source:  REcolorado as distributed by MLS GRID #7957834 Report a problem | ||
| 11/23/2023 | Pending sale | $650,000$301/sqft |
Source: REcolorado as distributed by MLS GRID #7957834 Report a problem | ||
| 11/11/2023 | Listed for sale | $650,000-0.7%$301/sqft |
Source: REcolorado as distributed by MLS GRID #7957834 Report a problem | ||
| 1/3/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/28/2021 | Sold | $654,375+44%$303/sqft |
Source: Public Record Report a problem | ||
| 12/28/2021 | Listed for rent | $1,995+20.9%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/18/2019 | Listing removed | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 12/14/2019 | Listed for rent | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 4/28/2017 | Sold | $454,400+30.4%$210/sqft |
Source: Public Record Report a problem | ||
| 4/27/2015 | Sold | $348,500$161/sqft |
Source: Public Record Report a problem | ||
| 2/21/2015 | Listed for sale | $348,500+42.8%$161/sqft |
Source: METRO BROKERS DTC #6892003 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 | $3,671 +0.5% | $40,590 +1.4% |
| 2024 | $3,653 +28.1% | $40,036 |
| 2023 | $2,852 -3.5% | $40,036 +31.2% |
| 2022 | $2,956 +8.8% | $30,508 -4.9% |
| 2021 | $2,716 | $32,078 +8.5% |
| 2020 | $2,716 +1.3% | $29,575 |
| 2019 | $2,682 +19.9% | $29,575 +24.1% |
| 2018 | $2,237 | $23,830 |
| 2017 | $2,237 +13.5% | $23,830 +8.3% |
| 2016 | $1,970 | $22,009 |
| 2015 | $1,970 +5.3% | $22,009 +13.8% |
| 2014 | $1,871 +17.5% | $19,335 |
| 2013 | $1,592 +2% | $19,335 +16.3% |
| 2012 | $1,561 -19.2% | $16,620 |
| 2011 | $1,932 +0.2% | $16,620 -19.7% |
| 2010 | $1,929 -5.6% | $20,700 -7.9% |
| 2009 | $2,044 +0.2% | $22,470 +2.7% |
| 2008 | $2,039 +8% | $21,880 |
| 2007 | $1,888 +2.4% | $21,880 +9% |
| 2006 | $1,844 -7.8% | $20,080 -5.7% |
| 2005 | $2,000 +9% | $21,290 |
| 2004 | $1,835 +12.8% | $21,290 -2.1% |
| 2003 | $1,626 +1.7% | $21,740 +16.9% |
| 2002 | $1,600 -1.4% | $18,600 +12.4% |
| 2001 | $1,623 -0.8% | $16,550 |
| 2000 | $1,635 | $16,550 |
Find assessor info on the county website
Neighborhood: Jefferson Gardens
Nearby homes
- $655,4002 bd1 ba1k sqft875 S Depew St, Lakewood, CO 80226Off Market
- $--2 bd1 ba1.1k sqft867 S Depew St, Lakewood, CO 80226Off Market
- $670,0004 bd2 ba1.9k sqft865 S Depew St, Lakewood, CO 80226Sold
- $658,7004 bd2 ba2.3k sqft5515 W Kentucky Ave, Lakewood, CO 80226Off Market
- $650,0004 bd2 ba2.1k sqft847 S Depew St, Lakewood, CO 80226Sold
- $627,9002 bd1 ba1k sqft845 S Depew St, Denver, CO 80226Off Market
- $568,4003 bd2 ba1.6k sqft5535 W Kentucky Ave, Lakewood, CO 80226Off Market
- $---- bd-- ba-- sqft847 S Depew St, Denver, CO 80226Off Market
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.
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
$655,000
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
$655,000
- Colorado
- Jefferson County
- Lakewood
- 80226
- Jefferson Gardens
- 877 S Depew Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Lakewood Topics
