Fully updated and professionally managed turn-key brick 4-plex just 3 blocks from the light rail. Easy access to Belmar, CCU, Red Rocks Community College, and 6th Ave. Actual as-is cap rate of 5.59% and could go up to 6.38% cap rate with self-management. One vacant unit as of July 1st provides an opportunity for an owner/manager to live on-site if desired. Shared laundry area for all 4 units and 8 off-street parking spaces. Awesome opportunity to get into a 4-unit property and get residential financing vs commercial financing for 5+ unit properties.
Sold for $900,000
$900,000
989 Upham Court, Lakewood, CO 80214
9beds
5baths
3,455sqft
Quadruplex
Built in 1956
-- sqft lot
$1,028,300 Zestimate®
$260/sqft
$2,530 Estimated rent
Home value
$1,028,300
$946,000 - $1.13M
$2,530/mo
Zestimate® history
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$2,530/mo
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$2,530/mo
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$4,187/mo
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Zillow last checked:
Listing updated:
Listed by:
David J. O'Brien 720-934-6597 david.obrien@compass.com,
Compass - Denver
Bought with:
Jim Romano, 1317328
RE/MAX Professionals
Source: REcolorado as distributed by MLS GRID,MLS#: 9631315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
- Laundry: Common Area, Main Level
Features
- Quartz Counters, Smoke Free
- Flooring: Laminate
- Basement: Crawl Space,Exterior Entry,Finished,Partial,Sump Pump
- Common walls with other units/homes: No One Above,No One Below
Interior area
- Total structure area: 3,455
- Total interior livable area: 3,455 sqft
- Finished area above ground: 3,175
- Finished area below ground: 280
Property
Parking
- Total spaces: 8
- Parking features: Asphalt
- Details: Off Street Spaces: 8
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: One
- Stories: 1
- Entry location: Ground
- Patio & porch: Patio
- Exterior features: Rain Gutters
- Fencing: None
Lot
- Size: 0.33 Acres
- Features: Level
Details
- Parcel number: 051435
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1956
Utilities & green energy
- Electric: 110V, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Two Creeks
HOA
- Has HOA: No
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $1,250,600
- Annual tax amount: $6,072
- Date on market: 7/2/2024
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Exclusions: Tenant's Personal Property
- Ownership: Individual
- Tenant pays: Cable TV, Electricity, Gas, Internet, Telephone, Water
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2024 | Sold | $900,000-0.3%$260/sqft |
Source:  REcolorado as distributed by MLS GRID #9631315 Report a problem | ||
| 10/16/2017 | Sold | $902,500+4.4%$261/sqft |
Source: Public Record Report a problem | ||
| 10/12/2017 | Listing removed | $1,395 |
Source: Atlas Real Estate Group - Property # 391256 Report a problem | ||
| 9/15/2017 | Listed for sale | $864,586+51.7%$250/sqft |
Source: Denver Fine Properties LLC #9194684 Report a problem | ||
| 7/13/2017 | Listed for rent | $1,395 |
Source: Zillow Rental Network Report a problem | ||
| 6/5/2017 | Sold | $570,000$165/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,103 +0.5% | $78,163 +16.1% |
| 2024 | $6,072 +9.6% | $67,324 |
| 2023 | $5,541 -3.5% | $67,324 +12.1% |
| 2022 | $5,744 +15.5% | $60,058 -4.9% |
| 2021 | $4,973 | $63,149 +5.1% |
| 2020 | $4,973 -7.4% | $60,060 |
| 2019 | $5,368 +101.7% | $60,060 +108.5% |
| 2018 | $2,662 | $28,800 |
| 2017 | $2,662 +24.6% | $28,800 +18.5% |
| 2016 | $2,136 | $24,301 |
| 2015 | $2,136 +2.9% | $24,301 +11.3% |
| 2014 | $2,075 -2.7% | $21,843 |
| 2013 | $2,134 +2.1% | $21,843 -3.7% |
| 2012 | $2,091 -11.3% | $22,686 |
| 2011 | $2,357 +0.2% | $22,686 -11.8% |
| 2010 | $2,352 -6.6% | $25,720 |
| 2009 | $2,518 +0.2% | $25,720 -6.4% |
| 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
Neighborhood: Two Creeks
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Nearby schools
GreatSchools rating
- 2/10Lumberg Elementary SchoolGrades: PK-6Distance: 1.3 mi
- 4/10Creighton Middle SchoolGrades: 6-8Distance: 1.7 mi
- 8/10Lakewood High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Molholm
- Middle: Creighton
- High: Lakewood
- 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
$1,028,300
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
$1,028,300
- Colorado
- Jefferson County
- Lakewood
- 80214
- Two Creeks
- 989 Upham Court
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Nearby neighborhoods
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