10685-10695 W 12th Place Lakewood, CO $ 725,000
10685-10695 W 12th Place
$ 725,000
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10685-10695 W 12th Place

Lakewood, CO, 80215
$ 725,000
Bedrooms4 Baths3.0 Sq 3,338

Monthly Estimate*

$ 4,523

Listed by Kaufman Hagan
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Multi-Family Home for sale in Lakewood, CO

for $725,000 with 4 bedrooms and 3 full baths. This 3,338 square foot home was built in 1972 on a lot size of 0.25.

https://khcommercial.com/featured-listings/10685-10695-w-12th-pl-lakewood/ In Place Cap Rate: 6.18% Market Cap Rate: 7.36% Current NOI: $44,841 Proforma NOI: $53,392 10685-95 W 12th Place is a side-by-side, ranch-style duplex that lives more like two single-family homes than attached units. Each unit has its own front entry, fireplace, direct-access garage, and private backyard, which help reduce turnover and support long-term, family style living. The quiet residential location in the Eiber Neighborhood is just a few blocks from both Oak Street Station and Sunset Park, while being 15 minutes from both Downtown Denver and the I-70 Corridor. Tenants pay for their own gas, electricity, and trash, limiting owner expenses to just property taxes, insurance, water/sewer, and general maintenance. The two-bedroom is currently on month-to-month lease at $1,850, while the four bedroom unit is purposely being left vacant for new ownership's flexibility (it is move-in ready). Both units currently rent below market and have not received interior cosmetic updates in more than a decade, presenting a straightforward value-add opportunity to reposition the finishes and push rents towards the top-of-market. 10685-10695 W 12th Pl can also be purchased in tandem with the five-unit property across the street located at 10750 W 12th Pl.

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Multi-Family Active

Price

$ 725,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,854

Style

Duplex

Lot Size

0.25

Year Built

1972

Town/City

Lakewood

County/Region

Jefferson

MLS | Web ID

7646955

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Air Conditioning-Room
Roof Other
Garage Spaces 3
Construction Materials Brick
Exclusions Any and all private property.
Year Built 1972
Tenant Pays Electricity Gas Trash Collection
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Individual
Gross Income 54840
County Jefferson
Operating Expense 9999
Property Type Residential Income
HOA N
Attached Garage Y
Subdivision Name Krieger
Status Active
High School Lakewood
City Lakewood
Senior Community Y/N N
High School District Jefferson County R-1
Lot Size Units Square Feet
Lot Size Square Feet 10759
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School Eiber
Tax Annual Amount 3854
Middle/Junior High School Creighton
Structure Type Duplex
Standard Status Active
Middle/Junior School District Jefferson County R-1
Elementary School District Jefferson County R-1
Cap Rate 6.18
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Interior
Basement Partial
Common Walls 1 Common Wall
Basement (Y/N) Y
Above Grade Finished Area 3338
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 3
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Exterior
Exterior Amenities Private Yard
Fencing Partial
Total Parking 3
Lot Size Area 10759
Building Area Total 3338
Lot Size Acres 0.25
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Internal Only
Street Number 1 10685
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* Excluded Features
List By
Kaufman Hagan

Broker

(650) 740-9570

Phone

Affordability Calculator

$4,844
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,523
Monthly Property Taxes
$321
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1955851 Elementary School
1955822 Middle School
Lakewood High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$725,000 -5.84% Price Down
8/18/2025$770,000 Listed Price

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10685-10695 W 12th Place, Lakewood, CO, 80215 is a Multi-Family Home for sale at $725,000 with 3,338 sqft and a lot size of 0.25. 10685-10695 W 12th Place has 4 bedrooms, 3.0 baths, and was built in 1972. The property's zip code is 80215 which is in Lakewood, CO