245 Otis Court Lakewood, CO $ 729,500
245 Otis Court
$ 729,500
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245 Otis Court

Lakewood, CO, 80226
$ 729,500
Bedrooms6 Baths6.0 Sq 3,576

Monthly Estimate*

$ 4,551

Listed by West Rock Realty, LLC
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Multi-Family Home for sale in Lakewood, CO

for $729,500 with 6 bedrooms and 6 full baths. This 3,576 square foot home was built in 1971 on a lot size of 0.3.

Unlock the income potential of this fully occupied duplex in the heart of Lakewood. Both units are leased and feature modern kitchens with stainless steel appliances, updated bathrooms, and fresh finishes, ensuring long-term tenant appeal and low maintenance. Spacious, light-filled layouts and private entrances enhance functionality and rental value. This property offers excellent flexibility—perfect for steady cash flow, multi-generational living, or a combination of personal use and rental income. The backyard adds tenant desirability with space for outdoor enjoyment. Positioned in a strong rental market with convenient access to shopping, dining, and public transportation, this duplex is a turnkey addition to any portfolio. Schedule your showing today and secure 245-255 Otis as your next investment. Pre-qual or proof of funds required prior to scheduling showings since both units are occupied.

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Multi-Family Pending

Price

$ 729,500

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 3,413

Style

Duplex

Lot Size

0.3

Year Built

1971

Town/City

Lakewood

County/Region

Jefferson

MLS | Web ID

9991869

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Closing/DOD
Roof Shingle Membrane
Appliances Dishwasher Disposal Dryer Range Washer
Garage Spaces 0
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Frame
Exclusions Tenant's personal property if any
Year Built 1971
Tenant Pays Cable TV Electricity Gas Internet Telephone Trash Collection Water
Levels Two
Property Subtype Duplex
Tax Year 2023
Ownership Agent Owner
Gross Income 55320
County Jefferson
Operating Expense 5283.72
Property Type Residential Income
HOA N
Attached Garage N
Contingency None Known
Subdivision Name Lakewood Terrace
Status Pending
High School Alameda Int'l
City Lakewood
Senior Community Y/N N
High School District Jefferson County R-1
Lot Size Units Acres
Lot Size Square Feet 13068
Carport Spaces 4
Listing Terms Cash Conventional
Elementary School Stein
Tax Annual Amount 3413
Middle/Junior High School Alameda Int'l
Structure Type Duplex
Standard Status Pending
Occupancy Type Tenant
Middle/Junior School District Jefferson County R-1
Elementary School District Jefferson County R-1
Cap Rate 6.8
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Interior
Basement Finished
Flooring Carpet Laminate
Common Walls 1 Common Wall
Basement (Y/N) Y
Above Grade Finished Area 2462
Laundry Features In Unit
Total Bedrooms 6
Below Grade Finished Area 1114
Total Baths 6
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Exterior
Lot Features Cul-De-Sac
Water Source Public
Total Parking 4
Lot Size Area 0.3
Building Area Total 3576
Lot Size Acres 0.3
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Internal Only
Street Number 1 245
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* Excluded Features
List By
West Rock Realty, Llc

Broker

(303) 808-2217

Phone

Affordability Calculator

$4,836
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,551
Monthly Property Taxes
$284
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
1956027 Elementary School
1956032 Middle School
Alameda Int'l High School High School
Pricing History
DatePricePrice ChangeDescription
9/26/2025$729,500 Listed Price

Map


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245 Otis Court, Lakewood, CO, 80226 is a Multi-Family Home for sale at $729,500 with 3,576 sqft and a lot size of 0.3. 245 Otis Court has 6 bedrooms, 6.0 baths, and was built in 1971. The property's zip code is 80226 which is in Lakewood, CO