5870 W 5th Avenue Lakewood, CO $ 875,000
5870 W 5th Avenue
$ 875,000
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5870 W 5th Avenue

Lakewood, CO, 80226
$ 875,000
Bedrooms10 Baths4.0 Sq 3,424

Monthly Estimate*

$ 5,388

Listed by Your Castle Real Estate Inc
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Multi-Family Home for sale in Lakewood, CO

for $875,000 with 10 bedrooms and 4 full baths. This 3,424 square foot home was built in 1965 on a lot size of 0.45.

Calling all investors and house hackers! This turnkey duplex offers the perfect opportunity to generate immediate income while minimizing maintenance and maximizing future potential. Each side features 1,712 square feet with 5 bedrooms, 2 bathrooms, a 1-car attached garage, central A/C, private fenced backyard, and thoughtful updates throughout. Both units have been extensively remodeled with newer kitchens, bathrooms, flooring, mechanical systems, sewer lines, radon systems, furnaces, water heaters, and more - making this a truly low-maintenance investment. The main levels of both units feature hardwood floors, spacious living rooms, updated kitchens, 2 bedrooms, and a full bath. Finished basements offer 3 additional bedrooms, another full bath, laundry, and comfortable carpeted living space - creating flexible layouts ideal for tenants or owner occupants alike. 5870 is currently rented through mid-July at just under $3,000/month, while 5880 is vacant and ready for its next owner or tenant. Whether you want to owner occupy while offsetting your mortgage or fully lease both sides for approximately $6,000/month in rental income, the options are endless. The oversized lot also presents incredible future upside with room to potentially add an ADU or third unit to further increase cash flow. Conveniently located near 6th Avenue for easy commuting and just minutes from Belmar’s shopping, restaurants, grocery stores, and entertainment, this is a rare opportunity to own a move-in ready duplex with strong income potential in a prime Lakewood location.

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Multi-Family Active

Price

$ 875,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,360

Style

Contemporary

Lot Size

0.45

Year Built

1965

Town/City

Lakewood

County/Region

Jefferson

MLS | Web ID

8424631

Features
Interior
Interior Amenities High Ceilings Laminate Counters Open Floorplan Pantry Radon Mitigation System
Basement Bath/Stubbed Finished Full Interior Entry Sump Pump
Flooring Carpet Linoleum Tile Vinyl Wood
Total Fireplaces 0
Common Walls 1 Common Wall
Basement (Y/N) Y
Above Grade Finished Area 1712
Laundry Features In Basement In Unit Multiple Locations
Total Bedrooms 10
Below Grade Finished Area 1712
Total Baths 4
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Closing/DOD Immediate Rental Agreement See Remarks
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Oven Refrigerator Sump Pump Washer
Garage Spaces 2
Patio/Porch Features Patio
Architectural Style Contemporary
Security Features Carbon Monoxide Detector(s) Smart Locks Smoke Detector(s)
Construction Materials Brick Frame
Exclusions Sellers`personal propertym staging materials and Tenants' personal property
Year Built 1965
Tenant Pays Electricity Gas Internet
Levels One
Property Subtype Duplex
Tax Year 2024
Current Use Live/Work
Ownership Individual
Gross Income 72000
County Jefferson
Property Type Residential Income
HOA N
Attached Garage Y
Subdivision Name Bennett and Shockley
Facing Direction West
Status Active
Directions Google maps is accurate
High School Alameda Int'l
City Lakewood
Senior Community Y/N N
High School District Jefferson County R-1
Lot Size Units Square Feet
Lot Size Square Feet 19602
Carport Spaces 0
Listing Terms 1031 Exchange Cash Conventional FHA VA Loan
Elementary School Deane
Tax Annual Amount 4360
Home Warranty Y/N N
Middle/Junior High School Alameda Int'l
Property Condition Updated/Remodeled
Ok to Lease Long Term
Virtual Tour https://iframe.videodelivery.net/10cab004f3bd9928cd369128cb57b103
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Jefferson County R-1
Elementary School District Jefferson County R-1
Cap Rate 5.35
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Exterior
Exterior Amenities Fire Pit Lighting Private Yard Rain Gutters
Fencing Full
Parking Features Concrete Dry Walled Exterior Access Door Finished Garage Storage
Lot Features Level Near Public Transit
Water Source Public
Total Parking 12
Lot Size Area 19602
Foundation Details Concrete Perimeter
Building Area Total 3424
Lot Size Acres 0.45
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 5870
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* Excluded Features
List By
Your Castle Real Estate Inc

Broker

(740) 334-9898

Phone

Affordability Calculator

$5,751
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$363
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3043642 Elementary School
1956032 Middle School
Alameda Int'l High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$875,000 Listed Price

Map


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5870 W 5th Avenue, Lakewood, CO, 80226 is a Multi-Family Home for sale at $875,000 with 3,424 sqft and a lot size of 0.45. 5870 W 5th Avenue has 10 bedrooms, 4.0 baths, and was built in 1965. The property's zip code is 80226 which is in Lakewood, CO