5410 W 3rd Place Lakewood, CO $ 825,000
5410 W 3rd Place
$ 825,000
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5410 W 3rd Place

Lakewood, CO, 80226
$ 825,000
Bedrooms8 Baths4.0 Sq 3,000

Monthly Estimate*

$ 5,209

Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
5410 W 3rd Place, Lakewood, CO 80226 - Image 1
5410 W 3rd Place, Lakewood, CO 80226 - Image 2
5410 W 3rd Place, Lakewood, CO 80226 - Image 3
5410 W 3rd Place, Lakewood, CO 80226 - Image 4
5410 W 3rd Place, Lakewood, CO 80226 - Image 5
5410 W 3rd Place, Lakewood, CO 80226 - Image 6

Multi-Family Home for sale in Lakewood, CO

for $825,000 with 8 bedrooms and 4 full baths. This 3,000 square foot home was built in 1962.

5410 W 3rd Pl is a stabilized four-unit multifamily property in Lakewood, Colorado, offering immediate cash flow and strong rent growth potential. The asset is priced at a 5.36% current cap rate with projected expansion to 6.68% in Year One, driven by rent normalization rather than renovations. Current NOI of $44,213 is projected to increase to $55,092, representing approximately 25% growth through loss-to-lease burnoff. The property features a 100% two-bedroom unit mix with average rents of $1,300 compared to modeled market rents of $1,600, providing a clear path to increased revenue. Located in a mature West Denver rental corridor with strong commuter access and limited multifamily supply, the property offers stable income, near-term yield growth, and long-term appreciation potential.

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Multi-Family Active

Price

$ 825,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,084

Style

Quadruplex

Year Built

1962

Town/City

Lakewood

County/Region

Jefferson

MLS | Web ID

7782631

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Other
Roof Unknown
Garage Spaces 0
Construction Materials Other
Exclusions n/a
Year Built 1962
Levels One
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
County Jefferson
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Neagle Addition
Status Active
High School Jefferson
City Denver
Senior Community Y/N N
High School District Jefferson County R-1
Carport Spaces 0
Listing Terms Cash Conventional
Elementary School Deane
Tax Annual Amount 5084
Middle/Junior High School Alameda Int'l
Structure Type Quadruplex
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Jefferson County R-1
Elementary School District Jefferson County R-1
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Exterior
Total Parking 6
Building Area Total 3000
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Interior
Basement (Y/N) N
Above Grade Finished Area 3000
Total Bedrooms 8
Total Baths 4
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Internal Only
Street Number 1 5410
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* Excluded Features
List By
Marcus & Millichap Real Estate Investment Services Of Atlanta, Inc.

Broker

(214) 336-6064

Phone

Affordability Calculator

$5,633
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,209
Monthly Property Taxes
$424
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$825,000 Listed Price

Map


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5410 W 3rd Place, Lakewood, CO, 80226 is a Multi-Family Home for sale at $825,000 with 3,000 sqft. 5410 W 3rd Place has 8 bedrooms, 4.0 baths, and was built in 1962. The property's zip code is 80226 which is in Lakewood, CO