1950 Independence Street Lakewood, CO ^$ 640,000

1950 Independence Street

^$ 640,000

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1950 Independence Street

Lakewood, CO, 80215

^$ 640,000

Bedrooms4 Baths3.0 Sq 2,362

Monthly Estimate*

^$ 4,420

Listed by Urban Companies

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View a Virtual Tour

Multi-Family Home for sale in Lakewood, CO

for $640,000 with 4 bedrooms and 3 full baths. This 2,362 square foot home was built in 1960 on a lot size of 0.29.

MUST WATCH VIDEO VOICEOVER WALKING TOUR! Click the Virtual Tour link or search the property address on YouTube to watch the full tour! Great investment opportunity with this classic 1960 brick ranch-style duplex offering two spacious units, each with its own garage space in the shared two-car garage. One unit features 3 bedrooms, 2 bathrooms and a basement, while the second unit offers 2 bedrooms and 1 bathroom. Both units feature functional kitchens, reasonably maintained bathrooms and tremendous potential with some cosmetic updating. New flooring is needed in portions of the property, making this an excellent opportunity to add value through improvements. Recent exterior upgrades include a brand-new concrete driveway and new front walkways. Attractive brick construction, gas hot water heat and separate water heaters for each unit, installed in 2019 and 2020. The heating boiler may need servicing or replacement. Based on preliminary rental research, potential rents are estimated at approximately $2,000 to $2,500 per unit monthly, depending on unit size, condition and improvements. Buyers should independently verify rental potential and property condition. A wonderful opportunity to own a classic duplex with strong income potential and room to build equity through thoughtful improvements. Property is being sold by the Jefferson County Deputy Public Administrator.

Multi-Family Coming Soon

Price

^$ 640,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,708

Style

Traditional

Lot Size

0.29

Year Built

1960

Town/City

Lakewood

County/Region

Jefferson

MLS | Web ID

4215825

Features

General

Living Area 2362

Sewer Public Sewer

Heating Forced Air Natural Gas

Cooling Evaporative Cooling

Utilities Electricity Connected Natural Gas Connected Phone Available

Roof Composition

Appliances Dishwasher Disposal Dryer Oven Range Range Hood Refrigerator Washer

Garage Spaces 2

Patio/Porch Features Patio

Architectural Style Traditional

Construction Materials Brick

Year Built 1960

Electric 110V 220 Volts

Levels One

Property Subtype Duplex

Parcel Number 050994

County Jefferson

Property Type Residential Income

HOA N

Attached Garage Y

Subdivision Name Lorraine

Directions 20th & Kipling go east and turn right on Independence St property on your left

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 12632

Carport Spaces 0

Elementary School Slater

Property Attached Y/N N

Tax Annual Amount 7708

Middle/Junior High School Creighton

Virtual Tour https://youtu.be/MnKiwGDLsZ4?si=hLk54z0asZhHnLH8

Standard Status Coming Soon

Middle/Junior School District Jefferson County R-1

Elementary School District Jefferson County R-1

Freehold IDX

Interior

Interior Amenities Laminate Counters

Basement Finished

Flooring Carpet

Laundry Features In Basement Main Level

Total Bedrooms 4

Total Baths 3

Exterior

Fencing Full

Parking Features Concrete

Lot Features Level

Water Source Public

Lot Size Area 12632

Foundation Details Concrete Perimeter Slab

Lot Size Acres 0.29

* Excluded Features

List By

Urban Companies

Broker

Jim@HomeReferralTeam.Net,303-588-7000

Contact

Affordability Calculator

$5,063

Per Month

Monthly Principal & Interest: $4,420
Monthly Property Taxes: $642
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Multi-family listings in Lakewood, CO

Average List Price ^$761,026

Percent of Sale Price 19%

About Lakewood, CO

152,484 Population

6% Since 2002

^$60,521 Median Income

40.2 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3042955 Elementary School

1955822 Middle School

Lakewood High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/24/2026	$640,000		Listed Price

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1950 Independence Street, Lakewood, CO, 80215 is a Multi-Family Home for sale at $640,000 with 2,362 sqft and a lot size of 0.29. 1950 Independence Street has 4 bedrooms, 3.0 baths, and was built in 1960. The property's zip code is 80215 which is in Lakewood, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/25/2026.

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PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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1950 Independence Street

Multi-Family Home for sale in Lakewood, CO

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