7120 W 16th PL Lakewood, CO 80214

UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,850 sqft
Price per Sqft $307
Subdivision Grand View Acres
MLS Listing ID 4082967
Style Contemporary
Bedrooms 8
HOA Y/N No
Year Built 1954
Lot Size 0.289 Acres
Acres 0.29
Property Sub-Type Quadruplex
Property Description
All four units were updated in 2026, including new carpet, vinyl flooring, and fresh paint in three units, plus a full renovation in one unit featuring a new kitchen, new bathroom, new stainless steel appliances, vinyl flooring, carpet, lighting, and paint. A new water heater was also installed in 2025. With significant recent improvements already completed, the property offers an attractive low-maintenance opportunity with minimal near-term capital expenditures needed.
Additional features include a spacious fenced in yard, two private one-car garages and dedicated off-street parking for the remaining two units.
Located in sought-after Grand View Acres, the property offers convenient access to parks, trails, shopping, dining, and other everyday amenities in Lakewood and nearby Denver. This rare investment opportunity with durable interiors, strong tenant appeal, and stable income will go fast!
Location
State CO
County Jefferson
Zoning MGU
Rooms
Basement Bath/Stubbed, Daylight, Exterior Entry, Finished, Walk-Out Access
Interior
Interior Features Laminate Counters, No Stairs
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Tile, Vinyl
Appliance Dishwasher, Disposal, Dryer, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven
Laundry Common Area, In Basement
Exterior
Exterior Feature Private Yard
Parking Features Attached, Garage
Garage Spaces 2.0
Fence Full
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Waterfront Description Public
Roof Type Shingle
Porch Covered, Deck, Front Porch
Private Pool No
Building
Story Multi/Split
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Schools
School District Elementary: Jefferson County R-1, Middle/Junior: Jefferson County R-1, High: Jefferson County R-1
Others
Senior Community No
Tax ID 052371
Special Listing Condition None Known

6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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Travis Hightower is an exceptional real estate professional. I worked with him on the sale of my condo, and his professionalism, initiative, and attention to detail were outstanding from beginning to end. Travis took ownership of the entire process. He coordinated the contractors, got the property market-ready quickly, and produced a listing that stood well above the competition. The photography and presentation were first-class. He even took the initiative to meet with the HOA to better understand the property's finances, future plans, and implications for residents. The results spoke for themselves. Despite listing in December, we were under contract within a week and closed in less than a month. We also achieved an excellent price, particularly considering a condo one building over sold for approximately 11% less just a few months later. I was traveling internationally during much of the process, but Travis and his team made everything straightforward. Communication was consistently clear, responsiveness was excellent, and the closing team was equally professional and reasonable in its fees. Real estate is clearly more than a profession to Travis. He lives and breathes it, and that commitment shows in the quality of his work, the people he surrounds himself with, and the results he delivers. Beyond his professionalism, Travis is genuinely warm, personable, and a pleasure to work with. He has a way of making you feel at ease and that you're in good hands. I couldn't be happier with the experience and would recommend Travis without hesitation.