See all 5 photos
$800,000
Est. payment /mo
8 Beds
4 Baths
3,000 SqFt
Active
5530 W 3rd PL Lakewood, CO 80226
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $266
Subdivision 754800 Tittes
MLS Listing ID 8194077
Bedrooms 8
HOA Y/N No
Year Built 1961
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Quadruplex
Property Description
5530 W 3rd Pl presents investors with the opportunity to acquire a well-located workforce housing asset in the central Lakewood corridor with a clear path to income growth through below-market in-place rents. With rents materially below renovated comparable properties, a new owner can achieve meaningful NOI expansion through modest interior improvements and natural lease rollover, delivering early yield growth within a stable renter demand segment.
Location
State CO
County Jefferson
Interior
Heating Forced Air
Cooling Other
Exterior
Roof Type Unknown
Private Pool No
Building
Story One
Sewer Public Sewer
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 073468
Special Listing Condition None Known

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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.
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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.