27-29 Newland Court, Lakewood, CO 80226

Lakewood
Local realty services provided by:ERA Shields Real Estate
27-29 Newland Court,Lakewood, CO 80226
$710,000
  • - Beds
  • - Baths
  • 2,086 sq. ft.
  • Multi-family
  • Active
Listed by: taylor dye
Office: group harmony
MLS#:IR1055245
Source:ML

Price summary

  • Price:$710,000
  • Price per sq. ft.:$340.36

About this home

Calling all investors! Here is a rock solid investment opportunity for an excellent duplex in Lakewood CO. Take advantage of a low maintenance duplex with excellent rental history and a tangible asset that is a fantastic hedge against inflation. Currently at a 6.7 cap rate with gross rents of $4,450, tenants pay all utilities. Unit 29 is leased through February 2027, Unit 27 is leased through September 2026. Both tenants are long term tenants and have been there for about a decade! The seller recently replaced all of the plumbing in both units to new PEX plumbing ensuring long term reliability. Fantastic location just 1 mile to Belmar Shopping Center, across from O'Kane Park, only 6.5 miles to Coors Field. Both units have fenced backyards as well. Photos are of unit 29, both units are identical. Please note that tenants require a 48 hour notice for showings.

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Home facts

  • Year built:1963
  • Listing ID #:IR1055245

Rooms and interior

  • Kitchen Description:Dishwasher, Eat-in Kitchen, Oven, Refrigerator
  • Basement:Yes
  • Living area:2,086 sq. ft.

Heating and cooling

  • Cooling:Air Conditioning-Room
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1963
  • Building area:2,086 sq. ft.
  • Lot area:0.3 Acres
  • Construction Materials:Brick
  • Levels:1 Story

Schools

  • High school:Other
  • Middle school:Other
  • Elementary school:Stein

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$710,000
  • Price per sq. ft.:$340.36
  • Tax amount:$3,623 (2024)

Features and amenities

  • Laundry features:Dryer, Washer
MLS LogoBased on information submitted to the MLS GRID as of May 16, 2026 02:24 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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