492 S Owens Street, Lakewood, CO 80226

Lakewood
Local realty services provided by:ERA Shields Real Estate
492 S Owens Street,Lakewood, CO 80226
$575,000
  • 4 Beds
  • 2 Baths
  • 2,373 sq. ft.
  • Single family
  • Active
Listed by: hussein garcia
Office: keller williams realty downtown llc.
MLS#:9954886
Source:ML

Price summary

  • Price:$575,000
  • Price per sq. ft.:$242.31

About this home

Welcome to 490–492 S Owens—an exceptional investment opportunity offering both immediate cash flow and long-term development upside. This well-positioned duplex sits on an expansive 153 x 120 lot, providing a rare combination of current income and future potential in a rapidly evolving area. The property is currently configured as a duplex with strong in-place rents of $1,350 and $2,500 per month, delivering consistent income from day one. Each unit offers functional layouts with solid rental appeal, making this an ideal asset for investors looking to stabilize and hold, or reposition for increased returns. Whether you choose to lightly renovate and raise rents, or fully modernize the units to maximize value, the flexibility here is a major advantage. What truly sets this property apart is the lot size and development potential. With over 18,000 square feet of land, there is a compelling opportunity to explore subdividing the lot and constructing an additional duplex (buyer to verify...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1966
  • Listing ID #:9954886

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:1
  • Basement:Yes
  • Basement Description:Partial, Unfinished
  • Living area:2,373 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1966
  • Building area:2,373 sq. ft.
  • Lot area:0.41 Acres
  • Levels:Tri-Level

Schools

  • High school:Lakewood
  • Middle school:Creighton
  • Elementary school:Belmar

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$242.31
  • Tax amount:$3,619 (2024)

Parking

  • Total parking spaces:5
MLS LogoBased on information submitted to the MLS GRID as of June 17, 2026 11:44 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.

New listings near 492 S Owens Street