Lakewood, CO 80226 245 Otis Ct

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Presented By: West Rock Realty, LLC; ANDYHICKSDENVER@GMAIL.COM,303-808-2217
  • MLS# 9991869
  • 09/26/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 6
  • SQFT • 3,576
  • Garage • 4

Home Details

Unlock the income potential of this fully occupied duplex in the heart of Lakewood. Both units are leased and feature modern kitchens with stainless steel appliances, updated bathrooms, and fresh finishes, ensuring long-term tenant appeal and low maintenance. Spacious, light-filled layouts and private entrances enhance functionality and rental value. This property offers excellent flexibility-perfect for steady cash flow, multi-generational living, or a combination of personal use and rental income. The backyard adds tenant desirability with space for outdoor enjoyment. Positioned in a strong rental market with convenient access to shopping, dining, and public transportation, this duplex is a turnkey addition to any portfolio. Schedule your showing today and secure 245-255 Otis as your next investment. Pre-qual or proof of funds required prior to scheduling showings since both units are occupied.
Presented By: West Rock Realty, LLC; ANDYHICKSDENVER@GMAIL.COM,303-808-2217

Interior Features for 245 Otis Ct

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths6

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area2462
Air Conditioning Y/NNo
BasementPartially Finished
Below Grade Finished Area1114
Fireplace Y/NNo
Heating Y/NYes

General for 245 Otis Ct

AppliancesDishwasher, Washer, Dryer, Disposal
Attached Garage No
Cap Rate6.80000019
CityLakewood
Construction MaterialsWood/Frame
CountyJefferson
ElectricSeparate Meter Electricity
Elementary SchoolStein
ExclusionsTenant's personal property if any
Garage Spaces4
Garage Y/NYes
Gas Y/NSeparate Meter Gas
Gross Income55320
HOANo
HeatingForced Air
High SchoolAlameda Int'l
High School DistrictJefferson County R-1
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet13068
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolAlameda Int'l
Net Operating Income50036.2813
New ConstructionNo
Number Of Units Total2
Operating Expense5283.7202
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofRubber, Fiberglass
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories Count2
Structure TypeDuplex
Subdivision NameLakewood Terrace
Tax Annual Amount3413
Tax Year2023
Tenant PaysGas, Electricity, Water, Trash Collection
Year Built1971

Exterior for 245 Otis Ct

Building Area Total3576
Covered Spaces4
Horse Y/NNo
Lot FeaturesCul-De-Sac
Lot Size Acres0.3
Lot Size Area13068
SpaNo
Water SourceCity Water
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Stein Elementary School
High School Alameda Int'l High School
Middle School Alameda Int'l Middle School

Jon Holsten

Price $729,500
MLS#9991869
List Date 09/26/2025
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
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