10750 W 12th Place

Lakewood, CO 80215

10750 W 12th Place in Lakewood is a side-by-side, ranch-style 5-unit property owned by the same family for 51 years. The layout feels more like townhomes than apartments, offering each resident a private entry, backyard, and greater sense of privacy. The quiet residential location in the Eiber Neighborhood is just a few blocks from both Oak Street Station and Sunset Park, while being 15 minutes from both Downtown Denver and I-70. Tenants pay for their own gas, electricity, and trash, limiting owner expenses to just property taxes, insurance, water/sewer, and general maintenance. A zeroscaped front yard further reduces water and landscaping needs, keeping operating costs low. Rents remain below market due to long-term ownership and tenancy, with all residents on month-to-month leases. The property presents clear upside through rent increases, monetizing the four garages, and completing Unit 5’s third bedroom. With its low-maintenance setup and desirable Lakewood location, the property offers investors a clear and straightforward value-add opportunity. 10750 W 12th Pl may also be acquired with the duplex across the street at 10685–10695 W 12th Pl. PROPERTY HIGHLIGHTS • Single ownership for 51 years provides stability and signals untapped upside with longterm tenants on below-market leases • Side-by-side ranch lives like townhomes, giving tenants private entrances and backyards • Tenants directly pay for gas, electric, and trash, keeping owner expenses light • Great unit mix of 2 & 3 bedroom units • Immediate value-add: below-market rents, four rentable garages, and the option to finish Unit 5’s third bedroom • Can be purchased along with duplex across the street at 10685-95 W 12th Pl UNIT AMENITIES • Spacious units - two bookend units live like townhomes • Each unit has its own private, dedicated backyard space • Zeroscaped front yard for year-round low maintenance • New roof installed in 2024 • Four of five units have its own garage

Listing courtesy of Kaufman Hagan [email protected]



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than Kaufman Hagan are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.