10750 W 12th Place in Lakewood is a side-by-side, ranch-style 5-unit property that has been 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 the I-70 Corridor.
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.
County: Jefferson
Year Built: 1969
# Buildings: 1
# Stories: 2
# Units: 5
Construction: Brick Masonry
Roof Type: Pitched
Gross Building SF: 5,132
Lot SF: 15,072
Parking: Attached Garage/Driveway
# Parking Spaces: 4+8
Cooling: Wall AC-Units
Heating: Baseboard
Gas/Electric: Individual/Individual
Water/Sewer: Master
Trash: Individual