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1597 Reed StreetLakewood, CO 80214

For Sale

$922,500

Smart Buyer Rebate $9,225

Fully occupied 4-plex investment opportunity. Centrally located in the 40West Arts District in Lakewood, CO. Half mile from the Wadsworth RTD Light rail station.

Listed by Brian Baker

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License #155064236

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Fuller Real Estate Llc

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720-280-4733

Last updated August 06, 2025

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Source: REcolorado #8573758

Listing Facts

  • TypeMulti-family
  • NeighborhoodNortheast Lakewood
  • Bedrooms7
  • Bathrooms4
  • Days on Prevu117
  • Taxes$3,689.18/year
  • Size2,555 sqft
  • Price per sqft$361

Amenities

  • Dishwasher
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

05/12/2025
Listed by Fuller Real Estate Llc
$922,500

Property Details for 1597 Reed Street

Exterior

Construction

  • Property Attached: Yes
  • Roof: Composition
  • Structure Type: Quadruplex
  • Year Built: 1963
  • Common Walls: End Unit, 1 Common Wall, 2+ Common Walls
  • Construction Materials: Frame
  • Entry Level: 1
  • Entry Location: Ground

Features

  • Direction Faces: South
  • Fencing: Partial

Measurements

  • Building Area Total: 2,555
  • Lot Features: Corner Lot, Near Public Transit
  • Lot Size Acres: 0.18
  • Lot Size Area: 0
  • Lot Size Square Feet: 7,840
  • Lot Size Units: Acres

Financial

Residential Income

  • Cap Rate: 5.5

Taxes

  • Parcel Number: 39-354-15-010
  • Tax Annual Amount: $3,689.18
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Flooring: Carpet

Measurements

  • Living Area: 2,555

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7

Other

General

  • Exclusions: Tenants and Owners personal property.

Location

  • Subdivision Name: Reed Street Mini Office Condos

Parking

Parking

  • Parking Features: Asphalt
  • Parking Total: 9

Schools

Elementary School

  • Elementary School: Lumberg
  • Elementary School District: Jefferson County R-1

High School

  • High School: Jefferson
  • High School District: Jefferson County R-1

Middle or Junior School

  • Middle Or Junior School: Jefferson
  • Middle Or Junior School District: Jefferson County R-1

Utilities

Equipment

  • Cooling: Central Air
  • Electric: Single Phase
  • Heating: Electric
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Phone Available
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.