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.
Listed by Andrew Hicks
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License #28722N
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West Rock Realty, LLC
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303-808-2217
Last updated September 27, 2025
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Source: REcolorado #9991869
Listing Facts
TypeMulti-family
NeighborhoodO'Kane Park
Bedrooms6
Bathrooms6
Days on Prevu26
Taxes$3,413/year
Size3,576 sqft
Price per sqft$204
Amenities
Dishwasher
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
09/26/2025
Listed by West Rock Realty, LLC
$729,500
Property Details for 245 Otis Court
Exterior
Construction
Property Attached: Yes
Roof: Shingle, Membrane
Structure Type: Duplex
Year Built: 1971
Common Walls: 1 Common Wall
Construction Materials: Frame
Measurements
Building Area Total: 3,576
Lot Features: Cul-De-Sac
Lot Size Acres: 0.30
Lot Size Area: 0
Lot Size Square Feet: 13,068
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 6.8
Gross Income: $55,320.00
Operating Expense: $5,283.72
Operating Expense Includes: Insurance, Real Estate Tax
Middle Or Junior School District: Jefferson County R-1
Utilities
Equipment
Heating: Forced Air
Laundry Features: In Unit
Sewer: Public Sewer
Water Source: Public
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