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27-29 Newland CourtLakewood, CO 80226

For Sale

$710,000

Smart Buyer Rebate $7,100

Calling all investors! Here is a rock solid investment opportunity for an excellent duplex in Lakewood CO. Take advantage of a low maintenance duplex with excellent rental history and a tangible asset that is a fantastic hedge against inflation. Currently at a 6.7 cap rate with gross rents of $4,450, tenants pay all utilities. Unit 29 is leased through February 2027, Unit 27 is leased through September 2026. Both tenants are long term tenants and have been there for about a decade! The seller recently replaced all of the plumbing in both units to new PEX plumbing ensuring long term reliability. Fantastic location just 1 mile to Belmar Shopping Center, across from O'Kane Park, only 6.5 miles to Coors Field. Both units have fenced backyards as well. Photos are of unit 29, both units are identical. Please note that tenants require a 48 hour notice for showings.

Listed by Taylor Dye

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License #IRP31224

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Group Harmony

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970-691-5690

Last updated April 01, 2026

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Source: REcolorado #IR1055245

Listing Facts

  • TypeMulti-family
  • NeighborhoodO'Kane Park
  • Days on Prevu31
  • Taxes$3,623/year

Amenities

  • Dishwasher
  • Washer/Dryer

Location

Mortgage Calculator

Listing History

03/31/2026
Listed by Group Harmony
$710,000

Property Details for 27-29 Newland Court

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Roof: Composition
  • Year Built: 1963
  • Construction Materials: Brick

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 2,086
  • Lot Size Acres: 0.30
  • Lot Size Square Feet: 12,981

Financial

Residential Income

  • Cap Rate: 6.71
  • Gross Income: $4,450.00
  • Operating Expense: $5,729.00

Taxes

  • Parcel Number: 086116
  • Tax Annual Amount: $3,623.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Features: Eat-in Kitchen

Other

General

  • Exclusions: tenant property

Location

  • Subdivision Name: Kohler

Schools

Elementary School

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

High School

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

Middle or Junior School

  • Middle Or Junior School: Other

Utilities

Equipment

  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 27-29 Newland Court.

What schools are nearby to 27-29 Newland Court?

Nearby schools include the Stein Elementary School, Other Middle School, and Other High School.

What are the annual taxes for 27-29 Newland Court?

Annual taxes for this multi-family home are estimated at $3,623.

How does 27-29 Newland Court compare to other multi-family homes in O'Kane Park?

This multi-family home is listed 16% below the average price for multi-family homes in O'Kane Park and has been on the market for 22 less days than the typical home in this area.

27-29 Newland Court is a -bedroom multi-family home for sale in Lakewood CO 80226. On Prevu for 31 days at $710,000. This residence is located in Lakewood. The median listing price for multi-family homes in this area is $759,000. Nearby schools include Stein Elementary School, Other Middle School, and Other High School. The home offers dishwasher and washer/dryer. Explore more multi-family home listings in Lakewood.

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 Prevu 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.

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.