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539 Gray CourtDenver, CO 80226

For Sale

$825,000

Smart Buyer Rebate $8,250

Incredible potential in a highly sought-after Lakewood neighborhood! This 11-bed, 6-bath duplex (converted into a 4-plex) is a fantastic canvas waiting for your personal touch. Featuring a solid floor plan, a generous lot, and an unbeatable location just minutes from Belmar, O'Kane Park, and major transit routes. All 4 units are fully rented with high income. Whether you are looking for your next project or a great home to build equity, 539-549 Gray St is an opportunity you don't want to miss.

Listed by Nam Tran

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License #21355N

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Signature Real Estate Corp.

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720-261-5327

Last updated July 10, 2026

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Source: REcolorado #6460571

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Alameda
  • Bedrooms6
  • Bathrooms6
  • Days on Prevu23
  • Taxes$4,951/year
  • Size4,104 sqft
  • Price per sqft$201

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/09/2026
Listed by Signature Real Estate Corp.
$825,000

Property Details for 539 Gray Court

Exterior

Construction

  • Roof: Shingle
  • Structure Type: Duplex
  • Year Built: 1963
  • Construction Materials: Frame
  • Exterior Features: Private Yard

Features

  • Fencing: Full

Measurements

  • Building Area Total: 4,104
  • Lot Size Acres: 0.29
  • Lot Size Area: 12,807
  • Lot Size Square Feet: 12,807
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.3
  • Gross Income: $71,400.00
  • Operating Expense: $10,439.58
  • Operating Expense Includes: Insurance, Other, Utilities

Taxes

  • Parcel Number: 063276
  • Tax Annual Amount: $4,951.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Range Hood, Refrigerator
  • Flooring: Laminate
  • Interior Features: Laminate Counters

Measurements

  • Living Area: 4,104

Rooms

  • Basement: Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 6

Other

General

  • Exclusions: Tenant's personal belongings

Location

  • Subdivision Name: Birdsell

Parking

Parking

  • Parking Total: 14

Schools

Elementary School

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

High School

  • High School: Alameda Int'l
  • High School District: Jefferson County R-1

Middle or Junior School

  • Middle Or Junior School: Alameda Int'l
  • Middle Or Junior School District: Jefferson County R-1

Utilities

Equipment

  • Cooling: Evaporative Cooling
  • Heating: Baseboard
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 6 bathrooms in this multi-family home at 539 Gray Court.

What schools are nearby to 539 Gray Court?

Nearby schools include the Deane Elementary School, Alameda Int'l Middle School, and Alameda Int'l High School.

Does this multi-family home have parking?

Yes, there are 14 parking spaces available for 539 Gray Court.

What are the annual taxes for 539 Gray Court?

Annual taxes for this multi-family home are estimated at $4,951.

How does 539 Gray Court compare to other multi-family homes in North Alameda?

This multi-family home is listed 13% above the average price for multi-family homes in North Alameda and has been on the market for 52 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,104 sqft.

539 Gray Court is a 6-bedroom, 6-bath multi-family home for sale in Denver CO 80226. Available on Prevu for 23 days at $825,000. This residence features 4,104 square feet of living space, located in North Alameda. The median listing price for multi-family homes in this area is $550,000. Nearby schools include Deane Elementary School, Alameda Int'l Middle School, and Alameda Int'l High School. The home offers parking. 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.