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541 S Sheridan BoulevardLakewood, CO 80226

For Sale

$1,225,000

Smart Buyer Rebate $12,250

NO WEEKEND SHOWINGS. 24+ Hours Notice Required to Arrange Tour.


• Renovated 4-Plex on Large 0.49 Acre Lot
• 7.56% Current CAP Rate!
• (4) Large Garages Provide Additional Income
• All Large 2Bd & 3Bd Units
• Rare Asset Built Between 1980-1994
• Just 1.76% Historical Vacancy!
• Furnaces, Hot Water Heaters, Washer/Dryer Hookups & Swamp Coolers Dedicated to Each Unit
• Garage/Workshops Each Have 100 Amp Electric Service & Heat
• Only $212/SF
• 2 Miles to Sheridan Light Rail Station & Belmar Shopping Center

Listed by Connor Knutson

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License #052573

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Pinnacle Real Estate Advisors

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303-962-9567

Last updated October 15, 2025

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Source: REcolorado #1524086

Listing Facts

  • TypeMulti-family
  • NeighborhoodMartindale
  • Bedrooms10
  • Bathrooms8
  • Days on Prevu8
  • Taxes$4,342/year
  • Size5,759 sqft
  • Price per sqft$213

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

10/15/2025
Listed by Pinnacle Real Estate Advisors
$1,225,000

Property Details for 541 S Sheridan Boulevard

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Structure Type: Quadruplex
  • Year Built: 1948
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame

Features

  • Patio And Porch Features: Covered, Front Porch

Measurements

  • Building Area Total: 5,759
  • Lot Size Acres: 0.49
  • Lot Size Area: 0
  • Lot Size Square Feet: 21,344
  • Lot Size Units: Acres

Financial

Residential Income

  • Cap Rate: 7.56
  • Gross Income: $121,361.00
  • Operating Expense: $28,772.00
  • Operating Expense Includes: Insurance, Maintenance, Professional Management, Real Estate Tax, Utilities

Taxes

  • Parcel Number: 060265
  • Tax Annual Amount: $4,342.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Double Oven, Microwave, Oven, Range, Refrigerator
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 5,759

Rooms

  • Bathrooms Total Integer: 8
  • Bedrooms Total: 10

Other

General

  • Exclusions: Tenant Possessions

Location

  • Subdivision Name: 613000 PORTER & ANTHONY

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 6
  • Parking Total: 10

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: Forced Air
  • Sewer: Public Sewer

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.