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5645 W 5th Avenue 5645 & 5655Lakewood, CO 80226

For Sale

$750,000

Smart Buyer Rebate $7,500

"CALLING OUT" TO ALL LANDLORDS & INVESTORS. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past two decades. 5655 W 5th AVE is currently empty & staged for viewings 5645 is currently rented on a month to month lease & the current renters would like to stay if the buyers is willing to create a new lease & keep them on. They have been excellent tenants for the past 3 years & have been maintaining the yard to the highest of standards. Each side of the duplex (which are mirror images of each other) feature an open floor plan; the kitchen, through to the dining area, to the living room at the front, South facing so floods the home w/natural sun light. 2 nice sized bedrooms and a full bath complete the main level. Freshly painted with all appliances included. Both sides are in excellent condition & have been meticulously cared for over the years by the current owners. Each unit boasts their own A/C systems & sump pumps. In 5645 the owners have added 2 additional non-conforming, but very usable bedrooms, to the partially finished basement. Each bsmnt offers up
over 800 sqft a piece w/tons of potential for further build out & increased income stream. Currently they house laundry, a huge amount of flex space. In the past few years single sides of these Lakewood duplexes (their are many of them in the area) have sold for over $500 K so the asking price for BOTH sides @ $750K is arguably a screaming deal. Live in one rent out the other or start your rental portfolio off with a bang. Easy access to the mountains & Downtown Denver via Sheridan and 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for two more vehicles in the "street bays" directly in front of the units. NOTE:5th AVE is nicely buffered by the office retail buildings & open space to the North. HURRY! Opportunity knocks.......experience & vision opens the door!

Listed by Paul Bishop

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License #014198

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Compass - Denver

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303-536-1786

Last updated August 06, 2025

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Source: REcolorado #8533075

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Alameda
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu87
  • Taxes$3,357/year
  • Size1,682 sqft
  • Price per sqft$446

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

06/11/2025
Listed by Compass - Denver
$750,000

Property Details for 5645 W 5th Avenue 5645 & 5655

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Structure Type: Duplex
  • Year Built: 1965
  • Architectural Style: Mid-Century Modern
  • Common Walls: 1 Common Wall
  • Construction Materials: Brick
  • Exterior Features: Garden, Private Yard, Rain Gutters

Features

  • Direction Faces: South
  • Fencing: Full
  • Patio And Porch Features: Front Porch, Patio

Measurements

  • Building Area Total: 3,364
  • Lot Features: Near Public Transit
  • Lot Size Acres: 0.27
  • Lot Size Area: 11,848
  • Lot Size Square Feet: 11,848
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 063401
  • Tax Annual Amount: $3,357.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Sump Pump, Washer
  • Flooring: Carpet, Vinyl
  • Interior Features: Open Floorplan, Smoke Free

Measurements

  • Living Area: 1,682

Rooms

  • Has Basement: Yes
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4

Other

General

  • Exclusions: Staging items and renters personal possessions

Location

  • Subdivision Name: LAKEWOOD

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Parking Total: 2

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
  • Electric: 220 Volts
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
  • Water Source: Public

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.