"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 One address (TWO ADJOINING PROPERTIES OF EQUAL SIZE currently empty & staged for viewings 5645 is currently rented on a month to month lease & the current renters would like to stay & willing to sign a new lease. They have been excellent tenants for past 3 years & have been maintaining the yard to the highest standard. Each side of the duplex (which are mirror images of each other) feature an open floor plan; open kitchen & dining area, to the living room at the front, South facing so sunlight floods the home. 2 nice sized bedrooms & 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 past 30 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 PRICE REDUCED 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 November 14, 2025
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Source: REcolorado #8533075
Listing Facts
TypeMulti-family
NeighborhoodNorth Alameda
Bedrooms5
Bathrooms2
Days on Prevu182
Taxes$3,357/year
Size1,682 sqft
Price per sqft$446
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
11/14/2025
Price Decreased
$749,990
11/14/2025
Status changed to Active
$750,000
11/01/2025
Status changed to Expired
$750,000
06/11/2025
Listed by Compass - Denver
$750,000
Property Details for 5645 W 5th Avenue 5645 & 5655
Exclusions: Staging items and renters personal possessions
Location
Subdivision Name: LAKEWOOD
Parking
Parking
Attached Garage: Yes
Garage Spaces: 2
Parking Total: 6
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, Natural Gas
Laundry Features: In Basement, In Unit, Multiple Locations
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 5 bedrooms and 2 bathrooms in this multi-family home at 5645 W 5th Avenue 5645 & 5655.
What schools are nearby to 5645 W 5th Avenue 5645 & 5655?
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 2 parking spaces available for 5645 W 5th Avenue 5645 & 5655.
What are the annual taxes for 5645 W 5th Avenue 5645 & 5655?
Annual taxes for this multi-family home are estimated at $3,357.
How does 5645 W 5th Avenue 5645 & 5655 compare to other multi-family homes in North Alameda?
This multi-family home is listed 10% below the average price for multi-family homes in North Alameda and has been on the market for 123 more 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 1,682 sqft.
5645 W 5th Avenue 5645 & 5655 is a 5-bedroom, 2-bath multi-family home for sale in Lakewood CO 80226. On Prevu for 182 days at $749,990. This includes a recent price decrease of $10. This property features 1,682 square feet of living space, located in North Alameda. The median listing price for multi-family homes in this area is $634,500. Nearby schools include Deane Elementary School, Alameda Int'l Middle School, and Alameda Int'l High School. Additional amenities include private outdoor space, dishwasher, parking, and washer/dryer. Browse more multi-family home listings in Lakewood.
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