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Home » Real Estate » CO » Lakewood » 80226 » 5645 W 5th Ave, #5645 & 5655, Lakewood, CO, 80226
$745,000

5645 W 5th Ave, #5645 & 5655, Lakewood, CO, 80226

6 Beds
2 Baths
3,364 Square Feet
New price! "CALLING OUT" TO ALL LANDLORDS & INVESTORS. PRICE REDUCED to encourage an offer and a speedy closing. Sellers are motivated and eager to move on.... but not interested in a low ball offer. They have rejected multiple contracts in the past year that were not realistic. Amazing opportunity to own BOTH SIDES of a "VERY RENTABLE LAKEWOOD DUPLEX" which has been a hugely successful income stream for the past 2 decades. 5655 W 5th AVE One address (TWO ADJOINING PROPERTIES OF EQUAL SIZE currently empty & staged for viewing 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 $500K so the asking price for BOTH sides under $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 & 6th Ave Parkway. Parking is Plentiful w/each unit's attached one car garage.+ two additional driveway spaces & parking for 2 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!
Offered By
Paul Bishop, Compass - Denver

Property Details

Property Type Residential Income
Status Active
Bedrooms 6
Property Sub Type Duplex
Square Feet 3,364
MLS # 8533075

Market Trends

New Properties On Market
11
15% Decrease In New Listings
Average Asking Price
$641,300
$10,647 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$414
$43 Increase In List Price/Sq. Ft.
Average Days On Market
12
27 Day Decrease In Days On Market
Data as of Mar 14, 2026. Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.