85 Harlan Street, Lakewood, CO 80226 - Photo 1

1/1

$1,507,500

Sold
Closed
Commercial Multi-Family
7,128 Sq. Ft.
12 Parking Spaces

1/1

Property Description

Listed by Altos Realty Advisors, this well-maintained, fully occupied 9-unit property offers consistent cash flow and exceptional upside potential. Featuring a desirable unit mix of 8 two-bedroom, one-bath units and 1 one-bedroom, one-bath unit, the property is priced at a 5.7% CAP rate with a market CAP rate opportunity exceeding 7%, making it a compelling investment in the thriving Lakewood area. Located just minutes from Denver, the property provides easy access to major highways, public transportation, and the RTD light rail. The vibrant neighborhood attracts tenants with its proximity to the Belmar Shopping District, Sloan's Lake, and numerous parks and trails. With increasing rental demand and room for growth, this is a rare opportunity to secure a high-performing asset in a sought-after market. For more information or to schedule a showing, contact Altos Realty Advisors today!

Full Property Details

Full Property Details for 85 Harlan St

General

Sold For: $1,507,500
Taxes: $10,317 (2023)
Status: Closed
Type: Commercial Multi-Family
Source: MetroList_Colorado
MLS ID: 7028479
Added to Site: 402 day(s) ago

Rental Information

Complex Features: Coin Laundry

Additional Information

Security/Safety: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)

Parking

Total Spaces: 12
Parking Features: Asphalt

Location

County: Jefferson
Building Name: Norwood Apartments

Community

Pets Allowed: Yes

Utilities

Gas: Yes
Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected

Structural Information

Architectural Style: Urban Contemporary
Structure Type: Low Rise (1-3)
Construction: Brick, Frame, Stucco
Roof: Membrane
Stories/Levels: 2
Square Feet: 7,128
Current Bldg. Use: Residential
Year Built: 1959

Unit Information

Unit Features: Assigned Parking

Lot Features

Lot Size (Acres): 0.33
Lot Size (Sq. Ft.): 14,280
Frontage: Public
Street/Road Desc.: Paved
Road Maintenance: Public Maintained Road
Lot Features: Sprinklers In Front

Financial Considerations

Operating Expenses: Advertising, Insurance, Maintenance, Personal Property Tax, Professional Management, Utilities
Tax Amount: $10,317
Tax Year: 2023
Terms: Cash, Conventional
Owner Pays: Gas, Trash Collection, Water
Tenant Pays: Electricity, Gas, Trash Collection, Water

Disclosures and Reports

Documents Avail.: Lead Base Paint
Legal Description: SECTION 12 TOWNSHIP 04 RANGE 69 QTR SW SIZE: 14280 VALUE: .328 KEY=115
Exclusions: Tenants personal property
Property ID: 61433

Listed by Altos Realty Advisors, Inc.
Sold by Non Mls Participant

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Listing agents

— 85 Harlan St —

Altos Realty Advisors, Inc.
Altos Realty Advisors, Inc.

chrisk@goaltos.com

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Schools

Schools serving 85 Harlan St

School District:Jefferson County School District R-1

Name	Grades	Distance
Rose Stein International Elementary 80 South Teller Street, Lakewood, CO 80226	PK-6	0.7 mi
Alameda International High School 1255 South Wadsworth Boulevard, Lakewood, CO 80232	7-12	2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

2275 Harlan St, Edgewater, CO 80214 - Photo 1

New to Website

$515,000

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Single Family
Active
Updated 2 days ago

MLS # 3303162

Listed by P.J. Farrell (303) 884-5368

2025 Jay St, Edgewater, CO 80214 - Photo 1

New to Website

$499,000

2025 Jay St Edgewater, CO 80214

Duplex
Active
Updated 3 days ago

2
Beds
1
Total Bath
1,592
Sq. Ft.
MLS # 5787130

Listed by RE/MAX Synergy

2211 Marshall St, Edgewater, CO 80214 - Photo 1

New to Website

$750,000

2211 Marshall St Edgewater, CO 80214

Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
2,128
Sq. Ft.
MLS # 9456546

Listed by eXp Realty, LLC

2428 Ames St, Edgewater, CO 80214 - Photo 1

New to Website

$965,000

2428 Ames St Edgewater, CO 80214

Duplex
Active
Updated 3 days ago

4
Beds
4
Total Baths
2,345
Sq. Ft.
MLS # 6705804

Listed by Compass - Denver

3650 S Federal Blvd, Sheridan, CO 80110 - Photo 1

Price Reduced

-$2,500 (-1.85%)

$132,500

3650 S Federal Blvd Sheridan, CO 80110

Mobile Home
Active
Updated 2 days ago

2
Beds
2
Total Baths
1,024
Sq. Ft.
MLS # 4144797

Listed by Keller Williams Advantage Realty LLC

$915,000

1013 Adams St Denver, CO 80206

Single Family
Active
Updated 10 days ago

3
Beds
2
Total Baths
2,676
Sq. Ft.
MLS # 6133173

Listed by Karie Treter (720) 256-5334

6796 E Exposition Ave, Denver, CO 80224 - Photo 1

Price Reduced

-$10,000 (-1.22%)

$810,000

6796 E Exposition Ave Denver, CO 80224

Single Family
Active
Updated 2 days ago

5
Beds
3
Total Baths
2,798
Sq. Ft.
MLS # 3877267

Listed by The Jarnagin Team (303) 409-1300

475 W 12th Ave, Denver, CO 80204 - Photo 1

Price Reduced

-$10,000 (-1.59%)

$620,000

475 W 12th Ave #7E Denver, CO 80204

Condo
Active
Updated 48 minutes ago

2
Beds
2
Total Baths
1,612
Sq. Ft.
MLS # 2517382

Listed by The Jarnagin Team (303) 409-1300

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Sold

$1,555,000

206 S Pierce St Lakewood, CO 80226

Commercial Multi-Family
Closed

6,600
Sq. Ft.
7
Parking Spaces
MLS # 5038511

Listed by Lrei
Sold by Summit Realty Partners

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Sold

$1,525,000

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Single Family
Closed

4
Beds
4
Total Baths
2,771
Sq. Ft.
MLS # 9658351

Listed by eXp Realty, LLC
Sold by Painted Door Properties LLC

2030 Fenton St, Edgewater, CO 80214 - Photo 1

Sold

$1,555,000

2030 Fenton St Edgewater, CO 80214

Single Family
Closed

4
Beds
4
Total Baths
2,903
Sq. Ft.
MLS # 7792364

Listed by eXp Realty, LLC
Sold by Compass - Denver

2540 Jay St, Edgewater, CO 80214 - Photo 1

Sold

$1,475,000

2540 Jay St Edgewater, CO 80214

Single Family
Closed

5
Beds
4
Total Baths
2,923
Sq. Ft.
MLS # 4869008

Listed by Compass - Denver
Sold by Urban Luxe Real Estate

85 Harlan Street, Lakewood, CO 80226 (MLS# 7028479) is a Commercial Multi-Family property that was sold at $1,507,500 on April 24, 2025. Want to learn more about 85 Harlan Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Lakewood? You can browse all Lakewood real estate or contact a Coldwell Banker agent to request more information.

85 Harlan St Lakewood, CO 80226