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Home » Real Estate » CO » Lakewood » 80226 » 245 Otis Ct, Lakewood, CO, 80226
$849,500

245 Otis Ct, Lakewood, CO, 80226

6 Beds
6 Baths
3,576 Square Feet
Unlock Your Investment Potential with 245-255 Otis Duplex income property. This property currently has one unit occupied at $2,800 a month and the second unit purposely left vacant for a potential owner occupant. With dual income potential, you can live in one unit and rent out the other, or rent both while covering your mortgage and living expenses with ease. Both units feature modern kitchens with stainless steel appliances, contemporary bathrooms, and fresh finishes throughout, making them ideal for comfortable living. Spacious layouts fill each unit with natural light, creating inviting spaces. The duplex also offers privacy, with separate entrances for each unit, ideal for multi-generational living or renting. Located in a vibrant Lakewood neighborhood, you'll have easy access to shopping, dining, and public transportation. The backyard provides the perfect space to relax, entertain, and enjoy summer gatherings. This property qualifies for up to $13,000 in lender credit via the Community Reinvestment Act, see Agent remarks for details. Schedule your showing today and take the first step toward financial freedom with 245-255 Otis!
Offered By
Andrew Hicks ANDYHICKSDENVER@GMAIL.COM,303-808-2217, West Rock Realty, LLC

Property Details

Property Type Residential Income
Status Active
Bedrooms 6
Property Sub Type Income Property
Square Feet 3,576
MLS # 7991142

Market Trends

New Properties On Market
17
467% Increase In New Listings
Average Asking Price
$563,564
$151,931 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$301
$16 Decrease In List Price/Sq. Ft.
Average Days On Market
20
51 Day Decrease In Days On Market
Data as of Feb 24, 2025. Remaining statistics above are calculated on activity within the period from Dec 01, 2024 to Jan 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 2/12/2025 at 12:33 pm