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Investment Highlights

  • 2 Completely separate units, 2 fenced yards, 2 Attached 1 car garages
  • Desirable Area, close to commuting, shopping, mountains, down town.

Executive Summary

Exceptional investment opportunity in a high-demand Lakewood location! This side-by-side duplex at 12473 & 12483 W 8th Ave offers strong income-producing potential with multiple investment strategies, including traditional rentals, owner-occupancy with rental income, or multi-generational living.
Designed for maximum tenant appeal, each unit features a private entrance, attached garage, dedicated parking, private fenced yard with deck, separate swamp cooler, and independent living spaces. With the garages positioned between the units, there are no shared living-space walls—an attractive feature for both tenants and owner-occupants seeking added privacy.
The property offers two distinct floor plans, broadening its rental appeal. One unit features a ranch-style layout with 4 bedrooms, 2 bathrooms, a finished basement, second living area, and laundry. The second unit offers a spacious bi-level design with 3 bedrooms, 2 bathrooms, two living areas, a fireplace, laundry room, and extended garage storage.
Located near major employment centers including the Federal Center, St. Anthony Hospital, Denver West, and Colorado Mills, with convenient access to I-70, 6th Avenue, and West Colfax, this property benefits from strong rental demand and excellent commuter accessibility. Nearby shopping, dining, recreation, and transit options further enhance tenant retention and long-term appreciation potential.
Whether you're seeking a turnkey addition to your portfolio, a house-hacking opportunity, or a versatile income-generating asset in a proven rental market, this duplex offers flexibility, stability, and long-term upside.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $102,306 $27.85
Other Income - -
Vacancy Loss - -
Effective Gross Income $102,306 $27.85
Taxes $5,226 $1.42
Operating Expenses $4,263 $1.16
Total Expenses $9,489 $2.58
Net Operating Income $92,817 $25.26

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $102,306
Annual Per SF $27.85
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $102,306
Annual Per SF $27.85
Taxes (CAD)
Annual $5,226
Annual Per SF $1.42
Operating Expenses (CAD)
Annual $4,263
Annual Per SF $1.16
Total Expenses (CAD)
Annual $9,489
Annual Per SF $2.58
Net Operating Income (CAD)
Annual $92,817
Annual Per SF $25.26

Property Facts

Price $1,300,133 CAD
Price Per Unit $650,066 CAD
Sale Type Investment
Cap Rate 7.11%
No. Units 2
Property Type Multifamily
Apartment Style Single-Family Home
Lot Size 0.29 AC
Building Size 3,674 SF
No. Stories 2
Year Built 1971

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer Hookup
  • Eat-in Kitchen
  • Refrigerator
  • Range
  • Carpet
  • Yard
  • Basement
  • Deck
  • Family Room
  • Porch
  • Vinyl Flooring
  • Workshop
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
49-053-05-016
Land Assessment
$22,034 CAD (2025)
Improvements Assessment
$36,334 CAD (2025)
Total Assessment
$58,368 CAD (2025)
Annual Taxes
$5,226 CAD ($1.42 CAD/SF)
Tax Year
2026
  • Listing ID: 41029991

  • Date on Market: 2026-06-23

  • Last Updated:

  • Address: 12483 W 8th Ave, Golden, CO 80401

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