1022 S Arbutus St - 1022 S Arbutus 2 Unit Apartment Building Offered at $835,000 at a 6.12% Cap Rate Lakewood, CO 80228

Turnkey, income-producing side-by-side duplex ideally located at the base of Green Mountain Open Space in Lakewood, just a short walk to the Green Mountain Trailhead. This well-maintained property features two 3-bedroom, 2-bath units, each offering a functional layout, single-car garage, and separate backyard. A rare combination that drives long-term tenant demand and retention.
One unit benefits from an expansive upper-level renovation that significantly enhances the living and dining area, adding increased usability. The property has been consistently well cared for, reducing near-term capital expenditure risk.
The duplex is fully occupied with tenants providing immediate cash flow and making it an excellent long-term hold for the savvy investor. The location is a major value driver, with close proximity to outdoor recreation and highly desirable schools, including Green Mountain High School and D’Evelyn High School, ranked the #1 high school in Colorado by U.S. News & World Report.
A strong combination of location, unit mix, condition, and tenant appeal. This is a solid multifamily asset in one of Lakewood’s most sought-after foothill neighborhoods.