10791 W 13th Ave Lakewood, CO 80215
Fully renovated Lakewood multifamily features condo-quality interiors, central air, and in-unit washers and dryers.
Property Features for 10791 W 13th Ave
General Information
- Standard status
- Active
- Size
- 2,850 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1959
Listing office Marcus & Millichap - Denver
Listing date Jun 15, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
The property includes dedicated yard space for residents, an amenity rarely found in comparable multifamily offerings. It is positioned near the Oak Station Light Rail stop, providing convenient access to Downtown Denver, Golden, and the Rocky Mountains. This combination of commuter access and nearby recreation supports tenant convenience for everyday life.
For buyers seeking a turn-key residential income asset, the combination of premium interior updates, minimal deferred maintenance items noted in the remarks, and practical utility metering provides a strong basis for efficient operations. The in-unit laundry and climate control improve day-to-day livability, while the resident yard space adds a differentiated feature compared with many similar rentals. Overall, the property presents a straightforward, renovated multifamily option in the Lakewood rental market.
Key Highlights
- Fully renovated multifamily built in 1959 with condo‑quality finishes throughout
- Quartz countertops, stainless steel appliances, and modern cabinetry in the units
- Central air conditioning plus full‑size in‑unit washers and dryers
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.1k | $24.60 |
| − Vacancy | −$4.2k | −$1.48 |
| EGI | $65.9k | $23.12 |
| − OpEx | −$29.7k | −$10.41 |
| NOI | $36.2k | $12.72 |
