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Brick Duplex with Fenced Yards
New
For Sale
$710,000

27 Newland Ct, Lakewood, CO 80226

CONDOS - Other - Lakewood, CO

Property Size2,086 SF
Lot Size0.30 Acres
Price / SF$340.36
Days on Market2

Property Features for 27 Newland Ct

General Information

Property type Residential
Property subtype Duplex
Zoning R-2
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 1
Parking 2
Interior features Eat-in Kitchen
Fencing Fenced
Appliances No Units Furnished
Subdivision Kohler
Lot features Level, City Limits, Paved, Curbs, Gutters
Elementary school Stein
Middle school Alameda International
High school Alameda International
Elementary school district Jefferson Dist R-1
Middle school district Jefferson Dist R-1
High school district Jefferson Dist R-1
Standard status Active
APN 086116
Size 2,086 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3892

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Wall/Window Unit(s), Window Unit(s)

Amenities

fenced backyards

Building Details

Year built 1963
Floors in Building 1
Number of units 2
Building materials Brick
Roof type Composition
Architectural style Other
Listing Agency: Group Harmony
Listed By: Taylor Dye
Added: Aug 5 Last Checked: Aug 6 at 7:06AM
MLS# 1065779

Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1963, this 2,086-square-foot brick duplex contains two identical residences on a 0.3-acre lot. Each unit includes an eat-in kitchen, three bedrooms, a bathroom, forced-air heating, wall or window cooling units, and a fenced backyard. The property also features a composition roof, public sewer, and natural gas availability, with R-2 zoning.

The duplex is located at 27 Newland Ct in Lakewood, across from O’Kane Park and 1 mile from Belmar Shopping Center. Coors Field is 6.5 miles away. Both tenants have occupied their units for more than 10 years; one recently signed an 18-month lease beginning in October, while the other lease runs through February 2027.

Key Highlights

  • Two identical units totaling 2,086 square feet on a 0.3‑acre lot
  • Brick duplex constructed in 1963 with composition roof
  • Both residences include three bedrooms, an eat‑in kitchen, and a bathroom

Financial Insights For Multifamily LT 5

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 $46.3k $22.20
− Vacancy −$3.0k −$1.44
EGI $43.3k $20.76
− OpEx −$13.0k −$6.23
NOI $30.3k $14.53
2,086 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$433.0K
$378.9K – $505.2K (±1% cap)
NOI $30,309 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$379.0K
$331.6K – $442.2K (±1% cap)
NOI $26,530 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$624.8K
$546.7K – $728.9K (±1% cap)
NOI $43,736 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Daycare Center Barber Shop (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,611
Businesses Nearby

Demographics for 80226, CO

33,142
Population
14,742
Households
2.2
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
4,092
Density / Sq Mi
$78,466
Median Household Income
$44,640
Median Earnings
$1,738
Median Rent
$547,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Matching residences include eat-in kitchens, forced-air heating, and wall or window cooling units.
Where is this duplex located?
The property is located at 27 Newland Ct Lakewood, CO.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Two identical units totaling 2,086 square feet on a 0.3‑acre lot; Brick duplex constructed in 1963 with composition roof; Both residences include three bedrooms, an eat‑in kitchen, and a bathroom
More about this property
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