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Lakewood Multifamily Property with Units

5457 W 4th Avenue Lakewood, CO 80226

5457 W 4th Avenue, Lakewood, CO, 80226
$4,120,000
For Sale
Claim this Listing
$4,120,000

20-unit multifamily property located in Lakewood, Colorado.

Property Size20,315 SF
Price / SF$202.81
AddedNov 21, 2025
Days on Market236
Last RefreshMay 19 at 10:32 pm

Property Features for 5457 W 4th Avenue

General Information

Standard status
Active
Size
20,315 SF
Property subtype
Multifamily

Listing office Pinnacle Real Estate Advisors

Listing date Nov 21, 2025

Source Pinnaclerea

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Advisors


Investment Insights

Based on property information with market context.

This multifamily property is located in Lakewood, Colorado, near West 4th Avenue and Sheridan Boulevard. The property contains 20 units and has a total size of 20,315 square feet.

Key Highlights

  • Just Sold
  • 20 Units
  • Located in Lakewood, CO

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 $499.7k $24.60
− Vacancy −$30.0k −$1.48
EGI $469.8k $23.12
− OpEx −$211.4k −$10.41
NOI $258.4k $12.72
20,315 SF · lease $24.60/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$3.69M
$3.23M – $4.31M (±1% cap)
NOI $258,370 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.08M
$5.32M – $7.10M (±1% cap)
NOI $425,932 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Plumbing Service Grocery & Convenience Store Locksmith Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 20-unit multifamily property located in Lakewood, Colorado.
Where is this apartment building located?
The property is located at 5457 W 4th Avenue Lakewood, CO.
What is the asking price?
The asking price for this property is $4,120,000.
What are key features of this property?
This property features: Just Sold; 20 Units; Located in Lakewood, CO
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More about this property
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