Lakewood Multifamily Investment Opportunity

5530 W 3rd Pl, Lakewood, CO 80226

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For Sale

$825,000

Workforce housing asset with income growth potential in central Lakewood.

Type:Investment

HighLights

Opportunity to increase income through rent increases to market rates.
Below‑market in‑place rents provide immediate upside potential.
Potential for NOI expansion through interior improvements and lease rollover.
Located in the central Lakewood corridor.
Stable renter demand segment.
Workforce housing asset.

We can help!

Listing Contact

Clayton Primm

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For Sale

$825,000

Workforce housing asset with income growth potential in central Lakewood.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 4:32 pm

Property Features for 5530 W 3rd Pl

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1961

We can help!

Listing Contact

Clayton Primm

Listing agent Clayton Primm License #FA100024161

Listing office Marcus & Millichap - Denver

Listing date Apr 24, 2026

Source Elliman

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 Marcus & Millichap - Denver

HighLights

Opportunity to increase income through rent increases to market rates.
Below‑market in‑place rents provide immediate upside potential.
Potential for NOI expansion through interior improvements and lease rollover.
Located in the central Lakewood corridor.
Stable renter demand segment.
Workforce housing asset.

Overview

Located in central Lakewood, 5530 W 3rd Pl offers investors the opportunity to acquire a workforce housing asset. The property has potential for income growth through below-market in-place rents. Modest interior improvements and natural lease rollover may allow a new owner to achieve NOI expansion, delivering yield growth within a stable renter demand segment. The location has a bike score of 62, indicating it is bikeable, a walk score of 48, indicating car-dependence, and a transit score of 35, indicating some transit options are available.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Lakewood
County: Jefferson
State: Colorado
Longitude: -105.1549966
Latitude: 39.7214751

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For sale
Apartment buildings
CO
Lakewood
80226
5530 W 3rd Pl

What type of property is this?

Apartment building - Workforce housing asset with income growth potential in central Lakewood.

Where is this apartment building located?

The property is located at 5530 W 3rd Pl Lakewood, CO.

What is the asking price?

The asking price for this property is $825,000.

What are key features of this property?

This property features: Opportunity to increase income through rent increases to market rates.; Below‑market in‑place rents provide immediate upside potential.; Potential for NOI expansion through interior improvements and lease rollover.

5530 W 3rd Pl, Lakewood, CO 80226

Workforce housing asset with income growth potential in central Lakewood.

Property Features for 5530 W 3rd Pl

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Lakewood Commercial Property on Colfax

Lakewood Retail Opportunity on Wadsworth

Lakewood Freestanding Building For Sale

Corner Freestanding Building in Lakewood

Applewood Townhomes: Spacious Three-Bedroom Units

Kipling Village Professional Center

Multi-Tenant Asset on Colfax Avenue

Garrison West Office Space

Lakewood Office Space Available

Retail Building in Safeway Center

Dental Office in Lakewood, CO

Lakewood Office Building For Sale

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