A great opportunity to restore a home built in 1882 with an additional income structure, use them both as income properties, or build out your biggest ideas. The main home has 3 bedrooms with an additional bonus room and 2 Bathrooms. The other home has 2 bedrooms and one bathroom. This is an amazing lot backing to open space and centrally located with easy access to the mountains and downtown. With over an acre lot (1.18 acres) there is tons of space for multiple homes, shop, garage, etc. and room for all of your toys. This lot has endless possibilities for a homeowner or an investor.
For sale
Price cut: $100K (6/19)
$1,180,000
5475 W 1st Avenue, Lakewood, CO 80226
3beds
1,197sqft
Est.:
Single Family Residence
Built in 1882
1.2 Acres Lot
$1,132,300 Zestimate®
$986/sqft
$-- HOA
What's special
Over an acre lot
- 52 days
- on Zillow |
- 303 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: June 19, 2025 at 06:27am
Listed by:
BRENT WILHELMI 720-232-6754 brent.graz@gmail.com,
Brent Dale Wilhelmi
Source: REcolorado,MLS#: 7650804

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Main
Bonus room
- Level: Main
Heating
- Steam
Cooling
- None
Features
- Flooring: Vinyl, Wood
- Basement: Cellar
Interior area
- Total structure area: 1,197
- Total interior livable area: 1,197 sqft
- Finished area above ground: 1,197
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: RV Garage
- Has garage: Yes
- Details: Off Street Spaces: 4
Features
- Levels: One
- Stories: 1
- Exterior features: Garden
- Fencing: Partial
Lot
- Size: 1.2 Acres
- Features: Level
Details
- Parcel number: 063639
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, EIFS
- Foundation: Block
Condition
- Fixer
- Year built: 1882
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Lkwd Terrace-Bayaud-3009
HOA
- Has HOA: No
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $986/sqft
- Tax assessed value: $790,037
- Annual tax amount: $5,169
- Date on market: 5/6/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Exclusions: Renter Personal Property.
- Ownership: Corporation/Trust
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
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