Homes for sale - 206 S Pierce ST, Lakewood, CO 80226

$1,555,000

$1,650,000 5.8%

Est. payment - /mo

6,600 SqFt

UPDATED:

Key Details

Sold Price $1,555,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,600 sqft

Price per Sqft $235

MLS Listing ID 5038511

Sold Date 09/12/25

HOA Y/N No

Year Built 1962

Annual Tax Amount $8,362

Tax Year 2024

Lot Size 0.345 Acres

Acres 0.35

Property Sub-Type Multi Family

Source recolorado

Property Description

Introducing CEDAR ARMS, a charming 7-unit apartment community nestled at 206 S Pierce Street in Lakewood, CO. This property, featuring 2-bedroom, 1-bath units of around 900 sqft each, offers a lucrative investment opportunity with modern amenities and recent renovations. The exterior boasts low-maintenance brick construction with a new roof, while interiors showcase updated kitchens with newer appliances, LVP flooring, and more. Residents enjoy ample closet space, a well-maintained laundry facility, and abundant parking on the premises. Conveniently located just five miles west of downtown Denver and a mile east of Belmar Redevelopment, Cedar Arms is an ideal fit for hands-on owners looking for great returns. With a solid rent schedule and a prime location near shopping districts, this property stands out as a promising prospect in Lakewood's real estate market.

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Exterior Feature Balcony

Total Parking Spaces 7

Garage No

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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Listed by LREI
Bought with Summit Realty Partners

Q U I C K S E A R C H

206 S Pierce ST Lakewood, CO 80226