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863 Fenton Street
Lakewood, CO 80214
4 days ago
REDUCED
$749,900
Active
6
Beds
4
Baths
3,456
Sqft
0.25
Acres
1922
Yr. Built
MLS# 4701852
Cumulative Days on Market: 23 · Includes prior listings · Currently listed since 09/15/26 · Data provided by the MLS.

Property Description

* * Attention Investors * * Own two detached single-family homes on one spacious corner lot. That is $375, 000 per detached home! Wow! While referred to as a "duplex", this unique property features two fully independent residences connected only by a shared portico / carport and must be sold together. Each home offers 4 bedrooms (1 non-conforming) and 2 bathrooms, delivering exceptional flexibility for investors, extended families, or owner-occupants seeking dual living arrangements. Live in one home and rent the other, providing an opportunity to offset ownership costs while maintaining privacy and independence. Investors can enjoy the benefits of a duplex-type property with two detached rental residences on one parcel. The larger residence features beautiful hardwood floors, a generous kitchen, fresh paint, throughout and an expansive, finished, basement with high ceilings offering additional living, recreation, office, or storage space. The smaller of the two homes is a cozy, fully renovated 4 bedroom (1 non-conforming), 2 bath residence updated in 2022 with new cabinets, countertops, appliances, flooring, and fresh interior paint. Both homes have finished basements, adding valuable flexibility and usable space. Both residences are in good condition with strong rental appeal and quality finishes. Each home has separate water, electric, and gas meters, making utility management straightforward for leasing or separate occupancy. The generous corner lot may offer additional upside, including the potential to build a detached garage, ADU or explore the possibility of working with the City of Lakewood and / or Jefferson County to split / subdivide the lot into two separate parcels. Buyer to verify all possibilities with the City of Lakewood! A rare opportunity to own two detached homes on one parcel with strong income potential, multi-generational flexibility, and future value-enhancement possibilities. Don't miss this one!!

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Property Highlights

Property Type
Residential Income
Property Sub Type
Duplex
Architectural Style
Bungalow, Traditional
Bedrooms
6
Total Bathrooms
4
Living Area
3,231
Price / Sqft
$232
Acres
0.25
Year Built
1922
Condition
Updated/Remodeled

Location

City/Township
Lakewood
Subdivision
Molholm Two Creeks
County
Jefferson

Property Details

Price
$749,900
Condition
Updated/Remodeled
Property Type
Residential Income
Property Sub Type
Duplex

Building

Structure Type
Duplex
Levels
One
Total Area
3,456

Community

Local Schools

Elementary School
Lumberg
Middle School
Jefferson
High School
Jefferson
School District
Jefferson County R-1

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
4
Bedrooms
6

Rooms and Basement

Has Basement
Yes
Basement Features
Finished, Full, Interior Entry

Area and Spaces

Living Area
3,231
Above Grade Finished Area
1,728
Below Grade Finished Area
1,503

Appliances

Appliances
Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Interior Features

Interior Features
Breakfast Bar, Eat-in Kitchen, Laminate Counters, Open Floorplan, Radon Mitigation System
Flooring
Carpet, Tile, Vinyl, Wood
Laundry Features
Sink, In Basement, In Unit, Laundry Closet
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Entry Location
Ground

Heating and Cooling

Heating Features
Forced Air, Natural Gas

Building Details

Construction

Architectural Style
Bungalow, Traditional
Builders Model
Built in 1922 & 1961
Year Built
1922
Foundations
Slab

Materials

Construction Materials
Frame, Metal Siding
Roof
Composition

Terms

Terms

Ownership
Corporation/Trust

Commercial

Cap Rate
5.90

Terms

Exclusions
None

Rental Terms

Owner Pays
Exterior Maintenance, Taxes

Terms

Special Conditions
None
Special Terms
Cash, Conventional, FHA, Jumbo, VA Loan

Taxes

Tax

Tax (Annual)
$3,739

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Utilities
Cable Available, Electricity Connected, Natural Gas Connected
Sewer
Public Sewer
Water Source
Public

Lot

Acres
0.25
Lot Size
10,715
Lot Size Area Sq Ft
10,715
Lot Features
Corner Lot

Exterior Features

Exterior Features
Private Yard
Patio And Porch Features
Front Porch, Patio
Fencing
Full

Parking

Total Parking Spaces
7
Parking Features
Asphalt, Concrete
Listed by Market Masters Real Estate, brian@briankgrace.com, 303-916-7737
Listing Data last updated 10/03/2026 05:00 pm
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Property History

4 days ago
Property information last updated
4 days ago
Date of last price change
18 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 23 days (includes prior listings) · Currently listed since September 15, 2026. Data provided by the MLS.

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