1045 Balsam St

For Sale

1045 Balsam St, Lakewood, CO 80214

This Lakewood property for sale is located at 1045 Balsam St. The general use of 1045 Balsam St is multi-family and it incorporates 8,590 square feet of class C multi-family space. The current listed sale price for 1045 Balsam St is $1,800,000. 1045 Balsam St is situated on a lot that is 0.46 acre in size.

Contacts

broker
Phil Dankner

Unique Properties

Property Details

  • Property Type Multi-Family
  • Property Size 8,590 SF
  • Units 11
  • Lot Size 0.46 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1960
  • Date Updated Sep 12, 2025
Located in the heart of Lakewood, ColoradoLocated in the heart of Lakewood, Colorado, 1045 Balsam Street is an 11-unit multifamily property offering a strong value-add opportunity for investors. The unit mix consist of one studio, four one-bedroom/one-bath units, and six two-bedroom/two-bath units, providing a diverse range of options for tenants in a highly sought-after rental market. The property is well-positioned for upside through both interior/exterior renovations and rental increases. Current rents are below market, and updating the units offers a clear path to enhancing both income and asset value. The location is another key strength, with convenient access to major roadways and public transportation. This property represents a rare chance to acquire a well-located multifamily asset with immediate potential for increased cash flow and long-term appreciation. With strong rental demand in the area and a clear opportunity to improve performance through strategic upgrades, 1045 Balsam Street is a compelling addition to any investment portfolio.
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Highlights

  • Diverse Unit Mix in a Strong Rental Market: Includes 11 units (studio, one-bedroom, and two-bedroom options), appealing to a wide range of tenants in a highly sought-after area.
  • Prime Lakewood Location: Centrally located with easy access to major roads and public transit, enhancing tenant appeal and long-term value.
  • Value-Add Investment Opportunity: The property offers immediate upside through interior/exterior renovations and rental increases, with current rents below market.

Getting around

  • 63/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 70/100

    Bike Score ®

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Location

  • City Lakewood, CO
  • Neighborhood Eiber
  • Zip Code 80214
  • Market Denver

Points of Interest

  • 10th & Osage

    4.43 miles

  • Olde Town Arvada

    4.53 miles

  • Union Station Light Rail Plaza

    4.79 miles

  • Bakken Motorcars

    7.50 miles

  • Conoco

    0.43 miles

  • Safeway

    0.70 miles

  • Diamond Shamrock

    0.90 miles

  • Food Stop

    0.92 miles

  • Gas & Food Save Mart

    1.12 miles

  • Circle K

    1.16 miles

  • Phillips 66

    1.66 miles

  • ChargePoint

    1.75 miles

  • Edgewater, CO Tesla Supercharger

    1.92 miles

  • Tesla Supercharger

    3.47 miles

  • Church Parking

    0.64 miles

  • Lot B

    1.15 miles

  • Lot A

    1.16 miles

  • Lot C

    1.20 miles

  • Stadium North Parking Lot

    1.23 miles

  • Lot D

    1.28 miles

  • Lot F

    1.31 miles

  • Stadium Parking

    1.36 miles

  • Bldg 16

    1.53 miles

  • H

    1.58 miles

  • Denver West Inn

    0.79 miles

  • Weekly Inn

    0.84 miles

  • Park Inn by Radisson

    0.85 miles

  • HomeTowne Studios Denver - Lakewood West

    1.22 miles

  • Big Bunny Motel

    1.30 miles

  • Blue Sky Motel

    1.32 miles

  • White Swan Motel

    1.40 miles

  • Rocky Mountain Motel

    1.44 miles

  • Westway Motel

    1.61 miles

  • Mesa Motor Inn

    1.67 miles

  • Natural Grocers

    0.65 miles

  • Walmart Supercenter

    0.78 miles

  • King Soopers

    1.70 miles

  • Bath & Body Works / EcoPolitan

    1.75 miles

  • Whole Foods Market

    1.78 miles

  • Target

    1.87 miles

  • Won's Market

    2.13 miles

  • Viet Hoa Supermarket

    2.32 miles

  • Sprouts Farmers Market

    2.61 miles

  • Big Lots

    2.80 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Phil Dankner

Unique Properties

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