1415 Harlan Street, Lakewood, CO 80214

Property Description

1415-1425 Harlan Street presents a rare opportunity to acquire a well-located, 20-unit multifamily asset in the heart of Lakewood, one of Denver's most desirable and supply-constrained rental submarkets. Situated in the established Molholm Two Creeks neighborhood, the property consists of four single-story buildings constructed in 1956 and offers an attractive unit mix of sixteen (16) one-bedroom and four (4) two-bedroom apartments, catering to a broad tenant base seeking attainable housing options. The property benefits from a functional, low-density layout with surface parking and on-site laundry, providing tenants with convenient amenities while maintaining operational efficiency for ownership. Units have historically featured interior updates including flooring, paint, and cabinetry, offering a strong in-place foundation with the ability to further modernize and drive rental premiums. Strategically located just minutes from Downtown Denver, Sloan's Lake, and major transportation corridors, the asset offers excellent access to employment centers, retail, and recreation. The surrounding area continues to experience steady population growth and renter demand driven by its proximity to urban amenities combined with a more affordable rent profile compared to core Denver neighborhoods. This offering represents a compelling value-add opportunity for investors to capitalize on below-market rents through continued interior upgrades and operational efficiencies. With its desirable unit mix, strong submarket fundamentals, and scalable 20-unit size, 1415-1425 Harlan Street is well-positioned for both cash flow stability and long-term appreciation.