$380,000
About this home
ATTENTION LAKEWOOD INVESTORS — TWO-UNIT DUPLEX WITH VALUE-ADD POTENTIAL! Opportunity awaits at 14969 Delaware Avenue in the heart of Lakewood! Whether you're expanding an established rental portfolio or looking for your next investment property, this classic side-by-side income opportunity offers the flexibility to establish new rental rates, make strategic improvements, and build long-term value. This traditional up-and-down duplex features two spacious units, each offering two bedrooms, one bathroom, generous living and dining areas, hardwood floors, high ceilings, and original built-in cabinetry. Full-width front porches and a detached two-car garage add to the property's functionality and tenant appeal. The second-floor unit is currently vacant, while the first-floor tenant is expected to vacate, creating an opportunity for an investor to evaluate both units, complete cosmetic updates as desired, and establish new tenancies based on current market conditions. The upper unit also offers access to a partially finished attic, providing additional possibilities for future improvements, subject to local requirements. Previously reported improvements include a two-car garage constructed in 2021, electrical panel replacements in 2021, exterior painting in 2019, and an architectural shingle roof installed in 2013. With its classic Lakewood character, functional floor plans, and potential for interior improvements, this property offers an appealing foundation for a long-term rental investment. Conveniently located near shopping, restaurants, parks, and neighborhood amenities, this duplex combines an established Lakewood location with the opportunity to create additional value through thoughtful updates and rental positioning. Two units. Two income opportunities. One investment with potential. Schedule your showing and discover what 14969 Delaware Avenue could add to your portfolio!
Property details
- MLS
- NOWDD
- MLS #
- 5252910
- Property type
- Duplex
- Subdivision
- Hansen
- Status
- Active
- Days on market
- N/A
- On market date
- October 13, 2026
- Stories
- 2
- Total bathrooms
- 2
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 0.09 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 271
- Student:teacher ratio
- 16.9:1
- District
- Lakewood City
- Enrollment
- 469
- Student:teacher ratio
- 15.1:1
- District
- Lakewood City
- Enrollment
- 1,364
- Student:teacher ratio
- 14.8:1
- District
- Lakewood City
Walkability
Blended score for Lakewood's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
Market position
How this listing compares to current activity in Lakewood, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 3 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.