2565 S Sheridan Boulevard #20, Lakewood, CO, 80227
About This Home
Incredible opportunity for investors! Nestled in the heart of Lakewood within the Green Gables Condominiums, this well-kept 2-bedroom, top-floor condo is a true gem and there is a renter in place through May 1 2027 at $1600 / month (7.6% CAP rate!). With a low HOA of just $228/month that includes water and heat, this home is as practical as it is charming. Step inside to a bright, open floor plan filled with natural light. Both bedrooms offer breathtaking mountain views stretching all the way to Pikes Peak. The recently updated modernized kitchen and bath featuring newer countertops and fixtures. Plus, enjoy the convenience of in-unit laundry, two tandem reserved parking spaces, and a private closet in the shared community storage room. The Green Gables community is beautifully maintained, boasting mature landscaping, a basketball court, and inviting outdoor spaces perfect for picnics or BBQs. The location couldn’t be better—you're just minutes from public transportation, parks, schools, grocery stores, and local restaurants. Ready to make this your next investment? Schedule your showing today!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1962
Materials
- Roof: Composition
- Construction materials: Concrete,Frame
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Oven,Refrigerator,Washer
- Laundry features: In Unit
Bathroom
- Level: Main
Bedroom
- Features: Primary Suite
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Ceiling Fan(s),Eat-in Kitchen,Granite Counters,Open Floorplan
- Window features: Window Treatments
- Flooring: Carpet,Tile
- Finished area above ground: 853
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Baseboard,Hot Water
- Cooling features: None
Interior Area
- Total structure area: 853
- Total interior livable area: 853 sqft
Property
Details
- Parcel number: 162144
- Attached to another structure: Yes
- Special condition: Standard
- Exclusions: Tenant's Personal Property
Features
- Levels: Two
- Stories: 2
- Entry location: Exterior Access
- Patio & porch: Covered,Front Porch
- Exterior features: Balcony
- Has view: Yes
- View description: Mountain(s)
Parking
- Total spaces: 2
- Parking features: Asphalt
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Lightning
- Winter Weather
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $959 | $11,508 |
| Home Insurance * | $92 | $1,104 |
| Property Taxes | $83 | $996 |
| Electricity | $186 | $2,232 |
| Total | $1,320 | $15,840 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Listed for sale | $189,750 |
| 2025-04-28 | Listing removed | $1,495 |
| 2024-12-04 | Price change | $1,495 |
| 2024-11-06 | Price change | $1,545 |
| 2024-10-14 | Price change | $1,645 |
| 2024-10-09 | Listed for rent | $1,695 |
| 2024-10-01 | Listing removed | $1,695 |
| 2024-09-24 | Price change | $1,695 |
| 2024-08-13 | Listed for rent | $1,795 |
| 2022-09-18 | Listing removed | -- |
| 2022-06-20 | Sold | $201,500 |
| 2022-06-20 | Listed for rent | $1,695 |
| 2001-07-18 | Sold | $60,000 |
| 1999-03-10 | Sold | $44,500 |
View on Zillow