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5230 Balsam Street
Arvada, CO 80002
ACTIVE
UNDER CONTRACT
$499,900
Active Under Contract
3
Beds
1
Baths
2
Garage
1,318
Sqft 0.77
Acres
MLS# 9758085
Cumulative Days on Market: 174
· Includes prior listings
· Currently listed since 04/02/26
· Data provided by the MLS.
Property Description
Prime development opportunity just minutes from Olde Town Arvada! This R-13 zoned lot offers incredible potential for a multi-family project in one of the area’s most desirable and rapidly growing locations. Situated near shopping, dining, light rail, and all the charm Olde Town has to offer, this property is ideal for investors or developers looking to capitalize on strong rental demand and continued neighborhood growth. Buyer to verify zoning, development possibilities, and all due diligence. Don’t miss this chance to build in a high-demand corridor with excellent upside potential. This property is being sold "AS IS"
Property Highlights
Property Type
Residential
Property Sub Type
Single Family Residence
Architectural Style
Traditional
Bedrooms
3
Total Bathrooms
1
Living Area
1,318
Price / Sqft
$379
Acres
0.77
Year Built
1919
Condition
Fixer
Location
City/Township
Arvada
Direction Faces
West
Subdivision
UNKNOWN
County
Jefferson
Zoning
R13
Property Details
Price
$499,900
Condition
Fixer
Property Type
Residential
Property Sub Type
Single Family Residence
Building
Structure Type
House
Levels
Two
Total Area
1,318
Community
Local Schools
Elementary School
Lawrence
Middle School
Arvada K-8
High School
Arvada
School District
Jefferson County R-1
Interior Features
Bedrooms and Bathrooms
Total Bathrooms
1
Bathrooms on Main Level
1
3/4 Bathrooms
1
Bedrooms
3
Bedrooms on Main Level
1
Area and Spaces
Living Area
1,318
Above Grade Finished Area
1,318
Interior Features
Flooring
Wood
Electic
110V
Heating and Cooling
Heating Features
Forced Air
Building Details
Construction
Architectural Style
Traditional
Year Built
1919
Materials
Construction Materials
Wood Siding
Roof
Composition
Terms
Terms
Contingency
None Known
Ownership
Estate
Exclusions
NONE
Special Conditions
None
Special Terms
Cash, Conventional
Taxes
Tax
Tax (Annual)
$3,061
Heating, Cooling & Utilities
Cooling Features
None
Utilities
Utilities
Cable Available, Electricity Available, Electricity Connected, Natural Gas Available
Sewer
Public Sewer
Water Source
Public
Irrigation Source
Ditch
Lot
Acres
0.77
Lot Size
33,367
Lot Size Area Sq Ft
33,367
Lot Features
Ditch
Road Surface
Dirt
Road Frontage
Public
Exterior Features
Patio And Porch Features
Covered, Deck
Fencing
Partial
Parking
Total Parking Spaces
2
Garage Capacity
2
Parking Features
Oversized
Listed by Keller Williams Advantage Realty LLC, rodneygallegos@gmail.com, 303-875-5865
Listing Data last updated 09/23/2026 05:40 am
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Property History
5 days ago
Property information last updated
41 days ago
Date of last price change
173 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 174 days (includes prior listings)
· Currently listed since April 2, 2026.
Data provided by the MLS.
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Listed by Keller Williams Advantage Realty LLC, Rodney Gallegos