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Listing provided courtesy of Keller Williams Advantage Realty LLCas Distributed by MLSGrid- MLS# 9758085MLS Provider

5230 Balsam StreetArvada, CO 80002

Single Family · 3 Beds · 1 Three Quarter Bath · 1,318 Sq. ft. | 0.77 Acres
$650,000 Active

5230 Balsam Street Overview

Time on Site:
88 days
Visits:
0

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

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5230 Balsam Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,318
  • Price/Sq.ft. $493
  • Lot 0.77 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Jefferson County R-1
  • Elementary School: Lawrence
  • Middle Or Junior School: Arvada K-8
  • High School: Arvada

Building Information

  • Year Built: 1919

Location/Region

  • Country: US
  • County Or Parish: Jefferson
  • Subdivision Name: UNKNOWN

Tax Information

  • Tax Annual Amount: 3061
  • Tax Year: 2024

General Information

  • Exclusions: NONE
  • Listing Terms: Cash,Conventional
  • Ownership: Estate
  • Parcel Number: 004496
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: None
  • Zoning: R13

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 1318
  • Building Area Source: Public Records
  • Building Area Total: 1318

General Information

  • Basement: false
  • Cooling: None
  • Electric: 110V
  • Flooring: Wood
  • Heating: Forced Air
  • Levels: Two
  • Living Area: 1318
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior

Parking Information

  • Parking Features: Oversized
  • Parking Total: 2

Lot Information

  • Irrigation Source: Ditch
  • Lot Features: Ditch
  • Lot Size Acres: 0.77
  • Lot Size Area: 33367
  • Lot Size Square Feet: 33367
  • Lot Size Units: Square Feet
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Dirt
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Traditional
  • Attached Garage: false
  • Construction Materials: Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Covered,Deck
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport Spaces: 0
  • Fencing: Partial
  • Road Frontage Type: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Electricity Connected,Natural Gas Available

Room Information

Room: Bathroom Three Quarter

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Upper

Room: Bedroom

  • Level: Upper

5230 Balsam Street Neighborhood

Community

80002 (ARVADA) Demographics

37
Median Age
3,079
Population Density (per sq. mile)
49%
College Educated
$76,149
Estimated Median Income
4,804
Estimated Total Home Owners
3,695
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5230 Balsam Street Monthly Cost

$
$ %
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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5230 Balsam Street Market Data

Based on the last 30 days in this zip code

$748,733
Average List Price
$334
Average Price per Square Foot
24
Properties Sold
84
Average Days on Market
100
Properties for Sale
Calculations provided by Reliance Network

5230 Balsam Street History

Date Event Value Agent
6/10/2026Source: REColorado MLS Price Reduction
$650,000 -6.5%
6/10/2026Source: REColorado MLS Price Reduction
$650,000 -6.5%
5/19/2026Source: REColorado MLS Price Reduction
$695,000 -4.1%
5/19/2026Source: REColorado MLS Price Reduction
$695,000 -4.1%
4/16/2026Source: REColorado MLS Price Reduction
$725,000 -9.4%
4/16/2026Source: REColorado MLS Price Reduction
$725,000 -9.4%
4/2/2026Source: REColorado MLS Added to Database
April 02, 2026
4/2/2026Source: REColorado MLS Added to Database
April 02, 2026