$500,000

5513 Newland Way Arvada, CO 80002

Estimated payment $2,947/month

Total Views 61
4 Beds
2 Baths
1,785 Sq Ft
$280 Price per Sq Ft

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Cooling Available
  • No HOA
  • Brick Veneer
  • Patio

About This Home

Fantastic investment opportunity in this duplex just a short walk from Olde Town Arvada and the light rail to Denver. Each unit has 2 bedrooms, 1 bathroom, oak flooring and a private, fenced back yard and patio. Electric and gas are metered separately and can be passed through to tenants as well as trash pickup. Water is combined on a single bill and the lots have been landscaped with low water options to keep costs low. Tons of storage in the included sheds and the location make it easy to rent and a great opportunity. 5513 is vacant and easy to show, 5517 is occupied and no showings will be allowed without an accepted offer. Property is being offered as an "As-Is" sale.

Listing Agent

Chris Sturgeon

Live West Realty Listed on: 09/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 1964

Lot Details

  • 7,710 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,785 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway Level

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Secrest Elementary School
  • Drake Middle School
  • Arvada High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 005791

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Winns Subdivision

Building Details

  • Gross Income $42,000
  • Net Operating Income $33,605

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,555

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Inclusions: Window Coverings,Electric Range/Oven,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer,Microwave,Satellite Dish,Disposal,Smoke Alarm(s)
  • Year Built: 1964
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Winns
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1785
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Other Equipment: Satellite Dish
  • Accessibility Features: Level Lot, Level Drive, No Stairs, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 4
  • Entry Location: Outside Entry
  • Flooring: Wood Floors
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Outside Entry
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level, Within City Limits
  • View: No
  • Waterfront: No
  • Disclosures: No Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: East
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Cooling: Wall/Window Unit(s), Ceiling Fan(s)
  • Electric: Electric, Separate Meter Electricity, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Security: Smoke Detector(s), Fire Alarm
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Arvada
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Secrest
  • HighSchool: Arvada
  • Junior High Dist: Jefferson Dist R-1
  • Middle Or Junior School: Drake

Lot Info

  • Zoning: RES
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7710
  • Parcel #: 005791
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3555

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 42000
  • Income Includes: ["Lease/Rents"]

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,558 $35,711 $14,250 $21,461
2023 $3,558 $35,711 $14,250 $21,461
2022 $2,801 $27,940 $10,189 $17,751
2021 $2,906 $29,379 $10,714 $18,665
2020 $2,663 $26,956 $10,043 $16,913
2019 $2,628 $26,956 $10,043 $16,913
2018 $2,210 $22,026 $5,958 $16,068
2017 $2,025 $22,026 $5,958 $16,068
2016 $1,774 $18,147 $5,276 $12,871
2015 $1,807 $18,147 $5,276 $12,871
2014 $1,443 $13,867 $4,872 $8,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2025 09/29/25 For Sale $500,000 -- $280 / Sq Ft
Source: IRES MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $140,000 North American Title
Source: Public Records

Source: IRES MLS

MLS Number: 1044662

IRES MLS

APN: 39-132-05-003

Colorado Jefferson County Arvada 80002

5513 Newland Way, Arvada, CO

This home is located at 5513 Newland Way, Arvada, CO 80002 and is currently priced at $500,000, approximately $280 per square foot. This property was built in 1964. 5513 Newland Way is a home located in Jefferson County with nearby schools including Secrest Elementary School, North Arvada Middle School, and Arvada High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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Chris Sturgeon
Listing Agent
Chris Sturgeon
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Live West Realty
(720) 807-1817