Prevu by reAlpha
BuySellBlogBrowse Listings

5230 Balsam StreetArvada, CO 80002

For Sale

$549,000

Smart Buyer Rebate $5,490

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"

Listed by Rodney Gallegos

·

License #55039988

·

Keller Williams Advantage Realty LLC

·

303-875-5865

Listed by Sarah Gallegos

·

License #021712

·

Keller Williams Advantage Realty LLC

Last updated July 31, 2026

·

Source: REcolorado #9758085

Listing Facts

  • TypeSingle-family
  • NeighborhoodArvada
  • Bedrooms3
  • Bathrooms1
  • Days on Prevu120
  • Taxes$3,061/year
  • Size1,318 sqft
  • Price per sqft$417

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

07/31/2026
Price Decreased
$549,000
07/15/2026
Price Decreased
$599,000
06/10/2026
Price Decreased
$650,000
05/19/2026
Price Decreased
$695,000
04/17/2026
Price Decreased
$725,000
04/02/2026
Listed by Keller Williams Advantage Realty LLC
$799,900

Property Details for 5230 Balsam Street

Exterior

Construction

  • Property Condition: Fixer
  • Roof: Composition
  • Structure Type: House
  • Year Built: 1919
  • Architectural Style: Traditional
  • Construction Materials: Wood Siding

Features

  • Direction Faces: West
  • Fencing: Partial
  • Patio And Porch Features: Covered, Deck
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 1,318
  • Lot Features: Ditch
  • Lot Size Acres: 0.77
  • Lot Size Area: 33,367
  • Lot Size Square Feet: 33,367
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 004496
  • Tax Annual Amount: $3,061.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Wood

Measurements

  • Living Area: 1,318

Rooms

  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Parking

Parking

  • Garage Spaces: 2
  • Parking Features: Oversized
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Lawrence
  • Elementary School District: Jefferson County R-1

High School

  • High School: Arvada
  • High School District: Jefferson County R-1

Middle or Junior School

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

Utilities

Equipment

  • Electric: 110V
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 1 bathroom in this single-family home at 5230 Balsam Street.

What schools are nearby to 5230 Balsam Street?

Nearby schools include the Lawrence Elementary School, Arvada K-8 Middle School, and Arvada High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 5230 Balsam Street.

What are the annual taxes for 5230 Balsam Street?

Annual taxes for this single-family home are estimated at $3,061.

How does 5230 Balsam Street compare to other single-family homes in Arvada?

This single-family home is listed 25% below the average price for single-family homes in Arvada and has been on the market for 51 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,318 sqft.

5230 Balsam Street is a 3-bedroom, 1-bath single-family home for sale in Arvada CO 80002. Available on Prevu for 120 days at $549,000. This includes a recent price decrease of $50,000. This home features 1,318 square feet of living space, located in Arvada. The median listing price for single-family homes in this area is $615,000. Nearby schools include Lawrence Elementary School, Arvada K-8 Middle School, and Arvada High School. The home offers private outdoor space and parking. Browse more single-family home listings in Colorado.

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Prevu are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.