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5075 Simms Pl

Wheat Ridge, CO 80033

6 beds
4 baths
3,296 sqft
15,246 sqft lot
$295 per sqft
1980 build
– on site

Prime investment opportunity in coveted Wheat Ridge! This updated side-by-side duplex offers modern amenities and strong income potential in a rapidly growing area. Located just 2 blocks from RTD Light Rail, 5 minutes from I-70 and Applewood, 10 minutes from Olde Town Arvada and Golden, 20 minutes from Denver, 30 minutes from Boulder, and 40 minutes from the airport. EACH side features 3 HUGE bedrooms, 2 baths, in-unit laundry, private yards, and spacious 2-car garages. Stylish updates include NEW FLOORING, NEW APPLIANCES, NEW WINDOWS, NEW ROOF with skylights, and NEW LANDSCAPING. At ~1800 square feet, 5085 features TWO FIREPLACES, an evaporative cooler, and a large bonus room/den. 5075 offers ~1500 square feet with central A/C, a sunroom with a wet bar, and a NEW DRIVEWAY. Separately metered for gas and electric with baseboard boiler heat and dedicated water heaters. Opportunities abound for any living situation, including: - MULTIGENERATIONAL - age in place with NO STAIRS! - Cashflow with UPSIDE - get creative with cosmetic updates, conversions or rental strategy. - HOUSE HACK - reduce your mortgage by living in one side and renting the other (both live like SFH). - Buy and hold - stable rents with active development all around. What's your rental strategy? Projected total LTR market rent is ~$6K/month (5075 currently leased at $2835/mo through Feb 2026), or MTR at $7-8K/mo with the new Lutheran Hospital just 5 min away attracting traveling nurses, or go STR with District 4's ONE remaining STR license (as of 5/14). Don't miss your chance to invest in this thriving location!

Listing courtesy of IRES

Last checked: Checking… • Last updated May 29, 2025 •

MLS# 2224299 —

The Building

Year Built:

1980
New Construction:

false
Construction Materials:

Wood/Frame
Architectural Style:

Ranch
Structure Type:

Duplex
Total SqFt:

3,296 Sqft
# of Units Total:

2
Building Area Total:

3296
Roof:

Composition
Levels:

One
Stories:

1
Direction Faces:

Southeast
Window Features:

Triple Pane Windows
Patio And Porch Features:

Patio
Accessibility Features:

No Stairs
Above Grade Finished Area:

3296

Interior

Interior Features:

Wet Bar
Fireplace:

true
Fireplace Features:

2+ Fireplaces

Room Dimensions

Living Area:

3296
Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash
Tenant Pays:

Gas

Location

Directions:

Park on road or on 5085 side of the street.
Coordinates:

-105.128685, 39.78933
Latitude:

39.78933
Longitude:

-105.128685

The Property

Property Type:

Residential Income
Property Subtype:

Income Property
Lot Features:

Gutters
Lot Size Acres:

0.35
Lot Size SqFt:

15,246 Sqft
Lot Size Area:

15246
Lot Size Units:

Square Feet
Zoning:

R-2 Residential-2
View:

Mountain(s)
Exclusions:

Seller and tenant's personal property, 5085 den/living room fridge, 5085 deep freezers, security cameras, 2 keyless entry keypads.
Horse:

false
Fencing:

Fenced
Waterfront:

false
Has Water Rights:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$4,674

Beds

Bedrooms Total:

6

Baths

Total Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://www.zillow.com/view-imx/17dff7c6-2f24-47b6-a9c9-e9491c36d459?setAttribution=mls&wl=true&initialViewType=pano
Special Listing Conditions:

Other Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Natural Gas Available
Gas:

Natural Gas, Separate Meter Gas
Electric:

Electric, Separate Meter Electricity
Sewer:

City Sewer
Water Source:

City Water

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Vanderhoof
Middle School:

Drake
High School:

Arvada West
High School District:

Jefferson County R-1

The Community

Association:

false
Subdivision Name:

Vista Ridge
Spa:

false
Senior Community:

false

Parking

Garage Spaces:

4
Garage:

true
Garage Type:

Attached
Attached Garage:

true
Covered Spaces:

4
Other Parking:

Parking Per Unit(2 Spaces/Unit)

Extra Units

Bedrooms Unit 2:

3
Total Baths Unit 2:

2
Bedrooms Unit 4:

3
Total Baths Unit 4:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
5/14/25 May 14, 2025	Price Changed	IRES	$975,000	-7.1%
4/4/25 Apr 4, 2025	Listed / Active	IRES	$1,050,000	22.4% (8.1% / YR)
6/29/22 Jun 29, 2022		RECOLORADO	$857,500

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This multifamily located in Fairmount - Applewood, Wheat Ridge, CO 80033 is currently for sale for $975,000. 5075 Simms Pl is a 3,296 square foot multifamily with 6 beds and 4 baths that has been on Estately for 74 days. 5075 Simms Pl is in the Fairmount - Applewood neighborhood of Wheat Ridge and has a WalkScore® of 27, making it car-dependent. This multifamily is in the attendance area of Vanderhoof Elementary School, Arvada West High School, and Drake Middle School.

Listing Courtesy of: IRES

TERMS OF USE: 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