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5815 Pierce St Unit A-H

Arvada, CO 80003

16 beds
16 baths
– sqft
8,000 sqft lot
1983 build
– on site

CBRE is pleased to present 5815 Pierce St, an eight-unit multifamily investment opportunity in Arvada, Colorado. Built in 1983, this asset has been under long-term ownership, allowing investors to take advantage of substantial increases in income and asset values through a systematic value-add approach. All eight units are individually deeded townhome-style, with two bedrooms and one and a half bathrooms. The basements currently have laundry hookups and the potential to add a third bedroom and second bathroom. Located just a half mile from Olde Town Arvada, 5815 Pierce St is surrounded by top retail and abundant employment. Nearby, historic Olde Town is the heart and soul of Arvada, with many dining, retail, and entertainment options and a light-rail station serving downtown Denver. 5815 Pierce St's excellent suburban location and attractive unit layouts will continue to garner high renter demand. These factors and the immediate income upside create a compelling opportunity for investors to acquire a unique, well-located asset in one of the most desirable Denver suburbs.

Listing courtesy of IRES

Last checked: Checking… • Last updated May 1, 2025 •

MLS# 1032702 —

The Building

Year Built:

1983
New Construction:

false
Construction Materials:

Wood/Frame
Total SqFt:

12,000 Sqft
Unit Number:

A-H
# of Units Total:

8
Roof:

Composition
Levels:

Two
Basement:

Full
Stories:

2

Interior

Laundry Features:

Washer/Dryer Hookups

Room Dimensions

Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash
Tenant Pays:

Electricity

Location

Coordinates:

-105.07314, 39.80249
Latitude:

39.80249
Longitude:

-105.07314

The Property

Property Type:

Residential Income
Property Subtype:

Income Property
Parcel Number:

042331
Lot Size Acres:

0.18
Lot Size SqFt:

8,000 Sqft
Lot Size Area:

8000
Lot Size Units:

Square Feet
Zoning:

MULTI-RESI
Possible Use:

Multi-Family
Exclusions:

Tenant's personal property
Horse:

false
Waterfront:

false
Has Water Rights:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$15,321

Beds

Bedrooms Total:

16

Baths

Total Baths:

16

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Baseboard
Heating:

true
Cooling:

Ceiling Fan(s)
Cooling:

true

Utilities

Electric:

Separate Meter Electricity
Water Source:

City Water, City

Appliances

Appliances:

Some Appliances

Schools

Elementary School:

Secrest
Middle School:

Oberon Jr
High School:

Arvada
High School District:

Jefferson Dist R-1

The Community

Association:

false
Subdivision Name:

Pierce Plaza Condo Map
Spa:

false
Senior Community:

false

Parking

Other Parking:

Parking Per Unit(2 Spaces/Unit)

Extra Units

Bedrooms Unit 1:

2
Total Baths Unit 1:

2

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/1/25 May 1, 2025	Listed / Active	IRES	$2,100,000

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This multifamily located in Olde Town Arvada Area, Arvada, CO 80003 is currently for sale for $2,100,000. 5815 Pierce St Unit A-H is a – square foot multifamily with 16 beds and 16 baths that has been on Estately for 1 days. 5815 Pierce St Unit A-H is in the Olde Town Arvada Area neighborhood of Arvada. This multifamily is in the attendance area of Arvada High School, North Arvada Middle School, and Secrest Elementary 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