$3,741 Closing Credit¹
#5261424, Nicki Thompson, Listing Office: RE/MAX Alliance - Olde Town
#3603672·
Listing office: EXIT Realty DTC, Cherry Creek, Pikes Peak.·
Listing agent: Alysa Casorla·
Listing office phone: 303-790-7200
$315,000 List price
5225 Balsam St Unit 1 Arvada, CO 80002
$3,741
Closing credit¹
2 beds
1 full
762 sqft
0.01 acres
$413 / sqft
Condo
Property details
About 5225 Balsam St Unit 1
Attention buyers and investors, move into one of the cutest condos in the 80002 or unlock the potential of your portfolio with this exceptional income property opportunity, a charming two-story condo in prime Arvada location! Whether you're looking or a primary residence or starting or expanding your investment portfolio, this property promises lucrative returns in a thriving location just moments from Olde Town Arvada. Enhancing the property's value and appeal to buyers or tenants alike, is newer luxury vinyl plank flooring that leads you into the heart of this open concept home with an abundance of natural light. The kitchen features updated granite countertops, stainless steel appliances, a center island, and a pantry, making it a chef's dream and the focal point for entertaining. Upstairs, you'll find two spacious bedrooms (without carpet) and a completely renovated bathroom, providing a stable foundation for of durability and minimal out of pocket expenses. Step outside to a private patio, enclosed by a fence, offering an ideal space for gatherings and relaxation. Located steps away is a generously sized open space, perfect for outdoor activities and enjoying the fresh air. This unit also has its own private storage shed. With its close proximity to shopping, dining, and parks, this residence provides unparalleled convenience and access to the best of the area. Don't wait—schedule your showing today and take advantage of this rare opportunity to secure a reliable income stream and build wealth through real estate investment or your very own primary residence in one of Arvada's most sought-after neighborhoods.
Highlights
Home typeCondominium
HeatingBaseboard
StatusActive
CoolingAir Conditioning
Size762 sqft
Lot size0.01 Acres
Year built1962
ParkingAsphalt
MLS #3603672
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Basement: No
- Flooring Type: Carpet, Vinyl
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Asphalt
- Exterior: Private Yard
- Architectural Style: Contemporary
- Heating: Baseboard
- Cooling: Air Conditioning
- List Price: $315,000
- Price/SqFt: $413
- HOA Amount: $363 Monthly
- Directions: From Wadsworth Blvd, head west on W 52nd Avenue, take first right into complex parking lot after passing Balsam Street. 5225 Balsam is on the corner.
- Year Built: 1962
- Living Area: 762 SqFt
- Lot Size: 0.01 Acres
- MLS Number: 3603672
- MLS Name: RECOLORADO
- Office Name: EXIT Realty DTC, Cherry Creek, Pikes Peak.
- Office Phone: (303) 790-7200
- Listing Agent: Alysa Casorla
Listings courtesy of REColorado as distributed by MLS GRID.
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Last updated on: 5/30/2025, 5:12:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$315,000
5225 Balsam St Unit 1
$3,741
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
6
Lawrence Elementary School
Public District KG-5
0.5 mi
•5611 Zephyr St
6
Peak Expeditionary School at Pennington
Public District PK-5
1.2 mi
•4645 Independence St
5
Wilmore Davis Elementary School
Public District PK-5
1.3 mi
•7975 W 41st Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,287. Residents of Arvada, CO typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
56%
<35k
37%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
19%
Single, with Kids
14%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5225 Balsam St Unit 1
The listing price of 5225 Balsam St Unit 1 property is $315,000.
The property 5225 Balsam St Unit 1 is a condo located in Arvada, Colorado, 80002.
Active Listing: 5225 Balsam St Unit 1 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5225 Balsam St Unit 1 are: Lawrence Elementary School (GreatSchools Rating 6/10), Peak Expeditionary School at Pennington (GreatSchools Rating 6/10), Wilmore Davis Elementary School (GreatSchools Rating 5/10), Arvada K-8 School (GreatSchools Rating 3/10), Foster Dual Language PK-8 (GreatSchools Rating 5/10), Mountain Phoenix Community School (GreatSchools Rating 7/10), Arvada High School (GreatSchools Rating 3/10), Wheat Ridge High School (GreatSchools Rating 5/10), Early College of Arvada (GreatSchools Rating 4/10).
The property at 5225 Balsam St Unit 1 has 2 bedrooms and 1 bathroom.
The property 5225 Balsam St Unit 1 is 762 SqFt (source: MLS/tax record).
The year of construction for 5225 Balsam St Unit 1 is 1962.
This home is located at 5225 Balsam St Unit 1 in Arvada, CO and zip code 80002 in the Olde Town Arvada neighborhood. This 762 square foot home, which was built in 1962, sits on a 0.01 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $315,000.
While more than 59 listings in Arvada, CO in April 2025 were sold above asking price, there were more than 44 listings sold at asking price, and more than 70 were sold below. In April 2025 in Arvada, CO there were 9.4% more homes for sale than in March. The median list price of listings available in April 2025 was $629,068, while the average time on the real estate market was 27 days.
From Rocket Homes Real Estate and based on county public records data.