Property
ActiveResidential
1/10
$3,200,000

5361 Everett Street

Arvada, CO 80002
36
Beds
22
Baths
16,400
SqFt
0
Acres
RECOLORADO
#5190965
Updated: Sep 4, 2026, 5:00pm

Property Description

Hearthstone Flats is a fully renovated apartment community in the heart of Arvada, just minutes from Olde Town Arvada, Arvada Market Place, and I-70. The property has been thoughtfully updated with new LVT flooring, modern kitchens and baths, stainless steel appliances, and upgraded interior finishes throughout, complemented by on-site laundry, off-street parking, and a quiet, park-like setting. With new roof, gutters, stairs, and sewer lines all installed within the past several years, the asset offers a turnkey physical plant with limited near-term capital needs. In-place rents remain well below surrounding renovated comparables, creating a clear path to meaningful NOI growth through natural lease turnover and strategic rent adjustments, without the execution risk of heavy renovation.

Property Details

Interior
Above Grade Finished Area
16400
Building Area Total
16400
Cooling
Other
Heating
Hot Water
Living Area
16400
Construction
Also Marketed As
Residential Income
Building Area Source
Public Records
Construction Materials
Wood Siding
Levels
One
Roof
Unknown
Structure Type
Quadruplex
Year Built
1961
Site & Exterior
Offstreet Spaces
30
Parking Total
30
Sewer
Public Sewer
Financials
Contract Earnest Check To
Title Company
Ownership
Individual
Parcel Number
011935
Special Listing Conditions
None
Tax Annual Amount
23949
Tax Legal Description
SECTION 15 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 639600 SUBDIVISIONNAME RIDGE PARK BLOCK LOT 0018 SIZE: 8225 TRACT VALUE: .189 SECTION 15 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 639600 SUBDIVISIONNAME RIDGE PARK BLOCK LOT 0019 SIZE: 8225 TRACT VALUE: .189 SECTION 15 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 639600 SUBDIVISIONNAME RIDGE PARK BLOCK LOT 0025 SIZE: 8225 TRACT VALUE: .189 SECTION 15 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 639600 SUBDIVISIONNAME RIDGE PARK BLOCK LOT 0026 SIZE: 8225 TRACT VALUE: .189
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
Senior Community
No
Subdivision Name
639600 RIDGE PARK
Schools
Ratings
Elementary
Arvada K-8
Middle
Arvada K-8
High
Arvada
Elem. District
Jefferson County R-1
Middle District
Jefferson County R-1
High District
Jefferson County R-1
WalkScore™
Walk Score
Car-Dependent
21
Transit Score
Some Transit
34
Bike Score
Somewhat Bikeable
49
Listing provided courtesy of RECOLORADO via IDX. Updated: Sep 4, 2026, 5:00pm.
Charles Burkhart

Listing Agent

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Call Agent