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Home » Real Estate » CO » Wheat Ridge » 80033 » 5075 Simms Pl, Wheat Ridge, CO, 80033
$1,050,000

5075 Simms Pl, Wheat Ridge, CO, 80033

6 Beds
4 Baths
3,296 Square Feet
Prime investment opportunity in coveted Wheat Ridge! This updated side-by-side single-level brick duplex offers modern amenities and strong income potential in a rapidly growing area. Located just 2 blocks from RTD Light Rail and just minutes from I-70, Olde Town Arvada, and Golden. Each side features 3 beds (huge!), 2 baths (including primary en-suites), included in-unit laundry, private fenced yards, and spacious garages - an oversized detached 2-car garage for 5085 and an insulated attached 2-car garage for 5075. Stylish updates include brand-new white oak LVP flooring, new stainless steel appliances, new Simonton windows, new roof with skylights, and refreshed low-maintenance landscaping. 5085 offers 1800 sq feet with two fireplaces, an evaporative cooler, and a large bonus room. 5075 offers around 1500 sq ft with central A/C, a sunroom with a wet bar, and a new smooth driveway. Separately metered for gas and electric with baseboard boiler heat and dedicated water heaters, this property provides a fantastic opportunity for multigenerational living, or to generate rental income or occupy 1 side while leasing the other - hello househackers! Projected total LTR market rent is ~$6K/month, 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 4/2). 5075 is currently leased LTR through Feb 2026 (tenant needs 60 days to vacate). Don't miss your chance to invest in this thriving location!
Offered By
Brittany Guimond britt@brittguimond.realtor,970-445-4741, West and Main Homes Inc

Property Details

Property Type Residential Income
Status Active
Bedrooms 6
Property Sub Type Income Property
Square Feet 3,296
MLS # 2224299

Market Trends

New Properties On Market
23
53% Increase In New Listings
Average Asking Price
$698,947
$100,187 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$336
$4 Increase In List Price/Sq. Ft.
Average Days On Market
22
18 Day Decrease In Days On Market
Data as of Apr 18, 2025. Remaining statistics above are calculated on activity within the period from Feb 01, 2025 to Mar 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. 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. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 4/6/2025 at 6:35 pm