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Home » Real Estate » CO » Arvada » 80003 » 5815 Pierce St, #A-H, Arvada, CO, 80003
$2,100,000

5815 Pierce St, #A-H, Arvada, CO, 80003

16 Beds
16 Baths
12,000 Square Feet
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.
Offered By
Charlie Mitelhaus 9703723007, Ccb Real Estate Llc

Property Details

Property Type Residential Income
Status Active
Bedrooms 16
Property Sub Type Income Property
Square Feet 12,000
MLS # 1032702

Market Trends

New Properties On Market
33
65% Increase In New Listings
Average Asking Price
$586,909
$105,253 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$334
$19 Increase In List Price/Sq. Ft.
Average Days On Market
12
23 Day Decrease In Days On Market
Data as of Jun 09, 2025. Remaining statistics above are calculated on activity within the period from Apr 01, 2025 to May 31, 2025.
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 5/18/2025 at 1:48 pm