Listed By:
RE/MAX Elevate - Erie;
Address
5939-5941 Newcombe Court, Arvada, CO
Price
$ 695,000
Property Attributes
  • MLS#IR1069201
  • TypeMulti-Family
  • Listing Status Active
  • CountyJEFFERSON
  • CityArvada
  • NeighborhoodAlpine Village
  • Zip80004
  • Style
  • Year Built1979
  • Taxes$ 4840
  • Price$ 695,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2887
  • Lot Size0.22 Acres
Data Source:
REColorado (MTOMLS)
Property Description

First time ever to market!! LOCATION.....LOCATION!!! Turnkey duplex available. Welcome to duplex 5939 and 5941 Newcombe. The opportunity to own your own duplex is here! This property offers not just one, but two separate units, each complete with their own attached garage and fenced yard. One side is currently rented (well below market value). The other side is available and ready for an owner occupant or a new tenant. Whether you are looking to live in one unit and rent out the other to offset expenses or seeking a solid investment with potential for increased revenue, this property is it! Situated in a highly desirable neighborhood with convenient access to all schools, transportation, shopping, Old Arvada, close to mountain access, downtown Denver. Too many to mention. No HOA and NO Metro tax. Backing up to a quiet grassy elementary school field and walking distance to the rec center and just down the street from Red Rocks Community College. Located on a quiet dead end street. This property offers two spacious living units, each featuring 3 bedrooms and 2 full bathrooms, making it an ideal investment opportunity or a comfortable multifamily living arrangement. Each side has it's own washer/dryer hookups, 1 car garage, fenced yard and access to the backyard from the walkout basement, the only one in the neighborhood to offer that separate access. 24 hour notice to show occupied side. Don't miss out!

Elementary School Middle School High School
Vanderhoof Elementary School Drake Middle School Arvada West High School
Price History
9/22/2026 Listed $695,000

General Features

Sewer Public Sewer
Heating Forced Air
Utilities Electricity Available,Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Dishwasher,Dryer,Oven,Refrigerator,Washer
Zoning r
Security Features Smoke Detector(s)
Construction Materials Brick,Frame
Exclusions sellers personal property,tenants personal property
Year Built 1979
Tenant Pays Trash Collection
Levels Two
Property Subtype Duplex
Tax Year 2025
Ownership Individual
Gross Income 3750
County Jefferson
Net Operating Income -840
Operating Expense 4840
Property Type Residential Income
HOA No
Subdivision Name Alpine Village
Possible Use Multi-Family,Residential
Status Active
High School Arvada West
City Arvada
High School District Jefferson County R-1
Number Of Units Total 2
Lot Size Square Feet 9670
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Elementary School Vanderhoof
Tax Annual Amount 4840
Middle/Junior High School Drake
Concessions No
Virtual Tour https://www.zillow.com/view-imx/62658a3f-3edd-425c-a843-c376d071cae2?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Occupancy Type Tenant
Elementary School District Jefferson County R-1
Cap Rate -0.12

Interior Features

Interior Amenities Eat-in Kitchen
Basement Walk-Out Access
Basement (Y/N) Yes
Laundry Features In Unit

Exterior Features

Lot Features Flood Zone
Water Source Public
Total Parking 4
Building Area Total 2887
Lot Size Acres 0.22
Road Surface Type Paved
Road Frontage Type Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 80004

Price
AVG $660K
$700K
Taxes
AVG $4,127
$4,840
Year Built
AVG 1975
1979
Visits
AVG 61
1
Data Provided by Inside Real Estate®