About 5075-5085 Simms Place
Prime investment opportunity in coveted Wheat Ridge! This updated side-by-side duplex offers modern amenities and strong income potential in a rapidly growing area. Located just 2 blocks from RTD Light Rail, 5 minutes from I-70 and Applewood, 10 minutes from Olde Town Arvada and Golden, 20 minutes from Denver, 30 minutes from Boulder, and 40 minutes from the airport. EACH side features 3 HUGE bedrooms, 2 baths, in-unit laundry, private yards, and spacious 2-car garages. Stylish updates include NEW FLOORING, NEW APPLIANCES, NEW WINDOWS, NEW ROOF with skylights, and NEW LANDSCAPING. At ~1800 square feet, 5085 features TWO FIREPLACES, an evaporative cooler, and a large bonus room/den. 5075 offers ~1500 square feet with central A/C, a sunroom with a wet bar, and a NEW DRIVEWAY. Separately metered for gas and electric with baseboard boiler heat and dedicated water heaters. Opportunities abound for any living situation, including: — MULTIGENERATIONAL — age in place with NO STAIRS! — Cashflow with UPSIDE — get creative with cosmetic updates, conversions or rental strategy. — HOUSE HACK — reduce your mortgage by living in one side and renting the other (both live like SFH). — Buy and hold — stable rents with active development all around. What's your rental strategy? Projected total LTR market rent is ~$6K/month (5075 currently leased at $2835/mo through Feb 2026), 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 5/14). Don’t miss your chance to invest in this thriving location!
Features of 5075-5085 Simms Place
| MLS® # | 2224299 |
|---|---|
| Price | $975,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 3,296 |
| Acres | 0.35 |
| Year Built | 1980 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 5075-5085 Simms Place |
|---|---|
| Subdivision | Vista Ridge |
| City | Wheat Ridge |
| County | Jefferson |
| State | CO |
| Zip Code | 80033 |
Amenities
| Utilities | Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available |
|---|---|
| Parking Spaces | 11 |
| Parking | Concrete, Dry Walled, Exterior Access Door, Finished Garage, Oversized, Oversized Door |
| # of Garages | 4 |
| View | Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), High Speed Internet, Laminate Counters, No Stairs, Primary Suite, Smoke Free, Wet Bar, Wired for Data |
|---|---|
| Appliances | Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer |
| Heating | Baseboard, Forced Air, Natural Gas |
| Cooling | Central Air, Evaporative Cooling |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Electric, Wood Burning |
| Stories | One |
Exterior
| Exterior Features | Garden, Private Yard, Rain Gutters |
|---|---|
| Lot Description | Corner Lot, Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| District | Jefferson County R-1 |
|---|---|
| Elementary | Vanderhoof |
| Middle | Drake |
| High | Arvada West |
Additional Information
| Date Listed | April 3rd, 2025 |
|---|---|
| Zoning | R-2 Residential-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | West and Main Homes Inc |
|---|