Renovated Side-by-Side
For Sale
$635,000
5543 Newland Way, Arvada, CO 80002
Two-unit property with one renovated vacancy, individual yards, and dedicated parking for each residence.
Property Size1,856 SF
Days on Market94
Property Features for 5543 Newland Way
General Information
Standard status
Active
Size
1,856 SF
Property subtype
Duplex
Units
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$3,561
Amenities
individual yards
Building Details
Building Size
1,856 SF
Year Built
1963
Listing Agency:
The Novak Group
Listed By:
Michael Novak
(303) 589-8826
Source:
Eliselosassore
Added: Jul 5
Changed: Sep 28
Last Checked: Oct 5 at 10:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Novak Group
Investment Insights
Based on property information with market context.
This side-by-side duplex contains 1,856 square feet across two separate residences. One unit has been fully renovated and is vacant, while the other is occupied under a lease that runs through March 2027. Each residence includes its own yard and two parking spaces, providing separate outdoor areas and dedicated parking for both units.
Located at 5543 Newland Way in Arvada, Colorado, the property offers a combination of an existing lease and a renovated vacant unit within the same duplex configuration.
Located at 5543 Newland Way in Arvada, Colorado, the property offers a combination of an existing lease and a renovated vacant unit within the same duplex configuration.
Key Highlights
- Side‑by‑side duplex totaling 1,856 square feet
- One unit fully renovated and currently vacant
- Second unit leased through March 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,893
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,860
$477.9K
Cap Rate 7%
$341,329
$341.3K
Cap Rate 9%
$265,478
$265.5K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$36.7K $19.80/SF
− Vacancy
−$2.6K −$1.41/SF
EGI
$34.1K $18.39/SF
− OpEx
−$10.2K −$5.52/SF
NOI
$23.9K $12.87/SF
Area
Arvada, CO
Vacancy
7.12%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,860
Cap Rate 7%
$341,329
Cap Rate 9%
$265,478
Alternative Uses
Best Use
Multifamily LT 5
$341.3K
$298.7K – $398.2K
NOI $23,893 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$314.0K
$274.8K – $366.4K
NOI $21,982 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$496.3K
$434.3K – $579.1K
NOI $34,744 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,431
Businesses Nearby
Explore this area
Business Placement
Demographics for 80002, CO
20,267
Population
9,960
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
6.5 sq mi
ZIP Area
3,118
Density / Sq Mi
$92,827
Median Household Income
$55,044
Median Earnings
$1,733
Median Rent
$538,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with one renovated vacancy, individual yards, and dedicated parking for each residence.
Where is this duplex located?
The property is located at 5543 Newland Way Arvada, CO.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Side‑by‑side duplex totaling 1,856 square feet; One unit fully renovated and currently vacant; Second unit leased through March 2027
