Hearthstone Flats is a fully renovated apartment community in the heart of Arvada, just minutes from Olde Town Arvada, Arvada Market Place, and I-70. The property has been thoughtfully updated with new LVT flooring, modern kitchens and baths, stainless steel appliances, and upgraded interior finishes throughout, complemented by on-site laundry, off-street parking, and a quiet, park-like setting. With new roof, gutters, stairs, and sewer lines all installed within the past several years, the asset offers a turnkey physical plant with limited near-term capital needs. In-place rents remain well below surrounding renovated comparables, creating a clear path to meaningful NOI growth through natural lease turnover and strategic rent adjustments, without the execution risk of heavy renovation.
For sale
$3,200,000
5361 Everett Street, Arvada, CO 80002
36beds
22baths
16,400sqft
Quadruplex
Built in 1961
-- sqft lot
$3,066,300 Zestimate®
$195/sqft
$-- HOA
What's special
- 15 days
- 304
- 16
Zillow last checked:
Listing updated:
Listed by:
Charles Burkhart 214-336-6064 charles.burkhart@marcusmillichap.com,
Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
Source: REcolorado as distributed by MLS GRID,MLS#: 5190965
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 36
- Bathrooms: 22
Heating
- Hot Water
Cooling
- Has cooling: Yes
Features
- Has basement: No
Interior area
- Total structure area: 16,400
- Total interior livable area: 16,400 sqft
- Finished area above ground: 16,400
Property
Parking
- Total spaces: 30
- Details: Off Street Spaces: 30
Features
- Levels: One
- Stories: 1
Details
- Parcel number: 011935
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Roof: Unknown
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: 639600 Ridge Park
HOA
- Has HOA: No
Location
- Region: Arvada
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $3,716,000
- Annual tax amount: $23,949
- Date on market: 9/4/2026
- Listing terms: Cash,Conventional,Other
- Ownership: Individual
Estimated market value
$3,066,300
$2.91M - $3.22M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $3,200,000+326.7%$195/sqft |
Source:  REcolorado as distributed by MLS GRID #5190965 Report a problem | ||
| 12/9/1997 | Sold | $750,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,288 -0.1% | $232,250 -3.4% |
| 2024 | $23,319 +15.3% | $240,409 |
| 2023 | $20,218 -3.8% | $240,409 +16.5% |
| 2022 | $21,006 +10.3% | $206,448 -4.9% |
| 2021 | $19,043 | $217,074 +10% |
| 2020 | $19,043 +1.4% | $197,340 |
| 2019 | $18,786 +15.9% | $197,340 +19.2% |
| 2018 | $16,215 | $165,600 |
| 2017 | $16,215 +70.3% | $165,600 +67.4% |
| 2016 | $9,522 -0.5% | $98,903 |
| 2015 | $9,570 +1.3% | $98,903 +6% |
| 2014 | $9,446 +6.1% | $93,299 |
| 2013 | $8,907 +2.1% | $93,299 +5.1% |
| 2012 | $8,720 -10% | $88,786 |
| 2011 | $9,685 +5.8% | $88,786 -10.5% |
| 2010 | $9,157 -0.1% | $99,240 |
| 2009 | $9,164 +0% | $99,240 +0.1% |
| 2008 | $9,163 -0.6% | $99,140 |
| 2007 | $9,216 +1% | $99,140 +0.4% |
| 2006 | $9,124 +26.9% | $98,740 +15.9% |
| 2002 | $7,188 +6.8% | $85,160 +19.4% |
| 2001 | $6,730 -1% | $71,300 |
| 2000 | $6,797 | $71,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 80002
Nearby schools
Schools provided by the listing agent
- Elementary: Arvada K-8
- Middle: Arvada K-8
- High: Arvada
- District: Jefferson County R-1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
