8735 W 54th Place Arvada, CO 80002
Estimated payment $4,279/month
Highlights
- No HOA
- Forced Air Heating System
- 2-minute walk to Terrace Park
- 1-Story Property
About This Home
JUST LISTED! Fantastic opportunity to purchase a triplex just minutes from Olde Town Arvada. With a total of 2,646 square feet, this triplex consists of three 2-bedroom, 1-bathroom units. Two of the units are ground level, ranch style units, and the third unit is a basement unit below the back unit. One gas meter for all three units. The back upstairs and basement units share the same furnace, which was just replaced and is a brand new furnace. All units have separate electric. The front unit was recently remodeled with all new countertops, paint, appliances, trim, has hardwood floors throughout, and a new tankless water heater. This unit is ready to rent or move in as an owner occupant/house hacker. The back unit just became vacant and the basement unit rents at $1,190/month plus utilities. Brand new roof. One brand new water heater. The electrical meters are only about two-years-old. The sewer line has been replaced and has two separate connections to the city main line. Newer windows in the front and back unit and two newer egress windows in the basement unit. There is also a detached 1-car garage. Less than 5-minutes to the Olde Town Arvada Light Rail Stop and everything in Olde Town. Only about 15 minutes to downtown Denver and easy access to the mountains. Terrace Park is also right across the street. Rare opportunity to purchase a triplex in Arvada! Schedule a showing before it's gone!
Listing Agent
MODUS Real Estate Brokerage Email: prampi@moduscommercial.com,720-935-2184 License #100055927 Listed on: 10/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,914
Year Built
- Built in 1959
Parking
- 1 Car Garage
Home Design
- Triplex
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1-Story Property
- Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Schools
- Arvada K-8 Elementary And Middle School
- Arvada High School
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- Garneal Acres Subdivision
Listing and Financial Details
- Exclusions: tenant's personal property, including all wall AC units, all washer and dryer machines, and all mounted TVs.
- Assessor Parcel Number 009894
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,919 | $40,401 | $12,110 | $28,291 |
| 2023 | $3,919 | $40,401 | $12,110 | $28,291 |
| 2022 | $2,966 | $30,282 | $8,821 | $21,461 |
| 2021 | $3,081 | $31,841 | $9,275 | $22,566 |
| 2020 | $3,060 | $31,711 | $7,683 | $24,028 |
| 2019 | $3,019 | $31,711 | $7,683 | $24,028 |
| 2018 | $2,347 | $23,969 | $5,594 | $18,375 |
| 2017 | $2,148 | $23,969 | $5,594 | $18,375 |
| 2016 | $1,833 | $19,260 | $5,012 | $14,248 |
| 2015 | $1,647 | $19,260 | $5,012 | $14,248 |
| 2014 | $1,647 | $16,266 | $4,628 | $11,638 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/04/2025 10/04/25 | For Sale | $750,000 | -- | $283 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | First American | |
| Special Warranty Deed | $280,000 | Land Title | |
| Special Warranty Deed | $185,000 | Chicago Title Co | |
| Warranty Deed | $277,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $239,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $293,040 | FHA | |
| Previous Owner | $196,000 | Purchase Money Mortgage | |
| Previous Owner | $174,400 | Construction | |
| Previous Owner | $221,600 | Fannie Mae Freddie Mac | |
| Previous Owner | $165,550 | No Value Available | |
| Closed | $50,000 | No Value Available |
Source: REcolorado®
MLS Number: 5273538
APN: 39-151-12-016
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