Incredible opportunity to own a beautifully updated triplex just minutes from vibrant Olde Town Arvada! Each of the three 2-bedroom, 1-bath units has been thoughtfully renovated with modern finishes and move-in-ready appeal. The upper two units feature beautifully refinished original hardwood floors, while the lower unit offers durable luxury vinyl plank flooring—no carpet in any unit.
Inside, you'll find stainless steel appliances, granite countertops, updated bathrooms, fresh paint, and in-unit washers and dryers. Tenants love the light-filled spaces and pet-friendly amenities, including a shared utility room with a full dog-washing station and Terrace Dog Park just across the street. The large grassy yard with a sprinkler system and three off-street parking spots adds to the property's long-term appeal.
Extensive property upgrades include new 200-amp electrical service panels, a new furnace, new water heater, egress windows, new tubs with tiled surrounds, new vanities, LED lighting throughout. Very low-maintenance and easy to rent, this triplex is perfect for investors looking for cash flow from day one.
Located just a 15-minute walk to Olde Town Arvada, the G-Line light rail, shops, and restaurants, and only 15 minutes to downtown Denver.
Photos are representative of the units. Do not disturb tenants—no showings without an executed contract. Unit rents are $2,035, $2,000, and $1,535.
For sale
Price cut: $25K (7/21)
$950,000
8623 W 54th Place, Arvada, CO 80002
4beds
2baths
2,615sqft
Est.:
Triplex
Built in 1959
-- sqft lot
$933,400 Zestimate®
$363/sqft
$-- HOA
What's special
Large grassy yardSprinkler systemThree off-street parking spotsNew vanitiesStainless steel appliancesGranite countertopsIn-unit washers and dryers
- 117 days |
- 237 |
- 10 |
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