Listing provided courtesy of MODUS Real EstateMLS# 6916735MLS Provider
  • 47 days on site
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Fantastic opportunity to own a well-maintained triplex in a prime Arvada location just minutes from Olde Town Arvada. Offering a total of 2,646 square feet, this property consists of three 2-bedroom, 1-bathroom units, including two ground-level ranch-style units and a basement unit located beneath the rear unit. The front unit was recently remodeled and features new countertops, appliances, paint, trim, and a new electric water heater, along with beautiful hardwood flooring throughout the living room, hallway, and both bedrooms. The basement unit has also been recently updated with new LVP flooring, fresh paint, and new baseboards. Both of units are vacant and ready to rent immediately or offer the potential for an owner occupant to live in one and rent the other two units. Major system upgrades throughout the property include two brand new furnaces, three new water heaters, a brand new roof, updated electrical meters installed approximately two years ago, and a replaced sewer line with two separate connections to the city main. Additional improvements include newer windows in the front and rear units, along with two newer egress windows in the basement unit. The property also includes a detached 1-car garage and separate electric meters for each unit, while all three units share a single gas meter. Ideally situated directly across from Terrace Park and less than five minutes from the Olde Town Arvada Light Rail Station, restaurants, breweries, shopping, and entertainment. Convenient access to Downtown Denver, I-70, and the mountains makes this an outstanding opportunity for both investors and owner-occupants alike. Rare opportunity to purchase a triplex in Arvada!

Source: REColorado MLS, MLS#: 6916735

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  • Property Type
    Residential Income

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 8735 W 54th Place


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/15/2026Source: REColorado MLS Status Change
Pending
6/8/2026Source: REColorado MLS Price Reduction
$689,000 -1.4%
6/2/2026Source: REColorado MLS Price Reduction
$699,000 -3.6%
5/14/2026Source: REColorado MLS Added to Database
May 14, 2026