8623 W 54th Place
Arvada, CO 80002
Map
- 6 beds
- 3 baths
- 2,615 sqft
- 7,187 sqft lot
- $382 per sqft
- 1959 build
- – on site
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.
Last checked:
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Last updated Jun 9, 2025
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MLS# 2398091 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1959
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Construction Materials:Block, Brick
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Building Area Total:2615
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Building Area Source:Public Records
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Structure Type:Triplex
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Roof:Shingle
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Levels:One
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Basement:true
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Entry Location:Ground
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Patio And Porch Features:Covered, Patio
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Above Grade Finished Area:1727
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Below Grade Finished Area:888
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Property Attached:false
Interior
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Laundry Features:Common Area, In Basement, In Unit, Multiple Locations
Room Dimensions
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Living Area:2615
Financial & Terms
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Ownership:Individual
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Possession:Closing/DOD
Location
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Latitude:39.79530031
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Longitude:-105.0940697
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:011025
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Property Condition:Updated/Remodeled
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Lot Features:Sprinklers In Front, Sprinklers In Rear
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Lot Size Area:7187
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Lot Size Acres:0.16
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Lot Size SqFt:7,187 Sqft
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Lot Size Units:Square Feet
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Exclusions:Tenants' personal property
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Fencing:Partial
Listing Agent
- Contact info:
- Agent phone:
- (970) 412-7863
- Office phone:
- (303) 539-5700
Taxes
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Tax Year:2024
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Tax Annual Amount:$5,407
Beds
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Bedrooms Total:6
Baths
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Total Baths:3
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Forced Air
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Cooling:None
Utilities
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Utilities:Cable Available, Electricity Available, Natural Gas Connected, Phone Connected
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Electric:110V, 220 Volts
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Schools
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Elementary School:Arvada K-8
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Elementary School District:Jefferson County R-1
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Middle Or Junior School:Arvada K-8
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Middle Or Junior School District:Jefferson County R-1
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High School:Arvada
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High School District:Jefferson County R-1
The Community
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Subdivision Name:Garneal Acres
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Association:false
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Senior Community:false
Parking
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Parking Total:3
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
