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Sold for $695,000
  • $695,000

    8735 W 54th Place, Arvada, CO 80002

    6beds
    3baths
    2,646sqft
    Triplex
    Built in 1959
    -- sqft lot
    $681,200 Zestimate®
    $263/sqft
    $2,599 Estimated rent

    Home value

    $681,200

    $647,000 - $715,000

    $2,599/mo

    Zestimate® history
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    What's special

    Brand new roofNew countertops
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Rampi 720-935-2184 prampi@moduscommercial.com,

    MODUS Real Estate

    Bought with:

    Mirna Herrera, 100084694

    Keller Williams Realty Downtown LLC

    Source: REcolorado as distributed by MLS GRID,MLS#: 6916735MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Finished
    Interior area
    • Total structure area: 2,646
    • Total interior livable area: 2,646 sqft
    • Finished area above ground: 1,764
    • Finished area below ground: 882

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    Details
    • Parcel number: 009894
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Arvada
    • Subdivision: Garneal Acres

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Individual

    Price history

    DateEventPrice
    7/9/2026Sold$695,000+0.9%$263/sqft
    Source: REcolorado as distributed by MLS GRID #6916735 Report a problem
    6/15/2026Pending sale$689,000$260/sqft
    Source: REcolorado as distributed by MLS GRID #6916735 Report a problem
    6/8/2026Price change$689,000-1.4%$260/sqft
    Source: REcolorado as distributed by MLS GRID #6916735 Report a problem
    6/2/2026Price change$699,000-3.6%$264/sqft
    Source: REcolorado as distributed by MLS GRID #6916735 Report a problem
    5/14/2026Listed for sale$724,900+9.8%$274/sqft
    Source: REcolorado as distributed by MLS GRID #6916735 Report a problem
    9/16/2024Listing removed$1,475-7.8%$1/sqft
    Source: Zillow Rentals Report a problem
    9/8/2024Listed for rent$1,600+113.3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/25/2019Listing removed$660,000$249/sqft
    Source: Coldwell Banker Residential Brokerage - Denver West #7074450 Report a problem
    4/18/2019Listed for sale$660,000+120%$249/sqft
    Source: COLDWELL BANKER RESIDENTIAL 54 #7074450 Report a problem
    12/26/2014Sold$300,000-2.4%$113/sqft
    Source: Public Record Report a problem
    11/1/2014Price change$307,500-3.1%$116/sqft
    Source: North Realty LLC dba Keller Williams Preferred Realty #2631495 Report a problem
    6/27/2014Price change$317,500-2.3%$120/sqft
    Source: North Realty LLC dba Keller Williams Preferred Realty #2631495 Report a problem
    4/24/2014Listed for sale$325,000+16.1%$123/sqft
    Source: North Realty LLC dba Keller Williams Preferred Realty #2631495 Report a problem
    6/15/2012Listing removed$750
    Source: Real Property Management Colorado Report a problem
    5/3/2012Listed for rent$750
    Source: Real Property Management Colorado Report a problem
    7/2/2008Sold$280,000+51.4%$106/sqft
    Source: Public Record Report a problem
    9/6/2007Sold$185,000-33.2%$70/sqft
    Source: Public Record Report a problem
    8/30/2005Sold$277,000$105/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,914 -0.1%$38,154 -5.6%
    2024$3,919 +32.1%$40,401
    2023$2,966 -3.8%$40,401 +33.4%
    2022$3,081 +0.7%$30,282 -4.9%
    2021$3,060 $31,841 +0.4%
    2020$3,060 +1.4%$31,711
    2019$3,019 +28.6%$31,711 +32.3%
    2018$2,347 $23,969
    2017$2,347 +26.6%$23,969 +24.4%
    2016$1,854 $19,260
    2015$1,854 +12.6%$19,260 +18.4%
    2014$1,647 +5.9%$16,266
    2013$1,555 +2.1%$16,266 +4.9%
    2012$1,522 -20.7%$15,501
    2011$1,921 +5.8%$15,501 -21.2%
    2010$1,816 -13.6%$19,680
    2009$2,102 +0%$19,680 -13.5%
    2008$2,102 +23.7%$22,740
    2007$1,699 +1%$22,740 +24.9%
    2006$1,682 -4.2%$18,200 -4.3%
    2005$1,755 +9.3%$19,010
    2004$1,607 -5.5%$19,010
    2003$1,699 +1.7%$19,010 -3.9%
    2002$1,670 +3%$19,790 +15.2%
    2001$1,622 -1%$17,180
    2000$1,638 $17,180

    Find assessor info on the county website

    Neighborhood: 80002

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value
    $681,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $681,200