Attractive 4-unit building with rare, spacious 3-bedroom units throughout. Individually metered gas and electric with separate furnaces for each unit. Updated interiors, a large shared yard ideal for pets and families, and four large storage units enhance tenant appeal. Strong current cash flow with rental upside. Excellent Arvada location near light rail, retail, and easy commuter access.
For sale
Price cut: $50K (8/4)
$948,000
8967 W 54th Place, Arvada, CO 80002
12beds
4baths
3,232sqft
Quadruplex
Built in 1960
-- sqft lot
$-- Zestimate®
$293/sqft
$-- HOA
What's special
Updated interiors
- 214 days
- 348
- 21
Zillow last checked:
Listing updated:
Listed by:
Kevin Woolsey kevin.woolsey@mmgrea.com,
MMGREA LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 6519397
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
Heating
- Floor Furnace
Cooling
- Has cooling: Yes
Features
- Has basement: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,232
- Total interior livable area: 3,232 sqft
- Finished area above ground: 3,232
Property
Parking
- Total spaces: 7
- Details: Off Street Spaces: 7
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 008002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick, Other
- Roof: Unknown
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Ridge Park Block
HOA
- Has HOA: No
Location
- Region: Arvada
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $898,880
- Annual tax amount: $4,587
- Date on market: 1/27/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Exclusions: Tenant Personal Property
- Ownership: Individual
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $948,000-5%$293/sqft |
Source: | ||
| 4/15/2026 | Price change | $998,000-5%$309/sqft |
Source: | ||
| 1/27/2026 | Listed for sale | $1,050,000+69.4%$325/sqft |
Source: | ||
| 10/16/2018 | Sold | $620,000$192/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,587 -0.1% | $56,180 +18.6% |
| 2024 | $4,593 +8.7% | $47,353 |
| 2023 | $4,227 -3.8% | $47,353 +9.7% |
| 2022 | $4,392 +32.6% | $43,166 -4.9% |
| 2021 | $3,312 | $45,388 +32.2% |
| 2020 | $3,312 +1.4% | $34,320 |
| 2019 | $3,267 +15.9% | $34,320 +19.2% |
| 2018 | $2,820 | $28,800 |
| 2017 | $2,820 +18.1% | $28,800 +16.1% |
| 2016 | $2,388 +100% | $24,804 |
| 2015 | $1,194 -46.6% | $24,804 +12.4% |
| 2014 | $2,234 -2.9% | $22,065 |
| 2013 | $2,300 +2.1% | $22,065 -3.8% |
| 2012 | $2,251 -11.2% | $22,925 |
| 2011 | $2,535 +5.7% | $22,925 -11.8% |
| 2010 | $2,398 -5.6% | $25,990 |
| 2009 | $2,539 +0% | $25,990 -5.4% |
| 2008 | $2,539 +2.7% | $27,470 |
| 2007 | $2,471 +1% | $27,470 +3.7% |
| 2006 | $2,447 -0.9% | $26,480 -1% |
| 2005 | $2,470 +9.3% | $26,750 |
| 2004 | $2,261 +15.7% | $26,750 |
| 2003 | $1,954 +1.7% | $26,750 +17.6% |
| 2002 | $1,920 +4.8% | $22,750 +17.2% |
| 2001 | $1,832 -1% | $19,410 |
| 2000 | $1,850 | $19,410 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 80002
Nearby schools
Schools provided by the listing agent
- Elementary: Arvada K-8
- Middle: Jefferson
- 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.





