$10,000 Closing Credit¹
#3262310, Clayton Primm, Listing office: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
#2398091·
Listing office: Keller Williams Realty Downtown LLC·
Listing agent: Scott Rosengrants·
Listing office phone: 303-539-5700
$999,000 List price
8623 W 54th Pl Arvada, CO 80002
$10,000
Closing credit¹
6 beds
3 baths
2,615 sqft
0.2 acres
$382 / sqft
Multi-Family
Property details
About 8623 W 54th Pl
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.
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
Size2,615 sqft
BasementYes
Lot size0.16 Acres
Year built1959
MLS #2398091
Summary
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
- Basement: Yes
- Total Bedroom Count: 6
- Attached Garage: No
- Heating: Forced Air
- Cooling: None
- List Price: $999,000
- Price/SqFt: $382
- Annual Tax Amount: $5,197
- Tax Year: 2023
- Lot: Sprinklers In Front, Sprinklers In Rear
- Year Built: 1959
- Living Area: 2,615 SqFt
- Lot Size: 0.16 Acres
- MLS Number: 2398091
- MLS Name: RECOLORADO
- Office Name: Keller Williams Realty Downtown LLC
- Office Phone: (303) 539-5700
- Listing Agent: Scott Rosengrants
Listings courtesy of REColorado as distributed by MLS GRID.
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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$999,000
8623 W 54th Pl
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 03, 2020 | Home Sold | $543,650 |
| Apr 06, 1998 | Home Sold | $149,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $53,582 | $5,197 |
| 2022 | $38,735 | $3,793 |
| 2021 | $40,729 | $3,941 |
| 2020 | $31,266 | $3,017 |
| 2019 | $31,484 | $2,185 |
| 2018 | $22,325 | $2,001 |
| 2017 | $24,682 | $1,764 |
History based on county public records data.
Nearby schools
6
Lawrence Elementary School
Public District KG-5
0.5 mi
•5611 Zephyr St
6
Peak Expeditionary School at Pennington
Public District PK-5
1.2 mi
•4645 Independence St
2
Peck Elementary School
Public District KG-5
1.4 mi
•6495 Carr St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,287. Most Arvada, CO residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
56%
<35k
37%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
19%
Single, with Kids
14%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8623 W 54th Pl
The listing price of 8623 W 54th Pl property is $999,000.
The property 8623 W 54th Pl is a multi located in Arvada, Colorado, 80002.
Active Listing: 8623 W 54th Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8623 W 54th Pl are: Lawrence Elementary School (GreatSchools Rating 6/10), Peak Expeditionary School at Pennington (GreatSchools Rating 6/10), Peck Elementary School (GreatSchools Rating 2/10), Arvada K-8 School (GreatSchools Rating 3/10), Foster Dual Language PK-8 (GreatSchools Rating 5/10), Mountain Phoenix Community School (GreatSchools Rating 7/10), Arvada High School (GreatSchools Rating 3/10), Arvada West High School (GreatSchools Rating 7/10), Wheat Ridge High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $5,197 (source: MLS/based on county public records data).
The last sale was on April 3, 2020 for $543,650 (source: MLS/tax record).
The property 8623 W 54th Pl is 2,615 SqFt (source: MLS/tax record).
The year of construction for 8623 W 54th Pl is 1959.
This home is located at 8623 W 54th Pl in Arvada, CO and zip code 80002 in the Olde Town Arvada neighborhood. This 2,615 square foot home, which was built in 1959, sits on a 0.16 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $999,000.
Arvada, CO housing market in May 2025 saw over 64 listings sold above listed price, more than 46 sold at listed price and over 62 sold below. The number of listings in Arvada, CO increased by 14.6% between April and May 2025. In May 2025 median list price was $629,694 and the average listing age was 25 days.
From Rocket Homes Real Estate and based on county public records data.