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$620,000
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8864-8874 W 54th Pl
Arvada, CO 80002
4 bed 2 bath 1,620 SqFt ($382/SqFt)
8,253SqFt lot. Built 1959
Listed 2024-04-18
Ⓧ USDA Ineligible
due to location

near Arvada

This is a remarkable opportunity to own a duplex with both sides in Olde Town Arvada.

Midcentury modern with vaulted ceilings and open floor plan. Updates in both units with a newer kitchen with granite, a ppliances and full bath in unit 8874. Unit 8864 has an updated full bath and nice kitchen. Hardwood floors, newer hotwater heaters and roof. Semi private fenced yards for each unit with a shed and patio.

Unit 8864 has ample parking and a 1 car detached garage. 8874 has easy offstreet parking for 2 vehicles. Front yard trees and yard and easy maintenance back yard. Light rail, RTD bus a few blocks into Olde Town. Terrace Park, Costco and shopping all nearby. Lease in unit 8864 thru 3/2025 at $1560/month. Unit 8874 is vacant and able to show - identical to 8864. This property qualifies for a CRA loan with no income limit and 2% back of your loan amount towards closing costs.


Presented by Danna L. Johanson at
Envision Realty Group LLC.
Listing Agent Photo

Property MLS #9893921 from REcolorado

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

High Ceilings
No Stairs
Open Floorplan
Quartz Counters
Flooring: Wood

Dishwasher
Dryer
Microwave
Oven
Range
Refrigerator
Washer
Laundry Features: In Unit

Cooling Features: Air Conditioning-Room
Heating Features: Forced Air

Garden
Private Yard
Fencing: Partial
Patio And Porch Features: Patio
Road Responsibility: Public Maintained Road

Lot Description: Landscaped, Level, Near Public Transit
Lot Size Acres: 0.1894628
Lot Size Square Feet: 8253

Garage Spaces: 1
Parking Total: 5

Elementary School: Arvada K-8
Elementary School District: Jefferson County R-1
High School: Arvada
High School District: Jefferson County R-1
Middle School: Arvada K-8
Middle or Junior School District: Jefferson County R-1

Arvada K-8 is a public elementary and middle school located approximately 0.6 miles away.
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Arvada High School is a public high school located approximately 1.6 miles away.
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Faith Christian Academy - High School is a private high school located approximately 0.7 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 3264.00
Source Listing Status: Active
County: Jefferson
Tax Year: 2023
Source Property Type: Residential Income
Exclusions: Tenant in unit 8864 owns washer/dryer and refrigerator - negotiable with new owner.
Source Neighborhood: Arvada Plaza
Parcel Number: 011698
Subdivision: Arvada Plaza
Property Subtype: Duplex
Source System Name: C2C

Price Changed 2024-04-27
$620,000
REcolorado
Price Changed 2024-04-27
$620,000
REcolorado
Listed 2024-04-18
$630,000
REcolorado
Listed 2024-03-20
$630,000
REcolorado

Total Square Feet Living: 1620
Year Built: 1959
Above Grade Finished Area: 1620
Common Walls: 1 Common Wall
Construction Materials: Brick, Frame
Direction Faces: Northwest
Entry Location: Ground
Foundation Details: Concrete Perimeter
Levels: One
Property Age: 65
Property Attached: Yes
Property Condition: Updated/Remodeled
Roof: Composition
Structure Type: Duplex
Architectural Style: Mid-Century Modern

Sewer: Public Sewer
Electricity Available
Natural Gas Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.