9457 W 56th Pl, Arvada, CO 80002

Property Description

Freshly updated and newly repositioned for today’s market! Previously offered at a higher price in less-refreshed condition, this property has now been thoughtfully updated and is being offered at a more attractive price—creating an excellent turn-key opportunity for an investor or owner-occupant looking for value and upside. Legally configured as a duplex and currently operating as a long-term triplex, this well-maintained income property offers immediate cash flow, strong rental history, and upside potential. Gross scheduled rents previously totaled $5,000 per month when fully occupied ($60,000 annually), with two units recently refreshed and ready for new tenants or owner occupants. The property consists of one approximately 1,600 sq. ft. unit and two approximately 1,000 sq. ft. units. The larger 9457 unit is leased through 9/30/27. The 4 bedroom unit has been occupied by the same tenant for more than eleven years, providing a strong history of rental stability. Significant capital improvements have been completed during ownership, including two furnaces installed in 2021, water heaters replaced in 2023 and 2025, a new electrical panel in 2025, bathroom renovations in both 9459A and 9459B, flooring updates, and numerous appliance replacements. Recent updates to the vacant units include a full repaint, bathroom remodel, and kitchen refresh with a new range and dishwasher in 9457A. 9457B has also been refreshed with a full repaint, new carpet, remodeled bathroom, and new kitchen counter and sink. Fabulous location between Kipling and Wadsworth with convenient access to Walmart, grocery stores, restaurants, and everyday amenities. Whether you're looking to expand your portfolio, generate rental income, or live in one unit while renting the others, this property offers a compelling combination of location, rental history, recent improvements, and value.