Property
ActiveResidential
1/37
$995,000

1621 Salvia Street

Golden, CO 80401
8
Beds
4
Baths
3,394
SqFt
0.19
Acres
RECOLORADO
#7801946
Updated: Jul 1, 2026, 2:45pm

Property Description

Rare opportunity to own a fully leased triplex in one of Golden's most desirable and supply-constrained neighborhoods. Offering a 5.36% cap rate based on current rents, this well-maintained property provides immediate, stable cash flow while also offering exceptional flexibility for a future owner-occupant or long-term investor.

All three units are currently rented, generating strong in-place income in one of Golden's highest-demand rental markets. The versatile unit mix provides excellent long-term investment potential, while the other units offer a unique opportunity for future owner occupancy and Unit 2 with beautiful hardwood floors, a dedicated office, and a private exterior entrance—ideal for remote work, a home-based business, or private practice. Two of the three units feature private fenced yards, and the professionally xeriscaped landscaping provides attractive, low-maintenance curb appeal.

The location is one of the property's greatest assets. Just minutes from Colorado School of Mines, downtown Golden's restaurants, breweries, and shops, NREL, and South Table Mountain trail access directly across the street, the property consistently attracts students, professionals, and long-term residents. Easy access to Highway 6 and I-70 provides convenient commuting to Denver, Boulder, and throughout the Front Range while allowing tenants to enjoy Golden's renowned outdoor lifestyle.

Bonus Opportunity: The neighboring triplex at 1617 Salvia Street is also available, creating a rare opportunity to acquire one or both properties for expanded scale, portfolio growth, or a long-term hold in one of Golden's premier multifamily corridors.

Whether you're looking for dependable cash flow today or future owner-occupancy flexibility, this is a rare opportunity to acquire a stabilized investment property in a market where multifamily offerings are extremely limited and long-term appreciation potential remains strong.
Included Appliances
DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher

Property Details

Interior
Above Grade Finished Area
2365
Appliances
DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher
Basement
FinishedWalk-Out Access
Below Grade Finished Area
959
Below Grade Unfinished Area
70
Building Area Total
3394
Cooling
Attic Fan
Fireplace Features
BasementLiving Room
Fireplaces Total
2
Flooring
CarpetTileVinylWood
Heating
Forced AirNatural Gas
Interior Features
No StairsOpen FloorplanSmoke Free
Laundry Features
In UnitMultiple Locations
Living Area
3324
Construction
Also Marketed As
Residential Income
Architectural Style
Traditional
Building Area Source
Listor Measured
Construction Materials
BrickFrame
Direction Faces
East
Entry Location
Exterior Access
Foundation Details
Slab
Levels
One
Livable Structure Count
Yes
Property Condition
Updated/Remodeled
Roof
Composition
Structure Type
Triplex
Year Built
1965
Site & Exterior
Electric
110V
Exterior Features
Private Yard
Fencing
Partial
Lot Features
Corner LotLandscapedSloped
Lot Size Acres
0.19
Lot Size Area
8189
Lot Size Square Feet
8189
Lot Size Units
Square Feet
Offstreet Spaces
7
Parking Features
ConcreteGravel
Parking Total
7
Patio And Porch Features
CoveredDeckFront Porch
Road Responsibility
Public Maintained Road
Sewer
Public Sewer
Utilities
Electricity ConnectedNatural Gas Connected
Utility Billing To Tenants
Included in Rent
Utility Metering
Common ElectricCommon GasCommon Water
View
Mountain(s)
Water Source
Public
Financials
Contract Earnest Check To
Chicago Title
Contract Min Earnest
25000.00
Documents Available
Plans
Exclusions
Tenant Personal Property
Home Warranty
No
Owner Pays
Grounds CareInsuranceTaxesTrash Collection
Ownership
Individual
Parcel Number
063818
Special Listing Conditions
None
Tax Annual Amount
3616
Tax Legal Description
SECTION 35 TOWNSHIP 03 RANGE 70 QTR SE SUBDIVISIONCD 647000 SUBDIVISIONNAME ROCKRIDGE BLOCK LOT 0012 SIZE: 8207 TRACT VALUE: .188
Tax Year
2024
Title Company
Chicago Title

Neighborhood & Lifestyle

Community & Association
School Of Choice
Yes
Senior Community
No
Subdivision Name
Rockridge
Schools
Ratings
Elementary
Shelton
Middle
Bell
High
Golden
Elem. District
Jefferson County R-1
Middle District
Jefferson County R-1
High District
Jefferson County R-1
Listing provided courtesy of RECOLORADO via IDX. Updated: Jul 1, 2026, 2:45pm.
Robby C McClure II

Listing Agent

McClure and Associates

Call Agent