Metro Denver Luxury Homes For Sale

Property Description

Rare opportunity to own a triplex in one of Golden’s most desirable and supply constrained locations. Offering a 5.78% cap rate based on current rents, this well maintained property provides immediate, stable cash flow and excellent long term investment potential.

All three units are currently rented, generating $5,995 per month in gross rental income, with Unit 1 at $1,850 per month, Unit 2 at $2,750 per month, and Unit 3 at $1,395 per month. Unit 2 is leased through July 2027, while Unit 3 is currently month to month. The property offers a versatile unit mix, and two of the three units feature private fenced yards. Professionally xeriscaped landscaping provides attractive, low maintenance curb appeal.

The location is one of the property’s greatest advantages. South Table Mountain trails and open space are directly across the street, while Colorado School of Mines, downtown Golden, NREL, restaurants, breweries, shopping, and recreation are all just minutes away. Convenient access to Highway 6 and I-70 provides easy commuting to Denver, Boulder, and throughout the Front Range while allowing tenants to enjoy everything the Golden lifestyle has to offer.

For investors looking to expand their portfolio, the neighboring triplex at 1617 Salvia Street is also available, creating an extremely rare opportunity to acquire one or both properties and establish a larger multifamily investment in Golden.

With all three units currently producing income, a strong Golden location, limited competing multifamily inventory, and the opportunity to purchase the neighboring triplex as well, this is a compelling opportunity for an investor looking for immediate cash flow and long term appreciation potential.

Features
: Forced Air
: Attic Fan, Air Conditioning-Room
: Partial, Walk-Out Access
: Partial
: Mountain(s)
: Family Room, Basement
: Covered, Front Porch
: 7
: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
: Traditional
: Concrete
: Composition
: Public Sewer
Address Map
CO
Jefferson
Golden
80226
Salvia
1621
Street
W106° 48' 37.5''
N39° 44' 35.1''
Additional Information
: Frame
3
East
Google Maps
: 110V
Shelton
: Private Yard
2
: Carpet, Wood, Vinyl
Golden
: Open Floorplan
Yes
Yes
1031 Exchange, Cash, Conventional, VA Loan
Creighton
McClure and Associates
062206
: None
: Triplex
Rockridge
$2,385
2024
: Phone Available, Electricity Connected, Natural Gas Connected
03/12/2026
3394
Active
Jefferson County R-1
Jefferson County R-1
In Unit
Jefferson County R-1
08/10/2026
3
04/08/2026
: One

Rockridge

1621 Salvia Street, Golden, CO 80226

8 Bedrooms
4 Total Baths
3,394 Square Feet
$965,000
Listing ID #8359411
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 8359411
Price : $965,000
Bedrooms : 8
Rooms : 12
Total Baths : 4
Full Bathrooms : 3
3/4 Bathrooms : 1
Square Footage : 3,394 Square Feet
Year Built : 1962
Lot Area : 8,189 Acres
Lot Acres : 0.19
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent