Prime Golden investment opportunity in one of the city’s high-demand rental locations. This well-maintained triplex offers strong in-place income. This property provides attractive cash flow and a solid cap rate based on current rents, making it a compelling option for investors seeking stable returns in a premier Golden location. The location is a major driver of value, with exceptional proximity to Colorado School of Mines, downtown Golden’s dining, shops, and amenities, and immediate access to South Table Mountain trails and open space just across the street. The property is also well-positioned near ENRL, further strengthening tenant demand from students, faculty, professionals, and outdoor-focused renters. This combination of walkability, recreation, and employment anchors creates consistently strong rental demand and low vacancy. With easy access to Highway 6 and I-70, tenants enjoy convenient commutes to Denver, Boulder, and the broader Front Range while still living in Golden’s vibrant, trail-oriented lifestyle. Rare opportunity to acquire a stabilized triplex in a supply-constrained submarket with long-term appreciation potential and strong fundamentals. Bonus opportunity: The neighboring triplex at 1621 Salvia Street is also available, creating a unique option for a side-by-side portfolio acquisition in one of Golden’s coveted rental corridors. Call today for more information. Do not disturb tenants. Showings by appointment only. Contact listing broker for additional details.
Do not disturb tenants. Showings by appointment only.
Contact listing broker for additional details.
Listed by Robby C McClure II
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License #015149
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McClure and Associates
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720-434-5228
Last updated March 02, 2026
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Source: REcolorado #7891305
Listing Facts
TypeMulti-family
NeighborhoodEast Old Golden Road
Bedrooms10
Bathrooms6
Days on Prevu14
Taxes$5,198/year
Size5,565 sqft
Price per sqft$261
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
03/02/2026
Listed by McClure and Associates
$1,450,000
Property Details for 1617 Salvia Street
Exterior
Construction
Property Condition: Updated/Remodeled
Roof: Composition
Structure Type: Triplex
Year Built: 1985
Architectural Style: Traditional
Construction Materials: Frame, Wood Siding
Entry Location: Exterior Access
Exterior Features: Private Yard
Features
Direction Faces: East
Fencing: Partial
Patio And Porch Features: Deck
View: Mountain(s)
Measurements
Building Area Total: 5,565
Lot Features: Landscaped, Sloped
Lot Size Acres: 0.18
Lot Size Area: 8,015
Lot Size Square Feet: 8,015
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.0
Gross Income: $104,160.00
Operating Expense: $16,863.00
Operating Expense Includes: Insurance, Maintenance, Real Estate Tax, Utilities
Middle Or Junior School District: Jefferson County R-1
Utilities
Equipment
Electric: 110V
Heating: Forced Air
Laundry Features: In Unit, Multiple Locations
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Phone Available
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 10 bedrooms and 6 bathrooms in this multi-family home at 1617 Salvia Street.
What schools are nearby to 1617 Salvia Street?
Nearby schools include the Shelton Elementary School, Bell Middle School, and Golden High School.
Does this multi-family home have parking?
Yes, there are 9 parking spaces available for 1617 Salvia Street.
What are the annual taxes for 1617 Salvia Street?
Annual taxes for this multi-family home are estimated at $5,198.
How does 1617 Salvia Street compare to other multi-family homes in East Old Golden Road?
This multi-family home is listed 4% above the average price for multi-family homes in East Old Golden Road and has been on the market for 77 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 5,565 sqft.
1617 Salvia Street is a 10-bedroom, 6-bath multi-family home for sale in Golden CO 80401. Listed on Prevu for 14 days at $1,450,000. This property features 5,565 square feet of living space, located in East Old Golden Road. The median listing price for multi-family homes in this area is $659,500. Nearby schools include Shelton Elementary School, Bell Middle School, and Golden High School. Property amenities include private outdoor space, dishwasher, parking, and washer/dryer. Browse more multi-family home listings in Jefferson County.
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