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1621 Salvia StreetGolden, CO 80401

For Sale

$980,000

Smart Buyer Rebate $9,800

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.

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 July 21, 2026

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Source: REcolorado #7801946

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Old Golden Road
  • Bedrooms8
  • Bathrooms4
  • Days on Prevu151
  • Taxes$3,616/year
  • Size3,324 sqft
  • Price per sqft$295

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

07/21/2026
Price Decreased
$980,000
06/24/2026
Price Decreased
$995,000
06/10/2026
Price Decreased
$1,049,999
05/20/2026
Price Decreased
$1,050,000
05/08/2026
Price Decreased
$1,075,000
04/13/2026
Price Decreased
$1,125,000
04/09/2026
Status changed to Active
$1,150,000
04/04/2026
Status changed to Pending
$1,150,000
03/02/2026
Listed by McClure and Associates
$1,150,000

Property Details for 1621 Salvia Street

Exterior

Construction

  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Structure Type: Triplex
  • Year Built: 1965
  • Architectural Style: Traditional
  • Construction Materials: Brick, Frame
  • Entry Location: Exterior Access
  • Exterior Features: Private Yard

Features

  • Direction Faces: East
  • Fencing: Partial
  • Patio And Porch Features: Covered, Deck, Front Porch
  • View: Mountain(s)

Measurements

  • Building Area Total: 3,394
  • Lot Features: Corner Lot, Landscaped, Sloped
  • Lot Size Acres: 0.19
  • Lot Size Area: 8,189
  • Lot Size Square Feet: 8,189
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.78
  • Gross Income: $70,380.00
  • Operating Expense: $17,011.00
  • Operating Expense Includes: Accounting, Insurance, Maintenance, Professional Management, Real Estate Tax, Utilities

Taxes

  • Parcel Number: 063818
  • Tax Annual Amount: $3,616.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Basement, Living Room
  • Fireplaces Total: 2
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Features: No Stairs, Open Floorplan, Smoke Free

Measurements

  • Living Area: 3,324

Rooms

  • Basement: Finished, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Other

General

  • Exclusions: Tenant Personal Property

Location

  • Subdivision Name: Rockridge

Parking

Parking

  • Parking Features: Concrete, Gravel
  • Parking Total: 7

Schools

Elementary School

  • Elementary School: Shelton
  • Elementary School District: Jefferson County R-1

High School

  • High School: Golden
  • High School District: Jefferson County R-1

Middle or Junior School

  • Middle Or Junior School: Bell
  • Middle Or Junior School District: Jefferson County R-1

Utilities

Equipment

  • Cooling: Attic Fan
  • Electric: 110V
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Unit, Multiple Locations
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 8 bedrooms and 4 bathrooms in this multi-family home at 1621 Salvia Street.

What schools are nearby to 1621 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 7 parking spaces available for 1621 Salvia Street.

What are the annual taxes for 1621 Salvia Street?

Annual taxes for this multi-family home are estimated at $3,616.

How does 1621 Salvia Street compare to other multi-family homes in East Old Golden Road?

This multi-family home is listed 5% below the average price for multi-family homes in East Old Golden Road and has been on the market for 39 more 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 3,324 sqft.

1621 Salvia Street is a 8-bedroom, 4-bath multi-family home for sale in Golden CO 80401. Available on Prevu for 151 days at $980,000. This includes a recent price decrease of $15,000. This property features 3,324 square feet of living space, located in East Old Golden Road. The median listing price for multi-family homes in this area is $714,000. Nearby schools include Shelton Elementary School, Bell Middle School, and Golden High School. Property amenities include private outdoor space, dishwasher, parking, and washer/dryer. Explore more multi-family home listings in Jefferson County.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.