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603-605 Iowa StreetGolden, CO 80403

For Sale

$624,750

Smart Buyer Rebate $6,248

Duplex...BOTH SIDES. NO HOA. SELLER WILL CARRY. RENT PART or ALL to reduce your payments. Zestimate was $821k last month. Aggressive listing price pulled it down.
At 603–605 Iowa Street, two apartments and three separately accessible garage spaces offer room to live, collect rental income, and plan your next chapter—all within walking distance of downtown Golden.
The upstairs apartment has two bedrooms and one bath, while the lower apartment offers a separate one-bedroom living space. The garages include an extended one-car bay and two independently accessible halves of a two-car garage, each with its own door and electric opener.
See HackableHomes.com for details. Seller wants more passive investment.
Previous rents totaled up to gross rental potential of $4,500 per month when all five spaces are rented. Flexible seller financing may offer another path to ownership, with down-payment options subject to seller-approved credit and final terms.
A practical home base for a Colorado School of Mines student
For a Mines family, this property offers a place to live and an opportunity to learn the responsibilities of ownership. A student could occupy the upstairs apartment, share it with a roommate, and help manage the lower apartment and garage rentals. It is a chance to gain experience with budgeting, maintenance, and tenant relationships while establishing a home in Golden.
An opportunity to explore what comes next.
For buyers considering redevelopment, the property offers an existing duplex configuration and established water and sewer service in a neighborhood seeing new construction. Explore the potential for a replacement single-family home or duplex, with downtown Golden close at hand.
Enjoy the property as it stands, use rental income to support ownership, or investigate a longer-term building plan. Please don't disturb downstairs unit 605 tenant!
Buyer to verify all information. Disclosure: The owner is related to the listing broker.

Listed by John Hermanussen

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License #009289

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Colorado Real Estate Investment Company

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720-780-8672

Last updated October 27, 2026

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Source: REColorado #9282579

Listing Facts

  • TypeMulti-family
  • NeighborhoodGolden
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu14
  • Taxes$4,099/year
  • Size1,120 sqft
  • Price per sqft$558

Amenities

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

Location

Mortgage Calculator

Listing History

10/17/2026
Listed by Colorado Real Estate Investment Company
$624,750
  1. 10/17/2026$624,750
    Listed by Colorado Real Estate Investment Company

Property Details for 603-605 Iowa Street

Association

Amenities

  • Pets Allowed: Cats OK, Dogs OK

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Structure Type: Duplex
  • Year Built: 1937
  • Architectural Style: Bungalow
  • Common Walls: Something Below
  • Construction Materials: Frame, Metal Siding
  • Entry Level: 2
  • Entry Location: Ground
  • Exterior Features: Dog Run, Fire Pit, Garden, Private Yard, Rain Gutters

Features

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

Measurements

  • Building Area Total: 1,300
  • Lot Features: Sloped
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,000
  • Lot Size Square Feet: 7,000
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.7
  • Gross Income: $54,000.00
  • Operating Expense: $15,653.00
  • Operating Expense Includes: Accounting, Advertising, Insurance, Internet, Maintenance, Professional Management, Real Estate Tax

Taxes

  • Parcel Number: 074401
  • Tax Annual Amount: $4,099.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Laminate Counters, Radon Mitigation System, Smoke Free, Vaulted Ceiling(s)

Measurements

  • Living Area: 1,120

Rooms

  • Basement: Daylight, Finished, Partial
  • Has Basement: Yes
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2

Other

Features

  • Accessibility Features: Accessible Approach With Ramp, Accessible Central Living Area

General

  • Exclusions: Tenant and owners personal property

Location

  • Subdivision Name: Vernon Gardens

Parking

Parking

  • Garage Spaces: 3
  • Parking Features: 220 Volts, Gravel, Exterior Access Door, Tandem
  • Parking Total: 5

Schools

Elementary School

  • Elementary School: Mitchell
  • 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: Evaporative Cooling
  • Electric: 220 Volts, Single Phase
  • Heating: Forced Air
  • Laundry Features: In Basement, In Unit, Multiple Locations
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
  • Water Source: Public

Frequently Asked Questions

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

There are 2 bedrooms and 1 bathroom in this multi-family home at 603-605 Iowa Street.

What schools are nearby to 603-605 Iowa Street?

Nearby schools include the Mitchell Elementary School, Bell Middle School, and Golden High School.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 603-605 Iowa Street.

What are the annual taxes for 603-605 Iowa Street?

Annual taxes for this multi-family home are estimated at $4,099.

How does 603-605 Iowa Street compare to other multi-family homes in Golden?

This multi-family home is listed 0% below the average price for multi-family homes in Golden and has been on the market for 87 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 1,120 sqft.

603-605 Iowa Street is a 2-bedroom, 1-bath multi-family home for sale in Golden CO 80403. Listed on Prevu for 14 days at $624,750. This residence features 1,120 square feet of living space, located in Golden. The median listing price for multi-family homes in this area is $720,000. Nearby schools include Mitchell Elementary School, Bell Middle School, and Golden High School. Property amenities include private outdoor space, dishwasher, pets allowed, parking, and washer/dryer. Explore more multi-family home listings in Colorado.

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Prevu are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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.