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For sale
    • Price cut: $25K (7/21)
    $1,270,000

    1617 Salvia Street, Golden, CO 80401

    10beds
    6baths
    5,565sqft
    : 
    $8,017/mo
    Get pre-qualified
    Triplex
    Built in 1985
    -- sqft lot
    $1,219,700 Zestimate®
    $228/sqft
    $-- HOA

    What's special

    Prime Golden investment opportunity offering a 6.75% cap rate and 100% occupancy in one of the city's most sought-after rental locations. This well-maintained triplex is fully leased through next July, providing immediate, stable cash flow with strong in-place income from day one. With attractive current returns and long-term appreciation potential, this is an outstanding opportunity for investors seeking a turnkey asset in a supply-constrained market. The location is a major driver of value, with exceptional proximity to Colorado School of Mines, downtown Golden's restaurants, shops, breweries, and entertainment, plus immediate access to South Table Mountain trails and open space directly across the street. The property is also ideally situated near ENRL, supporting strong rental demand from students, faculty, professionals, and outdoor enthusiasts. This unmatched combination of walkability, recreation, and employment centers has consistently produced strong tenant demand and low vacancy. Easy access to Highway 6 and I-70 provides convenient commuting to Denver, Boulder, and the greater Front Range while allowing tenants to enjoy Golden's vibrant, outdoor lifestyle. Bonus Opportunity: The neighboring triplex at 1621 Salvia Street is also available, creating a rare chance to acquire two side-by-side investment properties in one of Golden's premier rental corridors. Call today for additional information. Please do not disturb tenants. Showings are by appointment only. Contact the listing broker for details. Do not disturb tenants. Showings by appointment only. Contact listing broker for additional details.
    149 days
    |
    354
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robby C McClure II 720-434-5228 robby@robbymcclure.com,

    McClure and Associates

    Source: REcolorado as distributed by MLS GRID,MLS#: 7891305MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 6
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
      • Laundry: In Unit, Multiple Locations
      Features
      • Eat-in Kitchen, High Ceilings, Open Floorplan, Smoke Free
      • Flooring: Carpet, Laminate, Tile
      • Basement: Exterior Entry,Finished,Walk-Out Access
      Interior area
      • Total structure area: 5,565
      • Total interior livable area: 5,565 sqft
      • Finished area above ground: 3,754
      • Finished area below ground: 1,811

      Property

      Parking
      • Total spaces: 9
      • Parking features: Concrete
      • Details: Off Street Spaces: 9
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Exterior Access
      • Patio & porch: Deck
      • Exterior features: Private Yard
      • Fencing: Partial
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 8,015 Square Feet
      • Features: Landscaped, Sloped
      Details
      • Parcel number: 168360
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Triplex
      Materials
      • Frame, Wood Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • Year built: 1985

      Utilities & green energy

      • Electric: 110V
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available

      Community & HOA

      Community
      • Subdivision: Rockridge
      HOA
      • Has HOA: No
      Location
      • Region: Golden

      Financial & listing details

      • Price per square foot: $228/sqft
      • Tax assessed value: $1,006,732
      • Annual tax amount: $5,198
      • Date on market: 3/2/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,Jumbo,VA Loan
      • Exclusions: Tenant Personal Property
      • Ownership: Individual
      • Lease term: 12 Months
      • Tenant pays: Cable TV, Electricity, Gas, Internet
      • Electric utility on property: Yes

        Estimated market value

        $1,219,700

        $1.16M - $1.28M

        $2,744/mo

        Price history

        DateEventPrice
        7/21/2026Price change$1,270,000-1.9%$228/sqft
        Source: REcolorado as distributed by MLS GRID #7891305 Report a problem
        6/24/2026Price change$1,295,000-4.1%$233/sqft
        Source: REcolorado as distributed by MLS GRID #7891305 Report a problem
        6/8/2026Price change$1,350,000-3.6%$243/sqft
        Source: REcolorado as distributed by MLS GRID #7891305 Report a problem
        5/11/2026Price change$1,399,9990%$252/sqft
        Source: REcolorado as distributed by MLS GRID #7891305 Report a problem
        4/13/2026Price change$1,400,000-3.4%$252/sqft
        Source: REcolorado as distributed by MLS GRID #7891305 Report a problem
        3/3/2026Listed for sale$1,450,000+211.8%$261/sqft
        Source: REcolorado as distributed by MLS GRID #7891305 Report a problem
        12/17/2025Listing removed$2,095
        Source: Zillow Rentals Report a problem
        12/13/2025Price change$2,095-4.6%
        Source: Zillow Rentals Report a problem
        12/2/2025Price change$2,195-4.4%
        Source: Zillow Rentals Report a problem
        11/21/2025Listed for rent$2,295
        Source: Zillow Rentals Report a problem
        12/3/2013Sold$465,000+93.8%$84/sqft
        Source: Public Record Report a problem
        6/18/1999Sold$240,000$43/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,198 0%$62,920 +9.9%
        2024$5,200 +32.1%$57,241
        2023$3,936 -3.7%$57,241 +25.7%
        2022$4,088 -0.9%$45,527 -4.9%
        2021$4,127 $47,871 -1.4%
        2020$4,127 +1.4%$48,574
        2019$4,068 +48.2%$48,574 +52.8%
        2018$2,745 $31,798
        2017$2,745 -12.5%$31,798 -14.2%
        2016$3,137 $37,061
        2015$3,137 +19.6%$37,061 +25.8%
        2014$2,624 -5%$29,466
        2013$2,763 +2.2%$29,466 -6.2%
        2012$2,703 -5.9%$31,417
        2011$2,872 +0.1%$31,417 -6.5%
        2010$2,870 -3.1%$33,610
        2009$2,961 +0.2%$33,610 -2.9%
        2008$2,955 -4.3%$34,610
        2007$3,089 0%$34,610 -3.3%
        2006$3,089 +7.1%$35,780 +9.7%
        2005$2,884 +9.6%$32,630
        2004$2,632 -12.2%$32,630
        2003$2,996 +1.6%$32,630 -10.8%
        2002$2,948 +6.8%$36,600 +17.5%
        2001$2,760 -1%$31,160
        2000$2,787 $31,160
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 80401

        Getting around

        49 / 100
        Car-Dependent
        30 / 100
        Some Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Shelton
        • Middle: Bell
        • High: Golden
        • District: Jefferson County R-1

        Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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