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For sale
  • Price cut: $15K (7/21)
    $980,000

    1621 Salvia Street, Golden, CO 80401

    7beds
    4baths
    3,394sqft
    : 
    $6,124/mo
    Get pre-qualified
    Triplex
    Built in 1965
    -- sqft lot
    $938,600 Zestimate®
    $289/sqft
    $-- HOA

    What's special

    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.
    151 days
    |
    623
    |
    32
    |

    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#: 7801946MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Attic Fan
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: In Unit, Multiple Locations
      Features
      • No Stairs, Open Floorplan, Smoke Free
      • Flooring: Carpet, Tile, Vinyl, Wood
      • Basement: Finished,Walk-Out Access
      • Number of fireplaces: 2
      • Fireplace features: Basement, Living Room
      Interior area
      • Total structure area: 3,394
      • Total interior livable area: 3,394 sqft
      • Finished area above ground: 2,365
      • Finished area below ground: 959

      Property

      Parking
      • Total spaces: 7
      • Parking features: Concrete
      • Details: Off Street Spaces: 7
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Exterior Access
      • Patio & porch: Covered, Deck, Front Porch
      • Exterior features: Private Yard
      • Fencing: Partial
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 8,189 Square Feet
      • Features: Corner Lot, Landscaped, Sloped
      Details
      • Parcel number: 063818
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Triplex
      Materials
      • Brick, Frame
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • Year built: 1965

      Utilities & green energy

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

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $289/sqft
      • Tax assessed value: $660,389
      • Annual tax amount: $3,616
      • Date on market: 3/2/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,Jumbo,VA Loan
      • Exclusions: Tenant Personal Property
      • Ownership: Individual
      • Electric utility on property: Yes

        Estimated market value

        $938,600

        $892,000 - $986,000

        $2,359/mo

        Price history

        DateEventPrice
        7/21/2026Price change$980,000-1.5%$289/sqft
        Source: REcolorado as distributed by MLS GRID #8359411 Report a problem
        6/24/2026Price change$995,000-5.2%$293/sqft
        Source: REcolorado as distributed by MLS GRID #8359411 Report a problem
        6/10/2026Price change$1,049,9990%$309/sqft
        Source: REcolorado as distributed by MLS GRID #8359411 Report a problem
        5/20/2026Price change$1,050,000-2.3%$309/sqft
        Source: REcolorado as distributed by MLS GRID #8359411 Report a problem
        5/8/2026Price change$1,075,000-4.4%$317/sqft
        Source: REcolorado as distributed by MLS GRID #8359411 Report a problem
        4/13/2026Price change$1,125,000-2.2%$331/sqft
        Source: REcolorado as distributed by MLS GRID #8359411 Report a problem
        4/8/2026Listed for sale$1,150,000$339/sqft
        Source: REcolorado as distributed by MLS GRID #8359411 Report a problem
        4/4/2026Pending sale$1,150,000$339/sqft
        Source: REcolorado as distributed by MLS GRID #8359411 Report a problem
        3/2/2026Listed for sale$1,150,000+365.6%$339/sqft
        Source: REcolorado as distributed by MLS GRID #7801946 Report a problem
        12/29/2011Sold$247,000-3.1%$73/sqft
        Source: Public Record Report a problem
        12/7/2011Listed for sale$254,900$75/sqft
        Source: Keller Williams Realty DTC #1034907 Report a problem
        9/29/2011Listing removed$254,900$75/sqft
        Source: Keller Williams Realty DTC #1034907 Report a problem
        9/24/2011Pending sale$254,900$75/sqft
        Source: Keller Williams Realty DTC #1034907 Report a problem
        9/14/2011Listed for sale$254,900-30.9%$75/sqft
        Source: foreclosure.com Report a problem
        7/14/2006Sold$369,000+23%$109/sqft
        Source: Public Record Report a problem
        9/4/2002Sold$300,000+25%$88/sqft
        Source: Public Record Report a problem
        7/9/1999Sold$240,000$71/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,616 -14.4%$41,274 -11.3%
        2024$4,226 +31.3%$46,524
        2023$3,218 -3.7%$46,524 +25%
        2022$3,343 -2.2%$37,229 -4.9%
        2021$3,416 $39,145 -2.7%
        2020$3,416 +1.4%$40,214
        2019$3,368 +46.6%$40,214 +51.1%
        2018$2,297 $26,613
        2017$2,297 -0.2%$26,613 -2.1%
        2016$2,302 $27,190
        2015$2,302 +9.6%$27,190 +15.3%
        2014$2,099 -2.6%$23,576
        2013$2,156 +2.2%$23,576 -3.8%
        2012$2,108 -0.7%$24,508
        2011$2,122 +6.6%$24,508 -1.3%
        2010$1,991 -6.5%$24,830 +6.5%
        2009$2,129 +0.2%$23,310 -6.3%
        2008$2,124 -4.3%$24,880
        2007$2,220 0%$24,880 -3.3%
        2006$2,221 +5.6%$25,720 +8.2%
        2005$2,102 +9.6%$23,780
        2004$1,918 -3.9%$23,780
        2003$1,997 +1.6%$23,780 -2.5%
        2002$1,965 +8.4%$24,390 +19.1%
        2001$1,813 -1%$20,470
        2000$1,831 $20,470
        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.
        See how much you could borrow to make a competitive offer.

        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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