Golden Triplex: Investment
For Sale
$995,000
1621 Salvia Street, Golden, CO 80401
Well-located triplex in Golden with strong rental demand.
Property Size3,324 SF
Price / SF$299.34
Days on Market179
Property Features for 1621 Salvia Street
General Information
Standard status
Active
Size
3,324 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$3,616
Building Details
Year Built
1965
Listing Agency:
McClure and Associates
(720) 434-5228
Listed By:
Robby C McClure II · License #040015149
(720) 434-5228
Source:
Exitrealty
Added: Feb 26
Changed: Aug 23
Last Checked: Aug 24 at 3:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McClure and Associates
Investment Insights
Based on property information with market context.
This triplex in Golden presents an opportunity for both owner-occupants and long-term investors. The property is located in a desirable neighborhood with consistent rental demand due to its proximity to the Colorado School of Mines, Downtown Golden, NREL, and trail access. The property features a versatile unit mix with strong in-place rents. Unit 2 includes hardwood floors and a dedicated office space with a separate entrance, making it suitable for an owner-occupant seeking work-from-home functionality or a private practice while generating income from the additional units. The remaining units offer stable tenancy and continued upside in one of Golden’s strongest rental corridors. Two units have private yards, and the exterior landscaping has been professionally xeriscaped for low maintenance. The property underwrites to an approximate mid-5% cap rate. An adjacent triplex is also available, presenting an opportunity to acquire one or both properties for expanded scale, portfolio growth, or long-term hold. The location provides access to outdoor recreation, connectivity to downtown amenities, and attracts students, professionals, and long-term residents. The bike score is 66, indicating it is bikeable, the walk score is 0, indicating it is somewhat walkable, and the transit score is 32, indicating some transit is available.
Key Highlights
- Rare triplex opportunity in a highly desirable Golden location.
- Strong rental demand due to proximity to Colorado School of Mines, Downtown Golden, NREL, and trails.
- Unit 2 features hardwood floors and a dedicated office with separate entrance, ideal for owner‑occupant.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 80401, CO
41,913
Population
17,762
Households
2.4
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
49.1 sq mi
ZIP Area
854
Density / Sq Mi
$112,444
Median Household Income
$53,936
Median Earnings
$1,868
Median Rent
$748,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-located triplex in Golden with strong rental demand.
Where is this triplex located?
The property is located at 1621 Salvia Street Golden, CO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Rare triplex opportunity in a highly desirable Golden location.; Strong rental demand due to proximity to Colorado School of Mines, Downtown Golden, NREL, and trails.; Unit 2 features **hardwood floors and a dedicated office with separate entrance**, ideal for owner‑occupant.
