Golden CO Multifamily Investment
403 23rd St, Golden, CO 80401
Eleven-unit apartment community near Colorado School of Mines.
Type:Multifamily
Property size:
6,220 SFLot size:
0.60 AcresPrice / SF:
$428/SF- Added:
- Jan 27, 2026
- Days on Market:
- 124
- Last Refresh:
- Apr 5 at 11:43 pm
Property Features for 403 23rd St
General Information
- Standard status
- Active
- Size
- 6,220 SF
- Lot size
- 0.60 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1929
Listing agent Jim Knowlton License #FA100032419 (303) 962-9543
Listing office Pinnacle Real Estate Advisors (303) 962-9543
Listing date Jan 27, 2026
Source Pinnaclerea
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 Pinnacle Real Estate Advisors
HighLights
- Assumable financing available at a low 4.2% for the next 6 years.
- Proven investment with low vacancy and low turnover, indicating stable income.
- Proximity to the Coors Redevelopment Project at Clayworks (1.5 miles), promising future appreciation and tenant demand.
- Updated units (6 fully renovated) enhance appeal and reduce immediate capital expenditure.
- Prime location: one block from Natural Grocers and a 10‑minute walk to the Colorado School of Mines.
- New roofs installed in 2018, minimizing near‑term maintenance costs.
Overview
Located in Golden, Colorado, this property features an 11-unit apartment community consisting of three buildings on a 26,250 square foot parcel. The unit mix includes three 2-bedroom/1-bath units and eight 1-bedroom/1-bath units. The property is fully occupied with near-zero annual vacancy and low turnover, housing mostly young professionals working in Golden and students from the Colorado School of Mines. All units have been updated, with six fully renovated. New roofs were installed in 2018. The property is located 1.5 miles from the Coors redevelopment project at Clayworks, which will add 1.2 million square feet of new office, residential, hotel, and retail space to the area. The property is one block from Natural Grocers and a 10-minute walk to the School of Mines campus. The area offers a blend of historic charm and modern amenities, with proximity to the Colorado School of Mines, Clear Creek, Clear Creek History Park, and North Table Mountain. The lively downtown area provides dining, shopping, and entertainment options. The property consists of a 5-Plex, 4-Plex, and Duplex.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Golden
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.244
- Latitude
- 39.7164
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eleven-unit apartment community near Colorado School of Mines.
Where is this apartment building located?
The property is located at 403 23rd St Golden, CO.
What is the asking price?
The asking price for this property is $2,662,500.
What are key features of this property?
This property features: Assumable financing available at a low 4.2% for the next 6 years.; Proven investment with low vacancy and low turnover, indicating stable income.; Proximity to the Coors Redevelopment Project at Clayworks (1.5 miles), promising future appreciation and tenant demand.
