Refine Search
Map
Sort by
$1,950,000
5283400 MLS
Prime Golden location near Colorado School of Mines, downtown shops and restaurants, and the trailheads that make this town a destination. Light, bright, and beautifully updated, with mountain views that never get old, this side-by-side, townhome-style quadplex delivers 12 bedrooms and 6 bathrooms across 5,473 square feet, split between two spacious 4-bedroom residences and two efficient 2-bedroom residences — a unit mix that gives owners genuine flexibility, whether the goal is a house-hack, a long-term rental portfolio addition, or a live-in-one-rent-the-rest strategy. Each multi-level home has its own private entrance and lives like a true single-family residence: an open main living area, a defined dining space, generously sized bedrooms, and smart separation between living and sleeping levels for privacy and everyday livability. Recent remodels have brought fresh, durable LVP flooring, updated cabinetry, new countertops, modern appliances, and refreshed bath finishes to every unit — turnkey condition that minimizes near-term capital expenditures and supports strong, stable rents. In-unit washers and dryers in all four residences add a sought-after tenant amenity while simplifying property operations and reducing common-area maintenance. Beyond the property line, foothills access and trail connectivity sit alongside easy proximity to Colorado School of Mines and Clear Creek recreation, plus quick regional routes — the combination that keeps rental demand and resale appeal strong in this submarket. Floor plans and a 3D tour are available for a closer look at layouts and finishes. Nearby Amenities White Ash Mine Park — approximately 0.3 mi Downtown Golden and Washington Avenue — approximately 1.0 mi Clear Creek recreation corridor — approximately 1.1 mi Colorado School of Mines — approximately 1.8 mi North Table Mountain West Trailhead — approximately 2.2 mi US-6 access — approximately 2.5 mi

331 N Columbine Street Unit A -D, Golden
$835,000
7 Beds ⋅ 5 Baths ⋅ 2191430 MLS
16680 W 11th Ave presents a rare opportunity to acquire a stabilized, cash-flowing multifamily asset in one of the tightest, highest-barrier submarkets in Colorado. With 100% occupancy, consistent rent collections, and a 6.67% in-place cap rate, the property delivers immediate yield rarely achievable in Golden’s small-multifamily segment. Current operations generate $56,674 NOI, with Year 1 NOI projected to climb to $64,011 through natural loss-to-lease burn-off, modest rent adjustments, and continued growth in utility bill-backs and ancillary revenue streams. This represents a 13% NOI increase with no major capital expenditure requirements. Rents average $1,300 ($2.83/SF) across efficient 1-BD and 2-BD layouts. Strong rent/SF performance reflects the dense renter demand of the submarket, yet the total rents remain $150–$300 below comparable Golden units, providing an easily captured mark-to-market runway. Comparable buildings across Ulysses, W 4th Ave, W 8th Pl, and Nevada routinely achieve $1,325–$1,750 depending on size and unit mix, creating a clear and documented revenue upside without repositioning or heavy renovation. Financing metrics are equally compelling: at a 6% interest rate and 65% LTV, buyers achieve Year 1 cash-on-cash of 10.37% and a 1.93 DCR, offering a strong cushion even under conservative economic expectations. Golden’s long-standing regulatory constraints, limited development pipeline, and affluent renter profile further reinforce the asset’s durability. With robust demographics, minimal new supply, proven rent depth, and consistent operational performance, 16680 W 11th Ave stands as one of the most secure and yield rich small-unit offerings available in the Denver metro today—ideal for private capital, 1031 buyers, and long-term operators seeking stable cash flow with upside.

16680 W 11 Avenue, Golden


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 Espi Agency, L.L.C. 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. IDX Terms and Conditions


The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.