Address
16680 W 11th Avenue, Golden, CO
Price
$ 805,000
Property Attributes
- MLS#6403643
- TypeMulti-Family
- Listing Status Active
- CountyJEFFERSON
- CityGolden
- NeighborhoodGolden Pines
- Zip80401
- StyleQuadruplex
- Year Built1950
- Taxes$ 4004
- Price$ 805,000
- Bedrooms7
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage2300
Data Source:
REColorado (MTOMLS)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Foothills Elementary School | Bell Middle School | Golden High School |
| Price History | |
|---|---|
| 9/16/2026 | Listed $805,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Other |
| Roof | Unknown |
| Zoning | R-2 |
| Construction Materials | Frame |
| Exclusions | n/a |
| Year Built | 1950 |
| Levels | One |
| Property Subtype | Quadruplex |
| Tax Year | 2025 |
| Ownership | Individual |
| County | Jefferson |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Golden Pines |
| Status | Active |
| High School | Golden |
| City | Golden |
| Senior Community Y/N | No |
| High School District | Jefferson County R-1 |
| Listing Terms | Cash,Conventional,Other |
| Elementary School | Foothills |
| Tax Annual Amount | 4004 |
| Middle/Junior High School | Bell |
| Structure Type | Quadruplex |
| Standard Status | Active |
| Occupancy Type | Owner |
| Middle/Junior School District | Jefferson County R-1 |
| Elementary School District | Jefferson County R-1 |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Above Grade Finished Area | 2300 |
| Total Bedrooms | 7 |
| Total Baths | 5 |
Exterior Features
| Total Parking | 10 |
|---|---|
| Building Area Total | 2300 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 80401
Price
Taxes
Year Built
Visits
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 Luxe Haven Realty LLC 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. September 27, 2026 2:23 PM UTCd
