16680 W 11th Avenue
Golden, CO, 80401 $ 850,000
Bedrooms7 Baths5.0 Sq 2,300 Monthly Estimate*
$ 5,234
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
for $850,000 with 7 bedrooms and 5 full baths. This 2,300 square foot home was built in 1950.
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.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Other
Roof Unknown
Zoning R-2
Garage Spaces 0
Construction Materials Frame
Exclusions n/a
Year Built 1950
Levels One
Property Subtype Quadruplex
Tax Year 2024
Ownership Individual
County Jefferson
Property Type Residential Income
HOA N
Attached Garage N
Contingency None Known
Subdivision Name n/a
Status Pending
High School Golden
City Golden
Senior Community Y/N N
High School District Jefferson County R-1
Carport Spaces 0
Listing Terms Cash Conventional
Elementary School Red Rocks
Tax Annual Amount 2601
Middle/Junior High School Bell
Structure Type Quadruplex
Standard Status Pending
Occupancy Type Owner
Middle/Junior School District Jefferson County R-1
Elementary School District Jefferson County R-1
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ExteriorTotal Parking 10
Building Area Total 2300
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InteriorBasement (Y/N) N
Above Grade Finished Area 2300
Total Bedrooms 7
Total Baths 5
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* Excluded FeaturesList ByMarcus & Millichap Real Estate Investment Services Of Atlanta, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $5,234
- Monthly Property Taxes
- $217
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Golden, CO
Average List Price $972,857
Percent of Sale Price 14%
About Golden, CO 21,030 Population
22% Since 2002
$ 66,642 Median Income
35.48 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
3043391 Elementary School
1955854 Middle School
Golden High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/31/2026 | $850,000 | | Listed Price |