$5,200,000

1037 12th St Boulder, CO 80302

University Hill Neighborhood

Estimated payment $28,977/month

Total Views 4,978
13 Beds
9 Baths
3,800 Sq Ft
$1,368 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Baseboard Heating
  • Flatirons Elementary School Rated A
  • Forced Air Heating System
  • 1-minute walk to Beach Park

About This Home

A 13-bed student housing property situated in the heart of The Hill, offering strong rental demand, consistent cash flow, and close proximity to the University of Colorado and downtown Boulder.

Listing Agent

Brian Mannlein

Cushman & Wakefield Listed on: 03/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,834

Year Built

  • Built in 1895

Lot Details

  • 6,235 Sq Ft Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Down Draft Cooktop

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Bathrooms

Schools

  • Flatirons Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0006058

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • University Place Subdivision

Building Details

  • Gross Income $300,228
  • Net Operating Income $252,124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,834

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Inclusions: Window Coverings,Electric Range/Oven,Gas Range/Oven,Down-draft Range,All Appliances
  • Year Built: 1895
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: University Place
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3800
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Down Draft, All Appliances
  • Has Basement: Crawl Space
  • Total Bedrooms: 13
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Disclosures: No Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Wall/Window Unit(s)
  • Electric: Electric
  • Heating: Forced Air, Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Water Source: City Water, Boulder
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Flatirons
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: RH-5
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 6235
  • Parcel #: R0006058
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 18834

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 300228
  • Income Includes: ["Lease/Rents","Common Area Fees"]
  • Total Actual Rent: 23605

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 For Sale $5,250,000 +1.0% $1,638 / Sq Ft
03/10/2025 03/10/25 For Sale $5,200,000 -- $1,368 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1033773

IRES MLS

APN: 1463-31-3-07-016

Colorado Boulder County Boulder 80302 University Hill

1037 12th St, Boulder, CO

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information 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.

Information deemed reliable but not guaranteed by the MLS.

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Brian Mannlein
Listing Agent
Brian Mannlein
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Cushman & Wakefield
(970) 402-8783