Seller's Agent in 2025
Stacy Robinson
Robinson Investment Co., Inc.
(303) 817-8345
4 in this area
10 Total Sales
1511 Broadway St Boulder, CO 80302
University Hill Neighborhood
--
Bed
--
Bath
3,582
Sq Ft
7,056
Sq Ft Lot
Highlights
- Deck
- No HOA
- Patio
- Flatirons Elementary School Rated A
- Balcony
- 4-minute walk to Central Park
About This Home
As of October 2025Back on the market due to buyer financing - not due to any fault of the seller or the property. This rare investment opportunity on Boulder's coveted Hill has BT-2 zoning - allowing commercial or residential improvements. Currently used as a powerhouse residential rental, this multi-family property is listed well below its recent $3.46 million appraisal. An exceptional performer with 7.09 CAP rate and 13.09 GRM, the property has a flawless occupancy record and secured rental income through August 2026. The property is ideally positioned just a one block to CU Boulder and 5 blocks to Pearl Street, directly across from the brand new beautifully curated Limelight Hotel & Conference Center. Set on an expansive lot stretching from Broadway to the alley, the property offers unparalleled outdoor space and convenience with parking for 10+ vehicles. The exterior has been freshly painted, with new decking on the covered front porch and a flagstone patio perched above Broadway. A spacious rear patio and an upper-level balcony provide additional outdoor living options. Inside, the residence functions beautifully as a legal 4-plex yet lives like a grand single home. Currently configured as 12 bedrooms, 4 bathrooms, and 3 kitchens across three levels - each with its own kitchen - there's ample flexibility to tailor the layout to your vision. A substantial living room offers the potential for an additional bedroom or entertainment space. Recent updates include a new water heater (2024), two new washers and dryers in the shared laundry, and durable hard-surface flooring in common areas. Attractive BT-2 zoning which means there is the possibility for commercial development here. Bring you vision and take advantage of the solid residential investment or design a commercial property that will serve this booming area of the Hill for years to come.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,311
Year Built
- Built in 1907
Lot Details
- 7,056 Sq Ft Lot
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,582 Sq Ft Home
- 3-Story Property
- Window Treatments
- Fire and Smoke Detector
Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Parking
- 10 Parking Spaces
- Alley Access
Outdoor Features
- Balcony
- Deck
- Patio
- Exterior Lighting
Schools
- Flatirons Elementary School
- Manhattan Middle School
- Boulder High School
Utilities
- Hot Water Heating System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $18,312
- Tenant pays for deposit, gas, electricity, water, sewer, trash collection
- Assessor Parcel Number R0003360
Community Details
Overview
- No Home Owners Association
- 4 Units
- Grand View Heights Subdivision
Building Details
- Gross Income $232,944
- Net Operating Income $216,336
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Sold | $2,982,000 | -2.2% | $832 / Sq Ft |
| 07/21/2025 07/21/25 | Price Changed | $3,050,000 | 0.0% | $851 / Sq Ft |
| 07/21/2025 07/21/25 | For Sale | $3,050,000 | +2.3% | $851 / Sq Ft |
| 07/20/2025 07/20/25 | Off Market | $2,982,000 | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $3,150,000 | -- | $879 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Stacy Robinson
-
Cory Robinson
C
Seller Co-Listing Agent in 2025
Cory Robinson
Robinson Investment Co., Inc.
(720) 352-4722
2 in this area
4 Total Sales
-
Tara Armijo
Buyer's Agent in 2025
Tara Armijo
milehimodern - Boulder
(303) 941-0010
2 in this area
25 Total Sales
Map
Source: IRES MLS
MLS Number: 1035830
APN: 1463-31-2-25-005
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.
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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