$3,300,000

Estimated payment $19,658/month

Total Views 5,833
10 Beds
8 Baths
4,314 Sq Ft
$765 Price per Sq Ft

Highlights

  • No HOA
  • Patio
  • Wall Furnace
  • Whittier Elementary School Rated A-
  • Partially Fenced Property
  • 3-minute walk to Boulder Central Park

About This Home

Beautiful, Downtown Boulder, 7 unit property! Originally built in 1920 with an effective age of 1975. One four bedroom, two bath home in front and three one bedroom one bath/three studio units in the back of the property. Amazing location only blocks from CU, Boulder Creek, Boulder Canyon, The Hill, and Pearl Street. Gorgeous courtyard, off street parking. Amazingly Maintained, renovated and runs consistently with 100% occupancy. All major structural components have been replaced and all units updated. A must have in any market!

Listing Agent

Bob Chambers

RE/MAX Alliance-Boulder Listed on: 03/08/2025

RE/MAX Alliance-Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,538

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 4,314 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Parking

  • 7 Parking Spaces
  • Alley Access

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Whittier Elementary School
  • Casey Middle School
  • Boulder High School

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for deposit, parking fee
  • Assessor Parcel Number R0007994

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Central Boulder Apartments Subdivision

Building Details

  • Gross Income $200,000
  • Net Operating Income $154,462

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,538

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Inclusions: No Units Furnished,All Appliances
  • Year Built: 1920
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Central Boulder Apartments
  • Directions: Take get 36 north to Arapaho, turn left. Arapaho to 15th, turn right. Property will be on the left (west) side of 15th.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4314
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: Crawl Space
  • Total Bedrooms: 10

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Fenced
  • Lot Features: Curbs, Sidewalks, Fire Hydrant within 500 Feet
  • View: No
  • Waterfront: No
  • Disclosures: No Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame, Stone
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access
  • Total Parking Spaces: 7

Utilities

  • Electric: Electric, Xcel
  • Heating: Wall Furnace
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Whittier
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Casey

Lot Info

  • Zoning: DT-1
  • Land Lease Amount Frequency: Fixed Term
  • Lot Size Sq Ft: 7405
  • Parcel #: R0007994
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Parking Fee

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 20538

Multi Family

  • Number Of Units Total: 7
  • Number Of Units Furnished: None
  • Annual Gross Income: 200000
  • Annual Operating Expense: 45538
  • Total Actual Rent: 14700

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 For Sale $3,300,000 +69.2% $765 / Sq Ft
01/28/2019 01/28/19 Off Market $1,950,000 -- --
08/25/2017 08/25/17 Sold $1,950,000 -2.5% $452 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $2,000,000 -- $464 / Sq Ft
Source: IRES MLS

Similar Homes in Boulder, CO

  • 508 Pearl St, Boulder, CO 80302

    $3,000,000

    • 8 Beds
    • 4 Baths
    • 3,247 Sq Ft
    • 508 Pearl St
    • Boulder, CO

    CBRE is pleased to present 508 Pearl St, a four-unit apartment building in Boulder, Colorado. The property was constructed in 1876 and features four two-bedroom, one-bathroom units with in-unit laundry hookups. Approximately $500k in exterior and interior renovations have been completed. Three of the four units have dishwashers, and the building has been completely renovated inside and out. The

    Charlie Mitelhaus CBRE, Inc.

    Section Image
  • 2535 Spruce St, Boulder, CO 80302

    $3,200,000

    • 12 Beds
    • 8 Baths
    • 4,280 Sq Ft
    • 2535 Spruce St
    • Boulder, CO

    Discover a rare multi-family opportunity in the heart of Boulder! This well-maintained fourplex offers four spacious 3-bedroom, 1.5-bathroom units, each thoughtfully designed for comfortable living. With generous floorplans, private entrances, and functional layouts, each unit is ideal for long-term tenants or potential owner-occupancy.Perfectly situated just minutes from Pearl Street,

    Shelby Foster ERA New Age

    Section Image
  • 879 19th St Unit 881, Boulder, CO 80302

    $3,100,000

    • 10 Beds
    • 4 Baths
    • 2,880 Sq Ft
    • 879 19th St
    • Unit 881
    • Boulder, CO

    Turn-key and teeming with potential! This Prime investment property sits right on the edge of CU's buzzing campus, nestled in one of University Hill's most coveted blocks. With smart upgrades, strong tenant demand, and solid rental returns, it's a ready-to-roll opportunity for your next portfolio win! RHL-00995550 Duplex + 4 Rooming Units. 879 is a three bed / 1 bath carriage house with

    Heidi Schamber Market Real Estate

    Section Image

Source: IRES MLS

MLS Number: 1028047

IRES MLS