$3,750,000
PENDING

Estimated payment $22,164/month

Total Views 885
22 Beds
22 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.32 Acre Lot
  • No HOA
  • 4-minute walk to Emma Gomez Martinez Park
  • Whittier Elementary School Rated A-
  • Baseboard Heating

About This Home

Prime investment opportunity in the heart of Downtown Boulder! This well-maintained 11-unit apartment building offers exceptional buyer upside in one of Colorado's most sought-after locations. Situated just one block from Pearl Street and a short bike ride to CU's main campus, each spacious 880 square foot unit features 2 bedrooms and 2 bathrooms-perfect for students and young professionals. Recent capital improvements include two newer boilers and a new shingled roof. With its unbeatable location, strong rental demand from the university and service industry, and proven income stream, this property presents a rare chance to acquire a multifamily asset in Downtown Boulder's competitive market. 17 total off-street parking spaces, 11 assigned with 6 additional flex spaces on the north side. All leases end July 31st, 2026.

Listing Agent

Kevin Schill

5814 Realty LLC Brokerage Phone: 3035792694 Listed on: 02/18/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,826

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot

Parking

  • 17 Parking Spaces

Home Design

  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • Fireplace Features Masonry
  • Dishwasher

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 22 Bathrooms

Schools

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0005215

Community Details

Overview

  • No Home Owners Association
  • 11 Units
  • Boulder O T East & West & North Subdivision

Building Details

  • Gross Income $213,600
  • Net Operating Income $137,293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,826

Year Built

Built in 1971

Lot Details

0.32 Acres

Listing Details

  • Year Built: 1971
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Road Frontage Type: City Street
  • Subdivision Name: Boulder O T East & West & North
  • Directions: From Folsom, drive west on Walnut to the property.
  • Unit Levels: Three Or More
  • New Construction: No
  • Attribution Contact: 3035792694
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 22
  • Fireplace Features: Masonry

Exterior Features

  • Roof: Composition, Rubber
  • Lot Features: Paved
  • View: Hills
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Construction Type: Frame, Brick

Garage/Parking

  • Total Parking Spaces: 17

Utilities

  • Electric: Xcel
  • Heating: Hot Water, Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: RH2
  • Parcel #: R0005215
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 31826

Multi Family

  • Number Of Units Total: 11
  • Annual Gross Income: 213600
  • Income Includes: ["Lease/Rents"]

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,826 $313,532 $75,219 $238,313
2024 $31,826 $313,532 $75,219 $238,313
2023 $31,246 $352,259 $90,530 $265,414
2022 $23,400 $243,100 $56,508 $186,592
2021 $22,827 $255,613 $59,417 $196,196
2020 $20,401 $234,378 $59,417 $174,961
2019 $20,089 $234,378 $59,417 $174,961
2018 $17,791 $205,200 $37,584 $167,616
2017 $17,234 $253,526 $60,496 $193,030
2016 $13,714 $158,420 $41,551 $116,869
2015 $12,986 $140,335 $66,307 $74,028
2014 $14,853 $176,656 $66,307 $110,349
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2026 02/23/26 Pending -- -- --
02/18/2026 02/18/26 For Sale $3,750,000 -- --
Source: IRES MLS

Source: IRES MLS

MLS Number: IRE1051842

IRES MLS

APN: 1463-30-4-24-008

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