$3,750,000
SOLD APR 24, 2026
22 Beds
22 Baths
12,300 Sq Ft
0.32 Acres Lot

Sale Details

Date Sold: April 24, 2026

$305 Per Sq Ft

5 Days on Market

Highlights

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

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Kevin Schill

5814 Realty LLC Brokerage Phone: 3035792694 License #100031771 Listed on: 02/18/2026

Last Buyer's Agent

Jay Hebb

The Agency - Boulder License #40036182

The Agency - Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,826

Year Built

  • Built in 1971

Lot Details

  • 13,939 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 17 Parking Spaces

Home Design

  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 12,300 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Views of Hills

Kitchen

  • Electric Range
  • 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

  • Tenant pays for deposit, electricity
  • 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"]
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2026 04/24/26 Sold $3,750,000 0.0% $305 / Sq Ft
02/23/2026 02/23/26 Pending -- -- --
02/18/2026 02/18/26 For Sale $3,750,000 -- $305 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $30,783 $341,122 $81,838 $259,284
2025 $30,783 $341,122 $81,838 $259,284
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

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE1051842

IRES MLS

APN: 1463-30-4-24-008

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