2221 Columbine Ave Boulder, CO 80302
University Hill NeighborhoodEstimated payment $8,176/month
Highlights
- City View
- Open Floorplan
- No HOA
- Creekside Elementary School Rated A
- Cathedral Ceiling
- Cottage
About This Home
Full remodeled in 2025, this modern 5 bedrooms-2 bath house has an excellent location, only 2 blocks to CU campus, the Hill, and just minutes to vibrant Pearl St. With parking for 4 vehicles (1 Detached Garage + 3 Off-St) - a rare and highly valuable feature in this area - this is an excellent investment. For parents, this is a powerful financial move: instead of writing rent checks for 4 years and walking away with nothing, you can own the property, build equity, benefit from appreciation, and potentially offset expenses with rental income from roommates. Currently rented through July 31, 2027, the property generates strong income now, giving you time to plan ahead. The layout balances private bedrooms with inviting shared spaces. The open-concept kitchen and living area with vaulted ceilings and brand-new appliances creates an ideal environment for both studying and socializing. A detached den/playroom adds flexible space for entertainment, group projects, or quiet focus (foosball table and fridge included). Every major component was fully updated in 2025 - flooring, drywall, insulation, interior and exterior paint, lighting, electrical, plumbing, bathrooms, and kitchen - all permitted with the City of Boulder. New washer and dryer included. Sprinkler system in place for easy landscape maintenance. This place needs nothing. Parking is a major advantage: large 1-car detached garage, 3 designated off-street spaces, plus typically available on-street parking - a true differentiator for student households. For investors, the excellent location plus the numbers work: strong cash flow, tenants pay all utilities and trash, plus low-maintenance improvements throughout. Whether you're planning strategically for your student's college years or securing a proven income-producing asset in a premier location, this property offers immediate income and long-term wealth-building potential. Schedule your private showing today. Call or text me with any questions.
Listing Agent
Live West Realty Brokerage Phone: 7203264646 License #100053613 Listed on: 05/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,344
Year Built
- Built in 1922
Lot Details
- 6,970 Sq Ft Lot
- Southwest Facing Home
- Partially Fenced Property
- Paved or Partially Paved Lot
- Level Lot
- Sprinkler System
Parking
- 4 Parking Spaces
Property Views
- City
- Hills
Home Design
- Cottage
- Composition Roof
Interior Spaces
- 1,593 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Partial Basement
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
- Primary bathroom on main floor
Laundry
- Dryer
- Washer
Schools
- University Hill Elementary School
- Manhattan Middle School
- Boulder High School
Utilities
- Baseboard Heating
- Cable TV Available
Additional Features
- No Interior Steps
- Property is near bus stop
Listing and Financial Details
- Assessor Parcel Number R0006536
Community Details
Overview
- No Home Owners Association
- Interurban Park Subdivision
Building Details
- Gross Income $105,000
- Net Operating Income $95,280
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,344 | $94,622 | $62,744 | $31,878 |
| 2024 | $5,596 | $76,175 | $57,669 | $18,506 |
| 2023 | $5,498 | $70,370 | $58,759 | $15,296 |
| 2022 | $5,194 | $62,884 | $48,143 | $14,741 |
| 2021 | $5,568 | $64,693 | $49,528 | $15,165 |
| 2020 | $5,306 | $60,954 | $41,256 | $19,698 |
| 2019 | $5,225 | $60,954 | $41,256 | $19,698 |
| 2018 | $4,809 | $55,462 | $36,936 | $18,526 |
| 2017 | $4,658 | $61,316 | $40,835 | $20,481 |
| 2016 | $3,983 | $46,017 | $31,522 | $14,495 |
| 2015 | $3,772 | $37,372 | $15,522 | $21,850 |
| 2014 | $3,142 | $37,372 | $15,522 | $21,850 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $1,395,000 | +69.5% | $876 / Sq Ft | |
| 10/25/2024 10/25/24 | Sold | $823,000 | -4.3% | $517 / Sq Ft | View Prior Sale |
| 09/30/2024 09/30/24 | For Sale | $860,000 | -- | $540 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $823,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $95,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Deed | -- | -- |
Source: IRES MLS
MLS Number: IRE1058647
APN: 1577061-05-005
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Ask me questions while you tour the home.