$1,695,000
$55K PRICE DROP

2221 Columbine Ave Boulder, CO 80302

University Hill Neighborhood

Estimated payment $9,827/month

Total Views 3,120
5 Beds
2 Baths
1,593 Sq Ft
$1,064 Price per Sq Ft

Highlights

  • City View
  • Open Floorplan
  • No HOA
  • Creekside Elementary School Rated A
  • Cathedral Ceiling
  • Cottage

About This Home

INVESTMENT PROPERTY. FULLY REMODELED. ONLY 2 BLOCKS FROM CU. BEST CAP RATE IN TOWN! RENTED at $9,250/M for 2025/26 school year. Now a 5-Bedroom, 2-Bathroom contemporary home, designed specifically for student living, the new layout maximizes space and functionality, creating the perfect blend of comfort and convenience. Excellent location right by CU, The Hill and downtown Boulder less than 5 minutes away; dining, shopping, & entertainment are always within easy reach. The open-concept living room and kitchen with vaulted ceilings and all new appliances, foster a dynamic, social atmosphere ideal for communal interaction. A detached den/playroom provides a versatile space for entertainment, relaxation, or study (foosball table and fridge included!). Every detail of this home has been updated including new flooring, drywall, insulation, interior and exterior paint, modern lighting, updated electrical and plumbing, and completely new bathrooms and kitchen. All permits approved by the City of Boulder. New washer-dryer unit adds extra convenience, making everyday living even easier. The property also features a sprinkler system to keep the landscaping lush and green. PLENTY OF PARKING, with a large 1 car-garage, 3 designated off-street parking spaces and plenty of on-street parking typically available. Designed for durability and LOW COST MAINTENANCE, this home is an excellent investment opportunity with a great Cap Rate. Plus, TENANTS PAY ALL UTILITIES and trash. This property checks all the boxes as a perfect student rental. Schedule a showing today!

Listing Agent

Michael Rothschild

Live West Realty Listed on: 04/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,596

Year Built

  • Built in 1922

Lot Details

  • 6,847 Sq Ft Lot
  • Property fronts an alley
  • South Facing Home
  • Southern Exposure
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • City Views
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Alley Access

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

  • Creekside Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • Cooling Available
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0006536

Community Details

Overview

  • No Home Owners Association
  • Interurban Park Subdivision

Amenities

  • Recreation Room
  • Laundry Facilities

Building Details

  • Gross Income $111,000
  • Net Operating Income $103,454

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,596

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Inclusions: Window Coverings,Gas Range/Oven,Self-Cleaning Oven,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer,Microwave,Disposal,Smoke Alarm(s)
  • Year Built: 1922
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Interurban Park
  • Directions: From the intersection of Broadway and Baseline, go West on Baseline and immediately Turn Left on 22nd St and again Turn Left onto Columbine Ave. The property will be 1/2 a block on your left hand side.
  • Architectural Style: Cottage/Bung, Ranch
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Southern Exposure, HVAC
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1593
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: Unfinished
  • Total Bedrooms: 5
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan, Kitchen Island
  • Window Features: Window Coverings, Double Pane Windows

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Direction Faces: South
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access
  • Total Parking Spaces: 3

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel Energy
  • Heating: Hot Water, Baseboard, Radiant
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Community Features: Recreation Room
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Creekside,University Hill
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: RES
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 6847
  • Parcel #: R0006536
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5596

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 111000
  • Income Includes: ["Parking"]
  • Annual Operating Expense: 7546
  • Total Actual Rent: 8750

Map

Range of Values:

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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 $5,596 $76,175 $57,669 $18,506
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $1,695,000 -3.1% $1,064 / Sq Ft
04/09/2025 04/09/25 For Sale $1,749,500 0.0% $1,098 / Sq Ft
04/09/2025 04/09/25 Price Changed $1,749,500 +112.6% $1,098 / Sq Ft
10/25/2024 10/25/24 Sold $823,000 -4.3% $517 / Sq Ft
09/30/2024 09/30/24 For Sale $860,000 -- $540 / Sq Ft
Source: IRES MLS

Purchase History

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: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Previous Owner $294,000 New Conventional
Previous Owner $300,000 New Conventional
Source: Public Records

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Source: IRES MLS

MLS Number: 1030153

IRES MLS

APN: 1577061-05-005

Colorado Boulder County Boulder 80302 University Hill

2221 Columbine Ave, Boulder, CO

This home is located at 2221 Columbine Ave, Boulder, CO 80302 and is currently priced at $1,695,000, approximately $1,064 per square foot. This property was built in 1922. 2221 Columbine Ave is a home located in Boulder County with nearby schools including Creekside Elementary School, Manhattan Middle School of the Arts & Academics, and Boulder High School.

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.

IRES MLS 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.

Nearby Homes
Michael Rothschild
Listing Agent
Michael Rothschild
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Live West Realty
(720) 330-8694