$2,100,000

Estimated payment $12,006/month

Total Views 138
6 Beds
4 Baths
2,526 Sq Ft
$831 Price per Sq Ft

Highlights

  • Spa
  • Open Floorplan
  • Wood Flooring
  • Whittier Elementary School Rated A-
  • Contemporary Architecture
  • Corner Lot

About This Home

Great investment property - fully leased Duplex- tenants are already in place and rented into the month of August 2026! Present Gross Operating Income of $83,160. Built 1910. Effective year built 1990. Unit A sports classic charm w/ High Ceilings. Ideally located on Large Corner Lot- Folsom & Mapleton. Sun-Drenched Spacious Living Area w/ Bay Windows. Total 6 Bed. 3 Bed/2 Bath unit in front with 2 private outside entrances, 3 Bed/2 Bath rear unit with 2 private outside entrances. Large Bedrooms. Seven (7) off-street Parking Spaces. All Beds located ABOVE ground level. Featuring: Granite countertops Unit A & B, Updated bathrooms, jetted tubs, New double pane windows-Unit B (2023) and New Interior Paint -Units A & B (2025), all Exterior Doors Painted (2025), Center Island. Unit B -2nd level is Spacious& Open, offering Foothills Views & abundant natural light. Each Unit offers the convenience of it's own Washer &Dryer. Separate meters for electric/gas. Outside Storage Unit for bikes, suitcases, skis, skate boards. Bike Rack to lock your bicycles. Walk/Bike to Google, Pearl Street Mall, University, restaurants, grocery, University Hill. Smart Reg Certification in place. Owner considering redevelopment. Net zero lease-tenants pay trash, water/sewer/gas,/electric/grounds. Approximate GOI upcoming school year $91,800, making it a compelling choice for investors seeking a reliable income stream in a thriving college town. If you're looking for an investment property that's easy to acquire and put to good use, look no further!

Listing Agent

Cheryl Shatz

RE/MAX Alliance-Boulder Listed on: 09/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,988

Year Built

  • Built in 1910

Lot Details

  • 7,097 Sq Ft Lot
  • Southern Exposure
  • Corner Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Cottage
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,526 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Wood Flooring
  • Crawl Space
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • Alley Access

Outdoor Features

  • Spa
  • Outdoor Storage

Schools

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

Utilities

  • Humidity Control
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0000117

Community Details

Overview

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

Amenities

  • Community Storage Space

Recreation

  • Hiking Trails

Building Details

  • Gross Income $86,400
  • Net Operating Income $70,412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,988

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Inclusions: Window Coverings,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer,Jetted Bath Tub,Disposal
  • Year Built: 1910
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Boulder O T East & West & North
  • Directions: From Araphahoe and Folsom--North on Folsom - East on Mapleton - Property is on the SE Corner of Folsom and Mapleton.
  • Architectural Style: Cottage/Bung, Contemporary/Modern, Ranch
  • Unit Levels: One, Two
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2526
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family, Additional Units
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Crawl Space
  • Total Bedrooms: 6
  • Entry Location: Outside Entry
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Shared Baths, Outside Entry, Kitchen Island, 9ft+ Ceilings, Crown Molding
  • Window Features: Window Coverings, Bay Window(s), Double Pane Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalks, Corner Lot
  • View: Foothills View
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Direction Faces: North,Southwest
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Garage/Parking

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

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel
  • Heating: Humidity Control
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Community Features: Extra Storage, Hiking/Biking Trails
  • 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: RMX1
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 7097
  • Parcel #: R0000117
  • Irrigation Water Rights: No

Rental Info

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

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10988

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 86400
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 15988

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

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 For Sale $2,100,000 +140.0% $831 / Sq Ft
06/07/2020 06/07/20 Off Market $875,000 -- --
04/28/2014 04/28/14 Sold $875,000 +3.0% $346 / Sq Ft
03/29/2014 03/29/14 Pending -- -- --
05/02/2013 05/02/13 For Sale $849,500 -- $336 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1043685

IRES MLS