2535 Spruce St Boulder, CO 80302
Whittier NeighborhoodEstimated payment $18,544/month
Total Views
248
12
Beds
8
Baths
4,280
Sq Ft
$748
Price per Sq Ft
Highlights
- Popular Property
- No HOA
- Forced Air Heating and Cooling System
- Whittier Elementary School Rated A-
About This Home
Discover a rare multi-family opportunity in the heart of Boulder! This well-maintained fourplex offers four spacious 3-bedroom, 1.5-bathroom units, each thoughtfully designed for comfortable living. With generous floorplans, private entrances, and functional layouts, each unit is ideal for long-term tenants or potential owner-occupancy.
Perfectly situated just minutes from Pearl Street, Google’s Boulder campus, 29th Street Mall, and the city’s best dining, shopping, and outdoor recreation, this property boasts a location that will attract strong rental demand year-round. Tenants enjoy easy access to bike paths, public transportation, and top-rated Boulder Valley schools.
Current rental income provides immediate cash flow, with significant upside potential through updates or market adjustments. Off-street parking and on-site laundry add convenience for residents, while mature landscaping enhances curb appeal.
Whether you’re looking to expand your portfolio, complete a 1031 exchange, or invest in Boulder’s thriving rental market, 2535 Spruce St is a prime opportunity not to be missed.
Highlights:
Four spacious units, each with 3 bedrooms & 1.5 bathrooms
Highly desirable central Boulder location
Close to Pearl Street, Google, parks, and bike paths
Consistent rental history with upside potential
Off-street parking & on-site laundry
Excellent walkability & transit access
Listing Agent
ERA New Age Brokerage Email: shelby@newagere.com,720-387-5262 License #100071017 Listed on: 08/21/2025
Co-Listing Agent
ERA New Age Brokerage Email: shelby@newagere.com,720-387-5262 License #40042856
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,293
Year Built
- Built in 1989
Lot Details
- 7,240 Sq Ft Lot
Parking
- 5 Parking Spaces
Home Design
- Quadruplex
- Frame Construction
- Composition Roof
Interior Spaces
- 4,280 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Schools
- Whittier Int'l Elementary School
- Casey Middle School
- Boulder High School
Utilities
- Forced Air Heating and Cooling System
- Mini Split Air Conditioners
Listing and Financial Details
- Exclusions: tenants personal property
- Property held in a trust
- The owner pays for grounds care, trash collection, water
- Assessor Parcel Number R0003308
Community Details
Overview
- No Home Owners Association
- Pine Street Subdivision
Building Details
- Operating Expense $22,047
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $3,200,000 | +14.3% | $748 / Sq Ft |
| 07/28/2022 07/28/22 | Off Market | $2,800,000 | -- | -- |
| 04/29/2022 04/29/22 | Sold | $2,800,000 | -3.4% | $1,308 / Sq Ft |
| 04/05/2022 04/05/22 | For Sale | $2,900,000 | +3.6% | $1,355 / Sq Ft |
| 03/31/2022 03/31/22 | Off Market | $2,800,000 | -- | -- |
| 09/27/2021 09/27/21 | For Sale | $2,900,000 | +151.7% | $1,355 / Sq Ft |
| 01/28/2019 01/28/19 | Off Market | $1,152,000 | -- | -- |
| 08/31/2015 08/31/15 | Sold | $1,152,000 | +21.3% | $538 / Sq Ft |
| 08/01/2015 08/01/15 | Pending | -- | -- | -- |
| 06/08/2015 06/08/15 | For Sale | $950,000 | -- | $444 / Sq Ft |
Source: REcolorado®
Similar Homes in Boulder, CO
Source: REcolorado®
MLS Number: 6522469
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