$3,200,000

Estimated payment $18,679/month

Total Views 7,165
12 Beds
8 Baths
4,280 Sq Ft
$748 Price per Sq Ft

Highlights

  • No HOA
  • Whittier Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

Exceptional investment opportunity in one of Boulder’s most sought-after locations. Situated just minutes from Downtown Boulder, this well-maintained fourplex offers a rare combination of strong in-place income, long-term appreciation potential, and value-add upside in a market where multifamily inventory is exceedingly limited.
The property consists of four spacious 3-bedroom, 1.5-bathroom units with highly functional floor plans that continue to attract quality tenants year after year. Each unit features generous living space, private entrances, and layouts designed for long-term rental appeal. Off-street parking, on-site laundry, and mature landscaping further enhance tenant satisfaction and retention.
Located in the heart of Boulder, residents enjoy convenient access to Pearl Street, the University of Colorado, Google's Boulder campus, 29th Street, extensive bike paths, public transit, and countless outdoor recreation opportunities. The property's central location supports consistent rental demand and minimizes vacancy risk.
Current rents provide immediate income with additional upside potential through future renovations, operational efficiencies, or market rent adjustments. Whether you're looking to expand an existing portfolio, complete a 1031 exchange, or secure a premier asset in one of Colorado's strongest rental markets, this is an opportunity to acquire a high-demand multifamily property with both stability and growth potential.
Investment Highlights:
• Four 3-bedroom, 1.5-bathroom units
• Prime central Boulder location
• Strong and consistent rental demand
• Value-add and rental growth potential
• Off-street parking and on-site laundry
• Proximity to CU Boulder, Google, Pearl Street, and major employment centers
• Excellent walkability, bikeability, and transit access
• Rare multifamily asset in a supply-constrained market

Listing Agent

Shelby Foster

ERA New Age Brokerage Email: shelby@newagere.com,720-387-5262 License #100071017 Listed on: 06/08/2026

Co-Listing Agent

The Roberts Team

ERA New Age Brokerage Email: shelby@newagere.com,720-387-5262

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 $23,284

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,293

Year Built

Built in 1989

Lot Details

7,240 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 4280
  • Exclusions: tenants personal property
  • Living Area: 4280
  • SubdivisionName: Pine Street
  • Co List Office Mls Id: RECNARE1
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • REC_RVSpaces: 0
  • REC_AdditionalLivingStructureYN: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Total Bedrooms: 12

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 5
  • Unit Numberof Parking Per Unit: 1
  • Unit Numberof Parking Per Unit: 1
  • Unit Numberof Parking Per Unit: 1
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room, Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 23284.34

Schools

  • Middle Or Junior School: Casey

Lot Info

  • Parcel Number: R0003308
  • Lot Size Acres: 0.17
  • Building Area Total: 4280
  • Lot Size Sq Ft: 7240

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Grounds Care, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Internet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13293

Multi Family

  • Lease Expiration: 2027-07-31

MLS Schools

  • Elementary School: Whittier Int'l
  • High School: Boulder

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $15,868 $177,384 $58,684 $118,700
2025 $15,868 $177,384 $58,684 $118,700
2024 $13,293 $163,038 $53,938 $109,100
2023 $13,052 $147,661 $64,916 $86,430
2022 $11,982 $125,800 $40,528 $85,272
2021 $11,686 $132,276 $42,614 $89,662
2020 $9,709 $111,540 $42,614 $68,926
2019 $9,560 $111,540 $42,614 $68,926
2018 $9,051 $104,400 $27,432 $76,968
2017 $8,768 $122,982 $43,382 $79,600
2016 $6,654 $73,184 $30,328 $42,856
2015 $5,999 $61,148 $22,606 $38,542
2014 $5,257 $61,148 $22,606 $38,542
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 Prior Sale
06/08/2026 06/08/26 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 View Prior Sale
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 View Prior Sale
08/01/2015 08/01/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $950,000 -- $444 / Sq Ft
Source: REcolorado®

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
Warranty Deed $2,800,000 First American Title
Warranty Deed $1,152,000 Land Title Guarantee Company
Interfamily Deed Transfer -- --
Deed -- --
Deed $60,000 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $2,107,500 New Conventional
Previous Owner $864,000 Commercial
Source: Public Records

Source: REcolorado®

MLS Number: 4892009

REcolorado®
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