$2,100,000
SOLD APR 22, 2025

648 University Ave Boulder, CO 80302

University Hill Neighborhood
8 Beds
5 Baths
2,623 Sq Ft
6,216 Sq Ft Lot

Recently Sold

$801 Per Sq Ft

0 Day on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • No HOA
  • Flatirons Elementary School Rated A
  • Corner Lot
  • Fireplace

About This Home

As of April 2025

Rented, Renovated, and Ready to Go! Perched on a prime corner lot at 7th & University, this impressive Victorian triplex offers the perfect blend of historic charm and modern convenience. It's a peaceful part of The Hill yet just moments from CU, Downtown, and scenic hiking trails. Residents love calling this place home especially with ample street parking always available. The full remodel of all three units also included a new roof and boiler system. The tasteful renovations seamlessly integrate contemporary comforts while preserving the timeless elegance of this Victorian gem. Unit 2 (4BD/2BA) features hardwood floors in the bedrooms and living spaces, stylish tile in the kitchen and bathrooms, stainless steel appliances, stone countertops, elegant trim, abundant natural light, and a spacious covered front porch. Unit 3 (2BD/2BA) offers similar high-end finishes, with two generously sized carpeted bedrooms and a bright, open-concept living room that flows into the updated kitchen. Unit 1 (2BD/1BA) is a unique penthouse suite designed for maximum space efficiency, featuring a great room that combines the kitchen and living area, along with two sizable bedrooms, each spacious enough to double as an office. All 3 units share a fenced in community back yard. This sought-after triplex enjoys full occupancy year-round, with rental rates that climb annually. Currently rented through early August 2026. Don't miss this fabulous investment opportunity!

Last Agent to Sell the Property

Stacy Robinson

Robinson Investment Co., Inc. Listed on: 04/22/2025

Last Buyer's Agent

Heidi Schamber

Market Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,482

Year Built

  • Built in 1907

Lot Details

  • 6,216 Sq Ft Lot
  • Corner Lot

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,623 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Schools

  • Flatirons Elementary School
  • Manhattan Middle School
  • Boulder High School

Utilities

  • 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 R0006521

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Buena Vista Heights Subdivision

Building Details

  • Gross Income $141,000
  • Net Operating Income $124,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,482

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Buena Vista Heights
  • Architectural Style: Victorian
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2623
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Partially Finished
  • Total Bedrooms: 8
  • Fireplace Features: Single Fireplace
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: High Speed Internet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalks, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Master Meter-Electric, Xcel Energy
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Master Meter-Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Flatirons
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: Triplex
  • Lot Size Sq Ft: 6216
  • Parcel #: R0006521
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10482

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 141000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 16252

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
04/22/2025 04/22/25 Sold $2,100,000 0.0% $801 / Sq Ft
04/22/2025 04/22/25 For Sale $2,100,000 +121.1% $801 / Sq Ft
01/28/2019 01/28/19 Off Market $950,000 -- --
08/05/2014 08/05/14 Sold $950,000 0.0% $362 / Sq Ft
07/06/2014 07/06/14 Pending -- -- --
06/15/2014 06/15/14 For Sale $950,000 -- $362 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stacy Robinson

    Seller's Agent in 2025

    Stacy Robinson

    Robinson Investment Co., Inc.

    (303) 817-8345

    3 in this area

    9 Total Sales

    Stacy Robinson
    Section Image
  • Heidi Schamber

    Buyer's Agent in 2025

    Heidi Schamber

    Market Real Estate

    (303) 579-2407

    6 in this area

    44 Total Sales

    Heidi Schamber
    Section Image

  • J

    Seller's Agent in 2014

    Julie Meko

    Coldwell Banker Realty-Boulder

    (303) 931-6555

    2 in this area

    31 Total Sales

    Julie Meko
    Section Image
  • John McElveen

    Buyer's Agent in 2014

    John McElveen

    milehimodern - Boulder

    (303) 449-7000

    19 in this area

    165 Total Sales

    John McElveen
    Section Image
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Map

Source: IRES MLS

MLS Number: 1031811

IRES MLS
Colorado Boulder County Boulder 80302 University Hill

648 University Ave, Boulder, CO

This home is located at 648 University Ave, Boulder, CO 80302 and is currently priced at $2,100,000, approximately $800 per square foot. This property was built in 1907. 648 University Ave is a home located in Boulder County with nearby schools including Flatirons 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.

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