NOT LISTED FOR SALE

867 18th St Boulder, CO 80302

University Hill Neighborhood
6 Beds
3 Baths
1,776 Sq Ft
6,145 Sq Ft Lot

Last Sold December 03, 2024

Last sale price $1,400,000 $788 Per Sq Ft

21 Days on Market

Highlights

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

About This Home

As of December 2024

Invest in a prime piece of real estate in one of the most sought-after locations in Colorado. This fully leased duplex sits across from CU Boulder Campus on 18th Street, and features a 4 Bed/1Bath unit in the front and a 2 Bed/1 Bath in the back. Each unit comes with its own laundry and onsite parking, and is pre-leased through 07/2025. Gross income for the upcoming school year totals $93,792, offering investors a stable source of rental income in a thriving market.

Last Agent to Sell the Property

Heidi Schamber

Market Real Estate Listed on: 11/12/2024

Last Buyer's Agent

Alicia Miller

RE/MAX of Boulder, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,635

Year Built

  • Built in 1984

Lot Details

  • 6,145

Home Design

  • Wood Frame Construction
  • Wood Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

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

Additional Features

  • 6,145 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water
  • Assessor Parcel Number R0003249

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lots 41 & 42 Cut By Ditch Blk 19 University Place Subdivision

Building Details

  • Gross Income $93,792
  • Net Operating Income $73,902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,635

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: LOTS 41 & 42 CUT BY DITCH BLK 19 UNIVERSITY PLACE
  • Directions: Heading Northwest on Broadway, turn left on Baseline. Turn right on 18th and property will be on your left.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1776
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 6
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Wood
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas

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: RM-2
  • Lot Size Sq Ft: 6145
  • Parcel #: R0003249
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 93792
  • Income Includes: ["Lease/Rents","Common Area Fees"]

Tax Info

  • Tax Annual Amount: 10635

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
12/03/2024 12/03/24 Sold $1,400,000 -6.7% $788 / Sq Ft
11/12/2024 11/12/24 For Sale $1,500,000 -- $845 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Heidi Schamber

    Seller's Agent in 2024

    Heidi Schamber

    Market Real Estate

    (303) 579-2407

    6 in this area

    47 Total Sales

    Heidi Schamber
    Section Image

  • A

    Buyer's Agent in 2024

    Alicia Miller

    RE/MAX

    Section Image
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Map

Source: IRES MLS

MLS Number: 1023104

IRES MLS

APN: 1463-31-4-05-018

Colorado Boulder County Boulder 80302 University Hill

867 18th St, Boulder, CO

Not Listed for Sale

MultiFamily

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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