NOT LISTED FOR SALE
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
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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

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
2025 $10,828 $114,069 $102,662 $11,407
2024 $10,828 $114,069 $102,662 $11,407
2023 $10,635 $121,417 $112,592 $12,511
2022 $8,296 $87,720 $43,874 $43,846
2021 $8,089 $92,235 $46,132 $46,103
2020 $6,177 $70,964 $46,132 $24,832
2019 $6,083 $70,964 $46,132 $24,832
2018 $5,387 $62,136 $40,392 $21,744
2017 $5,219 $68,695 $44,656 $24,039
2016 $5,102 $58,944 $32,079 $26,865
2015 $4,832 $48,572 $23,960 $24,612
2014 $4,084 $48,572 $23,960 $24,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE1023104

IRES MLS

APN: 1463-31-4-05-018