$965,000
COMING SOON

Estimated payment $5,545/month

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Flatirons Elementary School Rated A
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

Tucked just off University Avenue in a private, off-street setting behind the front residence, this charming 1917 cottage presents a rare investment opportunity just steps from the University of Colorado campus and the vibrant amenities of The Hill. The 3-bedroom, 1-bath home offers 880 square feet of highly functional living space filled with warmth and natural light.A sunny living room welcomes residents inside, while the bright eat-in kitchen features a vaulted ceiling and an open, airy feel. Hardwood floors run throughout much of the home, and a versatile loft provides additional space for guests, studying or flexible use. A spacious front porch creates a welcoming outdoor retreat, and the fully fenced yard features low-maintenance pebbled landscaping.Recent improvements include a newer hot water heater, updated bathroom flooring, and in-unit washer and dryer. Two off-street parking spaces add valuable convenience in this central Boulder location.Just a five-minute walk to CU Boulder, dining and neighborhood amenities, the property currently generates $3,950 per month in rent plus an average of $195 in monthly utilities paid by tenants, offering immediate income potential in one of Boulder's most consistently sought-after rental locations.

Listing Agent

John McElveen

milehimodern - Boulder Brokerage Phone: 3038187500 Listed on: 03/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,284

Year Built

  • Built in 1917

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Wood Flooring
  • Eat-In Kitchen

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R0000454

Community Details

Overview

  • No Home Owners Association
  • Pioneer Terrace Subdivision

Building Details

  • Gross Income $47,400
  • Net Operating Income $41,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,284

Year Built

Built in 1917

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Year Built: 1917
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Pioneer Terrace
  • Unit Levels: One
  • New Construction: No
  • Attribution Contact: 3038187500
  • Special Features: ComingSoon
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range, Refrigerator, Washer, Dryer, Fire Alarm
  • Has Basement: None
  • Flooring: Wood
  • Interior Amenities: Eat-in Kitchen
  • Dining Room Type: Loft
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Paved
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint
  • Construction Type: Frame

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: RES
  • Parcel #: R0000454
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6284

Multi Family

  • Annual Gross Income: 47400

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,802 $65,063 $44,938 $20,125
2024 $5,802 $65,063 $44,938 $20,125
2023 $5,699 $65,124 $46,083 $22,726
2022 $4,857 $51,499 $38,739 $12,760
2021 $4,635 $52,981 $39,854 $13,127
2020 $3,516 $40,397 $25,425 $14,972
2019 $3,463 $40,397 $25,425 $14,972
2018 $3,433 $39,600 $22,752 $16,848
2017 $3,326 $53,945 $25,154 $28,791
2016 $3,494 $40,357 $18,069 $22,288
2015 $3,308 $33,790 $15,363 $18,427
2014 $2,841 $33,790 $15,363 $18,427
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Quit Claim Deed -- --
Deed -- --
Deed $78,000 --
Source: Public Records

Source: IRES MLS

MLS Number: IRE1053741

IRES MLS

APN: 1463312-57-002

Your Personal Tour Guide

Ask me questions while you tour the home.