Kelly McCallister
8z Real Estate
(720) 807-8453
57 Total Sales
3 in University Hill
$315K - $350K Price Range
943 University Ave Boulder, CO 80302
University Hill Neighborhood
8
Beds
4
Baths
3,106
Sq Ft
5,663
Sq Ft Lot
Highlights
- Raised Ranch Architecture
- No HOA
- Baseboard Heating
- Corner Lot
- Walk-In Closet
About This Home
As of March 2025Discover the perfect addition to your investment portfolio with this multi-family property, ideally located near the heart of downtown Boulder and just steps from the University of Colorado (CU). This property is a rare find in one of Boulder's most desirable rental markets, offering consistent income potential, year-over-year rental increases, and a strong appeal to students. Situated within walking distance of CU and downtown Boulder, this property provides tenants with easy access to campus, shopping, dining, and entertainment. This property combines a strategic location with features tailored to student living, at a cap rate of over 5%, making it a compelling choice for investors seeking a reliable income stream in a thriving college town. Professionally managed and financial statements available.
Last Agent to Sell the Property
WK Real Estate Brokerage Phone: 7205646097 License #100054903 Listed on: 01/23/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,117
Year Built
- Built in 1960
Lot Details
- 5,663 Sq Ft Lot
- Property fronts an alley
- Corner Lot
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Raised Ranch Architecture
- Composition Roof
Interior Spaces
- 3,106 Sq Ft Home
- Basement Fills Entire Space Under The House
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- Walk-In Closet
- 4 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Schools
- Flatirons Elementary School
- Manhattan Middle School
- Boulder High School
Utilities
- Baseboard Heating
Listing and Financial Details
- Tenant pays for deposit, gas, electricity, water, sewer, trash collection
- Assessor Parcel Number R0003937
Community Details
Overview
- No Home Owners Association
- 2 Units
- Grand View Heights Subdivision
Building Details
- Gross Income $153,891
- Net Operating Income $121,814
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2025
Closed on
Mar 31, 2025
Sold by
Bought by
Seller's Agent
Jen Rutherford
WK Real Estate
Buyer's Agent
Andrew Hawk
Folsom & Co. Real Estate
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 8, 2021
Sold by
Bought by
Purchase Details
Closed on
Mar 5, 1997
Sold by
Bought by
Purchase Details
Closed on
Jul 24, 1991
Bought by
Purchase Details
Closed on
Jan 8, 1988
Bought by
Purchase Details
Closed on
Apr 9, 1986
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in University Hill, CO
-
Kelly McCallister
-
Zeona McIntyre
Zeona McIntyre
Fathom Realty Colorado LLC
(720) 292-1161
15 Total Sales
1 in University Hill
$2,400,000 Price
-
Brian Clodius
Brian Clodius
Responds QuicklyClodius & Company
(720) 780-0220
49 Total Sales
1 in University Hill
$1,290,000 Price
-
Erika Luecke
Erika Luecke
Responds QuicklyeXp Realty, LLC
(720) 669-7626
87 Total Sales
2 in University Hill
$1,977,500 Price Range
-
Andrea Meneghel
Andrea Meneghel
(970) 486-1160
17 Total Sales
2 in University Hill
$7,000,000 Price Range
-
Janet Borchert
Janet Borchert
WK Real Estate
(844) 395-9132
91 Total Sales
1 in University Hill
$875,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,000,000 | Fidelity National Title | ||
| -- | None Available | ||
| $335,000 | -- | ||
| -- | -- | ||
| $178,000 | -- | ||
| $30,500 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,295,000 | ||
| Closed | $1,300,000 |
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 |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Off Market | $2,000,000 | -- | -- |
| 03/31/2025 03/31/25 | Sold | $2,000,000 | -9.1% | $644 / Sq Ft |
| 03/21/2025 03/21/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | Off Market | $2,200,000 | -- | -- |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- |
| 01/23/2025 01/23/25 | For Sale | $2,200,000 | -- | $708 / Sq Ft |
Source: IRES MLS
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 | $9,732 | $109,202 | $68,184 | $41,018 |
| 2025 | $9,732 | $109,202 | $68,184 | $41,018 |
| 2024 | $9,276 | $100,369 | $62,669 | $37,700 |
| 2023 | $10,035 | $103,750 | $64,266 | $43,168 |
| 2022 | $9,103 | $85,489 | $52,856 | $32,633 |
| 2021 | $8,874 | $89,890 | $55,577 | $34,313 |
| 2020 | $7,973 | $80,259 | $48,120 | $32,139 |
| 2019 | $7,866 | $80,259 | $48,120 | $32,139 |
| 2018 | $7,185 | $71,489 | $31,608 | $39,881 |
| 2017 | $6,991 | $79,034 | $34,944 | $44,090 |
| 2016 | $6,264 | $60,958 | $25,074 | $35,884 |
| 2015 | $5,984 | $49,750 | $19,502 | $30,248 |
| 2014 | $5,170 | $49,750 | $19,502 | $30,248 |
Source: Public Records
Agents Affiliated with this Home
-
Jen Rutherford
Seller's Agent in 2025
Jen Rutherford
WK Real Estate
(720) 388-9818
1 in this area
26 Total Sales
-
Andrew Hawk
A
Buyer's Agent in 2025
Andrew Hawk
Folsom & Co. Real Estate
(303) 499-9944
4 in this area
45 Total Sales
Map
Source: IRES MLS
MLS Number: IRE1025072
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Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID
Listings courtesy of IRES MLS as distributed by MLS GRID
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