$1,750,000
$150K PRICE DROP

3300 Madison Ave Boulder, CO 80303

Estimated payment $10,631/month

Total Views 6,621
8 Beds
4 Baths
4,160 Sq Ft
$421 Price per Sq Ft

Highlights

  • Open Floorplan
  • No HOA
  • Cooling Available
  • Creekside Elementary School Rated A
  • Eat-In Kitchen
  • Patio

About This Home

** New 2024 financials available upon request** Welcome to 3300 Madison Avenue, a fantastic investment opportunity in the heart of Boulder! This well-maintained 4-plex offers an unbeatable location just steps away from the University & less than 10 minutes from downtown Boulder, making it highly desirable for students & professionals alike. There is also a community pool & bike underpass nearby, as well as close proximity to the 29th Street Mall. Each unit boasts 2 spacious bedrooms & 1 modern bathroom, providing comfortable living spaces for tenants. Three of the units have been completely updated with contemporary finishes & fixtures, while the fourth unit has been partially updated, offering room for customization. Every unit includes its own laundry facilities, ensuring convenience for all residents & features a private outside courtyard, perfect for relaxing or entertaining. Ample designated parking is available for all units, a rare & valuable feature in this prime location. As well as off-street parking. This property presents a lucrative investment opportunity in Boulder's competitive real estate market. The potential rent is much higher than what is currently being collected as units are under rented. Other rents in the area suggest $2,300 and up with an annual yield nearing $110,000. Check out this great investment opportunity.

Listing Agent

Hayley Sell

Group Harmony

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,360

Year Built

  • Built in 1966

Lot Details

  • 6,640 Sq Ft Lot
  • Wood Fence

Home Design

  • Wood Frame Construction
  • Wood Roof
  • Rubber Roof

Interior Spaces

  • 4,160 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Creekside Elementary School
  • Manhattan Middle School
  • Fairview High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Water Rights Not Included

Listing and Financial Details

  • Assessor Parcel Number R0011142

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Westview Gardens Subdivision

Building Details

  • Gross Income $89,340
  • Net Operating Income $71,633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,360

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Year Built: 1966
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Westview Gardens
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Has Basement: None
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Wood, Rubber
  • Fencing: Fenced, Wood
  • Lot Features: Sidewalks, Water Rights Excluded, Irrigation Well Excluded
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 6640
  • Parcel #: R0011142
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10360

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 89340
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 17707

Map

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
04/03/2025 04/03/25 Price Changed $1,750,000 -7.9% $421 / Sq Ft
07/25/2024 07/25/24 For Sale $1,900,000 -- $457 / Sq Ft
Source: IRES MLS

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Source: IRES MLS

MLS Number: 1015160

IRES MLS

APN: 1463-32-4-06-012

Colorado Boulder County Boulder 80303

3300 Madison Ave, Boulder, CO

Homes for Sale in Boulder, CO

This home is located at 3300 Madison Ave, Boulder, CO 80303 and is currently priced at $1,750,000, approximately $420 per square foot. This property was built in 1966. 3300 Madison Ave is a home located in Boulder County with nearby schools including Creekside Elementary School, Manhattan Middle School of the Arts & Academics, and Fairview 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.

Listing Agent
Hayley Sell
Section Image
Group Harmony
(720) 307-3455