$1,900,000

Estimated payment $11,347/month

Total Views 1,315
5 Beds
3 Baths
3,051 Sq Ft
$623 Price per Sq Ft

Highlights

  • Property is near a park
  • Cathedral Ceiling
  • Cooling Available
  • Foothill Elementary School Rated A
  • No HOA
  • Patio

About This Home

Welcome to 711 Alpine Avenue in beautiful Boulder, Colorado. This rental property spans 3051 square feet and has been thoughtfully divided into three separate units. Two of the units feature two bedrooms and one bathroom each, while the third unit is a one-bedroom, one-bath. All three are currently rented, which means immediate income potential and a strong investment opportunity. What really makes this property shine is the location. You're steps from North Boulder Park, Ideal Market, and the trailheads at Mount Sanitas. And just a short walk brings you right into downtown Boulder and Pearl Street. Add in the convenience of easy parking, and you have a rare find in one of Boulder's most sought-after neighborhoods. The three units share one laundry room on the main level. Do not miss this smart investment in the Boulder lifestyle.

Listing Agent

Amanda Lovato

Lovato Properties Listed on: 08/26/2025

Co-Listing Agent

Michael Lovato

Lovato Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,902

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • South Facing Home
  • Partially Fenced Property
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,051 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Window Treatments

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Foothill Elementary School
  • Casey Middle School
  • Boulder High School

Utilities

  • Cooling Available
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a park

Listing and Financial Details

  • Tenant pays for deposit, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0008524

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Newlands Subdivision

Building Details

  • Gross Income $68,880
  • Net Operating Income $55,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,902

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Inclusions: Window Coverings,Electric Range/Oven,Gas Range/Oven,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer
  • Year Built: 1950
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: LOPR1
  • Subdivision Name: Newlands
  • Directions: From Broadway, Alpine Ave west to the property.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3051
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 5
  • Entry Location: Outside Entry
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Cathedral/Vaulted Ceilings, Shared Baths, Outside Entry, Kitchen Island
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Other
  • Lot Features: Lawn Sprinkler System, Abuts Park
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Wall/Window Unit(s), Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

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: Foothill
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Casey

Lot Info

  • Zoning: Res
  • Land Lease Amount Frequency: Monthly,Fixed Term
  • Lot Size Sq Ft: 10703
  • Parcel #: R0008524
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12902

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 68880
  • Annual Operating Expense: 12902
  • Total Actual Rent: 5740

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $1,900,000 -- $623 / Sq Ft
Source: IRES MLS

Similar Homes in Boulder, CO

  • 2221 Columbine Ave, Boulder, CO 80302

    $1,695,000

    • 5 Beds
    • 2 Baths
    • 1,593 Sq Ft
    • 2221 Columbine Ave
    • Boulder, CO

    BRAND NEW FULLY REMODELED INVESTMENT PROPERTY. ON THE HILL, ONLY 2 BLOCKS FROM CU. BEST CAP RATE IN TOWN! House RENTED at $8,750/M for 2025/26 school year & Garage for $700/M. Now a 5-Bedroom, 2-Bathroom contemporary home, designed specifically for student living, the new layout maximizes space and functionality, creating the perfect blend of comfort and convenience. Excellent location right by

    Michael Rothschild Live West Realty

    Section Image
  • 3600 Hayden Place, Boulder, CO 80301

    $1,900,000

    • 6 Beds
    • 6 Baths
    • 3,168 Sq Ft
    • 3600 Hayden Place
    • Boulder, CO

    Rare 6 unit multi-family property for sale in North East Boulder. These 6 one bedroom units have been very well maintained. This investment property also includes a shared coin operated laundry room. Great location adjacent to Howard Hueston Park. This apartment building is nearby amenities including walking trails and easy access to public transportation.

    Kate Guden RPM of the Rockies

    Section Image

Source: IRES MLS

MLS Number: 1042217

IRES MLS