8
Beds
4
Baths
3,106
Sq Ft
5,705
Sq Ft Lot
Highlights
- Raised Ranch Architecture
- Corner Lot
- Brick Veneer
- Flatirons Elementary School Rated A
- No HOA
- 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,117
Year Built
- Built in 1960
Lot Details
- 5,705 Sq Ft Lot
- Property fronts an alley
- Corner Lot
Home Design
- Duplex
- Raised Ranch Architecture
- Brick Veneer
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,106 Sq Ft Home
- 1-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- Walk-In Closet
- 4 Bathrooms
Laundry
- Dryer
- Washer
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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
Similar Homes in Boulder, CO
Source: IRES MLS
MLS Number: 1025072
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.
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.
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