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Boulder Multi-Family Homes for Sale

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Newest Boulder Multi-Family Homes for Sale

$4,500,000
1064623 MLS ACTIVE Status
Generational CU Boulder student housing opportunity - 9 units one block from campus and The Hill, offered at $4,500,000. Assets like this trade once a generation: the property has been held by the same family ownership for decades, and now comes to market 100% occupied with a proven University rental history.The offering consists of two buildings on a 13,963 SF (0.32-acre) high-density RH-1 corner lot at 19th & Marine: an 8-unit 2 Story Town-home style apartment building featuring four 3BD/1.5BA and four 2BD/1.5BA units, plus a detached 4BD/1.5BA cottage - 8,584 SF of total building area with 15 on-site parking spaces, a rarity this close to campus.In-place income is $26,655/month ($319,860/year) with immediate, documentable upside: current rents sit below prevailing market medians ($3,800 3BD / $2,425 2BD / $4,975 4BD per current comp surveys within one mile), supporting approximately $358,000 gross at market - roughly 12% organic growth captured on natural turnover, no renovation required. The predictable academic leasing cycle allows a new owner to mark units to market annually while maintaining effectively zero vacancy.Location is amazing. Walk to the CU quad, The Hill's shops and restaurants, and minutes to Pearl Street. Boulder's strict growth boundaries, height limits, and near-zero new supply pipeline - combined with CU's 35,000+ enrollment - create structural, recession-resistant rental demand that cannot be built away. RH-1 zoning preserves long-term density and redevelopment optionality on a true corner parcel.Capital items addressed: 2025 roof replacement (1395 building). Comprehensive due diligence package available upon request, including 2025 operating financials, current rent roll, professional inspection report, and sewer scope reports for both buildings - a transparency level rarely offered, enabling buyers to underwrite with confidence and move quickly.Shown by appointment only; please do not disturb tenants.

1395 19th St, Boulder

$3,200,000
12 Beds 8 Baths 4892009 MLS ACTIVE Status
Exceptional investment opportunity in one of Boulder's most sought-after locations. Situated just minutes from Downtown Boulder, this well-maintained fourplex offers a rare combination of strong in-place income, long-term appreciation potential, and value-add upside in a market where multifamily inventory is exceedingly limited. The property consists of four spacious 3-bedroom, 1.5-bathroom units with highly functional floor plans that continue to attract quality tenants year after year. Each unit features generous living space, private entrances, and layouts designed for long-term rental appeal. Off-street parking, on-site laundry, and mature landscaping further enhance tenant satisfaction and retention. Located in the heart of Boulder, residents enjoy convenient access to Pearl Street, the University of Colorado, Google's Boulder campus, 29th Street, extensive bike paths, public transit, and countless outdoor recreation opportunities. The property's central location supports consistent rental demand and minimizes vacancy risk. Current rents provide immediate income with additional upside potential through future renovations, operational efficiencies, or market rent adjustments. Whether you're looking to expand an existing portfolio, complete a 1031 exchange, or secure a premier asset in one of Colorado's strongest rental markets, this is an opportunity to acquire a high-demand multifamily property with both stability and growth potential. Investment Highlights: * Four 3-bedroom, 1.5-bathroom units * Prime central Boulder location * Strong and consistent rental demand * Value-add and rental growth potential * Off-street parking and on-site laundry * Proximity to CU Boulder, Google, Pearl Street, and major employment centers * Excellent walkability, bikeability, and transit access * Rare multifamily asset in a supply-constrained market

2535 Spruce St, Boulder

$1,345,000
1058647 MLS ACTIVE Status
Full remodeled in 2025, this modern 5 bedrooms-2 bath house has an excellent location, only 2 blocks to CU campus, the Hill, and just minutes to vibrant Pearl St. With parking for 4 vehicles (1 Detached Garage + 3 Off-St) - a rare and highly valuable feature in this area - this is an excellent investment. For parents, this is a powerful financial move: instead of writing rent checks for 4 years and walking away with nothing, you can own the property, build equity, benefit from appreciation, and potentially offset expenses with rental income from roommates. Currently rented through July 31, 2027, the property generates strong income now, giving you time to plan ahead. The layout balances private bedrooms with inviting shared spaces. The open-concept kitchen and living area with vaulted ceilings and brand-new appliances creates an ideal environment for both studying and socializing. A detached den/playroom adds flexible space for entertainment, group projects, or quiet focus (foosball table and fridge included). Every major component was fully updated in 2025 - flooring, drywall, insulation, interior and exterior paint, lighting, electrical, plumbing, bathrooms, and kitchen - all permitted with the City of Boulder. New washer and dryer included. Sprinkler system in place for easy landscape maintenance. This place needs nothing. Parking is a major advantage: large 1-car detached garage, 3 designated off-street spaces, plus typically available on-street parking - a true differentiator for student households. For investors, the excellent location plus the numbers work: strong cash flow, tenants pay all utilities and trash, plus low-maintenance improvements throughout. Whether you're planning strategically for your student's college years or securing a proven income-producing asset in a premier location, this property offers immediate income and long-term wealth-building potential. Schedule your private showing today. Call or text me with any questions.

2221 Columbine Ave, Boulder

$11,500,000
1056735 MLS ACTIVE UNDER CONTRACT Status
Ideally located only 275 feet from the main entrance on "The Hill" to the University of Colorado at Boulder, this four-property portfolio is a generational opportunity to acquire a prime asset in one of the most in-demand and supply constrained student-housing markets in the U.S. The University of Colorado at Boulder experienced a record-breaking 68,000 applications for the Fall of 2024, up 20% from the previous year, and has seen a steady increase in applications and enrollment since 2012, while increasing its retention rate to a record 90%. 1031, 1033, 1045 and 1059 14th Street (the "14th Street Properties") are strategically positioned in the heart of The Hill, steps from Starbucks and the numerous student-focused shops, restaurants and bars that make The Hill the center of student life and the most sought after spot for housing. With the best location on the Hill and off-street parking, the 14th Street Properties are in high demand each year by students and experience zero vacancy, with leases secured annually for the following school year by the end of October. Currently leased to a fraternity chapter for the '25/'26 and '26/'27 school years, with a guarantee from the national organization, the tenant has a strong interest in renewing on a longterm basis. Alternatively, the flexibility is in place for an owner/occupier organization, or an investor looking to pursue a different model such as apartment units.

1031 14th St, Boulder

$3,100,000
1051781 MLS ACTIVE Status
Rare investment opportunity in the heart of downtown Boulder's highly coveted Mapleton Historic District. This exceptional triplex property combines irreplaceable historic character with powerful income potential. Historic Charm Meets Modern Convenience: Nestled on a picturesque, tree-lined street, this property embodies the classic architectural heritage of the Mapleton Hill Historic District. It features distinct units that seamlessly blend period details with thoughtful, modern updates. Irreplaceable Location: Situated in Boulder's most prestigious historic neighborhood. Walkability: Located mere blocks from world-class dining, boutique shopping, and entertainment on the Pearl Street Mall. Sundance Proximity: Walking distance to cornerstone festival venues like the iconic Boulder Theater and the Boulder Public Library's Canyon Theater. Outdoor Access: Quick, easy access to nearby hiking trails at Mount Sanitas and Boulder Canyon. Versatile Property Layout & Highlights: The triplex configuration offers immense flexibility for savvy buyers, whether looking for a multi-family addition to a portfolio, a live-work setup, or a primary residence with built-in rental income. Unit Breakdown: Three distinct, light-filled units featuring unique layouts, hardwood floors, and large windows. Premium Parking: Includes a highly coveted, oversized two-car garage plus an additional off-street parking space-an invaluable luxury in downtown Boulder, especially during major city-wide events. Outdoor Features: Private, newly updated large patio. Strong Financials: Historically, low vacancy rates and premium rental draws driven by the elite downtown location and global crowds arriving for Sundance 2027. Properties of this caliber rarely hit the market in Mapleton Hill. Whether you choose to maintain it as a high-performing rental asset, convert it back into a grand single-family estate, this property represents a secure foothold in Boulder's tightest real estate market.

613 Pine St, Boulder

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