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Boulder Multi-Family Homes for Sale

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Newest Boulder Multi-Family Homes for Sale

$815,000
1068297 MLS ACTIVE Status
Terrific Location! Only 270 feet to the CU Boulder main campus. This 2 story, 3 bedroom, 2.5 bath condo offers 1,440 sq. ft., and as an end unit with nobody above you it delivers real privacy and noticeably less noise than a typical condo. Whether you want a steady rental in a location that will draw renters for decades, an already-earning 1031 exchange property, or a future primary residence, this one works, and it is leased through 10AM August 1, 2027 at $4,350/month ($52,200/year), so your renters are already in place. Inside, the open living and dining area carries hardwood floors, built-in bookshelves, high ceilings and skylights that fill both levels with light, plus a half bath. The eat-in kitchen is granite and stainless and opens to a laundry/pantry side-room and a large, deep coat closet, while out the back door is your own fenced patio with mountain views. Upstairs, the primary bedroom boasts an ensuite bath and walk-in closet, joined by 2 more bedrooms with generous closets, a second full bath, and a hallway storage closet with shelves. Down in the garage are 2 reserved, numbered parking spaces and your own private locked storage room (7x8 ft), shelved for sports and camping gear, and the community shares an exercise room, bike racks, elevator, courtyard and a large fenced green-space side yard. Built a generation newer than many condos near campus, it has central air and double pane windows. In the center of Boulder, bike or walk to the Boulder Creek Path, shopping and dining, and the HOA covers common amenities, trash, snow removal, lawn care, common utilities, exterior maintenance and hazard insurance. For an investor, the rent sits at the 90th percentile of three bedroom rentals within two miles and the lease ends at the strongest re-letting window in the Boulder calendar. For an owner-user, it delivers vacant possession after 10AM August 1, 2027. Association docs on request. Showings by appointment, 24 hours' notice.

2800 Aurora Ave Unit 119, Boulder

$3,850,000
1067393 MLS ACTIVE Status
The Unique Apartment Group is pleased to present 1127 12th Street, a 12-bed, 4-bath student housing investment on University Hill in Boulder, Colorado, steps from the CU Boulder campus and The Hill's retail, restaurant, and bar corridor. The property is currently leased to a fraternity as its main house, providing an organizational lease guarantee and a built in occupancy pipeline through the chapter's recruitment cycle. Annual rent step-ups are the submarket norm, and the group lease configuration reduces turnover friction for a stabilized, hands-off cash flow profile.Ownership has invested meaningfully in recent years, minimizing near term capital exposure for a buyer: the exterior deck was replaced with Trex decking in 2024, two bathrooms were fully remodeled in 2025, and a $120,000 interior modernization was completed in 2026, including a full electrical and panel upgrade, drywall replacement, fresh paint, and general maintenance.Beyond in-place cash flow, the property offers long-term development upside. Zoned RH-5 (Residential High Density) on a lot, it benefits from Boulder's 2025 zoning amendments eliminating parking minimums, minimum land area per dwelling unit, and occupancy limits. A 2020 Landmark Alteration Certificate for rear additions sympathetic to the historic 1899 structure established design precedent with City staff and the Landmarks Design Review Committee, though that approval has expired and would need refreshing. Inclusionary housing requirements and Landmarks review remain part of the entitlement path, but the zoning framework and prior design work give the next owner a clear runway to expand density.

1127 12th St, Boulder

$4,670,000
1067391 MLS ACTIVE Status
The Unique Apartment Group is pleased to present 1012 14th Street, a 16-bedroom, 5-bathroom student housing investment property on University Hill in Boulder, Colorado. Steps from the CU Boulder campus and the retail, restaurant, and bar corridor that defines The Hill, the property sits in the most coveted student rental submarket in the state. Students gravitate to The Hill for the social scene and walkability, and demand consistently outpaces supply: University Hill is geographically landlocked and effectively built out, with zoning and topography that sharply limit new construction, while CU Boulder enrolls over 38,000 students against a persistent on-campus housing shortfall.The Hill submarket operates on a pre-leasing cycle: next year's leases are typically executed during the prior fall semester, giving ownership rare forward visibility into occupancy and rental income before the current term rolls. 1012 14th Street is currently leased to fraternity members, providing organizational lease guarantees and a built-in pipeline for future occupancy through the chapter's recruitment cycle. Annual rent step-ups are the submarket norm, and the 16-bed, 5-bath configuration suits the group lease model, reducing turnover friction and delivering a stabilized, hands-off cash flow profile.Ownership has also invested meaningfully in the asset over recent years, leaving a new buyer with minimal near-term capital exposure: in 2023, all bathrooms and the basement kitchen were renovated, the roof received extensive repair and shingle replacement, and new modified bitumen was installed on the flat roof section; in 2024, the PRV and expansion tank were replaced; and in 2025, interior paint and flooring were refreshed throughout.

1012 14th St, Boulder

$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

$839,000
3 Beds 2 Baths 6606494 MLS ACTIVE Status
*Open House Rescheduled to Sunday 8/9* Tucked into one of North Boulder's most desirable neighborhoods, 1040 Poplar Avenue offers an incredible opportunity to own the best-priced paired home in North Boulder. Lovingly maintained and thoughtfully cared for by the same owner for the past 20 years, this home radiates pride of ownership and provides the perfect blend of comfort, convenience, and outdoor lifestyle. Ideally situated just moments from Wonderland Lake, residents will enjoy easy access to scenic walking trails, open space, mountain views, and the peaceful beauty that makes North Boulder so sought after. Whether it's morning walks around the lake, biking nearby paths, or taking in Colorado sunsets, this location offers an exceptional connection to nature right outside your door. The neighborhood amenities further elevate the lifestyle, with access to a well-maintained HOA park complete with tennis and pickleball courts, green space, and recreation opportunities for all ages. Enjoy an active, community-oriented environment while still being just minutes from local shops, restaurants, cafes, and downtown Boulder. Inside, the home has been wonderfully cared for over the years including a recently remodeled bathroom and updated kitchen featuring stainless steel appliances and granite countertops, creating a warm and inviting atmosphere ready for its next chapter. The thoughtful layout, natural light, and comfortable living spaces provide both functionality and charm, while the long-term ownership reflects the exceptional care and stewardship of the property. Whether you are looking for your first home, a low-maintenance Boulder retreat, or an investment in one of the city's most coveted locations, 1040 Poplar Avenue delivers outstanding value, lifestyle, and potential.

1040 Poplar Ave, 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

$2,537,000
1057694 MLS ACTIVE Status
Well-maintained and high-performing triplex in a Williams Village neighborhood, offering a rare combination of high in-place income, long-term tenant stability, and future upside. Each of the three units features 5 bedrooms and 2 bathrooms, resulting in an income profile that outperforms that of typical small multifamily properties. The property has achieved 100% occupancy during ownership, with a consistent history of tenant retention and steady rent growth. Current leases are in place through August 2027, providing immediate income stability for a new owner. The tenant base has historically included academically focused renters, contributing to lower turnover and reliable performance. Extensive capital improvements have been completed over time, including roof replacement, updated windows, remodeled kitchens and bathrooms, furnace upgrades, sump pumps, and appliance replacement. The result is a well-cared-for asset with minimal deferred maintenance. Located in an established residential setting with convenient access to transit along Baseline Road, bike routes, and nearby amenities, including parks, recreation, and neighborhood shopping. The property is also within close proximity to the University of Colorado, supporting consistent rental demand. Additional upside potential exists through interior updates to one unit and continued rent optimization over time. RM-2 zoning allows for flexibility in future use (subject to City of Boulder approval), adding long-term optionality. A compelling opportunity for investors seeking stable income, strong rental fundamentals, and a well-maintained asset in one of Boulder's most desirable rental markets. Financials: Cap Rate - 5.5; GRM - 14.14; NOI - $139,582; Vacancy Rate - 0.

650 Inca Pkwy, 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

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