Back on the market due to buyer financing - not due to any fault of the seller or the property. This rare investment opportunity on Boulder's coveted Hill is listed well below its recent $3.46 million appraisal. An exceptional performer with 7.09 CAP rate and 13.09 GRM, the property has a flawless occupancy record and secured rental income through August 2026. The property is ideally positioned just a one block to CU Boulder and 5 blocks to Pearl Street, directly across from the brand new beautifully curated Limelight Hotel & Conference Center. Set on an expansive lot stretching from Broadway to the alley, the property offers unparalleled outdoor space and convenience with parking for 10+ vehicles. The exterior has been freshly painted, with new decking on the covered front porch and a flagstone patio perched above Broadway. A spacious rear patio and an upper-level balcony provide additional outdoor living options. Inside, the residence functions beautifully as a legal 4-plex yet lives like a grand single home. Currently configured as 12 bedrooms, 4 bathrooms, and 3 kitchens across three levels - each with its own kitchen - there's ample flexibility to tailor the layout to your vision. A substantial living room offers the potential for an additional bedroom or entertainment space. Recent updates include a new water heater (2024), two new washers and dryers in the shared laundry, and durable hard-surface flooring in common areas. With strong rental history, prime location, and opportunities for value-add improvements, this is a sophisticated, income-producing asset in one of Boulder's most sought-after neighborhoods.
For sale
Price cut: $100K (7/21)
$3,050,000
1511 Broadway, Boulder, CO 80302
--beds
--baths
3,582sqft
Est.:
Multi Family
Built in 1907
-- sqft lot
$2,864,000 Zestimate®
$851/sqft
$-- HOA
What's special
Superb locationHuge cemented patioCarpet in the bedrooms
- 67 days
- on Zillow |
- 231 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 06:34am
Listed by:
Stacy Robinson 303-464-3903,
Robinson Investment Co., Inc.,
J Cory Robinson 303-464-3903,
Robinson Investment Co., Inc.
Source: IRES,MLS#: 1035830

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Hot Water
Appliances
- Included: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, All Appliances, Disposal
- Laundry: Washer/Dryer Hookups
Features
- High Speed Internet
- Windows: Window Coverings
- Basement: Partially Finished
Interior area
- Total structure area: 3,582
- Total interior livable area: 3,582 sqft
Property
Parking
- Parking features: Alley Access
- Details: Parking Per Unit(2 Spaces/Unit)
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Patio, Deck
- Exterior features: Lighting, Balcony
Lot
- Size: 7,056 Square Feet
- Features: Curbs, Gutters, Sidewalks
Details
- Parcel number: R0003360
- Zoning: 4-plex
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Frame
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1907
Utilities & green energy
- Electric: Electric, Xcel Energy
- Gas: Natural Gas, Xcel Energy
- Water: City Water, City of Boulder
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Trash: Western
Community & HOA
Community
- Subdivision: Grand View Heights
HOA
- Has HOA: No
Location
- Region: Boulder
Financial & listing details
- Price per square foot: $851/sqft
- Tax assessed value: $1,752,500
- Annual tax amount: $10,311
- Date on market: 7/21/2025
- Listing terms: Cash,Conventional
- Total actual rent: 18312
- Tenant pays: Deposit, Gas, Electricity, Water, Sewer, Trash Collection
- Income includes: Lease/Rents
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
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