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For sale
  • Price cut: $100K (7/21)
    $3,050,000

    1511 Broadway, Boulder, CO 80302

    --beds
    --baths
    3,582sqft
    : 
    Multi Family
    Built in 1907
    -- sqft lot
    $2,864,000 Zestimate®
    $851/sqft
    $-- HOA

    What's special

    Superb locationHuge cemented patioCarpet in the bedrooms
    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.
    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#: 1035830MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1511 Broadway.

    Next available tour time:Tomorrow at 11am

    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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