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1938 Spruce St Boulder, CO 80302

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For Sale
$2,175,000

MULTI_FAMILY - Boulder, CO

Property size:
3,800 SF
Lot size:
0.17 Acres
Added:
Jan 9, 2026
Days on Market:
101
Last Refresh:
Apr 20 at 1:06 am

Property Features for 1938 Spruce St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RMX-1
Bedrooms
9
Bathrooms
5
Rooms
Bathroom 5, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 9, Bedroom 2, Bedroom 5, Bedroom 1
Parking
5
Patio and Porch features
Deck, Patio
Exterior features
Balcony
Appliances
No Units Furnished, Electric Range, Dishwasher, Refrigerator, Microwave
Standard status
Active
APN
R0006472
Size
3,800 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
12436

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Baseboard

Building Details

Year built
1934
Floors in Building
2
Number of units
5
Building materials
Frame, Brick
Roof type
Composition

We can help!

Listing Contact
Nancy Kirkendall

Listing agent Nancy Kirkendall License #FA40000854

Listing office RE/MAX Alliance-Nederland 286 North Bridge St #118, CO

Listing date Jan 9, 2026

MLS# 1049294 Listing URL

Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Boulder Multifamily Investment Opportunity

This property presents an opportunity to acquire a 5-plex in Boulder. The property includes a detached single-family residence at the front and a four-unit building at the rear. The unit mix includes one one-bedroom unit and four two-bedroom units. Several units have been recently remodeled. The property has five off-street parking spaces. It is located near downtown Boulder, the University of Colorado, dining options, and trail systems. Leases are in place through July 2026. The property is located in the heart of Boulder and offers upside to market rents and the ability to reduce operating expenses. The property benefits from consistently strong rental demand. The lot size is 0.17 acres and the property size is 3800 square feet. The zoning is RMX-1.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Real Estate Agency Hair Salon Spa & Massage Center Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Boulder
County
Boulder
State
Colorado
Longitude
-105.270151
Latitude
40.020685

FAQs

What type of property is this?
Apartment building - Well-located 5-plex with upside potential near downtown Boulder.
Where is this apartment building located?
The property is located at 1938 Spruce St Boulder, CO.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: Prime Boulder location near downtown, CU, dining, and trails ensures consistently strong rental demand.; Significant upside potential through rent increases and expense optimization.; Leases in place through July 2026 provide near‑term income stability.
More about this property
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