Downtown Boulder Multifamily
1020 Maxwell Avenue, Boulder, CO 80304
Trophy 9-unit multifamily asset in the heart of Boulder.
Type:Commercial
Property size:
7,227 SFLot size:
0.34 AcresPrice / SF:
$678/SF- Added:
- Mar 27, 2026
- Days on Market:
- 67
- Last Refresh:
- Mar 27 at 8:05 pm
Property Features for 1020 Maxwell Avenue
General Information
- Standard status
- Active
- Size
- 7,227 SF
- Lot size
- 0.34 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing agent LUKE SALAZAR
Listing office PINNACLE REAL ESTATE ADVISORS (303) 962-9555
Listing date Mar 27, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of PINNACLE REAL ESTATE ADVISORS
HighLights
- Premier Downtown Boulder location, steps from Pearl Street Mall and Boulder Creek Path, near CU Boulder.
- Significant rent upside potential, with current rents averaging $2,185 and achievable market rents in the $3,300–$3,400 range.
- Rare, high‑quality 9‑unit multifamily asset in a supply‑constrained market.
- All units are spacious 2‑bedroom / 1‑bathroom, a highly desirable floorplan.
- Central A/C in all units, a rarity for older Boulder properties.
- Garage and off‑street parking available, enhancing tenant demand.
Overview
The Maxwell Lofts is a 9-unit multifamily property located in Downtown Boulder, Colorado. The property is positioned in a desirable residential neighborhood and offers investors an opportunity to acquire a high-quality asset. The building consists entirely of spacious 2-bedroom / 1-bathroom units, a floorplan that appeals to roommates, young professionals, graduate students, and small families. Each unit includes central A/C, garage and off-street parking. The property has approximately 7,227 square feet. Rents are below market, with local property management feedback indicating achievable market rents in the $3,300–$3,400 range. This presents investors with a path to revenue growth through strategic lease turnover and operational optimization. Situated steps from Pearl Street Mall, Boulder Creek Path, and in close proximity to the University of Colorado Boulder, the property benefits from walkability, lifestyle appeal, and proximity to major employment centers. Downtown Boulder experiences rental demand driven by limited developable land, high barriers to entry, and an affluent, educated tenant base. The property represents a combination of location, in-place fundamentals, rent upside, and long-term demand drivers in one of Colorado’s multifamily markets. The property can be purchased separately or together with 3200 Madison Ave.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.2835267
- Latitude
- 40.0213336
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Trophy 9-unit multifamily asset in the heart of Boulder.
Where is this apartment building located?
The property is located at 1020 Maxwell Avenue Boulder, CO.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Premier Downtown Boulder location, steps from Pearl Street Mall and Boulder Creek Path, near CU Boulder.; Significant rent upside potential, with current rents averaging $2,185 and achievable market rents in the $3,300–$3,400 range.; Rare, high‑quality 9‑unit multifamily asset in a supply‑constrained market.
