1938 Spruce St, Boulder, CO 80302

Building Details

Year Built

1934

Listing office RE/MAX Alliance j**@boulderhomesource.com Show Phone

Listing date Apr 24, 2026

Source Elliman

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Overview

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. Leases are in place through July 2026. The location is near downtown Boulder, the University of Colorado, dining, and trail systems. The property benefits from consistently strong rental demand. The bike score is 100, indicating it is a biker's paradise. The walk score is 92, indicating it is a walker's paradise. The transit score is 50, indicating good transit.

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

-105.2701667

Latitude

40.0207097

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FAQs

What type of property is this?

Apartment building - Well-located Boulder 5-plex with upside and income stability.

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, University of Colorado, dining, and trails.; Significant upside potential through market rent adjustments.; Leases in place through July 2026 provide near‑term income stability.