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21-Unit Apartment Building
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1602 Walnut St, Boulder, CO 80302

Renovated vintage community with shared yard and on-site parking near Pearl Street and CU Boulder.

Property SizeContact for details
Lot Size0.48 Acres
Days on Market142

Property Features for 1602 Walnut St

General Information

Standard status Active
Lot size 0.48 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 21

Amenities

on-site parking
shared yard
in-unit washer/dryer

Building Details

Buildings 6
Listing Agency: Marcus & Millichap - Denver
Listed By: Charles Burkhart · License #FA100103787
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 9:26PM

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 Marcus & Millichap - Denver

Investment Insights

Based on property information with market context.

The Walnut Collective is a 21-unit apartment community across five buildings and a carriage house on a 0.48-acre site. Constructed in the early 1900s, the property offers studio, one-bedroom, and two-bedroom residences averaging 500 SF. Unit improvements include quartz countertops, shaker cabinetry, stainless steel appliances, vinyl flooring, upgraded fixtures, and in-unit washers/dryers in select residences. On-site parking and a shared yard serve the community.

Located at 1602 Walnut St, the property provides access to Pearl Street Mall, the University of Colorado Boulder campus, The Hill, 29th Street Mall, Chautauqua Park, and the Flatiron trail system. Dining, shopping, and entertainment are within walking distance, while the surrounding area includes more than 300 miles of trails and 45,000+ acres of open space. The property’s location serves both CU students and young professionals, with Boulder’s reported vacancy rate below 5%.

Key Highlights

  • 21‑unit community across five buildings and a carriage house
  • 0.48‑acre site with on‑site parking and a shared yard
  • Studio, one‑bedroom, and two‑bedroom units averaging 500 SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Florist Clothing & Fashion Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

5,796
Businesses Nearby

Demographics for 80302, CO

27,322
Population
13,556
Households
2
Avg Household Size
29
Median Age
75%
College-Educated
98%
High-School Grad
93.9 sq mi
ZIP Area
291
Density / Sq Mi
$60,649
Median Household Income
$19,586
Median Earnings
$1,850
Median Rent
$1,123,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated vintage community with shared yard and on-site parking near Pearl Street and CU Boulder.
Where is this apartment building located?
The property is located at 1602 Walnut St Boulder, CO.
What are key features of this property?
This property features: 21‑unit community across five buildings and a carriage house; 0.48‑acre site with on‑site parking and a shared yard; Studio, one‑bedroom, and two‑bedroom units averaging 500 SF
More about this property
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