1938 Spruce St Boulder, CO 80302
MULTI_FAMILY - Boulder, CO
Property size:
3,800 SFLot size:
0.17 AcresPrice / SF:
$572/SF- Added:
- Jan 9, 2026
- Days on Market:
- 114
- Last Refresh:
- May 3 at 2:06 pm
Property Features for 1938 Spruce St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RMX-1
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 9, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 8, Bathroom 3, Bedroom 7, Bedroom 2, Bathroom 2, Bathroom 5, Bedroom 4, Bathroom 1
- Parking
- 5
- Patio and Porch features
- Deck, Patio
- Exterior features
- Balcony
- Appliances
- No Units Furnished, Electric Range, Dishwasher, Refrigerator, Microwave
- Standard status
- Active Under Contract
- 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
Listing agent Joe Gibbs License #FA40000854 (720) 902-6580
Listing office RE/MAX Alliance-Boulder 4770 Baseline Rd #220, CO (303) 442-3180
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
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.270151
- Latitude
- 40.020685
Nearby Similar for Sale
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.
