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1241 Balsam Ave, Boulder, CO 80304

Boulder
Local realty services provided by:CENTURY 21 Cornerstone
1241 Balsam Ave,Boulder, CO 80304
$2,700,000
  • - Beds
  • - Baths
  • 4,524 sq. ft.
  • Multi-family
  • Active
Listed by: jay hebb, colleen miller
Office: the agency - boulder
MLS#:1048020
Source:IRES

Price summary

  • Price:$2,700,000
  • Price per sq. ft.:$596.82

About this home

A rare chance to own a versatile income property in one of Boulder's most sought-after locations. This 6-unit building offers incredible flexibility for investors and developers, with multiple pathways to create immediate and long-term value. As it stands, the property provides stable income with rental numbers reflecting current rates and projected income is based on neighboring comparables. With a remodel, the upside is significant-endless potential to elevate rents, modernize units, or condominiumize and re-imagine the entire asset.Looking for an even greater opportunity? This property may also be purchased together with the adjacent lot at 1265-1267 Balsam Ave (see MLS #1022987), opening the door to expanded development options or a larger income-producing footprint.Whether your vision is to rent, renovate, redevelop, or live in, the possibilities are truly limitless. A Boulder investment like this does not come around often-don't miss your chance to own in the center of it all....

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Home facts

  • Year built:1965
  • Listing ID #:1048020
  • Added:99 day(s) ago
  • Updated:March 12, 2026 at 03:28 PM

Rooms and interior

  • Kitchen Description:Electric Range, Refrigerator
  • Living area:4,524 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Composition
  • Year built:1965
  • Building area:4,524 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Paved
  • Construction Materials:Brick
  • Levels:Five Or More

Schools

  • High school:Boulder
  • Middle school:Casey
  • Elementary school:Columbine

Utilities

  • Water:City

Finances and disclosures

  • Price:$2,700,000
  • Price per sq. ft.:$596.82
  • Tax amount:$15,387

Features and amenities

  • Appliances:Dryer, Electric Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer
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