IRES MLS #: 1035830

Exceptional Investment Opportunity on The Hill – Prime Student Rental

This fully leased 4-plex is located in one of Boulder’s most sought-after areas—The Hill—just steps from CU Boulder and Downtown. Offering both immediate income and long-term upside, this property is a proven performer with a history of zero vacancy. It’s a perennial favorite among student renters, with a loyal stream of fraternity tenants returning year after year.

Currently leased at strong rental rates through August 2026, the property still offers room for increased value through strategic upgrades or configuration changes. Zoned as a legal 4-plex, it functions like a large single residence, comprising 12 bedrooms, 4 bathrooms, and 3 full kitchens spread across three distinct levels:

• Main Level: 3 bedrooms

• Upper Level: 5 bedrooms

• Lower Level: 4 bedrooms
  Each level includes its own kitchen, and tenants share a dedicated laundry area with two washers and dryers in the basement.

Recent updates include new exterior paint and new decking on both the covered front porch and private top-level balcony, which overlooks the expansive backyard. The lot spans from Broadway to the alley, offering ample off-street parking for at least 10 vehicles via a long driveway and alley access.

Outdoor amenities include:

• A grassy front yard with flagstone patio perched above Broadway

• A large cemented rear patio—a popular space for student gatherings

• Three bedrooms with private exterior entrances, providing flexibility and privacy

Interior finishes include hard surface flooring (laminate and tile) in common areas, and carpet in bedrooms. A new water heater was installed in 2024.

Located directly across from the soon-to-open Limelight Boulder Hotel & Conference Center ($130 million development), this property benefits from increasing neighborhood value and walkability. Whether you’re looking for stable cash flow or an opportunity to enhance and expand, this is a rare find in an irreplaceable location.

Bring your creativity and vision to maximize the full potential of this high-demand Boulder investment property.