#IR1035886, Charlie Mitelhaus, Listing office: CBRE Inc

1511 Broadway Boulder, CO 80302
Property details
About 1511 Broadway
4-plex on The Hill at a superb location students love - and at an attractive price for investors. Look at that CAP rate and GRM. Never vacant. In fact, there's a steady stream of fraternity brothers who rent this whole house year after year. Solid rents secured through August 2026 AND the ability to easily add even more value. The lot is so big, it extends from Broadway all the way back to the alley. At least 10 parking spaces on the long driveway and behind the house accessed from the alley. Brand new paint on the whole exterior of this three story property. The front of the house includes a covered porch with new decking, and a grassy space with a flagstone patio perched above Broadway. In the back, there's a huge cemented patio students easily find a way to enjoy... and don't forget the balcony with new decking off of the top level overlooking the back of the property. A short walk to both CU and Downtown... and across the street from The Limelight Boulder, the $130 million hotel and conference center opening later this summer. The property is a legal 4-plex, but lives like one big house. Currently finished as 12 bedrooms, 4 bathrooms and 3 kitchens. There are 3 bedrooms on the main level, 5 bedrooms on the upper level and 4 bedrooms on the lower level. Each level has its own kitchen. Laundry for all tenants is located in the basement (2 new washers and 2 new dryers). New water heater in 2024. Hard flooring in all common area living spaces, both laminate and tile. Carpet in the bedrooms. Residents can enter through the front of the house or the north side, and three bedrooms have private outdoor access. Take a look at the huge living room and the opportunity to add an additional bedroom. Bring your creativity and vision to help maximize the potential of this in demand income property at a fantastic Boulder location.
Highlights
(Pending)
Summary
- Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
- Basement: Yes
- Exterior: Balcony
- Heating: Hot Water
- List Price: $3,150,000
- Annual Tax Amount: $10,121
- Tax Year: 2023
- Directions: Google maps
- Year Built: 1907
- Lot Size: 0.16 Acres
- MLS Number: IR1035830
- MLS Name: RECOLORADO
- Office Name: Robinson Investment Co., Inc.
- Office Phone: (303) 464-3903
- Listing Agent: Stacy Robinson
Listings courtesy of REColorado as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice ©2025 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.
Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 11:42:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 20, 2012 | Home Sold | $1,466,667 |
Mar 13, 2008 | Home Sold | $850,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $117,418 | $10,121 |
2022 | $94,044 | $9,033 |
2021 | $98,885 | $8,811 |
2020 | $89,125 | $7,757 |
2019 | $89,748 | $9,675 |
2018 | $111,600 | $9,372 |
2017 | $111,600 | $5,841 |
History based on county public records data.
Nearby schools
7
Flatirons Elementary School
Public District KG-5
0.4 mi
•1150 7th St
5
University Hill Elementary School
Public District PK-5
0.6 mi
•956 16th St
5
Whittier International Elementary School
Public District KG-5
0.8 mi
•2008 Pine St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,636. The most common annual income of people living in Boulder, CO is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 1511 Broadway
The listing price of 1511 Broadway property is $3,150,000.
The property 1511 Broadway is a multi located in Boulder, Colorado, 80302.
Accepting Backup Offers: 1511 Broadway is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1511 Broadway are: Flatirons Elementary School (GreatSchools Rating 7/10), University Hill Elementary School (GreatSchools Rating 5/10), Whittier International Elementary School (GreatSchools Rating 5/10), Casey Middle School (GreatSchools Rating 3/10), Centennial Middle School (GreatSchools Rating 5/10), Horizons K-8 School (GreatSchools Rating 8/10), Boulder High School (GreatSchools Rating 8/10), New Vista High School (GreatSchools Rating 7/10), Fairview High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $10,121 (source: MLS/based on county public records data).
The last sale was on July 20, 2012 for $1,466,667 (source: MLS/tax record).
The year of construction for 1511 Broadway is 1907.
This home is located at 1511 Broadway in Boulder, CO and zip code 80302 in the West Boulder neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $3,150,000.
In June 2025, from all listings sold in Boulder, CO there were more than 14 sold above asking price, over 114 sold below and more than 34 were sold right at the asked price. The number of listings in Boulder, CO increased by 8.5% between May and June 2025. Listings spent 39 days on the market in June 2025, and had a median list price of $965,000 during the same period.