#IR1035886, Charlie Mitelhaus, Listing office: CBRE Inc
#IR1035830·
Listing office: Robinson Investment Co., Inc.·
Listing agent: Stacy Robinson·
Listing office phone: 3034643903
$3,050,000 List price
1511 Broadway Boulder, CO 80302
0.2 acres
Multi-Family
Property details
About 1511 Broadway
Back on the market because Buyer financing fell through. No fault of the Seller or the Property. In fact, we have a ton of information we are happy to share with your savvy investor about this 4-plex on The Hill. Listed far below recent $3.46 million appraisal. 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. 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, high performing income property at a superb Boulder location.
Highlights
Home typeQuadruplex
HeatingHot Water
StatusActive
BasementYes
Lot size0.16 Acres
Year built1907
MLS #IR1035830
Summary
- Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
- Basement: Yes
- Exterior: Balcony
- Heating: Hot Water
- List Price: $3,050,000
- 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.
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Greenwood Village, CO 80111 USA
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Last updated on: 7/23/2025, 2:42:31 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. Typical income of Boulder, CO residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
71%
<35k
24%
35k-100k
3%
100k-200k
2%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
97%
Single, No Kids
0%
Single, with Kids
3%
Married, No Kids
0%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
1%
<11 yrs old
0%
12-17 yrs old
85%
18-34 yrs old
6%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Soccer
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Forever 21
Where do the neighbors go to eat?
Starbucks
Sonic
Dominos Pizza
What do the neighbors drive?
Pontiac
Infiniti
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1511 Broadway
The listing price of 1511 Broadway property is $3,050,000.
The property 1511 Broadway is a multi located in Boulder, Colorado, 80302.
Active Listing: 1511 Broadway is For Sale (Active/New) which means the seller is accepting offers.
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 $3,050,000.
In June 2025 more than 14 listings in Boulder, CO were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 114 were sold below. The number of homes for sale in Boulder, CO increased by 8.5% between May and June 2025. In June 2025 median list price was $965,000 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.