$10,000 Closing Credit¹
#IR1029006, Brandon Thomas, Listing Office: JPAR Modern Real Estate
#IR1031559·
Listing office: RE/MAX Alliance-Boulder·
Listing agent: AJ Chamberlin·
Listing office phone: 3035888999
$1,300,000 List price
1540 Grove St Boulder, CO 80302
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1540 Grove St
This classic 1900-built Victorian home has been beautifully converted into a well-maintained triplex in one of Boulder's most sought-after neighborhoods. Located just one block from the Farmer's Market and within walking distance to Pearl Street, CU Boulder, and Naropa University, the property offers an unbeatable location for tenants seeking both character and convenience. Each of the three units in the triplex features two bedrooms and one bathroom, with layouts ranging from 600 to 800 square feet. The top-floor unit is spacious and bright, offering stunning views and abundant natural light. The upstairs kitchen was renovated in 2023, blending modern finishes with functionality. The main-level unit features a comfortable layout and easy access to the shared outdoor areas, with a beautifully updated kitchen also completed in 2023. The garden-level unit, while technically basement level, receives excellent afternoon sun and boasts high-end finishes throughout. The bathroom was fully renovated in 2018, and the kitchen includes modern appliances and custom shelving, blending vintage charm with practical upgrades. Shared laundry is available to all units and is included in the rent. The building is metered for water and offers a peaceful, community-oriented feel thanks to its owner's care and ongoing maintenance. While not new construction, the home's historic details have been preserved and enhanced with tasteful, high-quality improvements over the years. Whether you're seeking a vibrant downtown lifestyle, proximity to campus, or a cozy, character-filled space, this triplex offers a unique rental opportunity in the heart of Boulder. Cap rate on this rental is an amazing 5.51% (with estimated management fees). The property is leased until July of 2026.
Highlights
Home typeTriplex
HeatingHot Water
StatusActive
BasementYes
Lot size0.12 Acres
Year built1900
MLS #IR1031559
ViewMountain(s)
Summary
- MLS Number: IR1031559
- MLS Name: RECOLORADO
- Office Name: RE/MAX Alliance-Boulder
- Office Phone: (303) 588-8999
- Listing Agent: AJ Chamberlin
Listings courtesy of REColorado as distributed by MLS GRID.
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Last updated on: 4/19/2025, 7:12:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,300,000
1540 Grove St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 02, 2003 | Home Sold | $475,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $91,214 | $7,783 |
| 2022 | $69,017 | $6,634 |
| 2021 | $72,569 | $6,471 |
| 2020 | $64,171 | $5,585 |
| 2019 | $64,620 | $4,904 |
| 2018 | $56,563 | $4,750 |
| 2017 | $56,563 | $4,770 |
History based on county public records data.
Nearby schools
5
Whittier International Elementary School
Public District KG-5
0.5 mi
•2008 Pine St
5
University Hill Elementary School
Public District PK-5
0.7 mi
•956 16th St
7
Flatirons Elementary School
Public District KG-5
0.8 mi
•1150 7th 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 $60,972. Residents of Boulder, CO typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
39%
<35k
37%
35k-100k
10%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
79%
Single, No Kids
3%
Single, with Kids
14%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
1%
12-17 yrs old
53%
18-34 yrs old
35%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Major League Soccer (MLS)
NBA/WNBA
Where do the neighbors shop?
H&M
Banana Republic
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Starbucks
What do the neighbors drive?
Audi
Infiniti
Pontiac
What do the neighbors listen to?
Alternative
Urban Contemporary
Talk/Personality
All data provided by Home Junction and Claritas
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This home is located at 1540 Grove St in Boulder, CO and zip code 80302 in the West Boulder neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $1,300,000.
While more than 13 listings in Boulder, CO in March 2025 were sold above asking price, there were more than 26 listings sold at asking price, and more than 69 were sold below. In March 2025 in Boulder, CO there were 33.2% more homes for sale than in February. In March 2025 median list price was $982,256 and the average listing age was 51 days.
From Rocket Homes Real Estate and based on county public records data.