1511 Broadway, Boulder, CO, 80302

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$3,050,000
136 Days On Site

1511 Broadway
Boulder, CO 80302

For Sale|Quadruplex|Active Under Contract
0
Beds
0
Total Baths
3,582
SqFt
$851
/SqFt
1907
Built
Subdivision:
Grand View Heights
County:
Boulder
1511 Broadway1511 Broadway1511 Broadway1511 Broadway
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Monthly Payment (Est.)

$13,915
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Back on the market due to buyer financing - not due to any fault of the seller or the property. This rare investment opportunity on Boulder's coveted Hill has BT-2 zoning - allowing commercial or residential improvements. Currently used as a powerhouse residential rental, this multi-family property is listed well below its recent $3.46 million appraisal. An exceptional performer with 7.09 CAP rate and 13.09 GRM, the property has a flawless occupancy record and secured rental income through August 2026. The property is ideally positioned just a one block to CU Boulder and 5 blocks to Pearl Street, directly across from the brand new beautifully curated Limelight Hotel & Conference Center. Set on an expansive lot stretching from Broadway to the alley, the property offers unparalleled outdoor space and convenience with parking for 10+ vehicles. The exterior has been freshly painted, with new decking on the covered front porch and a flagstone patio perched above Broadway. A spacious rear patio and an upper-level balcony provide additional outdoor living options. Inside, the residence functions beautifully as a legal 4-plex yet lives like a grand single home. Currently configured as 12 bedrooms, 4 bathrooms, and 3 kitchens across three levels - each with its own kitchen - there's ample flexibility to tailor the layout to your vision. A substantial living room offers the potential for an additional bedroom or entertainment space. Recent updates include a new water heater (2024), two new washers and dryers in the shared laundry, and durable hard-surface flooring in common areas. Attractive BT-2 zoning which means there is the possibility for commercial development here. Bring you vision and take advantage of the solid residential investment or design a commercial property that will serve this booming area of the Hill for years to come.

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Listing Snapshot
Price 
$3,050,000
Days On Site 
136 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,582 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
1907
MLS® Number 
IR1035830
Status 
Active Under Contract
Property Tax 
$10,311
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active Under Contract
3 months agoPrice changed to $3,050,000
5 months agoListing first seen on site
General Features
Acres 
0.16
Levels 
Three Or More
Parking Spaces 
10
Property Sub Type 
Quadruplex
Security 
Smoke Detector(s)
SqFt Total 
3582
Utilities 
Cable AvailableElectricity AvailableNatural Gas Available
Water Source 
Public
Zoning 
BT-2
Interior Features
Appliances 
DishwasherDisposalDryerOvenRefrigeratorWasher
Heating 
Hot Water
Laundry Features 
In Unit
Window Features 
Window Coverings
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Exterior Features
Construction Details 
Frame
Exterior 
Balcony
Patio And Porch 
DeckPatio
Roof 
Composition
Windows/Doors 
Window Coverings
Community Features
Financing Terms Available 
CashConventional
Roads 
Alley PavedPaved
School District 
Boulder Valley RE 2
Schools
School District
Boulder Valley RE 2
Elementary School
Flatirons
Middle School
Manhattan
High School
Boulder
Listing courtesy of Robinson Investment Co., Inc. smbr@comcast.net



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 Robinson Investment Co., Inc. 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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