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2535 Spruce Street , Boulder, CO 80302

$3,200,000
  • 2535 Spruce Street , Boulder, CO 80302 Main Photo

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BEDS12 BATHS8 SQUARE FEET4,280 MLS#4892009
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPine Street SCHOOLBoulder Valley RE 2

Listing Courtesy of: ERA New Age
Agency Contact: shelby@newagere.com,720-387-5262
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Property Description

Exceptional investment opportunity in one of Boulders most sought-after locations. Situated just minutes from Downtown Boulder, this well-maintained fourplex offers a rare combination of strong in-place income, long-term appreciation potential, and value-add upside in a market where multifamily inventory is exceedingly limited.The property consists of four spacious 3-bedroom, 1.5-bathroom units with highly functional floor plans that continue to attract quality tenants year after year. Each unit features generous living space, private entrances, and layouts designed for long-term rental appeal. Off-street parking, on-site laundry, and mature landscaping further enhance tenant satisfaction and retention.Located in the heart of Boulder, residents enjoy convenient access to Pearl Street, the University of Colorado, Googles Boulder campus, 29th Street, extensive bike paths, public transit, and countless outdoor recreation opportunities. The propertys central location supports consistent rental demand and minimizes vacancy risk.Current rents provide immediate income with additional upside potential through future renovations, operational efficiencies, or market rent adjustments. Whether youre looking to expand an existing portfolio, complete a 1031 exchange, or secure a premier asset in one of Colorados strongest rental markets, this is an opportunity to acquire a high-demand multifamily property with both stability and growth potential.Investment Highlights:¢ Four 3-bedroom, 1.5-bathroom units¢ Prime central Boulder location¢ Strong and consistent rental demand¢ Value-add and rental growth potential¢ Off-street parking and on-site laundry¢ Proximity to CU Boulder, Google, Pearl Street, and major employment centers¢ Excellent walkability, bikeability, and transit access¢ Rare multifamily asset in a supply-constrained market

2535 Spruce Street | MLS# 4892009

This multi-family property located at 2535 Spruce Street , Boulder, CO 80302 is currently listed for sale with an asking price of $3,200,000. Spruce Street is located within the Boulder Valley RE 2 school district. Search Boulder real estate on atuttle.thecuttingedgerealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Air Conditioning-Room, Central Air
Heating: Forced Air
Lot Size: 0.17 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $13,293
Year Built: 1989

Feature Descriptions

Baths Total: 8
Days on Site: 4
Exclusions: tenants personal property
Exterior: Frame
Laundry: In Unit
Parcel#: R0003308
Sewer: Public Sewer
Water: Public

Local Schools

High School: Boulder
Middle School: Casey
Elementary School: Whittier Int'l
School District: Boulder Valley RE 2

Listed By / Shown By

Listed By

Agency Name: ERA New Age
Agency Contact: shelby@newagere.com,720-387-5262

Shown By

Agent Name: Alison (Ali) Tuttle
Agent Phone: (860) 428-3841
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 17,803.44 per month $15,762.36 Principal & Interest $1,107.75 Property Tax $933.33 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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