Movoto Real Estate
Sold on 12/21/2020

1503 20th St, Boulder, CO 80302

$3,506,000

Last sold 12/21/2020 for $3.07M

  • —

    bed

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    bath

Multi-family not for sale

About 1503 20th St

Property type Multi-family
Neighborhood
Year built 1880
HOA fee $0/month
Lot size 0.31 Acre
Movoto estimate
Rental estimate
Property description
Property highlights: Two side-by-side properties, One 4-BR Unit, two 3-BR units and four 2-BR units, Fully leased, 100% pre-leased for 2020-2021 school year, Onsite Storage, Off-Street Parking.The appeal is real for these two lodge-like properties with A + grades in student housing. The convenient 20th Street location puts residents close to class, just minutes from CU or Naropa, plus all the action of downtown Boulder's restaurants, bars, shopping and more. The gabled cabin-style exteriors evoke a sort of rustic resort charm while the updated interiors deliver bright spaces for student life to thrive.
Listed by
Listing Agent - Todd Walsh
Listing Agent Contact: 3034445040
Listing Office - Todd Walsh, CCIM
Source: IRESMLS mls logo
MLS#911786 • last updated 1 year ago
Movoto checked IRESMLS for data 6 minutes ago
Overview
Heating Forced Air
Levels/Style Two
MLS # 911786
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.31
Annual Tax 15288.52
Interior
Basement Partial
Exterior
Roof Composition
Construction Frame
Lot Features Curbs, Gutters
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Cable Available
Sewer/ Septic Public Sewer
Water Source City
Appliances All Appliances
Location
County Boulder
Subdivision Tract 169
Middle School Manhattan
High School District Boulder Valley Dist RE2
APN R0007912
Directions Heading West On Arapahoe Take A Left On 20th. The Property Will Be On The Right Side.
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer, Exterior Maintenance, Parking Fee
Total # of Units 7
Cap Rate 5.11
Operating Expense 59151.95
Income Includes Lease/Rents, Parking
Gross Income 227918.4
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street
$3.5M
Range: $2.69M-$4.31M
Last 30 days 
Rental est.: $1,503/month
Gross rent multiplier: 170.4
  • Dec 2020
    mls logo MLS # 911786
  • Dec 21, 2020 Sold
    $3,074,000 (-6.8%)
  • May 14, 2020 Listed
    $3,300,000 (-1.3%)
  • Aug 2019
    mls logo MLS # 8255541
  • Aug 22, 2019 Price Change
    $3,345,000 (-7.1%)
  • Jul 26, 2019 Price Change
    $3,600,000 (+2.9%)
  • Jul 26, 2019 Listed
    $3,500,000 (+78.1%)
  • Sep 2007
    Public Records
  • Sep 4, 2007 Sold
    $1,965,000
  • Year Property taxes Tax assessment
  • 2025
    $19,952 -18.9%
    $203,325 -25.71%
  • 2024
    $24,606 +1.8%
    $273,702 -1.33%
  • 2023
    $24,162 +46.4%
    $277,387 +61.23%
  • 2022
    $16,501 +2.5%
    $172,040 -3.75%
  • 2021
    $16,096 +3.4%
    $178,751
  • 2020
    $15,559 +65.2%
    $178,751
  • 2015
    $9,419
    —
  • 1503 20th St
    $3.07M
  • Colorado University
    $516K
  • 80302
    $1.35M -15% y/y
  • Boulder
    $998K -33% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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