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Sold on 10/12/2023

1920 22nd St, Boulder, CO 80302

  • $1,487,000

    Last sold 10/12/2023 for $1.49M

  • —

    bed

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    bath

Multi-family not for sale
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About 1920 22nd St

Property type Multi-family
Neighborhood
Year built 1986
HOA fee $0/month
Lot size 3,920 Sqft
Movoto estimate
Rental estimate
Property description
NEW PRICE! Downtown side by side duplex! First time this investment property is being offered by the original owner. Terrific location to Pearl Street, set off of on a quiet dead end street and across from a small neighborhood pocket park. Well maintained with plenty of off street parking & enclosed back patios. Current rents are significantly under current rental market rates. Leases in place until August 2024. Tremendous potential for investor to cosmetically improve the units and raise rents. Possibly add a bedroom in lower level??? Newer HVAC in both units & new exterior paint, new upper decking, basement bathrooms recently remodeled, all decks refinished in 2023. Seller participating in a 1031.
Listed by
Listing Agent - Lynn Ryan
Listing Agent Contact: 3034890309
Listing Office - RE/MAX of Boulder, Inc
Source: IRESMLS mls logo
MLS#991974 • last updated 8 months ago
Movoto checked IRESMLS for data 9 minutes ago
Overview
Heating Forced Air, Individual Heat Source
Levels/Style Two
MLS # 991974
Type Residential Income
Status Sold
SubType Duplex
Lot Size (Acres) 0.09
Annual Tax 7625
Interior
Basement Full, Partially Finished, Daylight, Sump Pump
Fireplace Desc None
Accessibility Features Level Lot, Level Drive
Window Features Window Coverings
Interior Features Separate Dining Room, Open Floorplan, Washer/Dryer Hookup, Shared Bath, Outside Entry
Exterior
Roof Composition
Construction Frame, Composition, Painted/Stained
Exterior Features Balcony
Structure Duplex
Lot Features Cul-De-Sac, Level, House Faces West, Paved, Curbs, Gutters, Sidewalks
Fencing Fenced
Amenities / Utilities
Green Features: Energy Efficiency Windows
Utilities Natural Gas Available, Electricity Available, Cable Available, High Speed Avail
Sewer/ Septic Public Sewer
Electricity Xcel Energy
Water Source City
Appliances Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Fire Alarm
Location
View Hills
County Boulder
Subdivision Mini-Park Place Sub
Middle School Casey
High School District Boulder Valley Dist RE2
APN R0105766
Directions From Pearl Street Go South On 22nd And Duplex Will Be On The East Side. Plenty Of Parking In Front Of Unit.
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer, Trash Collection
Total # of Units 2
Cap Rate 4.14
Operating Expense 10724
Gross Income 76800
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street, Alley
Road Surface Concrete
$1.48M
Range: $1.11M-$1.85M
Last 30 days 
Rental est.: $1,528/month
Gross rent multiplier: 81.3
  • Oct 2023
    mls logo MLS # 991974
  • Oct 12, 2023 Sold
    $1,490,000
  • Sep 19, 2023 Price Change
    $1,595,000 (-5.9%)
  • Jul 12, 2023 Listed
    $1,695,000 (-5.6%)
  • Oct 2023
    Public Records
  • Oct 12, 2023 Sold
    $1,490,000 (-6.6%)
  • Jun 2023
    mls logo MLS # 990152
  • Jun 16, 2023 Listed
    $1,795,000
  • 1920 22nd St
    $1.49M
  • Whittier
    $950K -20% y/y
  • 80302
    $1.45M -7% y/y
  • Boulder
    $999K -33% y/y
No chart available
Statistics calculated by Movoto

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7/10
Whittier Elementary School
public Grades K-5
Boulder Valley Re 2 School District
4/10
Casey Middle School
public Grades 6-8
Boulder Valley Re 2 School District
8/10
Boulder High School
public Grades 9-12
Boulder Valley Re 2 School District
Source: GreatSchools.org © 2026. All rights reserved.

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