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Sold on 09/30/2022

2690 Valmont Rd, Boulder, CO 80304

$2,481,000

Last sold 09/30/2022 for $2.35M

  • —

    bed

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    bath

Multi-family not for sale
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About 2690 Valmont Rd

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Lot size 8,276 Sqft
Movoto estimate
Rental estimate
Property description
Back on the Market after failed financing of previous contract. Great potential for higher rents in a building with minimal - zero vacancy history spanning over a decade. Simple 1 bedroom affordable units that rent quickly in any turnover situation, with carport, laundry room and storage on site. No seller disclosure, estate has no hands on knowledge of past repairs and/or improvements offered "as is". Showings scheduled by listing office with a few units (not all) unless accompanied by offer
Listed by
Listing Agent - Patty Young
Listing Agent Contact: 3034427368
Listing Office - Property Resources, Inc.
Source: IRESMLS mls logo
MLS#965790 • last updated 1 year ago
Movoto checked IRESMLS for data 5 minutes ago
Overview
Heating Baseboard
Levels/Style Tri-Level, Legal Conforming
MLS # 965790
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.19
Annual Tax 18352
Interior
Basement None
Fireplace Desc Free Standing
Accessibility Features Level Lot, Level Drive, Near Bus
Window Features Window Coverings
Interior Features Washer/Dryer Hookup
Exterior
Roof Composition
Construction Frame
Lot Features House Faces North, City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light
Fencing Chain Link, Other
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Location
County Boulder
Community Features Extra Storage, Community Laundry
Subdivision None
Middle School Casey
High School District Boulder Valley Dist RE2
APN R0081069
Directions Between 28th And Folsom On The South Side Of Valmont
Multifamily Details
Tenant Pays Gas, Electricity, Water, Sewer, Trash Collection
Total # of Units 10
Cap Rate 3.37
Operating Expense 26923
Income Includes Lease/Rents, Laundry
Gross Income 111255
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street
$2.48M
Range: $2.1M-$2.85M
Last 30 days 
Rental est.: $1,619/month
Gross rent multiplier: 121.0
  • Oct 2022
    Public Records
  • Oct 3, 2022 Sold
    $2,350,000
  • Sep 2022
    mls logo MLS # 965790
  • Sep 30, 2022 Sold
    $2,350,000 (-6.0%)
  • Aug 1, 2022 Pending
    —
  • Jul 31, 2022 Listed
    —
  • May 25, 2022 Pending
    —
  • May 17, 2022 Listed
    $2,500,000
  • Year Property taxes Tax assessment
  • 2025
    $14,812 -29.7%
    $146,876 -36.37%
  • 2024
    $21,074 +1.9%
    $230,815 -1.57%
  • 2023
    $20,683 +10.0%
    $234,500 +20.58%
  • 2022
    $18,810 +2.5%
    $194,480 -4.9%
  • 2021
    $18,352 +17.1%
    $204,491 +13.63%
  • 2020
    $15,665 +49.4%
    $179,966
  • 2015
    $10,486
    —
  • 2690 Valmont Rd
    $2.35M
  • Glenwood Grove - North Iris
    $333K -3% y/y
  • 80304
    $1.52M -32% y/y
  • Boulder
    $998K -33% y/y
No chart available
Statistics calculated by Movoto

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3/10
Columbine Elementary School
public Grades PK, 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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