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Sold on 06/05/2024

401 Pearl St, Boulder, CO 80302

$1,072,000

Last sold 06/05/2024 for $950K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 401 Pearl St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Rental estimate
Property description
West Pearl duplex! One 2 bedroom and one 1 bedroom unit with long term tenants paying below market rent. Please note, these units are in need of updating representing an outstanding opportunity to renovate and add value. Multiple possibilities including owner occupant on one side while gaining income from the adjoining unit or convert to a single family home in one of Boulder's most prized locations. Smart Reg compliant with current rental licenses in effect. Also, the adjacent properties located at 405 Pearl ($1.025) and 2010 4th Street (999k) are for sale and it's only 13 blocks to the Laughing Goat.
Listed by
Listing Agent - Daryl Smith
Listing Agent Contact: 3038180233
Listing Office - RE/MAX of Boulder, Inc
Source: IRESMLS mls logo
MLS#1008994 • last updated 10 months ago
Movoto checked IRESMLS for data 9 minutes ago
Overview
Heating Hot Water, Baseboard
Levels/Style Two
MLS # 1008994
Type Residential Income
Status Sold
Lot Size (Acres) 0.1
Annual Tax 8822
Interior
Basement Partial, Unfinished
Exterior
Roof Composition
Construction Vinyl Siding
Lot Features Corner Lot
Amenities / Utilities
Green Features: Energy Efficiency Southern Exposure
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Appliances Gas Range, Refrigerator, Washer, Dryer
Location
County Boulder
Subdivision Boulder O T East & West & North
Middle School Casey
High School District Boulder Valley Dist RE2
APN R0000310
Multifamily Details
Tenant Pays Gas, Electricity, Water, Sewer
Total # of Units 2
Cap Rate 2.68
Operating Expense 11742
Income Includes Lease/Rents
Gross Income 39900
$1.07M
Range: $921K-$1.22M
Last 30 days 
Rental est.: $1,443/month
Gross rent multiplier: 54.9
  • Jun 2024
    Public Records
  • Jun 10, 2024 Sold
    $950,000
  • Jun 2024
    mls logo MLS # 1008994
  • Jun 5, 2024 Sold
    $950,000 (-9.5%)
  • May 20, 2024 Pending
    —
  • May 8, 2024 Listed
    $1,050,000 (+153.0%)
  • May 2024
    mls logo MLS # IR1008994
  • May 8, 2024 Listed
    $1,050,000
  • Jun 2003
    Public Records
  • Jun 12, 2003 Sold
    $415,000
  • Year Property taxes Tax assessment
  • 2024
    $8,825
    $100,413 +18.73%
  • 2023
    $8,822 +10.2%
    $84,572
  • 2022
    $8,004 +2.6%
    $84,572 -4.9%
  • 2021
    $7,804 +15.2%
    $88,925 +14.28%
  • 2020
    $6,773 +1.6%
    $77,814
  • 2019
    $6,670 +18.8%
    $77,814 +20.12%
  • 2018
    $5,616 +11.3%
    $64,778 -9.55%
  • 2016
    $5,047 +5.6%
    $71,616
  • 2015
    $4,780
    —
  • 401 Pearl St
    $950K
  • Downtown Boulder
    $699K -28% y/y
  • 80302
    $1.45M -1% y/y
  • Boulder
    $1.05M -26% 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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