Movoto Real Estate
Sold on 04/11/2025

4885 Eisenhower Dr, Boulder, CO 80303

  • $1,662,000

    Last sold 04/11/2025 for $1.6M

  • bed

  • bath

Multi-family not for sale
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About 4885 Eisenhower Dr

Property type Multi-family
Neighborhood
Year built 1973
HOA fee $0/month
Lot size 10,454 Sqft
Movoto estimate
Rental estimate
Property description
Welcome to 4885 Eisenhower Drive in beautiful Boulder, CO-a fantastic opportunity to invest in a well-maintained 4-unit apartment building nestled in a serene residential neighborhood. This property boasts a generous 4,144 square feet of living space on a 10,629 square foot lot, ensuring plenty of room for tenants to enjoy.Each unit offers two spacious bedrooms and two bathrooms, including a primary bedroom with a private 3/4 bath and a second bedroom with access to a full bath. The large living areas are perfect for relaxation or entertaining, offering tenants a comfortable and inviting space to call home.Additional perks include a detached garage, complete with a storage locker ideal for bikes and outdoor gear-a must-have for those who love to explore Boulder's renowned bike paths. The location is prime, with convenient proximity to a variety of restaurants, shopping options, and easy access to outdoor activities.Having been owned by the same family for nearly 40 years, this property has been lovingly cared for and presents a unique opportunity. The current rents are below market value, providing the new owner with significant potential to increase income. Don't miss out on this exceptional investment opportunity in one of Boulder's most desirable areas!
Listed by
Listing Agent - Dave Naber
Listing Agent Contact: 3038756933
Listing Office - Compas - Boulder
Source: IRESMLS mls logo
MLS#1026668 • last updated 8 months ago
Movoto checked IRESMLS for data 16 minutes ago
Overview
Heating Forced Air
Levels/Style Two
MLS # 1026668
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.24
Annual Tax 9796
Interior
Basement None
Fireplace Desc One
Window Features Window Coverings
Exterior
Roof Fiberglass
Construction Frame, Brick
Lot Features Wooded
Amenities / Utilities
Green Features: Energy Efficiency Windows
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Water Source City
Appliances Electric Range, Dishwasher, Refrigerator, Washer, Dryer
Location
County Boulder
Subdivision Arapahoe Ridge 4
Middle School Manhattan
High School District Boulder Valley Dist RE2
APN R0012208
Multifamily Details
Tenant Pays Gas, Electricity
Total # of Units 4
Cap Rate 2.63
Operating Expense 27533.45
Income Includes Lease/Rents
Gross Income 70860
Lot/ Land Details
Possible Use Multi-Family
$1.66M
Range: $1.42M-$1.89M
Last 30 days 
Rental est.: $1,924/month
Gross rent multiplier: 69.3
  • Apr 2025
    Public Records
  • Apr 14, 2025 Sold
    $1,600,000
  • Apr 2025
    mls logo MLS # 1026668
  • Apr 11, 2025 Sold
    $1,600,000 (-3.0%)
  • Feb 19, 2025 Listed
    $1,650,000
  • Feb 2025
    mls logo MLS # IR1026668
  • Feb 19, 2025 Listed
    $1,650,000
  • 4885 Eisenhower Dr
    $1.6M
  • East Foothills
    $660K -54% y/y
  • 80303
    $660K -45% y/y
  • Boulder
    $1.03M -31% y/y
No chart available
Statistics calculated by Movoto

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10/10
Source: GreatSchools.org © 2026. All rights reserved.

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