Movoto Real Estate
Sold on 04/22/2025

648 University Ave, Boulder, CO 80302

  • $2,100,000

    Last sold 04/22/2025 after 1 Day

  • bed

  • bath

Multi-family not for sale
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About 648 University Ave

Property type Multi-family
Neighborhood
Year built 1907
HOA fee $0/month
Lot size 6,098 Sqft
Rental estimate
Property description
Rented, Renovated, and Ready to Go! Perched on a prime corner lot at 7th & University, this impressive Victorian triplex offers the perfect blend of historic charm and modern convenience. It's a peaceful part of The Hill yet just moments from CU, Downtown, and scenic hiking trails. Residents love calling this place home especially with ample street parking always available. The full remodel of all three units also included a new roof and boiler system. The tasteful renovations seamlessly integrate contemporary comforts while preserving the timeless elegance of this Victorian gem. Unit 2 (4BD/2BA) features hardwood floors in the bedrooms and living spaces, stylish tile in the kitchen and bathrooms, stainless steel appliances, stone countertops, elegant trim, abundant natural light, and a spacious covered front porch. Unit 3 (2BD/2BA) offers similar high-end finishes, with two generously sized carpeted bedrooms and a bright, open-concept living room that flows into the updated kitchen. Unit 1 (2BD/1BA) is a unique penthouse suite designed for maximum space efficiency, featuring a great room that combines the kitchen and living area, along with two sizable bedrooms, each spacious enough to double as an office. All 3 units share a fenced in community back yard. This sought-after triplex enjoys full occupancy year-round, with rental rates that climb annually. Currently rented through early August 2026. Don't miss this fabulous investment opportunity!
Listed by
Listing Agent - Stacy Robinson
Listing Agent Contact: 3034643903
Listing Office - Robinson Investment Co., Inc.
Source: IRESMLS mls logo
MLS#1031811 • last updated 8 months ago
Movoto checked IRESMLS for data 1 minute ago
Overview
Heating Hot Water
Levels/Style Three Or More, Victorian
MLS # 1031811
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.14
Annual Tax 10482
Interior
Basement Partially Finished
Flooring Wood
Fireplace Desc One
Exterior
Roof Composition
Construction Frame
Lot Features Corner Lot, Paved, Curbs, Sidewalks, Street Light
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Cable Available, Master Meter-Electric, Master Meter-Gas, High Speed Avail
Electricity Xcel Energy
Water Source City
Appliances Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Fire Alarm
Location
County Boulder
Subdivision Buena Vista Heights
Middle School Manhattan
High School District Boulder Valley Dist RE2
APN R0006521
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer, Trash Collection
Total # of Units 3
Cap Rate 5.94
Operating Expense 16252
Income Includes Lease/Rents
Gross Income 141000
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Apr 2025
    mls logo MLS # 1031811
  • Apr 22, 2025 Sold
    $2,100,000
  • Apr 22, 2025 Listed
    $2,100,000 (+121.1%)
  • Apr 2025
    mls logo MLS # IR1031811
  • Apr 22, 2025 Listed
    $2,100,000
  • Aug 2014
    mls logo MLS # 740317
  • Aug 8, 2014 Sold
    $950,000
  • Jun 15, 2014 Listed
    $950,000
  • 648 University Ave
    $2.1M
  • Central Boulder - University Hill
    $2.45M
  • 80302
    $1.45M -7% y/y
  • Boulder
    $1.04M -30% y/y
No chart available
Statistics calculated by Movoto

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

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