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Sold on 06/14/2018

980 University Ave, Boulder, CO 80302

$1,852,000

Last sold 06/14/2018 for $1.39M

  • —

    bed

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    bath

Multi-family not for sale
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About 980 University Ave

Property type Multi-family
Neighborhood
Year built 1916
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Rental estimate
Property description
Terrific Duplex Opportunity on the Hill With Tremendous Potential. Current Configuration Licensed for 6 Bedrooms, However Minor Modifications May Allow for Utilization of All 8 Existing Bedrooms With 4 Unrelated per Unit. Multiple Entrances, 6 Parking Spaces. Interesting Architectural Details & Built-Ins, New Windows, Wood Floors & Large Living Spaces. Large Covered Porch, Private Patio Areas & Large Yard. Fully Fire Sprinklered & Smart Regs Compliant. Zoning RMX-1.
Listed by
Listing Agent - Michael-Ryan McCarty
Listing Agent Contact: 3034421040
Listing Office - Gibbons-White, Inc.
Source: IRESMLS mls logo
MLS#850262 • last updated 1 year ago
Movoto checked IRESMLS for data 6 minutes ago
Overview
Cooling/AC Evaporative Cooling
Heating Forced Air
Levels/Style One
MLS # 850262
Type Residential Income
Status Sold
SubType Single Family Residence
Lot Size (Acres) 0.15
Annual Tax 4865
Interior
Basement Full
Flooring Wood
Interior Features Eat-in Kitchen, Separate Dining Room, Washer/Dryer Hookup
Exterior
Roof Composition
Construction Brick
Patio & Porch Patio, Deck
Lot Features Corner Lot, Wooded, Evergreen Trees, Deciduous Trees, House Faces North, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant Within 500 Feet
Other Structures Storage
Fencing Partial
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Appliances Electric Range, Refrigerator, Washer, Dryer
Location
County Boulder
Subdivision CAPITOL HILL - BO
Middle School Manhattan
High School District Boulder Valley Dist RE2
APN R0003860
Directions From Broadway And University, To Property At NW Corner Of 10th And University
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer, Trash Collection
Total # of Units 2
Cap Rate 5.48
Operating Expense 6473
Income Includes Lease/Rents
Gross Income 80400
Lot/ Land Details
Possible Use Single Family, Multi-Family
$1.85M
Range: $1.4M-$2.29M
Last 30 days 
Rental est.: $1,503/month
Gross rent multiplier: 77.1
  • Jun 2018
    Public Records
  • Jun 18, 2018 Sold
    $1,390,000
  • Jun 2018
    mls logo MLS # 850262
  • Jun 14, 2018 Sold
    $1,390,000
  • May 16, 2018 Listed
    $1,350,000
  • Jun 2018
    mls logo MLS # IR850262
  • Jun 14, 2018 Sold
    $1,390,000 (+3.0%)
  • Year Property taxes Tax assessment
  • 2025
    $11,172 +4.8%
    $115,475 -3.36%
  • 2024
    $10,660 +1.8%
    $119,495 +22.96%
  • 2023
    $10,469 +14.1%
    $97,179
  • 2022
    $9,174 +2.6%
    $97,179 +2.65%
  • 2021
    $8,945 +8.6%
    $94,666
  • 2020
    $8,240 +1.6%
    $94,666
  • 2019
    $8,114
    $94,666
  • 980 University Ave
    $1.39M
  • University Hill
    $479K -70% y/y
  • 80302
    $1.35M -15% y/y
  • Boulder
    $998K -33% y/y
No chart available
Statistics calculated by Movoto

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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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