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1037 12th StreetBoulder, CO 80302

For Sale

$5,200,000

Smart Buyer Rebate $52,000

A 13-bed student housing property situated in the heart of The Hill, offering strong rental demand, consistent cash flow, and close proximity to the University of Colorado and downtown Boulder.

Listed by Brian Mannlein

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License #IRP13305

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Cushman Wakefield

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970-402-8783

Last updated May 20, 2025

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Source: REcolorado #IR1033773

Listing Facts

  • TypeMulti-family
  • NeighborhoodThe Hill
  • Days on Prevu181
  • Taxes$18,834/year

Location

Mortgage Calculator

Listing History

03/10/2025
Listed by Cushman Wakefield
$5,200,000

Property Details for 1037 12th Street

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Roof: Composition
  • Window Features: Window Coverings
  • Year Built: 1895
  • Construction Materials: Frame

Measurements

  • Building Area Total: 3,800
  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6,235

Financial

Residential Income

  • Cap Rate: 4.85
  • Gross Income: $23,605.00
  • Operating Expense: $48,104.00

Taxes

  • Parcel Number: R0006058
  • Tax Annual Amount: $18,834.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Down Draft, Oven

Rooms

  • Basement: Crawl Space

Other

General

  • Exclusions: Tenants possessions.

Location

  • Subdivision Name: University Place

Schools

Elementary School

  • Elementary School: Flatirons
  • Elementary School District: Boulder Valley RE 2

High School

  • High School: Boulder
  • High School District: Boulder Valley RE 2

Middle or Junior School

  • Middle Or Junior School: Manhattan

Utilities

Equipment

  • Cooling: Air Conditioning-Room
  • Heating: Baseboard, Forced Air
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.