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1265-1267 Balsam AvenueBoulder, CO 80304

For Sale

$1,200,000

Smart Buyer Rebate $12,000

Introducing a rare gem, offering a multitude of opportunities! Perfectly situated on a prominent corner lot in the heart of Boulder, this property presents ownership options to develop, rent, invest or live in. For developers looking for a turnkey acquisition, this is fully entitled and PERMIT READY with architectural drawings complete from the renowned Watt Architecture, and potential for breathtaking, south-facing views in an amazing location. Alternatively, as it stands, this duplex could be the ideal candidate for an as-is investment property - lease both sides, or live in one and rent out the other. The possibilities are endless!

Listed by Jay Hebb

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License #IRP28554

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The Agency - Boulder

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720-577-5503

Listed by Greta Tesalona

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License #IRP20523

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The Agency - Boulder

Last updated November 06, 2025

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Source: REcolorado #IR1028124

Listing Facts

  • TypeMulti-family
  • NeighborhoodOld North Boulder
  • Days on Prevu280
  • Taxes$7,886/year

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

11/06/2025
Price Decreased
$1,200,000
10/15/2025
Price Decreased
$1,227,500
07/09/2025
Price Decreased
$1,297,000
05/20/2025
Price Decreased
$1,397,000
03/10/2025
Listed by The Agency - Boulder
$1,497,000

Property Details for 1265-1267 Balsam Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Roof: Composition
  • Year Built: 1950
  • Construction Materials: Brick, Frame

Measurements

  • Building Area Total: 1,552
  • Lot Size Acres: 0.21
  • Lot Size Square Feet: 9,142

Financial

Residential Income

  • Cap Rate: 3.64
  • Operating Expense: $7,886.00

Taxes

  • Parcel Number: R0007859
  • Tax Annual Amount: $7,886.00
  • Tax Year: 2023

Interior

Features

  • Appliances: Dryer, Oven, Refrigerator, Washer

Other

Location

  • Subdivision Name: Carlsons

Parking

Parking

  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Columbine
  • 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: Casey

Utilities

Equipment

  • Heating: Baseboard, Forced Air
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1265-1267 Balsam Avenue.

What schools are nearby to 1265-1267 Balsam Avenue?

Nearby schools include the Columbine Elementary School, Casey Middle School, and Boulder High School.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1265-1267 Balsam Avenue.

What are the annual taxes for 1265-1267 Balsam Avenue?

Annual taxes for this multi-family home are estimated at $7,886.

How does 1265-1267 Balsam Avenue compare to other multi-family homes in Old North Boulder?

This multi-family home is listed 20% below the average price for multi-family homes in Old North Boulder and has been on the market for 197 more days than the typical home in this area.

1265-1267 Balsam Avenue is a -bedroom multi-family home for sale in Boulder CO 80304. On Prevu for 280 days at $1,200,000. This includes a recent price decrease of $27,500. This property is located in Old North Boulder. The median listing price for multi-family homes in this area is $1,724,999. Nearby schools include Columbine Elementary School, Casey Middle School, and Boulder High School. Additional amenities include parking and washer/dryer. Explore more multi-family home listings in Boulder.

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Prevu are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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.