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1265-1267 Balsam AvenueBoulder, CO 80304

For Sale

$1,297,000

Smart Buyer Rebate $12,970

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 August 07, 2025

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Source: REcolorado #IR1028124

Listing Facts

  • TypeMulti-family
  • NeighborhoodOld North Boulder
  • Days on Prevu181
  • Taxes$7,886/year

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

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: 3.37
  • 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

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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.