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1511 BroadwayBoulder, CO 80302

For Sale

$3,050,000

Smart Buyer Rebate $30,500

Back on the market due to buyer financing - not due to any fault of the seller or the property. This rare investment opportunity on Boulder's coveted Hill is listed well below its recent $3.46 million appraisal. An exceptional performer with 7.09 CAP rate and 13.09 GRM, the property has a flawless occupancy record and secured rental income through August 2026. The property is ideally positioned just a one block to CU Boulder and 5 blocks to Pearl Street, directly across from the brand new beautifully curated Limelight Hotel & Conference Center. Set on an expansive lot stretching from Broadway to the alley, the property offers unparalleled outdoor space and convenience with parking for 10+ vehicles. The exterior has been freshly painted, with new decking on the covered front porch and a flagstone patio perched above Broadway. A spacious rear patio and an upper-level balcony provide additional outdoor living options. Inside, the residence functions beautifully as a legal 4-plex yet lives like a grand single home. Currently configured as 12 bedrooms, 4 bathrooms, and 3 kitchens across three levels - each with its own kitchen - there's ample flexibility to tailor the layout to your vision. A substantial living room offers the potential for an additional bedroom or entertainment space. Recent updates include a new water heater (2024), two new washers and dryers in the shared laundry, and durable hard-surface flooring in common areas. With strong rental history, prime location, and opportunities for value-add improvements, this is a sophisticated, income-producing asset in one of Boulder's most sought-after neighborhoods.

Listed by Stacy Robinson

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License #IRP26431

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Robinson Investment Co., Inc.

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303-817-8345

Listed by J Cory Robinson

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License #IRP11487

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Robinson Investment Co., Inc.

Last updated August 25, 2025

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Source: REcolorado #IR1035830

Listing Facts

  • TypeMulti-family
  • NeighborhoodThe Hill
  • Days on Prevu94
  • Taxes$10,311/year

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

07/22/2025
Status changed to Active
$3,050,000
07/22/2025
Price Decreased
$3,050,000
07/20/2025
Status changed to Withdrawn
$3,150,000
06/16/2025
Status changed to In Contract
$3,150,000
06/04/2025
Listed by Robinson Investment Co., Inc.
$3,150,000

Property Details for 1511 Broadway

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Roof: Composition
  • Window Features: Window Coverings
  • Year Built: 1907
  • Construction Materials: Frame
  • Exterior Features: Balcony

Features

  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,582
  • Lot Size Acres: 0.16
  • Lot Size Square Feet: 7,056

Financial

Residential Income

  • Cap Rate: 7.09
  • Gross Income: $18,312.00
  • Operating Expense: $16,608.00

Taxes

  • Parcel Number: R0003360
  • Tax Annual Amount: $10,311.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer

Rooms

  • Has Basement: Yes

Other

Location

  • Subdivision Name: Grand View Heights

Parking

Parking

  • Parking Total: 10

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

  • Heating: Hot Water
  • Laundry Features: In Unit
  • Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
  • Water Source: Public

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.