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3160-3162 Folsom StreetBoulder, CO 80304

For Sale

$1,300,000

Smart Buyer Rebate $13,000

Prime Central Boulder investment! Unlock a golden opportunity in the heart of Boulder with this classic 1967 side-by-side brick duplex. Perfectly situated in Central Boulder, the property delivers both strong rental income and future potential. Each unit is currently leased at $3,000/month, and the detached garage provides an additional $480/month - with room to increase rents over time. Inside, thoughtful updates include fresh paint, new carpet, and durable LVT flooring, ensuring a turnkey experience for tenants or future owners. There is expansive alley parking. The property sits directly on the bike path and bus route, providing unmatched convenience to Boulder's best amenities - from CU, Pearl Street Mall and 29th Street shops to endless trails and outdoor adventures. Whether you're seeking a pure investment property or envision living on one side while renting the other, this versatile duplex offers the flexibility and value that make Boulder real estate so desirable.

Listed by Jed MacArthur

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License #IRP13072

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RE/MAX of Boulder, Inc

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303-570-8655

Last updated September 12, 2025

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Source: REcolorado #IR1043488

Listing Facts

  • TypeMulti-family
  • NeighborhoodGlenwood Grove - North Iris
  • Days on Prevu42
  • Taxes$6,393/year

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

09/11/2025
Listed by RE/MAX of Boulder, Inc
$1,300,000

Property Details for 3160-3162 Folsom Street

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Roof: Composition
  • Year Built: 1967
  • Construction Materials: Brick
  • Entry Location: Exterior Access

Features

  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,510
  • Lot Features: Level
  • Lot Size Acres: 0.22
  • Lot Size Square Feet: 9,406

Financial

Residential Income

  • Cap Rate: 5.14
  • Gross Income: $6,000.00
  • Operating Expense: $10,947.00

Taxes

  • Parcel Number: R0006113
  • Tax Annual Amount: $6,393.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Disposal, Dryer, Oven, Refrigerator, Washer
  • Fireplace Features: Free Standing
  • Flooring: Wood
  • Interior Features: Eat-in Kitchen, Open Floorplan

Rooms

  • Basement: Full
  • Has Basement: Yes

Other

General

  • Exclusions: Tenant property

Location

  • Subdivision Name: Oskarson

Parking

Parking

  • Parking Total: 4

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: Hot Water
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet Access (Wired), 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.