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879-881 19th StreetBoulder, CO 80302

For Sale

$3,100,000

Smart Buyer Rebate $31,000

Turn-key and teeming with potential! This Prime investment property sits right on the edge of CU's buzzing campus, nestled in one of University Hill's most coveted blocks. With smart upgrades, strong tenant demand, and solid rental returns, it's a ready-to-roll opportunity for your next portfolio win! RHL-00995550 Duplex + 4 Rooming Units. 879 is a three bed / 1 bath carriage house with character. 881 is a 1960's purpose-built student housing apartment building with 7 beds and 3 baths. Together they share 10 parking spaces (a highly valued amenity), an outdoor hardscaped patio and arguably the best location on the Hill, a stone's throw from CU Campus, like literally. Leased through 7/2026 with a net zero lease (tenants pay for trash, water, sewer, gas, electric and grounds). Property is professionally managed by Sunnyside and has a proven track record of running at a 20% expense ratio. 100% of windows have been replaced with double pane, high-efficiency vinyl. Newer roofs, new insulation and appliances, boiler and furnace, EV charger.

Listed by Heidi Schamber

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License #IRP16377

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Market Real Estate

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303-444-4344

Last updated August 31, 2025

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Source: REcolorado #IR1033265

Listing Facts

  • TypeMulti-family
  • NeighborhoodLower Chautauqua
  • Days on Prevu123
  • Taxes$9,951/year

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

05/06/2025
Listed by Market Real Estate
$3,100,000

Property Details for 879-881 19th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Roof: Composition
  • Window Features: Double Pane Windows
  • Year Built: 1963
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,880
  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6,023

Financial

Residential Income

  • Cap Rate: 5.28
  • Gross Income: $16,397.00
  • Operating Expense: $45,351.00

Taxes

  • Parcel Number: R0006279
  • Tax Annual Amount: $9,951.00
  • Tax Year: 2024

Interior

Features

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

Rooms

  • Basement: Crawl Space
  • Has Basement: Yes

Other

General

  • Exclusions: Tenant's personal property

Location

  • Subdivision Name: University Place

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

  • Cooling: Air Conditioning-Room
  • 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.