INCOME PROPERTY -- OR THE PERFECT PLACE TO STAY WHILE ATTENDING SCHOOL -- YOU DECIDE! Beautifully remodeled 3BR/1.5BA condo less than a block from CU Boulder's main campus and a bike ride to Boulder's famed Pearl Street walking mall. Get in on a fantastic investment that could provide an annuity for years to come. Main floor kitchen welcomes with contemporary cabinets and stunning granite countertops. Low-maintenance plank flooring and newer paint provide a gracious and welcoming living area. Main floor bedroom feels like a private retreat with a wide balcony to enjoy a quiet moment. Convenient powder room on main floor. Downstairs, two spacious bedrooms with generous closet space flank a modern bathroom where efficiency meets style. One assigned parking space. Photos shown were taken during turnover period between tenants, but unit is currently occupied. So much work has already been done you'll be able to close right away and enjoy the fruits of someone else's labor. For the 2024-25 lease currently in place -- Gross income: $55,680. CAP RATE: 6.5%. Come and discover your next great investment!
Sold for $790,000
$790,000
1065 University Avenue #123, Boulder, CO 80302
3beds
992sqft
Condominium
Built in 1968
-- sqft lot
$749,800 Zestimate®
$796/sqft
$3,416 Estimated rent
Home value
$749,800
$697,000 - $802,000
$3,416/mo
Zestimate® history
Owner options
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$3,416/mo
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$3,416/mo
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$5,465/mo
Est. payment
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$5,465/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Maria Wakefield 303-506-9956,
Pear Tree Property Management
Bought with:
Kelly McBartlett, 100042503
Compass Colorado, LLC - Boulder
Source: REcolorado as distributed by MLS GRID,MLS#: 7129264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bathroom
- Level: Main
Bathroom
- Level: Basement
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s), Entrance Foyer, Granite Counters, Kitchen Island, Open Floorplan
- Flooring: Vinyl
- Basement: Finished
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 992
- Total interior livable area: 992 sqft
- Finished area above ground: 992
Property
Parking
- Total spaces: 1
- Parking features: Asphalt
- Details: Reserved Spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Courtyard
- Exterior features: Balcony
- Fencing: None
Lot
- Size: 0.96 Acres
Details
- Parcel number: R0103603
- Zoning: RH-2
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Frame
- Foundation: Slab
- Roof: Unknown
Condition
- Updated/Remodeled
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
Green energy
- Energy efficient items: Appliances, Windows
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: University Hills
HOA
- Has HOA: Yes
- Amenities included: Laundry, Parking
- Services included: Reserve Fund, Gas, Heat, Insurance, Irrigation, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
- HOA fee: $930 quarterly
- HOA name: University Townhouse Condominium Association
- HOA phone: 303-402-6900
Location
- Region: Boulder
Financial & listing details
- Price per square foot: $796/sqft
- Tax assessed value: $639,200
- Annual tax amount: $3,165
- Date on market: 10/22/2024
- Listing terms: 1031 Exchange,Cash,Conventional,Jumbo
- Exclusions: Owner's And Tenants' Personal Possessions
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2025 | Listing removed | $4,300$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/9/2025 | Listed for rent | $4,300$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2024 | Sold | $790,000-4.2%$796/sqft |
Source:  REcolorado as distributed by MLS GRID #7129264 Report a problem | ||
| 11/2/2024 | Pending sale | $825,000$832/sqft |
Source: REcolorado as distributed by MLS GRID #7129264 Report a problem | ||
| 10/31/2024 | Price change | $825,000-2.9%$832/sqft |
Source: REcolorado as distributed by MLS GRID #7129264 Report a problem | ||
| 10/22/2024 | Listed for sale | $849,900+77.1%$857/sqft |
Source: REcolorado as distributed by MLS GRID #7129264 Report a problem | ||
| 5/14/2018 | Sold | $480,000+3.2%$484/sqft |
Source:  IRES as distributed by MLS GRID #845608 Report a problem | ||
| 4/5/2018 | Pending sale | $465,000$469/sqft |
Source: Coldwell Banker Residential Brokerage - Boulder #845608 Report a problem | ||
| 4/2/2018 | Listed for sale | $465,000+79.9%$469/sqft |
Source: Coldwell Banker Residential Brokerage - Boulder #845608 Report a problem | ||
| 8/16/2007 | Sold | $258,500+23.1%$261/sqft |
Source: Public Record Report a problem | ||
| 7/6/2004 | Sold | $210,000$212/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,223 +1.8% | $39,950 +1.2% |
| 2024 | $3,165 -0.1% | $39,464 -1% |
| 2023 | $3,168 +4.7% | $39,847 +19.6% |
| 2022 | $3,025 +3.9% | $33,311 -2.8% |
| 2021 | $2,911 | $34,270 +2.5% |
| 2020 | $2,911 +32.4% | $33,441 |
| 2019 | $2,199 | $33,441 +31.9% |
| 2018 | $2,199 | $25,358 -9.5% |
| 2017 | $2,199 -2.6% | $28,035 +7.5% |
| 2016 | $2,257 +5.6% | $26,069 +21.5% |
| 2015 | $2,137 +18.4% | $21,460 |
| 2014 | $1,804 +22.4% | $21,460 |
| 2013 | $1,474 +0.9% | $21,460 +22% |
| 2012 | $1,461 -3.4% | $17,592 |
| 2011 | $1,512 +7.1% | -- |
| 2010 | $1,412 +1.4% | $18,710 |
| 2009 | $1,393 +3.5% | $18,710 -14.1% |
| 2008 | $1,345 +4.2% | $21,770 |
| 2007 | $1,291 +3.7% | $21,770 +7.8% |
| 2006 | $1,245 +2.3% | $20,200 |
| 2005 | $1,216 +0.7% | $20,200 +1.5% |
| 2004 | $1,208 +43.9% | $19,910 |
| 2003 | $839 +10.3% | $19,910 +65.5% |
| 2002 | $761 | $12,030 -90.9% |
| 2001 | -- | $131,500 |
Find assessor info on the county website
Neighborhood: University Hill
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Nearby schools
GreatSchools rating
- 6/10Flatirons Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Manhattan Middle School Of The Arts And AcademicsGrades: 6-8Distance: 2.9 mi
- 10/10Boulder High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Flatirons
- Middle: Manhattan
- High: Boulder
- District: Boulder Valley RE 2
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$749,800
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Estimated market value
$749,800
- Colorado
- Boulder County
- Boulder
- 80302
- University Hill
- 1065 University Avenue Unit 123
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