1631 19th Street
Boulder, CO 80302
7400 sqft | 0.27 acres | #3421353

Description
Located just steps from Pearl Street and CU Boulder, 1631 19th St presents a rare chance to own a stabilized 7-unit multifamily property in one of Boulder's most sought-after rental corridors. This income-producing asset features 21 bedrooms and 10 bathrooms across 7,400 square feet, offering an attractive unit mix: (2) 2BR/1BA, (3) 3BR/1BA, and (2) 4BR/2BA layouts.
With $300K in recent capital improvements, including a new roof, siding, windows, insulation, staircases, and bathroom exhaust fan systems, the property combines classic charm with upgraded infrastructure. Each unit is individually metered and professionally managed, with 12 off-street parking spaces and historically 0% vacancy—five of the seven units are pre-leased through 2026.
Boasting a 4.9% cap rate based on actuals and strong tenant demand, this is a turnkey investment in the heart of Boulder.
Property Details
- Lot DescriptionCorner Lot, Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
- Structure TypeLow Rise (1-3)
- Sewer InformationPublic Sewer
- Property SubtypeMulti Family
- Original List Price$4,850,000
- Property TypePurchase
- Exterior MaterialsBalcony
- CountyBoulder
- Taxes Annual$18,450
- MLS #3421353
- Cost4850000
- MLS #3421353
- Utility SourcePublic
- Acres0.27
- Square Feet7400
- Year Built1900
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Benjamin Swan (#REC27520N)
Listing Office: Live West Realty (#RECBO003)

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