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Boulder, CO 80302 1034 Spruce St

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Presented By: ;
  • MLS# 1055132
  • 03/27/2026
  • Request Tour
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  • Beds • 8
  • Baths • 4
  • SQFT • 3,464

Home Details

Spruce up your multi-family portfolio with this outstanding 5-unit investmentopportunity, ideally situated in the heart of Downtown Boulder, CO. Located justa block from the bustling Pearl Street Mall, 1034 Spruce Street is perfectlypositioned to capitalize on its prime downtown location. Already fully pre-leasedfor the '26-'27 school year, this property is ripe for upgrades and promisessignificant growth potential.
Presented By: ;

Interior Features for 1034 Spruce St

Other Interior Features

LivingAreaSourceAssessor
BasementUnfinished

General for 1034 Spruce St

AppliancesNo Units Furnished, Electric Range, Refrigerator
AttributionContact3034445040
Cap Rate5.48
CityBoulder
Construction MaterialsFrame
CountyBoulder
DirectionsHeaded south on Broadway, turn right (West) on Spruce Street. Property will be on your left just after you cross over 11th Street.
DisclosuresSeller's Property Disclosure, Lead Paint
Elementary SchoolWhittier
ExclusionsTenant's personal property
Expected Active Date 2026-03-30
Gross Income146126
HOANo
HeatingBaseboard
High SchoolBoulder
High School DistrictBoulder Valley Dist RE2
Lease Amount FrequencyFixed Term
LevelsTwo
MLS AreaBoulder
Middle/Junior High SchoolCasey
Net Operating Income95198
New ConstructionNo
Number Of Units Total5
Operating Expense50928
Parcel NumberR0009252
Possible UseMulti-Family
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameBoulder O T East & West & North
Tax Annual Amount11843
Tax Year2025
Tenant PaysDeposit, Gas, Electricity, Water, Sewer, Trash Collection
UtilitiesNatural Gas Available, Electricity Available
ViewHills, City
Year Built1920
ZoningMUH

Exterior for 1034 Spruce St

Exterior AmenitiesBalcony
Irrigation Water Rights Y/NNo
Lot FeaturesPaved, Curbs, Gutters, Sidewalks, Alley
Lot Size Acres0.14
Lot Size Area6194
Other Parking1 Space/Unit
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Total Parking12
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Boulder High School
Middle School Casey Middle School
Elementary School Whittier Elementary School

Nathan Washam

Broker/Owner
Price $1,735,000
MLS#1055132
List Date 03/27/2026
Property Type Income
Phone 970.988.8295
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