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Justin Morgan

justin@gratitudehomesgroup.com +1(720) 893-2278

$1,495,000

Est. payment - /mo

1,879 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,879 sqft

Price per Sqft $795

Subdivision T Js 1843 Sub

MLS Listing ID IR1067349

HOA Y/N No

Year Built 1900

Annual Tax Amount $7,521

Tax Year 2025

Lot Size 4,277 Sqft

Acres 0.1

Property Sub-Type Duplex

Source recolorado

Property Description

Unbeatable Rental Location! An investment opportunity in the popular Goss/Grove neighborhood, only a few blocks north of the University of Colorado Boulder and within easy walking/biking distance of needed amenities, restaurants, and nightlife. Built-in Tenant Demand! 1843 Arapahoe has been fully occupied and Professionally Managed for decades. Two Pre-leased Units with an excellent rental history, always at current market rates. Student populations and young professionals compete for rentals in this specific grid and this 2-unit home offers a main level 4-bed/2-bath renting for $6175/month plus a separate 1-bed/1-bath unit upstairs, which brings in $1975/mo. Built in 1900, this home comes with Historical Character Protection which preserves your investment from being visually replicated by generic new-construction and maintaining the existing historic neighborhood charm. The home was modernized in 1985 and is well maintained. Direct access to Boulder's amazing transportation (RTD) along Arapahoe makes it easy to be car-free in this location, however there are 2-off street parking spaces for the property. A private, fenced backyard adds to the value and the main unit has 3 entrances, allowing roommate privacy. Why bus or drive when you can walk/bike right out your door? Live the Boulder lifestyle from 1843 Arapahoe or get your foot in the door with this well priced investment home. No HOA!

Location

State CO

County Boulder

Zoning Multi

Rooms

Basement None

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace Y

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Exterior Feature Balcony

Fence Fenced, Partial

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Corner Lot, Flood Zone, Level

Sewer Public Sewer

Water Public

Level or Stories One, Two

Structure Type Brick

Schools

Elementary Schools Flatirons

Middle Schools Centennial

High Schools Boulder

School District Boulder Valley Re 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Compass - Boulder

NEARBY SCHOOLS & PROPERTIES

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Justin Morgan

+1(720) 893-2278

Agent

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1843 Arapahoe AVE #1 & 2 Boulder, CO 80302

Justin Morgan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

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1843 Arapahoe AVE #1 & 2