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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 14 off-street parking spaces and historically 0% vacancy. Six of the seven units are pre-leased through 2026. Boasting a 5.2% cap rate based on actuals and strong tenant demand, this is a turnkey investment in the heart of Boulder.
DAYS ON MARKET | 5 | LAST UPDATED | 8/15/2025 |
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TRACT | Culver | YEAR BUILT | 1900 |
COMMUNITY | Boulder | COUNTY | Boulder |
STATUS | Active | PROPERTY TYPE(S) | Residential Income |
School District | Boulder Valley Dist RE2 |
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Elementary School | Foothill |
Jr. High School | Centennial |
High School | Boulder |
ADDITIONAL DETAILS | |
APPLIANCES | All Appliances, Dishwasher, Disposal, Dryer, Electric Range/Oven, Refrigerator, Washer |
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AREA | Boulder |
BASEMENT | Full, Yes |
CONSTRUCTION | Vinyl Siding, Wood/Frame |
EXTERIOR | Balcony |
FIREPLACE | Yes |
HEAT | Hot Water |
INTERIOR | Cathedral/Vaulted Ceilings, Outside Entry |
LOT | 0.27 acre(s) |
LOT DESCRIPTION | Cul-De-Sac, Lawn Sprinkler System |
PARKING | Parking Per Unit(2 Spaces/Unit) |
STORIES | 2 |
SUBDIVISION | Culver |
TAXES | 18450 |
UTILITIES | Natural Gas Available, Electricity Available, Cable Available |
VIEW | Yes |
VIEW DESCRIPTION | Foothills View |
WATER | City Water, City of Boulder |
ZONING | RH-2 |
SATELLITE VIEW |
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