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1241 Balsam Ave, 
Boulder, CO 80304

$2,700,000


Bed


Bath


4,524

Sq Ft


Multi-Family

Active

Listed by

Jay Hebb

Colleen Miller

The Agency - Boulder

7205775503

Last updated:

February 10, 2026, 03:24 PM

MLS#

1048020

Source:

IRES

About This Home

1241 Balsam Ave

A rare chance to own a versatile income property in one of Boulder's most sought-after locations. This 6-unit building offers incredible flexibility for investors and developers, with multiple pathways to create immediate and long-term value. As it stands, the property provides stable income with rental numbers reflecting current rates and projected income is based on neighboring comparables. With a remodel, the upside is significant-endless potential to elevate rents, modernize units, or condominiumize and re-imagine the entire asset.Looking for an even greater opportunity? This property may also be purchased together with the adjacent lot at 1265-1267 Balsam Ave (see MLS #1022987), opening the door to expanded development options or a larger income-producing footprint.Whether your vision is to rent, renovate, redevelop, or live in, the possibilities are truly limitless. A Boulder investment like this does not come around often-don't miss your chance to own in the center of it all. Listing agent is owner of the property and is a licensed agent in the state of Colorado.

Home Facts

Multi-Family

Built in 1965

Price Summary

2,700,000

$596 per Sq. Ft.

MLS #:

1048020

Last Updated:

February 10, 2026, 03:24 PM

Added:

3 month(s) ago


Rooms & Interior

Interior

Living Area:

4,524 Sq. Ft.


Structure

Structure

Building Area:

4,524 Sq. Ft.

Year Built:

1965


Lot

Lot Size (Sq. Ft):

9,102


Finances & Disclosures

Finances

Price:

$2,700,000

Price per Sq. Ft:

$596 per Sq. Ft.

Source:IRES
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.