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1631 19th St, 
Boulder, CO 80302

$4,200,000


—

Bed


—

Bath


7,400

Sq Ft


Multi-Family

Active

Listed by

Benny Swan

Live West Realty

3038009601

Last updated:

November 6, 2026, 09:49 PM

MLS#

1071796

Source:

IRES

About This Home

1631 19th St

Located blocks from Pearl Street and CU Boulder, 1631 19th St offers a rare opportunity to acquire a 7-unit, 21-bedroom multifamily property in Boulder's desirable Goss Grove neighborhood. The property totals approximately 7,400 SF and features two 2BR units, three 3BR units, two 4BR units, and 12 off-street parking spaces. Significant value-add potential remains across six units. Unit #1 was renovated in 2025, providing a proof of concept for the proposed improvements. The renovation strategy includes interior upgrades, in-unit laundry, and floorplan modifications to increase the property from 21BR/10BA to 23BR/12BA. Proposed improvements include additional bathrooms in Units #3 and #4 and bedrooms in Units #4 and #7. The estimated renovation budget is $390K ($65K/unit). Ownership has invested approximately $300K in exterior capital improvements over the past five years, including roof, windows, siding/insulation, exterior staircases, and bathroom exhaust systems. At the $4.2M offering price, the property features a 5.58% stabilized as-is cap rate, based on $234,242 in modeled NOI. Following renovations, the pro forma projects $338,003 in stabilized NOI and a 7.36% unleveraged yield on total cost, including the $390K renovation budget. Projections are subject to permitting, renovation execution, lease timing, and buyer verification. No assumable loan or seller financing.

Home Facts

Multi-Family

Built in 1900

Subdivision & Development:

Culver

Price Summary

4,200,000

$567 per Sq. Ft.

MLS #:

1071796

Last Updated:

November 6, 2026, 09:49 PM

Added:

1 day(s) ago


Rooms & Interior

Interior

Living Area:

7,400 Sq. Ft.


Structure

Structure

Building Area:

7,400 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

11,880


Finances & Disclosures

Finances

Price:

$4,200,000

Price per Sq. Ft:

$567 per Sq. Ft.

Source:IRES
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Contact an Agent

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