1127 12th, Boulder, CO 80302

Local realty services provided by:ERA Shields Real Estate
1127 12th,Boulder, CO 80302
$3,850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: philip dankner
Office: unique properties
MLS#:IR1067393
Source:ML

Price summary

  • Price:$3,850,000

About this home

The Unique Apartment Group is pleased to present 1127 12th Street, a 12-bed, 4-bath student housing investment on University Hill in Boulder, Colorado, steps from the CU Boulder campus and The Hill's retail, restaurant, and bar corridor. The property is currently leased to a fraternity as its main house, providing an organizational lease guarantee and a built in occupancy pipeline through the chapter's recruitment cycle. Annual rent step-ups are the submarket norm, and the group lease configuration reduces turnover friction for a stabilized, hands-off cash flow profile.Ownership has invested meaningfully in recent years, minimizing near term capital exposure for a buyer: the exterior deck was replaced with Trex decking in 2024, two bathrooms were fully remodeled in 2025, and a $120,000 interior modernization was completed in 2026, including a full electrical and panel upgrade, drywall replacement, fresh paint, and general maintenance.Beyond in-place cash flow, the property offers...

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Home facts

  • Year built:1899
  • Subdivision & Development:University Terrace
  • Listing ID #:IR1067393

Rooms and interior

  • Basement Description:Full

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Composition
  • Year built:1899
  • Construction Materials:Wood Frame
  • Levels:3 or More Stories

Schools

  • High school:Boulder
  • Middle school:Other
  • Elementary school:Boulder Community School/Integrated Studies

Utilities

  • Water:Public

Finances and disclosures

  • Price:$3,850,000
  • Tax amount:$20,751
MLS LogoBased on information submitted to the MLS GRID as of October 27, 2026 06:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.