1975-1977 Norwood Avenue Boulder, CO $ 2,200,000
1975-1977 Norwood Avenue
$ 2,200,000
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1975-1977 Norwood Avenue

Boulder, CO, 80304
$ 2,200,000
Baths0.0 Sq 2,735

Monthly Estimate*

$ 13,546

Listed by Compass - Boulder
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Studio

Multi-Family Home for sale in Boulder, CO

for $2,200,000. This 2,735 square foot home was built in 1940 on a lot size of 0.47.

Situated on an exceptionally large 0.47-acre parcel this is a rare chance to secure one of the larger residential lots in the neighborhood. The size and configuration of the site may also present subdivision potential, The cash flowing duplex offers an investor, builder, or custom home buyer reliable income while submitting plans to the city. Don't miss a beat building your custom home (or two!) while holding a valuable asset in one of Boulder's most sought-after areas. Walking distance to parks, trail systems, shops and restaurants and easy access to Broadway and downtown. Each duplex has a private patio and expansive yard with trees and gardens divided by a fence. Property is currently rented well below market rent. This property would also be a homerun short term rental for the highly anticipated arrival of the Sundance Film Festival in 2027. Sundance is expected to further elevate housing demand during the winter season and beyond. The layout also offers flexibility for a variety of ownership strategies, including the option to live in one unit while leasing the other. Owners may continue generating income while exploring design and permitting possibilities with the City of Boulder. Each unit offers comfortable living spaces with large front and backyard areas. Large driveway provides ample off-street parking for cars or RV's with convenient access and flexibility for tenants and future site planning. Opportunity awaits with this winning combination of land size, flexibility, and location rarely available in this established North Boulder neighborhood.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,096

Style

Lot Size

0.47

Year Built

1940

Town/City

Boulder

County/Region

Boulder

MLS | Web ID

IR1054678

Features
Interior
Interior Amenities Walk-In Closet(s)
Basement Full
Basement (Y/N) Y
Window Features Skylight(s) Window Coverings
Main Level Bedrooms 0
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Dishwasher Disposal Dryer Oven Refrigerator Washer
Zoning RL-2
Security Features Smoke Detector(s)
Construction Materials Frame
Exclusions Sellers/tenants personal property and staging items
Year Built 1940
Tenant Pays Electricity Gas Trash Collection Water
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Individual
Gross Income 4400
County Boulder
Net Operating Income 42064
Operating Expense 8096
Property Type Residential Income
HOA N
Subdivision Name Moores
Possible Use Multi-Family Residential
Status Active
Directions From Broadway heading North take a left on Norwood Ave. Duplex is on the left hand side drive way wraps around house for ample parking for both units.
High School Boulder
City Boulder
High School District Boulder Valley RE 2
Number Of Units Total 2
Lot Size Square Feet 20685
Listing Terms Cash Conventional FHA
Elementary School Crest View
Tax Annual Amount 8096
Middle/Junior High School Centennial
Concessions No
Standard Status Active
Occupancy Type Tenant
Elementary School District Boulder Valley RE 2
Cap Rate 1.91
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Exterior
Vegetation Wooded
Fencing Fenced Partial
Lot Features Level
Water Source Public
Total Parking 4
Building Area Total 2735
Lot Size Acres 0.47
Road Surface Type Paved
Road Frontage Type Public
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Internal Only
Street Number 1 1975
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* Excluded Features
List By
Compass - Boulder

Broker

(303) 437-0221

Phone

Affordability Calculator

$14,220
Per Month
95%
5%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$675
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1955828 Elementary School
1955871 Middle School
Boulder High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2026$2,200,000 Listed Price

Map


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1975-1977 Norwood Avenue, Boulder, CO, 80304 is a Multi-Family Home for sale at $2,200,000 with 2,735 sqft and a lot size of 0.47. 1975-1977 Norwood Avenue is a studio with 0.0 baths and was built in 1940. The property's zip code is 80304 which is in Boulder, CO