3200 Madison Avenue Boulder, CO $ 2,550,000
3200 Madison Avenue
$ 2,550,000
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3200 Madison Avenue

Boulder, CO, 80303
$ 2,550,000
Bedrooms-- Baths--

Monthly Estimate*

$ 17,612

Listed by Pinnacle Real Estate Advisors
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Commercial Property for sale in Boulder, CO

for $2,550,000. This building was built in 1963 on a lot size of 0.16.

3200 Madison Avenue is a well-located 6-unit multifamily asset in Boulder, Colorado, positioned in close proximity to the University district and core student housing demand drivers. Comprised entirely of 2-bedroom / 1-bathroom units, the property is ideally configured for roommate-style living, making it a highly functional and historically resilient student-oriented rental asset. The unit mix caters primarily to students and young professionals seeking proximity to campus and surrounding amenities. Located near the University of Colorado Boulder, the property benefits from consistent rental demand driven by annual enrollment, limited on-campus housing supply, and Boulder’s overall housing constraints. The two-bedroom layout allows tenants to split rent efficiently, maintaining affordability while supporting strong per-unit revenue. Currently averaging approximately $2,000 per month, rents are below market levels. Local property management feedback indicates achievable market rents in the $2,350-$2,450 range, presenting investors with a clear operational value-add opportunity through natural lease turnover and strategic management improvements. In addition to its proximity to campus, the property benefits from access to major transit corridors, neighborhood retail, and Boulder’s outdoor amenities. Looking forward, Boulder’s national profile is set to rise further with the relocation of the Sundance Film Festival beginning in January 2027. While 3200 Madison Avenue primarily serves the student demographic, broader citywide demand growth supports overall rental strength and long-term asset appreciation. Overall, 3200 Madison Avenue represents a compelling opportunity to acquire a stable student-oriented multifamily asset with clear operational upside in one of Colorado’s most supply-constrained and durable rental markets. FLEXIBLE PORTFOLIO SALE: CAN BE PURCHASED SEPARATELY OR TOGETHER WITH 1020 MAXWELL AVE

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Commercial Active

Price

$ 2,550,000

Property Type

Commercial

Taxes

$ 12,410

Style

Multi Family

Lot Size

0.16

Year Built

1963

Town/City

Boulder

County/Region

Boulder

MLS | Web ID

2247117

Features
General
Sewer Public Sewer
Garage Spaces 0
Year Built 1963
Property Subtype Multi Family
Current Use Multi-Family
Parcel Number R0014334
County Boulder
Property Type Commercial Sale
HOA N
Attached Garage N
City Boulder
Senior Community Y/N N
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 6831
Carport Spaces 0
Property Attached Y/N N
Tax Annual Amount 12410
Standard Status Active
Freehold IDX
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Exterior
Water Source Public
Lot Size Area 6831
Lot Size Acres 0.16
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

lsalazar@pinnaclerea.com,303-962-9534

Contact

Affordability Calculator

$18,646
Per Month
94%
6%
0%
Monthly Principal & Interest
$17,612
Monthly Property Taxes
$1,034
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$2,550,000 -12.07% Price Down
3/27/2026$2,900,000 Listed Price

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3200 Madison Avenue, Boulder, CO, 80303 is a Commercial Property for sale at $2,550,000 with a lot size of 0.16. 3200 Madison Avenue was built in 1963. The property's zip code is 80303 which is in Boulder, CO