2221 Columbine Avenue
Boulder, CO, 80302 $ 1,395,000
Baths0.0 Sq 1,593 Monthly Estimate*
$ 8,589
Listed by Live West Realty
Studio for $1,395,000. This 1,593 square foot home was built in 1922 on a lot size of 0.16.
Full remodeled in 2025, this modern 5 bedrooms-2 bath house has an excellent location, only 2 blocks to CU campus, the Hill, and just minutes to vibrant Pearl St. With parking for 4 vehicles (1 Detached Garage + 3 Off-St) - a rare and highly valuable feature in this area - this is an excellent investment. For parents, this is a powerful financial move: instead of writing rent checks for 4 years and walking away with nothing, you can own the property, build equity, benefit from appreciation, and potentially offset expenses with rental income from roommates. Currently rented through July 31, 2027, the property generates strong income now, giving you time to plan ahead. The layout balances private bedrooms with inviting shared spaces. The open-concept kitchen and living area with vaulted ceilings and brand-new appliances creates an ideal environment for both studying and socializing. A detached den/playroom adds flexible space for entertainment, group projects, or quiet focus (foosball table and fridge included). Every major component was fully updated in 2025 - flooring, drywall, insulation, interior and exterior paint, lighting, electrical, plumbing, bathrooms, and kitchen - all permitted with the City of Boulder. New washer and dryer included. Sprinkler system in place for easy landscape maintenance. This place needs nothing. Parking is a major advantage: large 1-car detached garage, 3 designated off-street spaces, plus typically available on-street parking - a true differentiator for student households. For investors, the excellent location plus the numbers work: strong cash flow, tenants pay all utilities and trash, plus low-maintenance improvements throughout. Whether you're planning strategically for your student's college years or securing a proven income-producing asset in a premier location, this property offers immediate income and long-term wealth-building potential. Schedule your private showing today. Call or text me with any questions.
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FeaturesInteriorInterior Amenities Eat-in Kitchen Kitchen Island No Stairs Open Floorplan Vaulted Ceiling(s)
Basement Partial
Basement (Y/N) Y
Main Level Bedrooms 0
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GeneralSewer Public Sewer
Heating Baseboard
Cooling Ceiling Fan(s)
Utilities Cable Available Electricity Available Internet Access (Wired) Natural Gas Available
Possession Rental Agreement
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Oven Refrigerator Self Cleaning Oven Washer
Zoning RES
Architectural Style Cottage
Security Features Smoke Detector(s)
Construction Materials Frame
Exclusions Tenants' Personal items
Year Built 1922
Tenant Pays Electricity Gas Trash Collection Water
View City Mountain(s)
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Individual
County Boulder
Net Operating Income 95280
Operating Expense 9720
Property Type Residential
HOA N
Subdivision Name Interurban Park
Facing Direction Southwest
Possible Use Residential
Status Active
High School Boulder
City Boulder
High School District Boulder Valley RE 2
Number Of Units Total 1
Lot Size Square Feet 6847
Listing Terms Cash Conventional
Elementary School University Hill
Tax Annual Amount 7344
Middle/Junior High School Manhattan
Concessions No
Structure Type House
Standard Status Active
Occupancy Type Tenant
Elementary School District Boulder Valley RE 2
Cap Rate 6.83
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ExteriorFencing Partial
Lot Features Flood Zone Level Sprinklers In Front
Water Source Public
Total Parking 4
Building Area Total 1593
Lot Size Acres 0.16
Road Surface Type Alley Paved Paved
Road Frontage Type Public
Other Equipment Satellite Dish
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,589
- Monthly Property Taxes
- $612
- 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.
Learn more about how to save NearbySingle family listings in Boulder, CO
Average List Price $2,518,366
Percent of Sale Price 81%
About Boulder, CO 102,151 Population
6% Since 2002
$ 65,436 Median Income
31.88 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
4794582 Elementary School
1957357 Middle School
Boulder High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/8/2026 | $1,395,000 | | Listed Price |