1020 Maxwell Ave, Boulder, CO

Name: 1020 Maxwell Ave, For Sale in Boulder - eXp Realty
Brand: Pinnacle Real Estate Advisors
SKU: 9373836
Price: 4900000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$4,900,000

0014

MLS® 9373836

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage Yes

HOA Fees

Taxes $22,716

Days Active 0

Approx. Age 1963

MLS® Number 9373836

Property Address: 1020 Maxwell Ave, Boulder, CO, 80304-4173

Average square foot calculated using Size range provided by listing agent.

Description

The Maxwell Lofts is a trophy 9-unit multifamily asset located in the heart of Downtown Boulder, Colorado. Positioned in one of Boulder’s most desirable and supply-constrained residential neighborhoods, this property offers investors a rare opportunity to acquire a high-quality asset with substantial operational upside in a premier location. The building is comprised entirely of spacious 2-bedroom / 1-bathroom units, a highly sought-after floorplan in the Boulder market that appeals to roommates, young professionals, graduate students, and small families. Each unit benefits from central A/C, a rarity in many older Boulder assets, along with garage and off-street parking in the rear, further enhancing tenant demand and rent potential. Currently averaging approximately $2, 185 per month, rents are meaningfully below market. Local property management feedback indicates achievable market rents in the $3, 300–$3, 400 range, presenting investors with a clear and compelling path to significant revenue growth through strategic lease turnover and operational optimization. Situated just steps from Pearl Street Mall, Boulder Creek Path, and within close proximity to the University of Colorado Boulder, the property benefits from exceptional walkability, lifestyle appeal, and proximity to major employment centers. Downtown Boulder continues to experience strong rental demand driven by limited developable land, high barriers to entry, and an affluent, educated tenant base. 1020 Maxwell Avenue represents a rare combination of trophy location, strong in-place fundamentals, meaningful rent upside, and long-term demand drivers in one of Colorado’s most resilient multifamily markets. FLEXIBLE PORTFOLIO SALE: CAN BE PURCHASED SEPARATELY OR TOGETHER WITH 3200 MADISON AVE

MLS® Number9373836

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1963

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 27, 2026List Date

$4,900,000List Price

Commute

Commute

Starting Address

Destination Address

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