Commercial Sale · Active

1020 Maxwell Avenue

Boulder, CO 80304

$4,550,000

Multi Family

Property Type

0.34 acres

Lot Size

1963

Year Built

5

Parking Spaces

9373836

MLS #

About This Property

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

207 days on market

Listed by Luke Salazar · Pinnacle Real Estate Advisors · lsalazar@pinnaclerea.com,303-962-9534

Last updated: 10/15/2026 4:17 PM · Source: REcolorado®, MLS#: 9373836

Property Details

Key Details

Property Type Commercial Sale
Sub Type Multi Family
Status Active
MLS # 9373836
Days on Market 207

More Details

Year Built 1963
Lot Size (Sq Ft) 14,983
Acres 0.34
Annual Taxes $22,716
State CO
County Boulder

Exterior & Parking

Garage Yes
Garage Spaces 5

Building & Lot

Construction Frame
Sewer Public Sewer
Water Source Private

Location

Price History

DateEventPrice
10/15/2026 Price change
Source: REcolorado® #9373836
$4,550,000 -7.1%
3/27/2026 Listed for sale
Source: REcolorado® #9373836
$4,900,000

Based on information submitted to the MLS GRID as of October 20, 2026 at 1:58 PM MDT. 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.

Listing information last updated October 15, 2026 at 4:17 PM.

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