Residential · Active

1200 College Avenue

Boulder, CO 80302

3 Beds · 2 Baths · 992 Sq Ft

$790,000

Condominium

Property Type

1.01 acres

Lot Size

1968

Year Built

$796

Price per Sq Ft

$400

HOA Fee

IR1068867

MLS #

About This Property

Positioned in a prime Hill location, this townhouse-style condo in the desirable College Townhomes complex represents a premier investment opportunity in Boulder's most competitive student rental market. This turnkey property delivers immediate financial security, currently pre-leased through August 2, 2027, at an all in rate of $5,299 monthly, yielding an impressive 5.6% Cap Rate. The sophisticated layout optimizes rental appeal, featuring a main-level primary bedroom with direct access to a private balcony, a well-appointed kitchen with a functional bar-top, a comfortable living area, and a convenient guest half-bath. The kitchen and bathrooms were renovated in August 2026, adding move-in-ready appeal and long-term value for tenants and owners alike.

The lower level offers two additional garden-level bedrooms joined by an adjoining bathroom, providing an ideal configuration for student residents. Beyond the unit, owners and tenants benefit from one assigned off-street parking space, on-site laundry facilities, and inviting community common areas including a sun deck and picnic tables designed for the Boulder lifestyle. With long-term income stability already locked in for over a year, this is a rare chance to acquire a great asset on The Hill. Please view the available virtual tour to fully experience the layout and setting of this compelling investment opportunity!

37 days on market

Listed by P Caldwell Sullivan · Four Star Rlty & Prop Mgmt · 3034490064

Last updated: 9/17/2026 11:06 AM · Source: REcolorado®, MLS#: IR1068867

Virtual Tour

Property Details

Key Details

Property Type Residential
Sub Type Condominium
Status Active
Price per Sq Ft $796
Subdivision College Twnhs Condos
MLS # IR1068867
Days on Market 37
Bedrooms 3
Full Baths 1
Half Baths 1

More Details

Year Built 1968
Lot Size (Sq Ft) 43,814
Acres 1.01
HOA Yes
HOA Fee $400
Annual Taxes $3,877
State CO
County Boulder
Zoning RH-5

Interior

Heating Baseboard, Hot Water
Appliances Dishwasher, Oven, Refrigerator

Exterior & Parking

Exterior Features Balcony
Roof Membrane, Metal

Building & Lot

Basement None
Lot Features Corner Lot
Levels Two, Bi-Level
Construction Brick
Water Source Public

Location

Price History

DateEventPrice
9/17/2026 Listed for sale
Source: REcolorado® #IR1068867
$790,000 $796/sqft

Based on information submitted to the MLS GRID as of October 24, 2026 at 1:14 AM 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 September 17, 2026 at 11:06 AM.

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