Welcome to 4885 Eisenhower Drive in beautiful Boulder, CO-a fantastic opportunity to invest in a well-maintained 4-unit apartment building nestled in a serene residential neighborhood. This property boasts a generous 4,144 square feet of living space on a 10,629 square foot lot, ensuring plenty of room for tenants to enjoy.Each unit offers two spacious bedrooms and two bathrooms, including a primary bedroom with a private 3/4 bath and a second bedroom with access to a full bath. The large living areas are perfect for relaxation or entertaining, offering tenants a comfortable and inviting space to call home.Additional perks include a detached garage, complete with a storage locker ideal for bikes and outdoor gear-a must-have for those who love to explore Boulder's renowned bike paths. The location is prime, with convenient proximity to a variety of restaurants, shopping options, and easy access to outdoor activities.Having been owned by the same family for nearly 40 years, this property has been lovingly cared for and presents a unique opportunity. The current rents are below market value, providing the new owner with significant potential to increase income. Don't miss out on this exceptional investment opportunity in one of Boulder's most desirable areas!
Sold for $1,600,000 on 04/11/25
$1,600,000
4885 Eisenhower Dr, Boulder, CO 80303
8beds
8baths
4,144sqft
Multi Family
Built in 1973
-- sqft lot
$1,602,100 Zestimate®
$386/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 11, 2025 at 11:09am
Listed by:
Dave Naber 303-875-6933,
Compass - Boulder
Bought with:
Mike Greenwood
RE/MAX of Boulder, Inc
Source: IRES,MLS#: 1026668
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced Air
Appliances
- Included: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Features
- Windows: Window Coverings, Double Pane Windows
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Single Fireplace
Interior area
- Total structure area: 4,144
- Total interior livable area: 4,144 sqft
Property
Parking
- Details: Parking Per Unit(1 Space/Unit)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 10,454 sqft
- Features: Wooded
Details
- Parcel number: R0012208
- Zoning: Multi Fam
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Frame, Brick
- Roof: Fiberglass
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1973
Utilities & green energy
- Electric: Electric
- Gas: Natural Gas
- Sewer: City Sewer
- Water: City Water, City of Boulder
- Utilities for property: Natural Gas Available, Electricity Available
Community & neighborhood
Location
- Region: Boulder
- Subdivision: Arapahoe Ridge 4
HOA & financial
Other financial information
- Total actual rent: 5905
Other
Other facts
- Income includes: Lease/Rents
- Listing terms: Cash,Conventional
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Estimated market value
$1,602,100