Property
ActiveCommercial
1/44
$4,900,000

1020 Maxwell Avenue

Boulder, CO 80304
0
Beds
0
Baths
7,227
SqFt
0.34
Acres
RECOLORADO
#9373836
Updated: Mar 27, 2026, 7:00pm

Property 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

Property Details

Interior
Building Area Total
7227
Construction
Also Marketed As
Commercial Sale
Construction Materials
Frame
Number Of Units Total
9
Year Built
1963
Year Built Effective
2020
Site & Exterior
Current Use
Multi-Family
Garage Spaces
5
Lot Size Acres
0.34
Lot Size Area
14983
Lot Size Square Feet
14983
Lot Size Units
Square Feet
Offstreet Spaces
9
Parking Total
14
Sewer
Public Sewer
Water Included
Yes
Water Source
Private
Financials
Contract Earnest Check To
Land Title
Exclusions
Tenant's personal property
Parcel Number
R0006200
Tax Annual Amount
22716
Tax Legal Description
LOTS 3-4 & S PT LOTS 1 & 2 LESS PT TO CITY & LESS TR 322 BLK 1 MAPLETON
Tax Year
2025
Title Company
Land Title Guarantee Company

Neighborhood & Lifestyle

Listing provided courtesy of RECOLORADO via IDX. Updated: Mar 27, 2026, 7:00pm.
Luke Salazar

Listing Agent

Pinnacle Real Estate Advisors

Call Agent