$3,310,000
10 Beds
4 Baths
3,898 sqft
1139 12th St, Boulder, CO 80302
Est. Mortgage $18,659/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1899
$849/sqft
7 Parking Spaces
Local Information
- Map ViewExplore the area around 1139 12th St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
The Unique Apartment Group is pleased to present 1139 12th Street, a 10-bed, 5-bath student housing investment on University Hill in Boulder, Colorado, steps from the CU Boulder campus and The Hill's retail, restaurant, and bar corridor. Demand consistently outpaces supply in this submarket: University Hill is geographically landlocked and largely built out, with zoning and topography sharply limiting new construction, while CU Boulder enrolls over 38,000 students against a persistent on-campus housing shortfall.The Hill operates on a pre-leasing cycle, with next year's leases typically executed the prior fall - giving ownership rare forward visibility into occupancy and income. The property is currently leased as a satellite house to a fraternity chapter, providing an organizational lease guarantee and a built-in occupancy pipeline through the chapter's recruitment cycle. Annual rent step-ups are the submarket norm, and the group lease configuration reduces turnover friction for a stabilized, hands-off cash flow profile.Ownership has invested meaningfully in recent years, minimizing near-term capital exposure for a buyer: a new backflow preventer and water shutoff were installed in 2024, and in 2025 both water heaters were replaced and one bathroom was fully remodeled.Beyond in-place cash flow, the property offers long-term development upside. Zoned RH-5 (Residential High Density), it benefits from Boulder's 2025 zoning amendments eliminating parking minimums, minimum land area per dwelling unit, and occupancy limits. Inclusionary housing requirements and Landmarks review remain part of the entitlement path, but the current zoning framework gives the next owner a runway to explore expanded density.
Last check for updates: about 5 hours ago
Listing courtesy of Philip Dankner, (303) 321-5888
Unique Properties
Source: IRES as distributed by MLS GRID, MLS#1067389
Home Details for 1139 12th St
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3898 Square Feet |
Appliances & Utilities Utilities: Natural Gas Available, Electricity Available, Master Meter-Electric, Master Meter-Gas |
Heating & Cooling Heating: Hot WaterHas HeatingHeating Fuel: Hot Water |
Gas & Electric Electric: XcelGas: XcelHas Electric on Property |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
View No View |
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Exterior Home Features Roof: Composition |
Parking & Garage Parking Spaces: 7 |
Frontage Road Frontage: City StreetNot on Waterfront |
Farm & Range Does Not Include Irrigation Water Rights |
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Days on Market: 8 |
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Year Built Year Built: 1899 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Frame, StoneNot a New Construction |
Property Information Usage of Home: Single Family, Multi-FamilyNot Included in Sale: Tenant's Personal propertyParcel Number: R0003313 |
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Price List Price: $3,310,000Price Per Sqft: $849 |
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MLS Status: Active |
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Direction & Address City: BoulderCommunity: University Terrace |
School Information Elementary School: Boulder CommunityJr High / Middle School: OtherHigh School: BoulderHigh School District: Boulder Valley Dist RE2 |
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Listing Agent Listing ID: 1067389 |
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Building Area Building Area: 3898 Square Feet |
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No HOA |
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Lot Area: 6196 sqft |
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Special Conditions: Private Owner |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Deposit |
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Are Units Furnished: None |
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BasementMls Number: 1067389Attribution Contact: 303-321-5888Activation Date: Thu Aug 27 2026 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about University Hill
At least 8 Trulia users voted on each feature.
100 % Say it's walkable to restaurants
100 % Say there are sidewalks
89 % Say it's dog friendly
88 % Say there's wildlife
69 % Say it's walkable to grocery stores
67 % Say streets are well-lit
60 % Say people would walk alone at night
44 % Say there's holiday spirit
44 % Say neighbors are friendly
38 % Say yards are well-kept
25 % Say it's quiet
22 % Say there are community events
21 % Say kids play outside
15 % Say car is needed
13 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in Boulder
Last updated July 2026
Avg. sale price
$897K
$10.37KMoM
Sale-to-List Price
98.4%
0.1%MoM
Price per sq ft
$499
$4MoM
Available listings
760
19MoM
Home Value
Trulia Estimate
$3.14MSince last month
Increased$928K (+41.6%)Since last year
Increased$796K (+33.8%)Since last sale
Increased$2M (+282.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +164% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $3.15M |
| August 2026 | $3.14M |
| July 2026 | $2.23M |
| June 2026 | $2.41M |
| May 2026 | $2.34M |
| April 2026 | $2.47M |
| March 2026 | $2.41M |
| February 2026 | $3.68M |
| January 2026 | $2.71M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | $2,137,000 | 08/28/26 | 7 | 3 | 2,256 | |
0.73 | Multi-Family Home | $1,437,000 | 08/14/26 | 8 | 4 | 3,464 | |
0.50 | Multi-Family Home | $1,995,000 | 01/09/26 | 6 | 4 | 3,201 | |
0.64 | Multi-Family Home | $1,350,000 | 05/27/26 | 5 | 3 | 2,188 | |
0.70 | Multi-Family Home | $1,828,000 | 06/16/26 | 6 | 5 | 4,007 | |
0.96 | Multi-Family Home | $1,875,000 | 05/29/26 | 9 | 5 | 3,800 | |
0.97 | Multi-Family Home | $1,543,000 | 10/31/25 | 8 | 3 | 3,302 | |
0.12 | Multi-Family Home | $807,600 | 03/12/26 | 3 | 2 | 992 | |
0.97 | Multi-Family Home | $1,508,000 | 11/24/25 | 6 | 4 | 2,385 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $3,850,000 | 12 | 3 | 4,102 | For Sale | |
0.08 | $4,600,000 | 3 | 3 | 9,308 | For Sale | |
0.08 | $788,000 | 3 | 1.5 | 992 | For Sale | |
0.09 | $2,226,500 | 7 | 3 | 2,325 | Off Market | |
0.08 | $3,686,300 | 12 | 8 | 5,840 | Off Market | |
0.09 | $815,000 | 3 | 1.5 | 992 | Recently Sold | |
0.09 | $599,300 | 2 | 1.5 | 992 | Off Market | |
0.09 | $637,100 | 2 | 1.5 | 992 | Off Market | |
0.10 | $1,830,300 | Studio | 2 | 2,432 | Off Market | |
0.11 | $2,006,300 | 6 | 2.5 | 2,468 | Off Market | |
0.11 | $749,000 | 3 | 1.5 | 992 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 27, 2026 Source: IRES as distributed by MLS GRID #1067389 | Listed For Sale | $3,310,000 |
Feb 29, 2012 Source: IRES as distributed by MLS GRID #675838 | Sold | $825,000 |
Oct 13, 2011 Source: N/A | Sold | $825,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Philip Dankner, Unique Properties
Agent Phone: (303) 321-5888
Based on information submitted to the MLS GRID as of 2026-09-04 15:18:12 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 1139 12th St
- What is the estimated monthly payment for 1139 12th St?Based on a $3,310,000 list price with 20% down at today's rates, the estimated monthly payment for 1139 12th St in Boulder, CO is approximately $18,975 (about $17,438 principal & interest, $1,462 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1139 12th St compare to homes in Boulder?1139 12th St in Boulder, CO is listed at $3,310,000, about 269% above the $897K median sale price in Boulder.
- What do residents say about the University Hill neighborhood?Residents describe the University Hill neighborhood in Boulder, CO as walkable to restaurants, pedestrian-friendly, and dog-friendly. See homes for sale in University Hill, Boulder.
- What are the closest schools to 1139 12th St?The closest schools to 1139 12th St in Boulder, CO are Boulder High School (rated 9/10), Flatirons Elementary School (rated 8/10), Manhattan Middle School Of The Arts And Academics (rated 9/10).
- Does 1139 12th St have parking?Yes, 1139 12th St in Boulder, CO has on-site parking.
1139 12th St, Boulder, CO 80302 is a 10 bedroom, 4 bathroom, 3,898 sqft multi-family built in 1899. 1139 12th St is located in University Hill, Boulder. This property is currently available for sale and was listed by IRES as distributed by MLS GRID on Aug 27, 2026. The MLS # for this home is MLS# 1067389.