2535 Spruce Street
Boulder, CO 80302
Whittier
12 Beds
8 Baths
4,280 sqft
12 Beds
8 Baths
4,280 sqft
Home Highlights
Parking
5 Parking Spaces
Climate Control
Heating & Cooling
Price/Sqft
$748
Listed
45 days ago
Local Information
- Map ViewExplore the area around 2535 Spruce Street.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Exceptional investment opportunity in one of Boulder’s most sought-after locations. Situated just minutes from Downtown Boulder, this well-maintained fourplex offers a rare combination of strong in-place income, long-term appreciation potential, and value-add upside in a market where multifamily inventory is exceedingly limited.
The property consists of four spacious 3-bedroom, 1.5-bathroom units with highly functional floor plans that continue to attract quality tenants year after year. Each unit features generous living space, private entrances, and layouts designed for long-term rental appeal. Off-street parking, on-site laundry, and mature landscaping further enhance tenant satisfaction and retention.
Located in the heart of Boulder, residents enjoy convenient access to Pearl Street, the University of Colorado, Google's Boulder campus, 29th Street, extensive bike paths, public transit, and countless outdoor recreation opportunities. The property's central location supports consistent rental demand and minimizes vacancy risk.
Current rents provide immediate income with additional upside potential through future renovations, operational efficiencies, or market rent adjustments. Whether you're looking to expand an existing portfolio, complete a 1031 exchange, or secure a premier asset in one of Colorado's strongest rental markets, this is an opportunity to acquire a high-demand multifamily property with both stability and growth potential.
Investment Highlights:
• Four 3-bedroom, 1.5-bathroom units
• Prime central Boulder location
• Strong and consistent rental demand
• Value-add and rental growth potential
• Off-street parking and on-site laundry
• Proximity to CU Boulder, Google, Pearl Street, and major employment centers
• Excellent walkability, bikeability, and transit access
• Rare multifamily asset in a supply-constrained market
The property consists of four spacious 3-bedroom, 1.5-bathroom units with highly functional floor plans that continue to attract quality tenants year after year. Each unit features generous living space, private entrances, and layouts designed for long-term rental appeal. Off-street parking, on-site laundry, and mature landscaping further enhance tenant satisfaction and retention.
Located in the heart of Boulder, residents enjoy convenient access to Pearl Street, the University of Colorado, Google's Boulder campus, 29th Street, extensive bike paths, public transit, and countless outdoor recreation opportunities. The property's central location supports consistent rental demand and minimizes vacancy risk.
Current rents provide immediate income with additional upside potential through future renovations, operational efficiencies, or market rent adjustments. Whether you're looking to expand an existing portfolio, complete a 1031 exchange, or secure a premier asset in one of Colorado's strongest rental markets, this is an opportunity to acquire a high-demand multifamily property with both stability and growth potential.
Investment Highlights:
• Four 3-bedroom, 1.5-bathroom units
• Prime central Boulder location
• Strong and consistent rental demand
• Value-add and rental growth potential
• Off-street parking and on-site laundry
• Proximity to CU Boulder, Google, Pearl Street, and major employment centers
• Excellent walkability, bikeability, and transit access
• Rare multifamily asset in a supply-constrained market
Home Details for 2535 Spruce Street
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Beds & Baths Number of Bedrooms: 12Number of Bathrooms: 8 |
Dimensions and Layout Living Area: 4280 Square Feet |
Appliances & Utilities Laundry: In Unit |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Air Conditioning-Room,Central AirHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
View No View |
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Exterior Home Features Roof: Composition |
Parking & Garage Other Parking: Off Street Spaces: 5No Attached GarageParking Spaces: 5 |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 4280 Square Feet |
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Days on Market: 45 |
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Year Built Year Built: 1989 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: QuadruplexStructure Type: QuadruplexArchitecture: Quadruplex |
Building Construction Materials: FrameNot Attached Property |
Property Information Not Included in Sale: Tenants Personal PropertyParcel Number: R0003308 |
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Price List Price: $3,200,000Price Per Sqft: $748 |
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MLS Status: Active |
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Direction & Address City: BoulderCommunity: Pine Street |
School Information Elementary School: Whittier Int'lElementary School District: Boulder Valley RE 2Jr High / Middle School: CaseyJr High / Middle School District: Boulder Valley RE 2High School: BoulderHigh School District: Boulder Valley RE 2 |
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Listing Agent Listing ID: 4892009 |
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Building Area Building Area: 4280 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 7240 sqft |
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Special Conditions: Standard |
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Listing Terms: 1031 Exchange, Cash, Conventional, Jumbo |
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Mobile Home Park Mobile Home Units: Feet |
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Business Information Ownership: Corporation/Trust |
Expense Tenant Pays: Electricity, Gas, Internet |
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Owner Pays: Grounds Care, Trash Collection, Water |
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Mls Number: 4892009Attribution Contact: shelby@newagere.com, 720-387-5262Above Grade Unfinished Area: 4280Showing Service Name: Showing Time |
Last check for updates: about 1 hour ago
Listing courtesy of Shelby Foster, (720) 387-5262
ERA New Age
The Roberts Team, (303) 317-2436
ERA New Age
Source: REcolorado as distributed by MLS GRID, MLS#4892009
Also Listed on REcolorado as distributed by MLS GRID.
Market trends in Boulder
Last updated June 2026
Avg. sale price
$891K
$60.83KMoM
Sale-to-List Price
98.2%
0.4%MoM
Price per sq ft
$503
$2MoM
Available listings
778
Price History for 2535 Spruce Street
| Date | Price | Event | Source |
|---|---|---|---|
| 06/08/2026 | $3,200,000 | Listed For Sale | REcolorado as distributed by MLS GRID #4892009 |
| 01/01/2026 | $3,200,000 | ListingRemoved | IRES as distributed by MLS GRID #1041974 |
| 08/21/2025 | $3,200,000 | Listed For Sale | IRES as distributed by MLS GRID #1041974 |
| 11/21/2022 | ListingRemoved | Zillow Rental Manager | |
| 11/03/2022 | $2,650 | PriceChange | Zillow Rental Manager |
| 10/28/2022 | $2,950 | Listed For Rent | Zillow Rental Manager |
| 04/29/2022 | $2,800,000 | Sold | IRES as distributed by MLS GRID #951923 |
| 09/27/2021 | $2,900,000 | Listed For Sale | IRES as distributed by MLS GRID #951923 |
| 06/02/2016 | $2,475 | ListingRemoved | Agent Provided |
| 03/14/2016 | $2,535 | Listed For Rent | Agent Provided |
| 12/14/2015 | $1,800 | ListingRemoved | Agent Provided |
| 11/23/2015 | $1,800 | PriceChange | Agent Provided |
| 11/11/2015 | $2,250 | Listed For Rent | Agent Provided |
| 08/31/2015 | $1,152,000 | Sold | IRES as distributed by MLS GRID #765768 |
| 06/08/2015 | $950,000 | Listed For Sale | Agent Provided |
| 06/07/2014 | $750,000 | ListingRemoved | Agent Provided |
| 05/31/2014 | $750,000 | Listed For Sale | Agent Provided |
| 06/16/2012 | $649,000 | ListingRemoved | Agent Provided |
| 02/22/2012 | $649,000 | PendingToActive | Agent Provided |
| 01/31/2012 | $649,000 | Pending | Agent Provided |
| 01/21/2012 | $649,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $13,293 |
| Assessment | $2,608,600 |
Home facts updated by county records
Comparable Sales for 2535 Spruce Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.44 | Multi-Family Home | $1,875,000 | 05/29/26 | 9 | 5 | 3,800 | |
0.09 | Multi-Family Home | $1,325,000 | 01/02/26 | 6 | 4 | 1,890 | |
0.52 | Multi-Family Home | $1,543,000 | 10/31/25 | 8 | 3 | 3,302 | |
0.33 | Multi-Family Home | $3,750,000 | 04/24/26 | 6 | 6 | 12,300 | |
0.68 | Multi-Family Home | $1,828,000 | 06/16/26 | 6 | 5 | 4,007 | |
1.47 | Multi-Family Home | $2,130,000 | 06/17/26 | 8 | 8 | 2,733 | |
1.06 | Multi-Family Home | $1,508,000 | 11/24/25 | 6 | 4 | 2,385 | |
1.49 | Multi-Family Home | $1,995,000 | 01/09/26 | 6 | 4 | 3,201 | |
1.00 | Multi-Family Home | $1,125,000 | 02/27/26 | 3 | 2 | 1,552 | |
1.13 | Multi-Family Home | $2,982,000 | 10/24/25 | - | 3,582 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETBeau Burris, Burris Real Estate
OFF MARKETBianca Griffith, RE/MAX of Boulder, Inc
FOR SALEStephen Remmert, Compass - Boulder
OFF MARKETPatrick Brown, Compass - Boulder
OFF MARKETJill Grano, milehimodern - Boulder
SOLDJAN 2, 2026Jennifer Crow, RE/MAX Professionals Ken Caryl
OFF MARKETPatrick Brown, Compass - Boulder
OFF MARKETRE/MAX Momentum, MLS#2470552
OFF MARKETCatherine Walker, Boulder Financial Realty Inc
FOR SALEAll Pro Realty Inc, MLS#5929175
OFF MARKETBrian Mygatt, Coldwell Banker Realty-Boulder
Assigned Schools
These are the assigned schools for 2535 Spruce Street.
- Boulder High School
- 9-12
- Public
- 1939 Students
10/10GreatSchools RatingParent Rating AverageTerrible experience here. Constantly made fun of and picked on by students and teachers treated me like a total idiot. Went from being respected by peers and teachers at my old school to ridiculed and laughed at by the entire class.Other Review5mo ago - Casey Middle School
- 6-8
- Public
- 363 Students
5/10GreatSchools RatingParent Rating Average- Casey is where it's at! I'm happy to send a kid there, and I think it gets a bad rep because parents open enroll into places like Centennial, Manhattan, or Southern Hills. Those schools don't have good feedback beyond test scores. Centennial has a review score of 2.7, Manhattan a 3.4 and Southern Hills has a 3.9. Casey has a 4.0, and it's earned that with its fun classes + dogged determination even in the face of White Flight and fewer resources. - Keep in mind, with GreatSchools, standardized test scores correlate closely with family income and schools serving more low-income communities are penalized, even if their teachers are highly effective. Casey has the best 6th grade team around, and it's kids are happy and healthy. You can feel all that good energy in the halls, even. - The teachers reach out to parents, grades make sense, and everyone just works tirelessly. It's really a gem, and it's a lovely building. Casey makes tremendous educational progress with students, but GreatSchools assigns a low rating because it serves low-income and English Language Learner (ELL) students. Economists and educational researchers, such as those at MIT Blueprint Labs, have found that these systems reward selection bias—favoring schools enrolling more predominantly White and affluent students—rather than measuring true teaching quality. - Love, love, love it!Other Review1mo ago - Whittier Elementary School
- K-5
- Public
- 269 Students
8/10GreatSchools RatingParent Rating AverageWhittier International Elementary School has been an incredible experience for our family. We truly appreciate the school’s diversity and strong emphasis on cultural awareness, which creates an inclusive and enriching environment for students. The IB program’s inquiry-based approach encourages curiosity and helps develop lifelong learners. Every teacher and staff member is outstanding—dedicated, supportive, and exactly the kind of people you want guiding your children. We’ve also been very impressed with the school’s quick academic intervention when needed and the overall welcoming, supportive community. We couldn’t be happier with our experience here.Parent Review3mo ago 
Check out schools near 2535 Spruce Street.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Whittier
At least 52 Trulia users voted on each feature.
96 % Say it's dog friendly
93 % Say there are sidewalks
89 % Say parking is easy
86 % Say it's walkable to restaurants
84 % Say it's walkable to grocery stores
79 % Say people would walk alone at night
66 % Say yards are well-kept
63 % Say there's holiday spirit
59 % Say there's wildlife
54 % Say it's quiet
53 % Say neighbors are friendly
51 % Say they plan to stay for at least 5 years
50 % Say streets are well-lit
44 % Say car is needed
39 % Say kids play outside
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Shelby Foster, ERA New Age
Agent Phone: (720) 387-5262
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. Some IDX listings have been excluded from this website. Click here for more information
2535 Spruce Street, Boulder, CO 80302 is a 12 bedroom, 8 bathroom, 4,280 sqft multi-family built in 1989. 2535 Spruce Street is located in Whittier, Boulder. This property is currently available for sale and was listed by REcolorado as distributed by MLS GRID on Jun 8, 2026. The MLS # for this home is MLS# 4892009.