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University Hill Triplex For Sale

$2,895,000

1033 Pennsylvania Avenue, Boulder, CO 80302

Active
Last Updated: 10/13/2026

5.13

Cap Rate

148,587

NOI

Details:
Cap Rate:    5.13%
NOI:    $148,587
Highlights:
  • Secured 2027-2028 Rents: $1,800/Bed
  • Three Units / 8 beds / 5 Baths
  • Spacious floorplans, well-maintained
  • Just blocks from campus with 5 total onsite parking spaces; 4 covered.
  • RH-5 Zoning
Description:

Every student on the Hill knows the golden rule of housing: the closer to campus, the later you can sleep. At 1033 Pennsylvania Avenue, that means rolling out of bed at 7:55 and still making the 8 a.m. lecture. This 8-bedroom triplex sits right on Boulder’s Main & Main, two blocks from everything that makes the Hill the beating heart of CU student life. But the location is only half the story. With character and condition you rarely find in Hill rentals, this is a property that stands out on a block full of tired student housing. A location this good is hard to find. One that looks and lives this well is even harder. Go Buffs!

Map:
Documents:
Title
1033_Pennsylvania_Ave_Oct26.pdf
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Location
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