1540 Grove St, Boulder, CO 80302

$1,300,000

bedrooms

bathrooms

square feet

2,600

Acreage

0.12

Open Houses

year built

1900

Full Baths

Half Baths

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This classic 1900-built Victorian home has been beautifully converted into a well-maintained triplex in one of Boulder's most sought-after neighborhoods. Located just one block from the Farmer's Market and within walking distance to Pearl Street, CU Boulder, and Naropa University, the property offers an unbeatable location for tenants seeking both character and convenience. Each of the three units in the triplex features two bedrooms and one bathroom, with layouts ranging from 600 to 800 square feet. The top-floor unit is spacious and bright, offering stunning views and abundant natural light. The upstairs kitchen was renovated in 2023, blending modern finishes with functionality. The main-level unit features a comfortable layout and easy access to the shared outdoor areas, with a beautifully updated kitchen also completed in 2023. The garden-level unit, while technically basement level, receives excellent afternoon sun and boasts high-end finishes throughout. The bathroom was fully renovated in 2018, and the kitchen includes modern appliances and custom shelving, blending vintage charm with practical upgrades. Shared laundry is available to all units and is included in the rent. The building is metered for water and offers a peaceful, community-oriented feel thanks to its owner's care and ongoing maintenance. While not new construction, the home's historic details have been preserved and enhanced with tasteful, high-quality improvements over the years. Whether you're seeking a vibrant downtown lifestyle, proximity to campus, or a cozy, character-filled space, this triplex offers a unique rental opportunity in the heart of Boulder. Cap rate on this rental is an amazing 5.51% (with estimated management fees). The property is leased until July of 2026.

Location
Subdivision	Orchard Home
County	Boulder
Elementary School	University Hill
Middle School	Casey
High School	Boulder

Driving directions

Open houses

None scheduled.

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MLS number: 1031559

Listing agent: Aj Chamberlin

Listing broker: Re/Max Alliance (877) 412-4811

Copyright © 2025 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, April 20 2025 at 5:04 a.m. EDT

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