22 days on rocket

350 Arapahoe Ave Unit 6, Boulder, CO, 80302

$235,000

Home List Price

$2,791*

Closing Credit

2 Bedrooms
2 Partial Baths
851 SqFt
$276/SqFt
Multi

Location

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350 Arapahoe Ave Unit 6, Boulder$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1975
HeatingBaseboard
FireplaceLiving Room
ViewMountain(s)
MLS #IR1023681
StatusActive

About 350 Arapahoe Ave Unit 6

Discover an exceptional investment opportunity at a competitive price point in the heart of Boulder. Ideal for a variety of uses - including an investment property, second homes or student housing - this residence marries affordability with the coveted Boulder lifestyle. The home offers two parking spaces, backs to serene open space, offering a tranquil setting paired with modern amenities. Hardwood floors grace the main level, which features a remodeled kitchen with sleek Corian counters, a cozy wood-burning fireplace and a convenient powder room. Upstairs, the primary bedroom boasts a private balcony overlooking open space, while a beautifully remodeled bathroom with a skylight adds charm. A finished attic with built-in shelves and another skylight provides versatile storage or creative space. This property's affordability is due to a land lease making it ideal for buyers seeking to maximize value. With Airbnb allowed, this condo offers incredible income potential and lifestyle flexibility. Financing Options: Cash or portfolio loan.The property is situated on leased land, with annual payments due each October. The owner has the option to purchase the land at its appraised value after 2037. The lease may qualify as "redeemable ground rent" for tax deduction purposes; please consult your accountant for guidance.In 2024, the land was appraised adjusting the lease to $35,791.11. The lease amount adjusts annually based on the Consumer Price Index (CPI) and is reappraised every five years.At closing, the prorated portion of the lease payment will be credited to the seller and debited to the buyer. HOA dues include water, trash, heating, exterior maintenance, and hazard insurance. Electric and gas are billed separately.

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Living Area: 851 SqFt

Listing Office:

  • Office Name: milehimodern - Boulder
  • Office Phone: (720) 323-8460
  • Listing Agent: Terri Gray

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Refrigerator
  • Basement: No
  • Flooring Type: Wood
  • Interior: Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Balcony

Lot Features

Lot Information:

  • Lot: Open Lot

Utilities

Utilities Information:

  • Heating: Baseboard

Other

Directions Information:

  • Directions: From Broadway, head west on Arapahoe and turn left into the parking lot just past 4th Street. Continue straight to the southernmost parking area. Unit 6 is in the building adjacent to the open space.

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
  • Price Per SqFt: $276/SqFt

HOA Fees:

  • Amount: $450
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Boulder, CO.

Med. Sold Price

$994.5K

Med. Price/SqFt

$536

Avg. Days On Market

70

# of Sold Homes

132

350 Arapahoe Ave Unit 6 vs Boulder

22 DAYS ON ROCKET

-48 Days

$235,000

-$759.5K Less

$276/SqFt

-$260 Less

KEY TAKEAWAY

This property is $759.5K less than the Median Sold Price and $260/SqFt less than other homes in Boulder, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #IR1023681

Listing Office:

  • Office Name: milehimodern - Boulder
  • Office Phone: (720) 323-8460
  • Listing Agent: Terri Gray

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IDX ©2025 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/15/2025, 12:57:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2540270
7
/10
  • Flatirons Elementary School

  • 1150 7th St

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-2540271
5
/10
  • University Hill Elementary School

  • 956 16th St

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-2540272
5
/10
  • Whittier International Elementary School

  • 2008 Pine St

  • 1.39 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. The majority of Boulder, CO residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoBoulder CountyBoulder80302350 Arapahoe Ave Unit 6

This home is located at 350 Arapahoe Ave Unit 6 in Boulder, CO and zip code 80302 in the West Boulder neighborhood. This 851 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 24, 2024 and is currently priced at $235,000.

Boulder, CO housing market in December 2024 saw over 12 listings sold above listed price, more than 23 sold at listed price and over 97 sold below. Between November 2024 and December 2024, Boulder, CO real estate market has seen decrease in the number of listings by 8.3%. The median list price of listings available in December 2024 was $994,591, while the average time on the real estate market was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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