$4,900,000
Active

1020 Maxwell Avenue

Boulder, CO 80304
Browse more homes in Boulder, CO
7,227
SqFt
1963
Built
The Maxwell Lofts is a trophy 9-unit multifamily asset located in the heart of Downtown Boulder, Colorado. Positioned in one of Boulder’s most desirable and supply-constrained residential neighborhoods, this property offers investors a rare opportunity to acquire a high-quality asset with substantial operational upside in a premier location. The building is comprised entirely of spacious 2-bedroom / 1-bathroom units, a highly sought-after floorplan in the Boulder market that appeals to roommates, young professionals, graduate students, and small families. Each unit benefits from central A/C, a rarity in many older Boulder assets, along with garage and off-street parking in the rear, further enhancing tenant demand and rent potential. Currently averaging approximately $2,185 per month, rents are meaningfully below market. Local property management feedback indicates achievable market rents in the $3,300–$3,400 range, presenting investors with a clear and compelling path to significant revenue growth through strategic lease turnover and operational optimization. Situated just steps from Pearl Street Mall, Boulder Creek Path, and within close proximity to the University of Colorado Boulder, the property benefits from exceptional walkability, lifestyle appeal, and proximity to major employment centers. Downtown Boulder continues to experience strong rental demand driven by limited developable land, high barriers to entry, and an affluent, educated tenant base. 1020 Maxwell Avenue represents a rare combination of trophy location, strong in-place fundamentals, meaningful rent upside, and long-term demand drivers in one of Colorado’s most resilient multifamily markets. FLEXIBLE PORTFOLIO SALE: CAN BE PURCHASED SEPARATELY OR TOGETHER WITH 3200 MADISON AVE
1020 Maxwell Avenue
MORTGAGE CALCULATOR
$24,777
Estimate only — not a loan offer. Consult a lender for actual terms.

LISTING SNAPSHOT

Price$4,900,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)7,227 sqft
Lot Size0.34 Acres
Year Built1963
MLS® Number9373836
StatusActive
Property Tax22716
HOA/Condo/Coop FeesN/A

GENERAL

Acres0.34
Additional Property UseMulti-Family
GarageYes
Garage Spaces5
Parking Spaces14
Property Sub TypeMulti Family
SewerPublic Sewer
SqFt Total7227
Water SourcePrivate

EXTERIOR

Construction DetailsFrame

COMMUNITY

Financing Terms AvailableCash, Conventional

RECENT ACTIVITY

March 27, 2026Active

Listing courtesy of Pinnacle Real Estate Advisors (lsalazar@pinnaclerea.com,303-962-9534)

Listing courtesy of Pinnacle Real Estate Advisors lsalazar@pinnaclerea.com



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 Pinnacle Real Estate Advisors 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.

Comps

An estimate is not available for this listing.

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