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
Property Details
- Acres
- 0.344
- Lot Size (sqft)
- 14983.0
- Parking Spaces
- 5
- Parking Type
- Garage
- Parking Garage Spaces
- 5
- Property Type
- Purchase
- Year Built
- 1963
- Sewer Information
- Public Sewer
- Utility Source
- Private
- County
- BOULDER
- Region
- Boulder
- Taxes Annual
- $22,716
- MLS #
- 9373836
- Property Subtype
- Multi Family
- Parcel Number
- R0006200
- MLS #
- 9373836
- Date Listed
- March 27, 2026
- Address
- 1020 Maxwell Avenue
Location
Legal
Based on information submitted to the MLS GRID as of 2026-09-02 10:07:55 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: Sep 2, 2026 10:07 AM. Source: RECOLORADO
Provided By
Listed by Luke Salazar, lsalazar@pinnaclerea.com,303-962
Listing Office: Pinnacle Real Estate Advisors
Legal Notice
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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.
Buyer Agency Compensation
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
