2623 Sherwood Cir, Boulder, CO 80304

$1,700,000
7
BD
5
BA
4,238
SqFt

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Sold Price
$1,700,000
List Price
$1,749,000
Closing Date
Nov 12, 2025
Type
Single Family Residential
Property Sub Type
Single Family Residence
Status
CLOSED
MLS Number
IR1043247
Bedrooms
7
Bathrooms
5
Baths Half
2
Sqft Total
4,238
Year Built
1969

Property Description

Rare North Boulder duplex featuring 7 bedrooms and 5 bathrooms in a high-demand rental location. This property generates $8,495/month in gross rent with historically near-zero vacancy, making it a proven income producer. Highlights include a rare third-floor deck with Flatirons views, two fenced backyards, and an oversized 2.5-car garage. The property boasts a 3.3% yearly rent growth, ensuring both cash flow and long-term equity growth. The smaller unit offers excellent value-add potential with an additional $1,000/month in income possible, further boosting returns. Perfect for an investor seeking a turnkey property or for a buyer who wants to live in one side and rent out the other while enjoying strong appreciation in one of Boulder's most desirable neighborhoods.

Additional Information

View
Mountain(s)
Lot Size Acres
0.30000000000000004
Lot Size Sq Ft
12,929
Tax Amount
$10,571
Exterior Features
Balcony
Water Source
Public
Sewer
Public Sewer
Basement Type
None
Heating
Forced Air
Cooling
Room, Ceiling Fan(s)
School District
Boulder Valley RE 2
Elementary School
Columbine
Middle Or Junior School
Centennial
High School
Boulder

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of The Resource Group, LLC . 3039954742

Selling Office: RE/MAX Alliance-Boulder.