USACOBoulderFrasier Meadows654-650-654 Inca Pkwy
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654-650-654 Inca Pkwy, Boulder, CO

Real Estate

For Sale

Listed price in listed location currency (USD).
$2,910,000

003

MLS® IR1057694

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $10,098
Days Active 0
Lot Size 0.28 acres
Approx. Age 1962
MLS® Number IR1057694

Property Address: 654-650-654 Inca Pkwy, Boulder, CO, 80303-3523

Average square foot calculated using Size range provided by listing agent.

Description

Well-maintained and high-performing triplex in a Williams Village neighborhood, offering a rare combination of high in-place income, long-term tenant stability, and future upside. Each of the three units features 5 bedrooms and 2 bathrooms, resulting in an income profile that outperforms that of typical small multifamily properties. The property has achieved 100% occupancy during ownership, with a consistent history of tenant retention and steady rent growth. Current leases are in place through August 2027, providing immediate income stability for a new owner. The tenant base has historically included academically focused renters, contributing to lower turnover and reliable performance. Extensive capital improvements have been completed over time, including roof replacement, updated windows, remodeled kitchens and bathrooms, furnace upgrades, sump pumps, radon mitigation, and appliance replacement. The result is a well-cared-for asset with minimal deferred maintenance. Located in an established residential setting with convenient access to transit along Baseline Road, bike routes, and nearby amenities, including parks, recreation, and neighborhood shopping. The property is also within close proximity to the University of Colorado, supporting consistent rental demand. Additional upside potential exists through interior updates to one unit and continued rent optimization over time. RM-2 zoning allows for flexibility in future use (subject to City of Boulder approval), adding long-term optionality. A compelling opportunity for investors seeking stable income, strong rental fundamentals, and a well-maintained asset in one of Boulder's most desirable rental markets.
MLS® NumberIR1057694
Laundry Level
Central VacNo
FireplaceNo
Acreage0.28
Exterior
GarageNo
Approx. Age1962
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$2,910,000List Price
  • Commute

Commute

Starting Address
Destination Address
650-654 Inca Pkwy, Boulder, CO

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