Multi-Family: MLS #IR1056171 , ^$ 1,399,000

Multi-Family: MLS #IR1056171

^$ 1,399,000

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Multi-Family: MLS #IR1056171

^$ 1,399,000

Studio Baths0.0 Sq 3,525

Monthly Estimate*

^$ 8,614

Listed by RE/MAX of Boulder, Inc

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Studio Multi-Family Home for sale for $1,399,000. This 3,525 square foot home was built in 1963 on a lot size of 0.26.

Opportunity meets upside in this rare tri-plex investment property in the highly desirable Frasier Meadows neighborhood of Boulder. Ideally located just minutes from University of Colorado Boulder (Go Buffs!), this income-producing property offers strong rental appeal in one of Boulder's most sought-after areas. All three units are currently leased, providing immediate, consistent income from day one. Tenants enjoy a unique set of features rarely found in multi-family properties: each unit includes its own covered carport parking space, a private storage closet, and a fenced yard with direct access-an ideal setup for privacy, pets, and outdoor living. While the property is being sold in as-is condition, it presents an excellent opportunity for updates & improvements for a cash buyer, the fundamentals are already in place for a savvy investor to add value and maximize returns. With Boulder's consistently strong rental market and proximity to shopping, dining, parks, and convenient transportation options, this tri-plex is perfectly positioned for long-term appreciation and cash flow growth. Whether you're looking to renovate, reposition, or simply hold as a solid income property, this is a compelling opportunity for a cash buyer to invest in a prime Boulder location with built-in demand and undeniable potential.

Multi-Family Active

Price

^$ 1,399,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 7,716

Style

Lot Size

0.26

Year Built

1963

County/Region

BOULDER

MLS | Web ID

IR1056171

Features

Interior

Interior Amenities Open Floorplan

Basement None

Furnished Y/N Unfurnished

Basement (Y/N) N

Window Features Window Coverings

Main Level Bedrooms 0

General

Sewer Public Sewer

Heating Baseboard Hot Water

Utilities Electricity Available Natural Gas Available

Possession Closing/DOD

Roof Composition

Appliances Dishwasher Oven Refrigerator

Zoning res

Patio/Porch Features Patio

Construction Materials Brick Frame

Exclusions All tenants personal property

Year Built 1963

Tenant Pays None

Levels One

Property Subtype Triplex

Tax Year 2025

Ownership Individual

Gross Income 6760

County Boulder

Net Operating Income 61600

Operating Expense 17754

Property Type Residential Income

HOA N

Subdivision Name Frasier Meadows

Facing Direction South

Possible Use Multi-Family

Status Active

Directions google maps

High School Fairview

High School District Boulder Valley RE 2

Number Of Units Total 3

Lot Size Square Feet 11524

Listing Terms Cash

Elementary School Other

Tax Annual Amount 7716

Middle/Junior High School Manhattan

Concessions No

Virtual Tour https://realvideotour.com/vty2026-4425

Standard Status Active

Occupancy Type Tenant

Elementary School District Boulder Valley RE 2

Cap Rate 4.4

Exterior

Vegetation Wooded

Lot Features Level

Water Source Public

Total Parking 3

Building Area Total 3525

Lot Size Acres 0.26

Road Surface Type Paved

Builder Model Tri-plex

* Excluded Features

List By

Re/Max Of Boulder, Inc

Broker

(303) 489-6241

Phone

Affordability Calculator

$9,257

Per Month

Monthly Principal & Interest: $8,614
Monthly Property Taxes: $643
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Boulder, CO

Average List Price ^$1,740,000

Percent of Sale Price 24%

About Boulder, CO

102,151 Population

6% Since 2002

^$65,436 Median Income

31.88 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1956942 Elementary School

1957357 Middle School

Fairview High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2026	$1,399,000		Listed Price

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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Data is updated as of 4/11/2026.

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Multi-Family: MLS #IR1056171

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