650-654 Inca Parkway Boulder, CO ^$ 2,537,000

650-654 Inca Parkway

^$ 2,537,000

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650-654 Inca Parkway

Boulder, CO, 80303

^$ 2,537,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 17,522

Listed by Stellar Properties, LLC

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Multi-Family Home for sale in Boulder, CO

for $2,537,000. This home was built in 1962 on a lot size of 0.28.

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, 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. Financials: Cap Rate - 5.5; GRM - 14.14; NOI - $139,582; Vacancy Rate - 0.

Multi-Family Active

Price

^$ 2,537,000

Property Type

Multi-Family

Taxes

^$ 10,098

Style

Contemporary

Lot Size

0.28

Year Built

1962

Town/City

Boulder

County/Region

Boulder

MLS | Web ID

IR1057694

Features

General

Sewer Public Sewer

Heating Forced Air

Utilities Cable Available Electricity Available Internet Access (Wired) Natural Gas Available

Roof Composition

Appliances Dishwasher Dryer Oven Refrigerator Washer

Zoning HRE

Architectural Style Contemporary

Construction Materials Brick

Year Built 1962

Levels One

Property Subtype Triplex

Parcel Number R0015155

County Boulder

Property Type Residential Income

HOA N

Attached Garage N

Subdivision Name Frasier Meadows

Facing Direction West

Possible Use Multi-Family

High School Fairview

City Boulder

Senior Community Y/N N

High School District Boulder Valley RE 2

Number Of Units Total 3

Lot Size Square Feet 12211

Elementary School Eisenhower

Property Attached Y/N Y

Tax Annual Amount 10098

Middle/Junior High School Manhattan

Standard Status Active

Elementary School District Boulder Valley RE 2

Freehold IDX

Interior

Basement Full

Flooring Wood

Window Features Window Coverings

Exterior

Fencing Partial

Water Source Public

Lot Size Acres 0.28

* Excluded Features

List By

Stellar Properties, Llc

Broker

3034422448

Contact

Affordability Calculator

$18,364

Per Month

Monthly Principal & Interest: $17,522
Monthly Property Taxes: $842
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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 ^$2,456,806

Percent of Sale Price 3%

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.

3042934 Elementary School

1957357 Middle School

Fairview High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/14/2026	$2,537,000	-6.38%	Price Down
6/2/2026	$2,710,000	-6.87%	Price Down
4/29/2026	$2,910,000		Listed Price

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650-654 Inca Parkway, Boulder, CO, 80303 is a Multi-Family Home for sale at $2,537,000 with a lot size of 0.28. 650-654 Inca Parkway has 0.0 baths and was built in 1962. The property's zip code is 80303 which is in Boulder, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/21/2026.

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PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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650-654 Inca Parkway

Multi-Family Home for sale in Boulder, CO

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