650 Inca Pkwy, Boulder, CO 80303
Local realty services provided by:CENTURY 21 Cornerstone
650 Inca Pkwy,Boulder, CO 80303
$2,537,000
- - Beds
- - Baths
- 5,589 sq. ft.
- Multi-family
- Active
Listed by: antonio martinez
Office: stellar properties, llc3034422448
MLS#:1057694
Source:IRES
Price summary
- Price:$2,537,000
- Price per sq. ft.:$453.93
About this home
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....
Contact an agent
Home facts
- Year built:1962
- Subdivision & Development:Frasier Meadows
- Listing ID #:1057694
- Added:177 day(s) ago
- Updated:October 23, 2026 at 02:34 PM
Rooms and interior
- Flooring:Wood
- Kitchen Description:Dishwasher, Electric Range, Refrigerator
- Basement Description:Full, Partially Finished
- Living area:5,589 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1962
- Building area:5,589 sq. ft.
- Lot area:0.28 Acres
- Lot Features:Deciduous Trees, House Faces West
- Architectural Style:Contemporary
- Construction Materials:Brick
- Levels:One
Schools
- High school:Fairview
- Middle school:Manhattan
- Elementary school:Eisenhower
Utilities
- Water:City
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,537,000
- Price per sq. ft.:$453.93
- Tax amount:$10,098
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
New listings near 650 Inca Pkwy
- Coming Soon
$975,000Coming Soon3 beds 3 baths3,333 sq. ft.199 Deer Trail Cir, Boulder, CO 80302
MLS# 6501016Listed by: WK Real Estate - Coming SoonOpen Sat, 1 to 3pm
$1,600,000Coming Soon4 beds 3 baths3,215 sq. ft.626 Poplar Ave, Boulder, CO 80304
MLS# 1070961Listed by: RE/MAX of Boulder, Inc - New
$259,000Active1 beds 1 baths631 sq. ft.3250 Oneal Cir #L-23, Boulder, CO 80301
MLS# 1071104Listed by: WK Real Estate - Open Sat, 11am to 1pmNew
$700,000Active3 beds 1 baths1,040 sq. ft.150 S 34th St, Boulder, CO 80305
MLS# 1071100Listed by: Care Realty Co. - New
$2,650,000Active4 beds 1 baths2,179 sq. ft.2003 Balsam Dr, Boulder, CO 80304
MLS# 1071062Listed by: Compass - Boulder - New
$600,000Active3 beds 1 baths2,000 sq. ft.371 Logan Mill Rd, Boulder, CO 80302
MLS# 4727786Listed by: Real Broker, LLC DBA Real - New
$1,625,000Active4 beds 4 baths4,143 sq. ft.4584 Robinson Pl, Boulder, CO 80301
MLS# 1071042Listed by: WK Real Estate - New
$325,000Active1 beds 1 baths708 sq. ft.805 29th St #457, Boulder, CO 80303
MLS# 1071044Listed by: Equity Colorado-Front Range - New
$685,000Active4 beds 3 baths1,524 sq. ft.4268 Corriente Pl, Boulder, CO 80301
MLS# 1071025Listed by: RE/MAX of Boulder, Inc - New
$270,000Active2 beds 1 baths792 sq. ft.2707 Valmont Rd #311D, Boulder, CO 80304
MLS# 1070996Listed by: Compass - Boulder