Prevu by reAlpha
BuySellBlogBrowse Listings

650-654 Inca ParkwayBoulder, CO 80303

For Sale

$2,910,000

Smart Buyer Rebate $29,100

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.

Listed by Antonio Martinez

·

License #IRP10447

·

Stellar Properties, LLC

·

303-886-4065

Last updated April 29, 2026

·

Source: REcolorado #IR1057694

Listing Facts

  • TypeMulti-family
  • NeighborhoodFrasier Meadows
  • Days on Prevu1
  • Taxes$10,098/year

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

04/29/2026
Listed by Stellar Properties, LLC
$2,910,000

Property Details for 650-654 Inca Parkway

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Roof: Composition
  • Window Features: Window Coverings
  • Year Built: 1962
  • Architectural Style: Contemporary
  • Construction Materials: Brick

Features

  • Direction Faces: West
  • Fencing: Partial

Measurements

  • Building Area Total: 5,589
  • Lot Size Acres: 0.28
  • Lot Size Square Feet: 12,211

Financial

Residential Income

  • Cap Rate: 5.15
  • Gross Income: $14,520.00
  • Operating Expense: $27,253.00

Taxes

  • Parcel Number: R0015155
  • Tax Annual Amount: $10,098.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Flooring: Wood

Rooms

  • Basement: Full
  • Has Basement: Yes

Other

General

  • Exclusions: Tenants personal belongings

Location

  • Subdivision Name: Frasier Meadows

Parking

Parking

  • Parking Total: 3

Schools

Elementary School

  • Elementary School: Eisenhower
  • Elementary School District: Boulder Valley RE 2

High School

  • High School: Fairview
  • High School District: Boulder Valley RE 2

Middle or Junior School

  • Middle Or Junior School: Manhattan

Utilities

Equipment

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 650-654 Inca Parkway.

What schools are nearby to 650-654 Inca Parkway?

Nearby schools include the Eisenhower Elementary School, Manhattan Middle School, and Fairview High School.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 650-654 Inca Parkway.

What are the annual taxes for 650-654 Inca Parkway?

Annual taxes for this multi-family home are estimated at $10,098.

How does 650-654 Inca Parkway compare to other multi-family homes in Frasier Meadows?

This multi-family home is listed 108% above the average price for multi-family homes in Frasier Meadows and has been on the market for 47 less days than the typical home in this area.

650-654 Inca Parkway is a -bedroom multi-family home for sale in Boulder CO 80303. Listed on Prevu for 1 days at $2,910,000. This home is located in Frasier Meadows. The median listing price for multi-family homes in this area is $1,360,000. Nearby schools include Eisenhower Elementary School, Manhattan Middle School, and Fairview High School. Property amenities include dishwasher, parking, and washer/dryer. Browse more multi-family home listings in Boulder.

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Prevu are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.