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.
Listed by Lisa Wade
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License #IRP09387
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RE/MAX of Boulder, Inc
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303-489-6241
Last updated April 10, 2026
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Source: REcolorado #IR1056171
Listing Facts
TypeMulti-family
NeighborhoodFrasier Meadows
Days on Prevu21
Taxes$7,716/year
Amenities
Dishwasher
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
04/10/2026
Listed by RE/MAX of Boulder, Inc
$1,399,000
Property Details for Undisclosed Address #IR1056171
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Roof: Composition
Window Features: Window Coverings
Year Built: 1963
Construction Materials: Brick, Frame
Features
Direction Faces: South
Patio And Porch Features: Patio
Measurements
Building Area Total: 3,525
Lot Features: Level
Lot Size Acres: 0.26
Lot Size Square Feet: 11,524
Financial
Residential Income
Cap Rate: 4.4
Gross Income: $6,760.00
Operating Expense: $17,754.00
Taxes
Parcel Number: R0015156
Tax Annual Amount: $7,716.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Oven, Refrigerator
Interior Features: Open Floorplan
Other
General
Exclusions: All tenants personal property
Location
Subdivision Name: Frasier Meadows
Parking
Parking
Parking Total: 3
Schools
Elementary School
Elementary School: Other
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: Baseboard, Hot Water
Sewer: Public Sewer
Utilities: Electricity Available, 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 Undisclosed Address #IR1056171.
What schools are nearby to Undisclosed Address #IR1056171?
Nearby schools include the Other Elementary School, Manhattan Middle School, and Fairview High School.
Does this multi-family home have parking?
Yes, there are 3 parking spaces available for Undisclosed Address #IR1056171.
What are the annual taxes for Undisclosed Address #IR1056171?
Annual taxes for this multi-family home are estimated at $7,716.
How does Undisclosed Address #IR1056171 compare to other multi-family homes in Frasier Meadows?
This multi-family home is listed 0% below the average price for multi-family homes in Frasier Meadows and has been on the market for 27 less days than the typical home in this area.
Undisclosed Address #IR1056171 is a -bedroom multi-family home for sale in Boulder CO 80303. On Prevu for 21 days at $1,399,000. 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 Other Elementary School, Manhattan Middle School, and Fairview High School. The home offers private outdoor space, dishwasher, and parking. Explore more multi-family home listings in Boulder.
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