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Home » Real Estate » CO » Boulder » 80303 » 650 Inca Pkwy, Boulder, CO, 80303
$2,910,000

650 Inca Pkwy, Boulder, CO, 80303

5,589 Square Feet
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.
Offered By
Antonio Martinez, Stellar Properties, LLC

Property Details

Property Type Residential Income
Status Active
Property Sub Type Multi Family
Square Feet 5,589
MLS # 1057694

Market Trends

New Properties On Market
27
Average Asking Price
$819,611
Average Asking Price / Sq. Ft.
$688
Average Days On Market
24
Data as of Apr 29, 2026. Remaining statistics above are calculated on activity within the period from Mar 01, 2026 to Mar 31, 2026.