650-654 Inca Pkwy

Boulder, CO 80303

$2,910,000
Price
15
Beds
6
Baths
5,589 Sq. Ft.
$521 / Sq. Ft.
5,589
Sq. Ft.
$521
per Sq. Ft.
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Front view
654 - kitchen and dining area
654 - entrance to living room
654 - kitchen
654 - main level bedroom
654 - main level
654 - main level bedroom
654 - main level bedroom
654 - main level bedroom
654 - main level bathroom
654 - huge basement recreation room
654 - basement bedroom
654 - basement bathroom
654 - basement laundry area
652 - living room
652 - kitchen
652 - main level bedroom
650 - living room
650 - kitchen and living room
650 - kitchen
650 - kitchen
650 - kitchen and living room
650 - kitchen
650 - main level bathroom
650 - kitchen
650 - main level bedroom
650 - main level bedroom
650 - main level bedroom
650 - main level bathroom
650 - main level bathroom
650 - basement laundry area
650 - basement bedroom
650 - basement bedroom
650 - basement bedroom
650 - basement bedroom
Low-maintenance front yard
Shady trees
Covered front porches
Side yard

Description

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...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.
  1. Listed by Antonio Martinez • Stellar Properties, LLC
    P: (303)-886-4065 C: (303)-886-4065 tony@StellarProperties.net

Property Details for 650-654 Inca Parkway

Locale
Boulder
LISTING UPDATED: 04/29/2026 11:27 AM

Property Details for 650-654 Inca Parkway

StatusActive
MLS #1057694
Days on Compass5
Taxes$10,098 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1962
Lot Size0.28 AC / 12,196 SF
CountyBoulder County
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Location

Listing Courtesy of Stellar Properties, LLC, Antonio Martinez
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Building Information for 650-654 Inca Parkway

Stories-Residences3Year Built1962Building Size-Lot Size0.28 AC / 12,196 SF

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$15,495 per month

30 year fixed, 6.46% Interest

Principal and Interest

$14,653

Property Taxes

$842

HOA Dues

$0

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Property Information for 650-654 Inca Parkway

Summary
Location and General Information
  • Latitude: 40.00
  • Longitude: -105.24
Parking
  • Total Parking: 3.00
Taxes and HOA Information
  • Has HOA: No
  • HOA Fee: $.00
  • Legal Description: N 20 FT LOT 28 & S 70 FT LOT 29 BLK 2 FRASIER MEADOWS
  • Tax Information: No
  • HOA2 Fee Amount: $0
  • Tax Year: 2025
  • Tax Annual Amount: $10,098
  • Parcel Number: R0015155
Property
Lot Information
  • Lot Improvements: Deciduous Trees, House Faces West
  • Lot Size Area: 12,211.00
  • Has Irrigation Water Rights: No
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Appraiser
  • Are Ditches Active: No
  • New Construction YN: No
  • Levels: One
Utilities
  • Electric: Xcel
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Flooring: Wood
Interior Features
  • Laundry Features: Electric Range, Dishwasher, Refrigerator, Washer, Dryer
  • Window Features: Window Coverings
Unit Information
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $4,900.00
  • Unit Type Units Total: 1.0
  • IRE_Unit Type Estimated Sq Ft: 1725
  • Unit Type Type: Unit 1
  • Unit Type Beds Total: 5
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $4,500.00
  • Unit Type Units Total: 1.0
  • IRE_Unit Type Estimated Sq Ft: 1695
  • Unit Type Type: Unit 2
  • Unit Type Beds Total: 5
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $5,120.00
  • Unit Type Units Total: 1.0
  • IRE_Unit Type Estimated Sq Ft: 2136
  • Unit Type Type: Unit 3
  • Unit Type Beds Total: 5
Rental
Rental Information
  • Horse YN: No
  • Rent Fee Includes: Deposit, Gas, Electricity, Water, Sewer, Trash Collection
  • Occupant Type: Tenant

Schools near 650-654 Inca Parkway

This home is within Boulder Valley Re 2 School District.
Rating
School
Type
Grades
Distance
Eisenhower Elementary School
Public - PK to 5
Manhattan Middle School Of The Arts And Academics
Public - 6 to 8
Fairview High School
Public - 9 to 12
Horizons K-8 School
Charter - K to 8
Rating
School
Distance
Eisenhower Elementary School
PublicPK to 5

Manhattan Middle School Of The Arts And Academics
Public6 to 8

Fairview High School
Public9 to 12

Horizons K-8 School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 650-654 Inca Parkway, Boulder, CO 80303

650-654 Inca Parkway is a multi-family home for sale in Boulder, CO 80303. This property was listed for sale on April 29, 2026 by Stellar Properties, LLC, it's currently listed at $2,910,000. This listing's school district is Boulder Valley Re 2 School District. Nearby schools include Eisenhower Elementary School, Manhattan Middle School Of The Arts And Academics and Fairview High School. 650-654 Inca Parkway is a 15-bed, 6-bath, 5,589 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Stellar Properties, LLC, Antonio Martinez

Based on information submitted to the MLS GRID as of 04/29/2026 11:27 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.