# 650 Inca Pkwy, Boulder, CO 80303 > **TL;DR:** 15bd/6ba residential multi family, $2,537,000 ($454/sqft), built 1962, 5,589 sqft. Est. $13,568/mo. Listed 187 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,537,000 | | Price/sqft | $454 | | Bedrooms | 15 | | Bathrooms | 6 full | | Square Feet | 5,589 | | Year Built | 1962 | | Lot Size | 12,197 sqft (0.28 acres) | | Stories | 1 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 187 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $12,828 | | Estimated Insurance | $740 | | **Total** | **$13,568** | ## Nearby Schools - **Elementary:** Eisenhower - **Middle:** Manhattan - **High:** Fairview ## Property Highlights - Built in 1962 - 0.28 acre lot - 3 parking spaces ## Description ### Agent 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 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. ## Location - **Address:** 650 Inca Pkwy, Boulder, CO 80303 - **County:** Boulder - **Neighborhood:** Frasier Meadows - **Coordinates:** 39.999401, -105.239803 - **Google Maps:** https://www.google.com/maps?q=39.999401,-105.239803 ## Listing Agent - **Name:** Antonio Martinez - **Brokerage:** Stellar Properties, LLC - **Broker Phone:** (303) 442-2448 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/650-Inca-Pkwy_Boulder_CO_80303_M21581-48949?f=listhub&s=IRESCO&m=1057694&c=propsimple) ## Photos ![650 Inca Pkwy - Photo 1](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2245303452r.jpg) ![650 Inca Pkwy - Photo 2](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f130668251r.jpg) ![650 Inca Pkwy - Photo 3](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2784277184r.jpg) ![650 Inca Pkwy - Photo 4](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f188634878r.jpg) ![650 Inca Pkwy - Photo 5](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f1169962988r.jpg) ![650 Inca Pkwy - Photo 6](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3251574360r.jpg) ![650 Inca Pkwy - Photo 7](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f1537918743r.jpg) ![650 Inca Pkwy - Photo 8](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f801955963r.jpg) ![650 Inca Pkwy - Photo 9](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3399561585r.jpg) ![650 Inca Pkwy - Photo 10](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3406780912r.jpg) ![650 Inca Pkwy - Photo 11](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2469632714r.jpg) ![650 Inca Pkwy - Photo 12](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f1663530480r.jpg) ![650 Inca Pkwy - Photo 13](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3152293018r.jpg) ![650 Inca Pkwy - Photo 14](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3143970044r.jpg) ![650 Inca Pkwy - Photo 15](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f1586524576r.jpg) ![650 Inca Pkwy - Photo 16](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f1133643531r.jpg) ![650 Inca Pkwy - Photo 17](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3641261143r.jpg) ![650 Inca Pkwy - Photo 18](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2115808700r.jpg) ![650 Inca Pkwy - Photo 19](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2377426005r.jpg) ![650 Inca Pkwy - Photo 20](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f679961211r.jpg) ![650 Inca Pkwy - Photo 21](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f1024432019r.jpg) ![650 Inca Pkwy - Photo 22](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3188456376r.jpg) ![650 Inca Pkwy - Photo 23](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f350178821r.jpg) ![650 Inca Pkwy - Photo 24](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f4058413305r.jpg) ![650 Inca Pkwy - Photo 25](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f4203233539r.jpg) ![650 Inca Pkwy - Photo 26](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3874908394r.jpg) ![650 Inca Pkwy - Photo 27](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3633129105r.jpg) ![650 Inca Pkwy - Photo 28](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f401729184r.jpg) ![650 Inca Pkwy - Photo 29](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f1453824940r.jpg) ![650 Inca Pkwy - Photo 30](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f719860640r.jpg) ![650 Inca Pkwy - Photo 31](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2090938183r.jpg) ![650 Inca Pkwy - Photo 32](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f925611935r.jpg) ![650 Inca Pkwy - Photo 33](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2724126551r.jpg) ![650 Inca Pkwy - Photo 34](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3469853584r.jpg) ![650 Inca Pkwy - Photo 35](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f1239347514r.jpg) ![650 Inca Pkwy - Photo 36](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3312919418r.jpg) ![650 Inca Pkwy - Photo 37](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3809926359r.jpg) ![650 Inca Pkwy - Photo 38](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3051275377r.jpg) ![650 Inca Pkwy - Photo 39](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2129253590r.jpg) ![650 Inca Pkwy - Photo 40](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2761852991r.jpg) ![650 Inca Pkwy - Photo 41](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2766073964r.jpg) ![650 Inca Pkwy - Photo 42](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3756150391r.jpg) ![650 Inca Pkwy - Photo 43](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f4005570482r.jpg) ![650 Inca Pkwy - Photo 44](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f406114817r.jpg) ![650 Inca Pkwy - Photo 45](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f4212816904r.jpg) ![650 Inca Pkwy - Photo 46](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f1800248679r.jpg) ![650 Inca Pkwy - Photo 47](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2703789566r.jpg) ![650 Inca Pkwy - Photo 48](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f3243255266r.jpg) ![650 Inca Pkwy - Photo 49](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f2836399186r.jpg) ![650 Inca Pkwy - Photo 50](http://lh.rdcpix.com/a93d2847d26904a302f1022af45d8169l-f1998885546r.jpg) --- **MLS#:** 1057694 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/650-inca-pkwy-boulder-co-80303-638b11a8a5454ecf92a256034c05af14) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/650-inca-pkwy-boulder-co-80303-638b11a8a5454ecf92a256034c05af14#listing", "url": "https://www.propertysimple.ai/listing/650-inca-pkwy-boulder-co-80303-638b11a8a5454ecf92a256034c05af14", "name": "650 Inca Pkwy, Boulder, CO 80303", "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 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. 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