$1,399,000

Estimated payment $8,192/month

Total Views 2,923
6 Beds
4 Baths
3,525 Sq Ft
$397 Price per Sq Ft

Highlights

  • Open Floorplan
  • No HOA
  • Landscaped with Trees
  • Eisenhower Elementary School Rated A
  • Patio
  • 1-Story Property

About This Home

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.

Listing Agent

Lisa Wade

RE/MAX of Boulder, Inc Brokerage Phone: 3034497000 License #1320760 Listed on: 04/10/2026

Co-Listing Agent

Tyler Dock

RE/MAX of Boulder, Inc Brokerage Phone: 3034497000 License #100080713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,716

Year Built

  • Built in 1963

Lot Details

  • 11,326 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 3,525 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Patio

Schools

  • Meadowlark K-8 Elementary School
  • Manhattan Middle School
  • Fairview High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number R0015156

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Frasier Meadows Subdivision, Tri Plex Floorplan

Building Details

  • Gross Income $79,354
  • Net Operating Income $61,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,716

Year Built

Built in 1963

Lot Details

0.26 Acres

Listing Details

  • Year Built: 1963
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: IREBOUL
  • Subdivision Name: Frasier Meadows
  • Directions: google maps
  • Unit Levels: One
  • New Construction: No
  • Attribution Contact: 3034497000
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Appliances: No Units Furnished, Electric Range, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 6
  • Interior Amenities: Open Floorplan
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Deciduous Trees, Level, House Faces South, Paved, Curbs, Gutters
  • Waterfront: No
  • Disclosures: None
  • Construction Type: Frame, Brick
  • Patio And Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 3

Utilities

  • Electric: Xcel Energy
  • Heating: Hot Water, Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Meadowlark K-8
  • HighSchool: Fairview
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: res
  • Land Lease Amount Frequency: Fixed Term
  • Parcel #: R0015156
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7716

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 79354
  • Income Includes: ["Lease/Rents"]

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,716 $85,278 $51,496 $33,782
2024 $7,868 $78,381 $47,331 $31,050
2023 $7,724 $86,839 $57,600 $32,924
2022 $6,273 $65,130 $40,310 $24,820
2021 $6,120 $68,483 $42,385 $26,098
2020 $5,580 $64,100 $34,535 $29,565
2019 $5,494 $64,100 $34,535 $29,565
2018 $5,173 $59,666 $32,472 $27,194
2017 $5,011 $65,965 $35,900 $30,065
2016 $4,664 $53,874 $23,960 $29,914
2015 $4,416 $48,476 $22,296 $26,180
2014 $4,076 $48,476 $22,296 $26,180
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/10/2026 04/10/26 For Sale $1,399,000 -- $397 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: IRE1056171

IRES MLS
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