Estimated payment $8,112/month
Highlights
- Open Floorplan
- No HOA
- 1-Story Property
- Eisenhower Elementary School Rated A
- Patio
- Baseboard Heating
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
RE/MAX of Boulder, Inc Brokerage Phone: 3034497000 License #1320760 Listed on: 04/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,716
Year Built
- Built in 1963
Lot Details
- 11,326 Sq Ft Lot
- Fenced
- Level Lot
Parking
- 3 Parking Spaces
Home Design
- Composition Roof
Interior Spaces
- 3,525 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Window Treatments
- 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
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $7,868 | $78,381 | $47,331 | $31,050 |
| 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 |
Property History
| 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
MLS Number: IRE1056171
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Ask me questions while you tour the home.