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.
For sale
$1,399,000
4425 Comanche Dr, Boulder, CO 80303
6beds
4baths
3,525sqft
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$397/sqft
$-- HOA
What's special
Covered carport parking spacePrivate storage closet
- 151 days
- 300
- 18
Zillow last checked:
Listing updated:
Listed by:
Lisa Wade 303-449-7000,
RE/MAX of Boulder, Inc,
Tyler Dock 303-547-6132,
RE/MAX of Boulder, Inc
Source: IRES as distributed by MLS GRID,MLS#: 1056171
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Hot Water, Baseboard
Appliances
- Included: Electric Range, Dishwasher, Refrigerator
Features
- Open Floorplan
- Windows: Window Coverings
- Basement: None
Interior area
- Total structure area: 3,525
- Total interior livable area: 3,525 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Details: 1 Space/Unit
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 0.26 Acres
- Features: Deciduous Trees, Level, Paved, Curbs, Gutters
Details
- Parcel number: R0015156
- Zoning: res
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1963
Details
- Builder model: Tri-plex
Utilities & green energy
- Electric: Xcel Energy
- Gas: Xcel Energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Frasier Meadows
HOA
- Has HOA: No
Location
- Region: Boulder
Financial & listing details
- Price per square foot: $397/sqft
- Tax assessed value: $1,254,100
- Annual tax amount: $7,716
- Date on market: 4/10/2026
- Listing terms: Cash
- Exclusions: All tenants personal property
- Tenant pays: None
- Income includes: Lease/Rents
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Listed for sale | $1,399,000-5.2%$397/sqft |
Source: | ||
| 6/6/2025 | Listing removed | $1,475,000$418/sqft |
Source: | ||
| 4/1/2025 | Price change | $1,475,000-1.6%$418/sqft |
Source: | ||
| 2/10/2025 | Price change | $1,499,000-1.5%$425/sqft |
Source: | ||
| 11/22/2024 | Listed for sale | $1,522,000$432/sqft |
Source: | ||
| 7/18/2020 | Listing removed | $2,000$1/sqft |
Source: Mock Property Management Report a problem | ||
| 7/6/2020 | Listed for rent | $2,000+8.1%$1/sqft |
Source: Mock Property Management Report a problem | ||
| 7/6/2018 | Listing removed | $1,850$1/sqft |
Source: Mock Property Management Report a problem | ||
| 7/2/2018 | Listed for rent | $1,850-5.1%$1/sqft |
Source: Mock Property Management Report a problem | ||
| 5/1/2018 | Listing removed | $1,950$1/sqft |
Source: Mock Property Management Report a problem | ||
| 4/24/2018 | Price change | $1,950-9.3%$1/sqft |
Source: Mock Property Management Report a problem | ||
| 4/20/2018 | Listed for rent | $2,150$1/sqft |
Source: Mock Property Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,868 +1.9% | $78,381 -14.7% |
| 2024 | $7,724 +23.1% | $91,875 +0.5% |
| 2023 | $6,273 +2.5% | $91,402 +40.3% |
| 2022 | $6,120 +9.7% | $65,130 -4.9% |
| 2021 | $5,580 | $68,483 +6.8% |
| 2020 | $5,580 +7.9% | $64,100 |
| 2019 | $5,173 | $64,100 +7.4% |
| 2018 | $5,173 | $59,666 -9.5% |
| 2017 | $5,173 +10.9% | $65,965 +22.4% |
| 2016 | $4,664 +5.6% | $53,874 +11.1% |
| 2015 | $4,416 +8.3% | $48,476 |
| 2014 | $4,076 -4.8% | $48,476 |
| 2013 | $4,281 +0.9% | $48,476 -5.1% |
| 2012 | $4,243 +5.6% | $51,103 |
| 2011 | $4,018 +7.1% | -- |
| 2010 | $3,752 -15% | $49,710 |
| 2009 | $4,414 +3.5% | $49,710 -27.9% |
| 2008 | $4,264 +32.6% | $68,990 |
| 2007 | $3,216 +3.9% | $68,990 +37.1% |
| 2006 | $3,096 +10.9% | $50,320 |
| 2005 | $2,792 +0.7% | $50,320 +10.1% |
| 2004 | $2,772 -7.9% | $45,690 |
| 2003 | $3,009 +10.3% | $45,690 +6% |
| 2002 | $2,727 | $43,110 -90.9% |
| 2001 | -- | $471,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Frasier Meadows
Nearby schools
Schools provided by the listing agent
- Elementary: Meadowlark K-8
- Middle: Manhattan
- High: Fairview
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








