Building Details

Year Built 1952

Listing Agency: Market Real Estate

Listed By: Todd Walsh 3034445040 · License #EC100077894 Show Phone

Source: Housesofcoloradosprings

Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 9:51AM

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Investment Insights

Based on property information with market context.

Built in 1952, this triplex contains 9 bedrooms and three kitchens, with a layout that functions like a single nine-bedroom residence. The property sits on a 10,915-square-foot lot, and the stated redevelopment concept would increase capacity to as many as 24 beds. It is leased through July 2027. The projected cap rate is 5.79%.

Key Highlights

• Three‑unit property with 9 bedrooms and three kitchens
• Leased through 07/2027
• Projected cap rate of 5.79%

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Nail Salon Electrical Service Law Firm (Bike/Boat/Book/etc) Store Daycare Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Residential units

Location Intelligence

Trade Area within ½ mile

1,216

Businesses Nearby

Explore this area Business Placement

Demographics for 80302, CO

27,322

Population

13,556

Households

2

Avg Household Size

29

Median Age

75%

College-Educated

98%

High-School Grad

93.9 sq mi

ZIP Area

291

Density / Sq Mi

$60,649

Median Household Income

$19,586

Median Earnings

$1,850

Median Rent

$1,123,800

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Triplex - The three-unit property is leased through July 2027.

Where is this triplex located?

The property is located at 735 17th St Boulder, CO.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: Three‑unit property with 9 bedrooms and three kitchens; Leased through 07/2027; Projected cap rate of 5.79%