Two-Unit Duplex with
New
For Sale
$525,000
1812 Lincoln Dr, Longmont, CO 80501
Residential Income, Longmont, CO
Property Size1,792 SF
Lot Size0.10 Acres
Price / SF$292.97
Days on Market2
Property Features for 1812 Lincoln Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2
Parking
2
Window features
Window Coverings
Patio and Porch features
Deck
Interior features
Open Floorplan
Exterior features
Sprinkler System
Fireplace
1
Appliances
Dishwasher, Refrigerator
Subdivision
Barrett-Klein
Lot features
Paved
Elementary school
Northridge
Middle school
Longs Peak
High school
Longmont
Elementary school district
ST Vrain Dist RE 1J
Middle school district
ST Vrain Dist RE 1J
High school district
ST Vrain Dist RE 1J
Directions
You can park in the spot straight ahead of the driveway or on the street. Do not block the space to the south behind the other unit
Standard status
Active
APN
R0075255
Size
1,792 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3353
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Amenities
cozy fireplace
covered patios
off-street parking
shared yard
lawn sprinkler system
central air
full kitchen appliances
in-unit washer/dryer
Building Details
Year built
1979
Floors in Building
2
Number of units
2
Building materials
Frame
Roof type
Composition
Listing Agency:
eXp Realty LLC
(888) 440-2724
Listed By:
Clare Gleason
(303) 931-8111
Added: Sep 2
Last Checked: Sep 3 at 11:06AM
MLS# 1067747
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.
Investment Insights
Based on property information with market context.
This two-story duplex contains 1,792 square feet, with two 860-square-foot units featuring two bedrooms and one bathroom each. One unit has been updated with luxury vinyl plank flooring and new carpet, while both sides include central air, full kitchen appliances, in-unit laundry, a fireplace, covered patios, and off-street parking. The property also provides a shared yard with a new lawn sprinkler system.
Located at 1812 Lincoln Dr in Longmont, the property sits on a 0.1-acre lot and was built in 1979. The exterior paint was refreshed in 2020. One unit is leased through June 2027, while the other is available for occupancy. Additional property features include forced-air heating, public sewer, natural gas availability, a composition roof, and frame construction.
Located at 1812 Lincoln Dr in Longmont, the property sits on a 0.1-acre lot and was built in 1979. The exterior paint was refreshed in 2020. One unit is leased through June 2027, while the other is available for occupancy. Additional property features include forced-air heating, public sewer, natural gas availability, a composition roof, and frame construction.
Key Highlights
- Two‑story duplex with 1,792 square feet total
- Two 860‑square‑foot units, each with 2 bedrooms and 1 bathroom
- One unit updated with luxury vinyl plank flooring and new carpet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,624
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$412,480
$412.5K
Cap Rate 7%
$294,629
$294.6K
Cap Rate 9%
$229,156
$229.2K
Market Conditions
NOI Build-Up for 1,792 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.2K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$29.5K $16.44/SF
− OpEx
−$8.8K −$4.93/SF
NOI
$20.6K $11.51/SF
Area
Weld County, CO
Vacancy
5.51%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$412,480
Cap Rate 7%
$294,629
Cap Rate 9%
$229,156
Alternative Uses
Best Use
Multifamily LT 5
$294.6K
$257.8K – $343.7K
NOI $20,624 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$270.6K
$236.8K – $315.7K
NOI $18,940 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office B
$326.6K
$285.8K – $381.0K
NOI $22,861 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,033
Businesses Nearby
Explore this area
Business Placement
Demographics for 80501, CO
42,822
Population
19,173
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,399
Density / Sq Mi
$77,705
Median Household Income
$42,599
Median Earnings
$1,586
Median Rent
$461,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Owner-occupancy setup pairs a remodeled residence with an existing lease and shared outdoor amenities.
Where is this duplex located?
The property is located at 1812 Lincoln Dr Longmont, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑story duplex with 1,792 square feet total; Two 860‑square‑foot units, each with 2 bedrooms and 1 bathroom; One unit updated with luxury vinyl plank flooring and new carpet
