Duplex With Finished
1306 Parker Dr Longmont, CO 80501
1306 Parker Dr, Longmont, CO, 80501
$639,000
For Sale
$639,000
CONDOS - Contemporary - Longmont, CO
Property Size3,768 SF
Lot Size0.22 Acres
Price / SF$169.59
Days on Market33
Property Features for 1306 Parker Dr
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R-2
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 3, Dining Room, Bedroom 4, Bedroom 2, Bedroom 6, Basement, Bedroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 2
- Patio and Porch features
- Patio
- Interior features
- Separate Dining Room, Washer/Dryer Hookup
- Exterior features
- Balcony
- Fencing
- Fenced
- Fireplace
- 1
- Basement
- Partially Finished, Full
- Appliances
- Electric Range, Dishwasher, Refrigerator
- Standard status
- Active
- APN
- R0078055
- Size
- 3,768 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3908
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1983
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Frame, Brick
- Roof type
- Composition
- Architectural style
- Contemporary
Listing agency
Colorado Mountain Home Realty
(303) 823-5022
Listed by
Thomas Adams · License #40007513
(970) 481-5188
Added: Jun 19 Updated: Jul 21 at 5:05PM Checked: Jul 21 at 7:06PM
MLS# 1062383
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 NW Longmont duplex is in very good condition and has a documented rental history. Each unit includes a finished basement, a fenced back yard, and a front yard patio. Both units also have a single-car garage and two off-street parking spaces.
The property is listed under R-2 zoning. Unit 1306 has tenancy ending Nov. 30, 2026, while unit 1308 is available to rent or occupy.
With two independent units and dedicated parking plus enclosed outdoor space, the property offers a straightforward live-in or income configuration within a residential duplex format.
The property is listed under R-2 zoning. Unit 1306 has tenancy ending Nov. 30, 2026, while unit 1308 is available to rent or occupy.
With two independent units and dedicated parking plus enclosed outdoor space, the property offers a straightforward live-in or income configuration within a residential duplex format.
Key Highlights
- NW Longmont duplex built in 1983 with frame and brick construction
- Both units include finished basements plus a front yard patio and fenced back yard
- Each unit has a single‑car garage and two off‑street parking spaces
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.6k | $17.40 |
| − Vacancy | −$3.6k | −$0.96 |
| EGI | $62.0k | $16.44 |
| − OpEx | −$18.6k | −$4.93 |
| NOI | $43.4k | $11.51 |
3,768 SF · lease $17.40/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$619.5K
$542.1K – $722.8K
NOI $43,365 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$568.9K
$497.8K – $663.8K
NOI $39,825 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office B
$686.7K
$600.9K – $801.2K
NOI $48,070 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - NW Longmont duplex in very good condition featuring finished basements, fenced yards, and garages for both units.
Where is this duplex located?
The property is located at 1306 Parker Dr Longmont, CO.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: NW Longmont duplex built in 1983 with frame and brick construction; Both units include finished basements plus a front yard patio and fenced back yard; Each unit has a single‑car garage and two off‑street parking spaces
