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Garden-Style Multifamily Property
For Sale
$2,250,000
Pending

1405 Coffman St, Longmont, CO 80501

Twelve two-bedroom units feature private patios, dedicated yard space, storage, and a shared laundry facility.

Property SizeContact for details
Days on Market68

Property Features for 1405 Coffman St

General Information

Standard status Pending
Property subtype Investment

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $12,864

Amenities

private patio
dedicated yard area
storage unit
shared laundry facility

Building Details

Year Built 1961
Units 12
Listed By: Jacqueline Sigg
Source: Elliman
Added: Jul 3 Changed: Aug 8 Last Checked: Aug 3 at 10:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jacqueline Sigg

Investment Insights

Based on property information with market context.

1405 Coffman St offers a garden-style multifamily configuration with 12 two-bedroom, 1.5-bath units. Each unit includes a spacious patio, dedicated yard area, a storage unit, and access to a shared laundry facility. The property also provides parking with two dedicated parking spots per unit, supporting tenant convenience and day-to-day livability.

The asset is positioned in central Longmont, located just a block off Main Street. WalkScore data indicates it is very walkable, with nearby restaurants and local shops contributing to an accessible day-to-day environment.

The building presents a clean, well-kept ownership history and current rental structure is described as below market. This creates a value-add path as leases turn, with the opportunity to update interiors over time while maintaining in-place cashflow.

Key Highlights

  • 1961‑built multifamily property with 12 two‑bedroom units
  • Each unit includes 1.5 bathrooms, a spacious patio, dedicated yard area, and a storage unit
  • Shared laundry facility on site

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage Pharmacy Hotel & Motel Travel Agency

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

965
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Twelve two-bedroom units feature private patios, dedicated yard space, storage, and a shared laundry facility.
Where is this apartment building located?
The property is located at 1405 Coffman St Longmont, CO.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 1961‑built multifamily property with 12 two‑bedroom units; Each unit includes 1.5 bathrooms, a spacious patio, dedicated yard area, and a storage unit; Shared laundry facility on site
More about this property
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