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Longmont Triplex Townhomes Investment Opportunity
For Sale
$1,000,000

1618-1622 Donovan Pl, Longmont, CO 80501

Triplex with washer/dryer hookups, individually metered, near downtown Longmont.

Days on Market100

Property Features for 1618-1622 Donovan Pl

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1976
Listing Agency: Kaufman Hagan Commercial Real Estate
Listed By: Colby Constantine
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 12:26PM

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 Kaufman Hagan Commercial Real Estate

Investment Insights

Based on property information with market context.

Located in Old Town Longmont, 1618-1622 Donovan Place is a triplex of townhomes. Each townhome includes washer/dryer hook-ups and newer furnaces, and is individually metered for gas and electric. The units are easy to rent and cashflow. The property is located on a quiet cul-de-sac in Boulder County, a 5-minute drive to downtown Longmont/Main Street. Each unit has wall air conditioning and furnace heating. The water and sewer are master metered, while electric and gas are individually metered. The seller will replace the roof with closing. The middle unit has the ability to convert to a 4-bed, 2-bath unit. The property has GE Panels. The bike score is 30, making it somewhat bikeable. The walk score is 20, indicating car-dependent accessibility. The transit score is 21, showing minimal transit options.

Key Highlights

  • Triplex of townhomes in Old Town Longmont.
  • Individually metered for gas and electric.
  • Washer/dryer hook‑ups in each unit.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Nail Salon Tanning Salon Florist

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

Location Intelligence

Trade Area within ½ mile

499
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?
Triplex - Triplex with washer/dryer hookups, individually metered, near downtown Longmont.
Where is this triplex located?
The property is located at 1618-1622 Donovan Pl Longmont, CO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Triplex of townhomes in Old Town Longmont.; Individually metered for gas and electric.; Washer/dryer hook‑ups in each unit.
More about this property
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