Longmont Duplex
For Sale
$550,000
1726 Meadow Street, Longmont, CO 80501
Two 2-bedroom, 1-bath units with eat-in kitchens, laundry, patios, and off-street parking sold as-is.
Property Size1,918 SF
Days on Market48
Property Features for 1726 Meadow Street
General Information
Standard status
Active
Size
1,918 SF
Total Parking Spaces
4
Property subtype
Duplex
Occupancy
100%
Additional Details
Cap Rate
6.25%
Fenced Yard
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,074
Amenities
eat-in kitchen
laundry
patios
fenced yard
Building Details
Building Size
1,918 SF
Year Built
1972
Tenancy
Multi
Listing Agency:
RE/MAX Alliance
Listed By:
Warren Williams
(877) 412-4811
Source:
Eliselosassore
Added: Jul 20
Changed: Aug 23
Last Checked: Sep 5 at 4:58AM
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 RE/MAX Alliance
Investment Insights
Based on property information with market context.
This Longmont duplex includes two 2-bedroom, 1-bath units, each with an eat-in kitchen, laundry, and patios, plus 2-car off-street parking. Unit 1728 also features a fenced yard. Interiors are reported to be in good condition and the property is sold As-Is. Furnaces were installed approximately 13 years ago.
Per the seller’s remarks, 1726 has a long-term tenant in place, while 1728 was recently painted with a new tenant. The property may be eligible to be sold as a 1031 exchange.
Each unit’s current configuration supports straightforward residential income use, with dedicated outdoor space and practical parking directly associated with the building.
Per the seller’s remarks, 1726 has a long-term tenant in place, while 1728 was recently painted with a new tenant. The property may be eligible to be sold as a 1031 exchange.
Each unit’s current configuration supports straightforward residential income use, with dedicated outdoor space and practical parking directly associated with the building.
Key Highlights
- Longmont duplex built in 1972 with two 2‑bed, 1‑bath units
- $1650 rent at 1726 and $1850 rent at 1728 (tenant income provided)
- Each unit includes an eat‑in kitchen, laundry, patios, and 2‑car off‑street parking
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
$22,074
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
4.01%
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%
$441,480
$441.5K
Cap Rate 7%
$315,343
$315.3K
Cap Rate 9%
$245,267
$245.3K
Market Conditions
NOI Build-Up for 1,918 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
$33.4K $17.40/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$31.5K $16.44/SF
− OpEx
−$9.5K −$4.93/SF
NOI
$22.1K $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%
$441,480
Cap Rate 7%
$315,343
Cap Rate 9%
$245,267
Alternative Uses
Best Use
Multifamily LT 5
$315.3K
$275.9K – $367.9K
NOI $22,074 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$289.6K
$253.4K – $337.9K
NOI $20,272 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office B
$349.6K
$305.9K – $407.8K
NOI $24,469 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
828
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 - Two 2-bedroom, 1-bath units with eat-in kitchens, laundry, patios, and off-street parking sold as-is.
Where is this duplex located?
The property is located at 1726 Meadow Street Longmont, CO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Longmont duplex built in 1972 with two 2‑bed, 1‑bath units; $1650 rent at 1726 and $1850 rent at 1728 (tenant income provided); Each unit includes an eat‑in kitchen, laundry, patios, and 2‑car off‑street parking
