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Duplex with Remodeled Unit
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 Market47

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 Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 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
Water source Public

Amenities

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
Listed By: Clare Gleason
Added: Sep 2 Changed: Oct 12 Last Checked: Oct 18 at 8:06AM
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.

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Investment Insights

Based on property information with market context.

This two-story duplex contains two residences, each with 2 bedrooms, 1 bathroom, and 860 square feet. One unit has recently received new luxury vinyl plank flooring and carpet; the other is occupied under a lease extending through June 2027. The property includes a fireplace, covered patios, off-street parking, and a shared yard with a recently installed sprinkler system.

Central air, kitchen appliances, and in-unit washer and dryer are provided. Forced-air heating serves the building, which was constructed in 1979. Exterior paint was refreshed in 2020. The parcel measures 0.1 acres and is zoned Duplex.

Key Highlights

  • Two residences, each with 2 bedrooms, 1 bathroom, and 860 square feet
  • One unit has updated luxury vinyl plank flooring and carpet
  • Second unit leased through June 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,497
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,940 $669.9K
Cap Rate 7%
$478,529 $478.5K
Cap Rate 9%
$372,189 $372.2K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$51.2K $28.56/SF
− Vacancy
−$3.3K −$1.86/SF
EGI
$47.9K $26.70/SF
− OpEx
−$14.4K −$8.01/SF
NOI
$33.5K $18.69/SF
Area
Boulder County, CO
Vacancy
6.50%
Lease Rate
$28.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,940
Cap Rate 7%
$478,529
Cap Rate 9%
$372,189

Alternative Uses

Best Use
Multifamily LT 5
$478.5K
$418.7K – $558.3K (±1% cap)
NOI $33,497 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$445.6K
$389.9K – $519.9K (±1% cap)
NOI $31,195 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$540.7K
$473.1K – $630.8K (±1% cap)
NOI $37,847 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply Electrical Service Carpet & Flooring Store Garden Center

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,033
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One residence has updated flooring and carpet, while the adjoining unit is leased through June 2027.
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 residences, each with 2 bedrooms, 1 bathroom, and 860 square feet; One unit has updated luxury vinyl plank flooring and carpet; Second unit leased through June 2027
More about this property
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