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Meth-Affected Multifamily Property
For Sale
$450,000

2010 W 9th Ave, Longmont, CO 80501

Residential, Longmont, CO

Property Size1,540 SF
Lot Size0.30 Acres
Price / SF$292.21
Days on Market98

Property Features for 2010 W 9th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-MF
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2
Interior features Beamed Ceilings
Appliances No Inclusions
Subdivision Parkside 3
Lot features House Faces South
Elementary school Mountain View
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 From I-25 Take exit 240 for CO-119 W toward Firestone/Longmont. Turn onto CO-119 (signs for Longmont) - 4.7 mi. Turn right onto E 3rd Ave - 0.5 mi. Turn right onto Pace St - 0.8 mi. Turn left onto E 9th Ave - 1.6 mi. Continue straight onto 9th Ave. The destination will be on the right; From Main St. go West toward Hover Rd, property is on the North side of 9th; From Hover Rd, go east approximately 2 blocks to property and sign on left (north) side of 9th.
Standard status Active
APN R0041176
Size 1,540 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2293

Utilities

Utilities Natural Gas Available

Building Details

Year built 1900
Floors in Building 2
Building materials Frame
Roof type Composition
Architectural style Other
Listing Agency: Equity Colorado
Listed By: Darren Macca
Added: Jul 9 Changed: Oct 8 Last Checked: Oct 14 at 11:06AM
MLS# 1064115

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 multifamily property sits on a 0.3-acre lot and includes a 1,540 SF frame structure built in 1900 with a composition roof. Interior features include beamed ceilings, and the home contains multiple bedrooms and bathrooms as reflected in the room list. The seller notes that the property is meth-affected, and entry into the home is not permitted per guidance from the Environmental Health Specialist with Boulder County Public Health.

The property is described as having easy access to city water, waste, electric, and Xcel natural gas. It is also positioned close to outdoor parks and downtown restaurants and shopping in Longmont.

Utilities are listed as natural gas available, and no appliances or inclusions are provided with the listing.

Key Highlights

  • Zoned R‑MF
  • 0.3‑acre lot with utility access including natural gas available
  • 1,540 SF frame structure built in 1900

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,809
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,180 $536.2K
Cap Rate 7%
$382,986 $383.0K
Cap Rate 9%
$297,878 $297.9K
Market Conditions
NOI Build-Up for 1,540 SF
Gross rent
$51.7K $33.60/SF
− Vacancy
−$3.0K −$1.95/SF
EGI
$48.7K $31.65/SF
− OpEx
−$21.9K −$14.24/SF
NOI
$26.8K $17.41/SF
Area
Boulder County, CO
Vacancy
5.80%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,180
Cap Rate 7%
$382,986
Cap Rate 9%
$297,878

Alternative Uses

Best Use
Apartment 5plus
$383.0K
$335.1K – $446.8K (±1% cap)
NOI $26,809 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$464.6K
$406.6K – $542.1K (±1% cap)
NOI $32,525 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Single family properties

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Barber Shop HVAC Service Electrical Service

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,156
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
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Frequently Asked Questions

What type of property is this?
Single family property - Zoned R-MF on a lot with city water, waste, and natural gas access, with entry restrictions due to environmental guidance.
Where is this single family property located?
The property is located at 2010 W 9th Ave Longmont, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Zoned R‑MF; 0.3‑acre lot with utility access including natural gas available; 1,540 SF frame structure built in 1900
More about this property
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