Duplex with Separate
3742 Findlay Ln, Longmont, CO 80503
For Sale
New
$710,000
Both residences offer in-unit laundry, fenced outdoor space, and flexible upper-level areas.
Property Size2,244 SF
Price / SF$316.40
Days on Market4
Property Features for 3742 Findlay Ln
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry
fully fenced backyard
Listing Agency:
LPT Realty
(877) 366-2213
Listed By:
Andrew Ross
(720) 541-8849
Source:
Exprealty
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 2:43PM
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 LPT Realty
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Investment Insights
Based on property information with market context.
This remodeled duplex in Longmont contains 2,244 square feet across two residences. Each unit has a main-floor primary suite, a second bedroom, an additional bathroom, and an upper-level area configured for a potential third bedroom or flexible living and recreation space. In-unit laundry and a separate one-car garage serve each residence. The property’s exterior is maintained, and the fenced backyard is shared, with the potential to divide it between the units. One residence has a larger main level and extra attic storage. There is no HOA.
Key Highlights
- 2,244‑square‑foot duplex with two residences
- Each unit has a main‑floor primary suite, second bedroom, additional bathroom, and adaptable upper‑level space
- Separate one‑car garage and in‑unit laundry for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,946
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,920
$838.9K
Cap Rate 7%
$599,229
$599.2K
Cap Rate 9%
$466,067
$466.1K
Market Conditions
NOI Build-Up for 2,244 SF
Gross rent
$64.1K $28.56/SF
− Vacancy
−$4.2K −$1.86/SF
EGI
$59.9K $26.70/SF
− OpEx
−$18.0K −$8.01/SF
NOI
$41.9K $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%
$838,920
Cap Rate 7%
$599,229
Cap Rate 9%
$466,067
Alternative Uses
Best Use
Multifamily LT 5
$599.2K
$524.3K – $699.1K
NOI $41,946 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$558.1K
$488.3K – $651.1K
NOI $39,064 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$677.0K
$592.4K – $789.9K
NOI $47,393 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
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Business Placement
Demographics for 80503, CO
35,863
Population
15,508
Households
2.3
Avg Household Size
44
Median Age
60%
College-Educated
97%
High-School Grad
91.7 sq mi
ZIP Area
391
Density / Sq Mi
$118,465
Median Household Income
$55,417
Median Earnings
$1,843
Median Rent
$704,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Longmont, CO
Properties on Market for Duplexes in Longmont
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer in-unit laundry, fenced outdoor space, and flexible upper-level areas.
Where is this duplex located?
The property is located at 3742 Findlay Ln Longmont, CO.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: 2,244‑square‑foot duplex with two residences; Each unit has a main‑floor primary suite, second bedroom, additional bathroom, and adaptable upper‑level space; Separate one‑car garage and in‑unit laundry for each residence
