Two-Unit Side-by-Side
460-462 Lashley Street, Longmont, CO 80504
For Sale
$439,900
Both residences are occupied, with tenant leases extending through July 2027.
Property Size1,750 SF
Price / SF$251.37
Days on Market60
Property Features for 460-462 Lashley Street
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Asking Price
Public Transit
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Private Yard
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Thrive Real Estate Group
(720) 457-4400
Listed By:
Steven Gravlin · License #100076140
(720) 201-0266
Source:
Goodneighborliving
Added: Sep 11
Changed: Nov 8
Last Checked: Nov 8 at 4:03PM
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 Thrive Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1973 duplex contains 1,750 square feet across two side-by-side residences. Each unit measures 875 square feet and includes two bedrooms and one bathroom. Both sides are tenant occupied, with leases in place through July 2027, providing an existing rental arrangement. The separate-unit configuration also allows an owner to reside in one residence while renting the other.
At 460–462 Lashley Street in Longmont, the property is near Kensington Park, shopping, schools, and public transportation. Central Longmont is also identified as nearby, and the setting is residential.
At 460–462 Lashley Street in Longmont, the property is near Kensington Park, shopping, schools, and public transportation. Central Longmont is also identified as nearby, and the setting is residential.
Key Highlights
- Two occupied units with leases running through July 2027
- 1,750 square feet total; each residence has 875 square feet
- Each side includes 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,141
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,820
$402.8K
Cap Rate 7%
$287,729
$287.7K
Cap Rate 9%
$223,789
$223.8K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$30.4K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$28.8K $16.44/SF
− OpEx
−$8.6K −$4.93/SF
NOI
$20.1K $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 Rate 5%
$402,820
Cap Rate 7%
$287,729
Cap Rate 9%
$223,789
Alternative Uses
Best Use
Multifamily LT 5
$287.7K
$251.8K – $335.7K
NOI $20,141 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$264.2K
$231.2K – $308.3K
NOI $18,496 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office B
$318.9K
$279.1K – $372.1K
NOI $22,326 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Explore this area
Business Placement
Demographics for 80504, CO
60,183
Population
23,359
Households
2.6
Avg Household Size
38
Median Age
43%
College-Educated
93%
High-School Grad
94.6 sq mi
ZIP Area
636
Density / Sq Mi
$109,671
Median Household Income
$54,317
Median Earnings
$1,895
Median Rent
$556,500
Median Home Value
Market
Average Price Trend$/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 are occupied, with tenant leases extending through July 2027.
Where is this duplex located?
The property is located at 460-462 Lashley Street Longmont, CO.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Two occupied units with leases running through July 2027; 1,750 square feet total; each residence has 875 square feet; Each side includes 2 bedrooms and 1 bathroom
