Two-Unit Side-by-Side
For Sale
$439,900
460 Lashley St, Longmont, CO 80504
Each residence has two bedrooms and one bathroom, with leases in place through July 2027.
Property Size1,750 SF
Price / SF$251.37
Days on Market51
Property Features for 460 Lashley St
General Information
Standard status
Active
Size
1,750 SF
Property subtype
Duplex
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Asking Price
$475,000
Public Transit
Yes
Tenant in Place
Yes
Building Details
Year Built
1973
Buildings
1
Tenancy
Multi
Listing Agency:
NoCo Flex Real Estate
Listed By:
Ian Johnston
(970) 237-4749
Source:
Nocoflex
Added: Sep 11
Changed: Oct 30
Last Checked: Oct 30 at 3:37PM
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 NoCo Flex Real Estate
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Investment Insights
Based on property information with market context.
This 1,750-square-foot duplex, built in 1973, contains two separately occupied residences in a side-by-side arrangement. Each unit measures 875 square feet and includes two bedrooms and one bathroom. Both units are tenant occupied, with leases extending through July 2027.
The property is on Lashley Street in Longmont, near Kensington Park, shopping, schools, public transportation, and central Longmont. Its residential neighborhood setting provides access to those everyday destinations.
The property is on Lashley Street in Longmont, near Kensington Park, shopping, schools, public transportation, and central Longmont. Its residential neighborhood setting provides access to those everyday destinations.
Key Highlights
- Two‑unit duplex with 1,750 total square feet
- Side‑by‑side layout with two separately occupied residences
- Each unit is 875 square feet with 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.
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Property Analytics
Who owns this building?
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Open 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, with leases in place through July 2027.
Where is this duplex located?
The property is located at 460 Lashley St 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‑unit duplex with 1,750 total square feet; Side‑by‑side layout with two separately occupied residences; Each unit is 875 square feet with 2 bedrooms and 1 bathroom
