$695,000
UNDER CONTRACT

2137 Dexter Dr Unit A, B, C, D Longmont, CO 80501

Lanyon Neighborhood

Estimated payment $4,315/month

Total Views 1,086
8 Beds
8 Baths
4,264 Sq Ft
$163 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Cooling Available
  • Contemporary Architecture
  • Brick Veneer
  • 1-minute walk to Rough & Ready Park

About This Home

Introducing a rare opportunity to own a quality 4-plex in Boulder County for under $700k. Each 1,045 square-foot unit has a desirable two-story townhouse-style layout with two large bedrooms and a full bath upstairs, plus a kitchen, dining room, living room, and half-bath downstairs. Currently 100% occupied with great, low-maintenance tenants. Very stable and consistent rental history, low vacancy rate, low turnover, super easy to rent. Completely turnkey, the property is in excellent condition with many capital improvements throughout. Professionally managed. No HOA. Many conveniences within a short distance and close to vibrant downtown Longmont. Don't miss this great opportunity for a rare, affordably-priced investment property!

Listing Agent

Dunbar Hardy

Porchlight RE Group-Boulder

Porchlight RE Group-Boulder

Co-Listing Agent

Steve King

Porchlight RE Group-Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Contemporary Architecture
  • Property Attached
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 4,264 Sq Ft Home
  • 2-Story Property
  • City Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Schools

  • Timberline Elementary School
  • Heritage Middle School
  • Skyline High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0049314

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Western Meadows 2 Subdivision

Building Details

  • Gross Income $65,820
  • Net Operating Income $45,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,232

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.3
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: PREGB
  • Subdivision Name: Western Meadows 2
  • Directions: From Downtown Longmont, go North on Main Street (287) for approximately 2 miles. Take a right onto 21st Ave. Go one block and take a left on Emery St. Take an immediate right onto Dexter Drive and park in the large pull out in front of the building.
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Special Features: 4224
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Has Basement: None
  • Total Bedrooms: 8
  • Interior Amenities: High Speed Internet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalks, Level
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Longmont
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Timberline
  • HighSchool: Skyline
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Heritage

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 13160
  • Parcel #: R0049314
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5232

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 65820
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 20664

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 For Sale $695,000 -- $163 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1029398

IRES MLS