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$1,800,000
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Property Description
1405 Coffman Street presents a rare opportunity to own unique multi-family space located in central Longmont. The property features 12 two-bedroom, 1.5-bathroom units, each with a spacious patio, dedicated yard area, and storage unit, alongside a shared laundry facility. Located just a block off Main Street, 1405 Coffman offers investors a well-maintained multifamily asset in one of Boulder County's most livable and rapidly growing communities. The property benefits from its walkable setting near restaurants and local shops, while convenient access to Boulder and Denver expands its regional appeal. Long-term ownership has taken pride in maintaining the property, resulting in a clean, well-kept asset with stable occupancy. At the same time, current rents are below market, creating a clear opportunity for a new owner to implement strategic upgrades and reposition the units over time. As leases turn, interior improvements can support higher rental rates, offering meaningful upside while maintaining in-place cashflow. Each unit's private outdoor space and two dedicated parking spots set the property apart from many competing apartment options, providing added value to tenants and supporting long-term demand. Combined with its central location, functional layout, and consistent maintenance history, 1405 Coffman Street offers a compelling blend of stability and value-add potential in a market that continues to see strong growth and investment activity.
Full Property Details
Full Property Details for 1405 Coffman St
General
- Sold For: $1,800,000
- Taxes: $12,864 (2025)
- Status: Closed
- Type: Multi-Family
- Source: IRES
- MLS ID: 1062897
- Added to Site: 103 day(s) ago
Interior
- Appliances: No Units Furnished, Electric Range, Dishwasher, Refrigerator
Exterior
- Porch/Patio/Deck: Patio, Enclosed
Parking
- Total Spaces: 24
Location
- Area: Longmont
- County: Boulder
- Subdivision: Mountain View
School Information
- School District: ST Vrain Dist RE 1J
- Elementary School: Mountain View
- Middle School: Longs Peak
- High School: Longmont
Community
- Assoc. Fees Include: Exterior Maintenance
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Water: Public
- Utility Description: Natural Gas Available, Electricity Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Roof: Flat
- Square Feet: 10,266
- Sq. Ft. Source: Assessor
- Year Built: 1961
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,379
- Fence: Yes
- Zoning: MU-C
- Fencing (Description): Wood
Financial Considerations
- Operating Expenses: $48,304.37
- Tax Amount: $12,864
- Tax Year: 2025
- Tenant Pays: Deposit, Gas, Electricity
Disclosures and Reports
- Special Conditions: Private Owner
- Property ID: R0068391
Listed by Summit Commercial Brokers (303) 717-8038
Sold by Non-IRES (303) 775-7538
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Schools
Schools serving 1405 Coffman St
School District:St. Vrain Valley School District Re 1j
| Name | Grades | Distance |
|---|---|---|
Mountain View Elementary School, Longmont, CO 1415 14th Avenue, Longmont, CO 80501 | PK-5 | 0.6 mi |
Longs Peak Middle School 1500 14th Avenue, Longmont, CO 80501 | 6-8 | 0.7 mi |
Longmont High School 1040 Sunset Street, Longmont, CO 80501 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1405 Coffman St
Date
Details
Price
Change
Source
10/05/2026
Sold
$1,800,000
-20%
MLS
6/26/2026
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1405 Coffman St, Longmont, CO 80501 (MLS# 1062897) is a Multi-Family property that was sold at $1,800,000 on October 05, 2026. Want to learn more about 1405 Coffman St? Do you have questions about finding other Multi-Family real estate for sale in Longmont? You can browse all Longmont real estate or contact a Coldwell Banker agent to request more information.

