Property

Longmont, CO 80501 322 21st Avenue

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Presented By: MMGREA LLC;
  • REColorado (MTOMLS) - 6 - CO
  • MLS# 5174403
  • 04/11/2025
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Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 3,689
  • Garage • 4

Home Details

322 21st Avenue presents a rare opportunity to acquire a fully upgraded, low-maintenance fourplex with strong fundamentals and immediate income stability with growth potential. Each of the four units is a spacious 2-bedroom, 1-bath layout, thoughtfully renovated with quality finishes throughout. Every unit enjoys the added value of a private garage—two of which are directly attached, creating a more single-family home experience for tenants. Notably, all major systems are in excellent condition with no anticipated capital expenditures, allowing a buyer to step into a truly turnkey investment. Most recent update being the complete stairs and walkways completed. Whether you're looking to grow your portfolio or secure a stable asset in a strong rental market, 322 21st Ave checks all the boxes.
Presented By: MMGREA LLC;

Interior Features for 322 21st Avenue

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area3689
Basement (Y/N)No
Common Walls1 Common Wall

General for 322 21st Avenue

Attached Garage Yes
Cap Rate6.03
Carport Spaces
CityLongmont
Construction MaterialsFrame
CoolingNone
CountyBoulder
Elementary SchoolCentral
Elementary School DistrictSt. Vrain Valley RE-1J
ExclusionsTenant Personal Property.
Garage Spaces4
Gross Income77162
HOANo
HeatingBaseboard
High SchoolLyons
High School DistrictSt. Vrain Valley RE-1J
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional
Middle/Junior High SchoolSoaring Heights
Middle/Junior School DistrictSt. Vrain Valley RE-1J
Operating Expense24381
OwnershipIndividual
PossessionClosing/DOD
Property SubtypeQuadruplex
Property TypeResidential Income
RoofUnknown
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameWESTERN MEADOWS
Tax Annual Amount6078
Tax Year2024
Year Built1978

Exterior for 322 21st Avenue

Building Area Total3689
Total Parking9

Additional Details

Price History

Schools

Elementary School Central Elementary School
Middle School Soaring Heights Middle School
High School Lyons High School

Amy Darcy

Realtor
Price $875,000
MLS#5174403
List Date 04/11/2025
Property Type Multi-Family
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