Exciting investment opportunity in highly sought after Boulder County! Situated in northwest Longmont, this property consists of an approximately 6,804 square foot building with 12 units, ideal for any Multifamily/Low-Rise investor. This two story brick gem was built in 1969 and is zoned R-MF Residential Multi-Family per the City of Longmont. Each one bedroom/one bathroom unit is approximately 600 square feet and there is one assigned parking space per unit. Each unit is serviced by its own hot water heater and there is a common boiler to provide heat for the entire building. Air conditioning is through window air conditioners, owned by the individual tenants. Landlord pays gas and water, and Tenants are responsible for electricity, and any telecommunication/data or television services. A couple units have been completely renovated, while others present a value add opportunity. With its desirable location, just blocks away from McIntosh Lake and many other amenities, this property presents an enticing prospect for those seeking a lucrative investment in the ever-growing real estate market.
Exciting investment opportunity in highly sought after Boulder County! Situated in northwest Longmont, this property consists of an approximately 6,804 square foot building with 12 units, ideal for any Multifamily/Low-Rise investor. This two story brick gem was built in 1969 and is zoned R-MF Residential Multi-Family per the City of Longmont. Each one bedroom/one bathroom unit is approximately 600 square feet and there is one assigned parking space per unit. Each unit is serviced by its own hot water heater and there is a common boiler to provide heat for the entire building. Air conditioning is through window air conditioners, owned by the individual tenants. Landlord pays gas and water, and Tenants are responsible for electricity, and any telecommunication/data or television services. A couple units have been completely renovated, while others present a value add opportunity. With its desirable location, just blocks away from McIntosh Lake and many other amenities, this property presents an enticing prospect for those seeking a lucrative investment in the ever-growing real estate market.
TURBOTENANT #2
Sep 5, 2024
Rental Removed
$1,200
$0/sq ft
Aug 29, 2024
Listed for Rent
$1,200
$0/sq ft
Feb 5, 2024
Rental Removed
$975
$0/sq ft
Jan 28, 2024
Listed for Rent
$975
$0/sq ft
RENT. #1
Feb 3, 2022
Price Changed
$900
$0/sq ft
Public Records
Jul 3, 2006
Sold
$650,000
$96/sq ft
Public Records
Oct 11, 1979
Sold
$255,000
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,498 (−9.7%)
$15,031 + $84,969
$100,000
2024
$11,629 (+1.4%)
$15,031 + $84,969
$100,000
2023
$11,470 (+3.3%)
$14,144 + $107,428
$121,572
2022
$11,103 (−3.4%)
$17,829 + $107,428
$125,257
2021
$11,495 (+77.0%)
$14,008 + $98,192
$112,200
2020
$6,495 (+1.6%)
$14,729 + $103,246
$117,975
2019
$6,392 (+6.9%)
$14,729 + $52,131
$66,860
2018
$5,977 (+1.4%)
$14,729 + $52,131
$66,860
2017
$5,896 (−0.6%)
$13,176 + $49,752
$62,928
2016
$5,930 (+4.9%)
$13,176 + $49,752
$62,928
2015
$5,651 (+2.7%)
$12,736 + $49,304
$62,040
2014
$5,500 (−0.4%)
$21,572 + $37,523
$59,095
2013
$5,520 (+7.7%)
$21,572 + $37,523
$59,095
2012
$5,125 (+6.8%)
$21,572 + $37,523
$59,095
2011
$4,800 (+3.9%)
$23,880 + $31,378
$55,258
2010
$4,619 (+1.8%)
$23,880 + $31,378
$55,258
2009
$4,536
$23,880 + $29,770
$53,650
Tax history for 45 Denver Way
Year
Property tax
Land + Additions
Assessment*
2025
$10,498 (−9.7%)
$15,031 + $84,969
$100,000
2024
$11,629 (+1.4%)
$15,031 + $84,969
$100,000
2023
$11,470 (+3.3%)
$14,144 + $107,428
$121,572
2022
$11,103 (−3.4%)
$17,829 + $107,428
$125,257
2021
$11,495 (+77.0%)
$14,008 + $98,192
$112,200
2020
$6,495 (+1.6%)
$14,729 + $103,246
$117,975
2019
$6,392 (+6.9%)
$14,729 + $52,131
$66,860
2018
$5,977 (+1.4%)
$14,729 + $52,131
$66,860
2017
$5,896 (−0.6%)
$13,176 + $49,752
$62,928
2016
$5,930 (+4.9%)
$13,176 + $49,752
$62,928
2015
$5,651 (+2.7%)
$12,736 + $49,304
$62,040
2014
$5,500 (−0.4%)
$21,572 + $37,523
$59,095
2013
$5,520 (+7.7%)
$21,572 + $37,523
$59,095
2012
$5,125 (+6.8%)
$21,572 + $37,523
$59,095
2011
$4,800 (+3.9%)
$23,880 + $31,378
$55,258
2010
$4,619 (+1.8%)
$23,880 + $31,378
$55,258
2009
$4,536
$23,880 + $29,770
$53,650
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
12
Baths
12
Stories
—
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
1969
Sq. Ft.
6,804
Year built
1969
Style
Multi-Family (5+ Unit)
County
Boulder County
APN
R0049816
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R-MF
Residential Multifamily District
The purpose of the R-MF district is to establish and preserve residential districts that are appropriate for multifamily housing and group living facilities. The R-MF district is intended to be conveniently located near collector and arterial streets, with easy access to major employment and activity centers, and public amenities or complementary uses and activities such as schools, parks, open space, and public transit. The R-MF district is primarily intended for residential uses but may also include limited nonresidential uses that support the surrounding area pursuant to table 15.04.020.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Multiple units
Housing-Student
Infrastructure
Public service
Communications tower
Park & open space
Jun 29, 2023 • Final
Combo permit - multifamily
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Interior Features
Furnished: Unfurnished
Multi-Family Information
Net Operating Income: $110,329
Operating Expense: $40,871
Tenant Pays: Electricity
Exterior
Building Information
Building Area Total: 6,804
Building Area Source: Assessor
Construction Materials: Brick
Exterior Features
Roof: Composition
Property Information
Property Type: Residential
Property Unattached
Levels: Bi-Level
Possible Use: Multi-Family
Ownership: Individual
Lot Information
Lot Size Square Feet: 13,080
Lot Size Acres: 0.3
Water Source: Public
Zoning: R-MF
Financial
Tax Information
Tax Annual Amount: $11,102
Tax Year: 2023
Parcel Number: R0049816
Utilities
Utility Information
Utilities: Electricity Available, Natural Gas Available
Sewer: Public Sewer
Heating & Cooling
Heating: Forced Air
Location
School Information
Elementary School: Northridge
Elementary School District: St. Vrain Valley RE-1J
Middle Or Junior School: Longs Peak
High School: Longmont
High School District: St. Vrain Valley RE-1J
Public facts
Beds: 12
Baths: 12.0
Sq. Ft.: 6,804
Stories: —
Lot Size: 0.3 acres
Style: Multi-Family (5+ Unit)
Year Built: 1969
Year Renovated: 1969
County: Boulder County
APN: R0049816
Home facts updated by county records on Sep 2, 2026
Around this home
Schools
Longmont Estates Elementary School
Public PreK-5 • Assigned • 0.4mi
7/10
Westview Middle School
Public 6-8 • Assigned • 0.9mi
7/10
Silver Creek High School
Public 9-12 • Assigned • 2.9mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
A vibrant northern Colorado community known for its scenic mountain views, extensive parks and trails, greenways, and a mix of established neighborhoods and newer housing options.