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Back 1337 Merl Place
Off Market

1337 Merl Place

Longmont CO 80501

8
4878 sq. ft.
13419 sq. ft.
Duplex
Last sold for $710,000
Brian SundbergBrian Sundberg, last sold this property on 26 February 2026 after 26 days on market.

Overview

This is the investment property that you've been waiting for. With nearly $60,000/year in rental income, this property, even after calculating in the property management expense of 8%, yields a capitalization rate of nearly 7! Located in a quiet culdesac, backing to Carr Park and just steps from Northridge Elementary, this a highly desirable location for renters with historically low vacancy rates. Tenants are stable and prefer to stay but all leases expire on 5/31 allowing reasonable flexibility for the new owner. All 3 units are identical with 3 BRs upstairs and one full BA with the primary BR having access to a private, west facing balcony. The main levels offers a generously sized living room, dining room, kitchen and half bath. The bonus potential upside in these units is the unfinished basement which allows for future expansion of number of bedrooms and rental income. And with massive parking lots, there are plenty of spaces for all of the tenants without parking issues. A new roof, newer windows and newer LVP floors in two of the three units allow the property to be in overall good shape but the price allows for any improvements that the next owner may want to make. Property is priced to sell in as-is condition and will be marketed with 2 open houses- the only opportunity for showings, Saturday 1/31/26 from 11-2 and Wed 2/4/26 from 11:30-2:30. There are currently multiple offers on this property. All offers will be due by 5 pm on 2/5/26 with a response deadline of 5 pm on 2/6/26.

Features

8 carspaces
4878 sq. ft. floor area
13419 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Longmont over the last 12 months, the estimated median property value of 1337 Merl Place is $527.79k.

Median value
$527.79k
Estimated value range
$325k - $710k
Median days on market
98
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Longmont. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1337 Merl Place

2026
Sold
$710,000
26 Feb 2026 by Brian Sundberg, of Compass - Boulder

Happy sellers in Longmont

93%
93% of sellers in Longmont reported that their sale price either exceeded or met their price expectations.

Longmont stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Longmont over the last 12 months.

Local market activity for duplexes in Longmont

In the last 12 months, 19 duplexes similar to 1337 Merl Place, have been sold.

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