LKV Realty
Logo
$530,000
$2,900Reward *
938 Kelly Place, Longmont, CO 80501Listing ID IR1058785

938 Kelly Place, Longmont, CO 80501

Contingent
Horizon Pkwy
Time on site: 101 daysLast updated: Jul 17, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Square Feet
Square Feet
2,080
Acres
Acres
0.22
Days on Site
Days on Site
95
Cooling
Cooling
Ceiling Fan(s), Central Air
Heating
Heating
Forced Air
Year Built
Year Built
1977

Some investment listings make you do the math. This one makes the math obvious. Two units, two garages, two private backyards (with sprinklers!), and 21 years of rental history with a combined 11 weeks of vacancy - read that again. Projected rents land between $3,600 and $3,700 a month combined, putting this at a 6.7% cap rate at list. For investors, that's already worth a call. For house-hackers, it's better: live in one side, let the other side's $1,850 cover most of your mortgage, and build equity on someone else's rent check. Both tenants vacate by August 1 - the new owner walks into a clean slate to re-lease at market, move in, or both. The 938 side has newer floors, windows, a Nest thermostat, AC, and a new water heater. The 940 side has new can lights, switches, and a 2020 water heater. A rare find with versatility, value, and strong upside in a desirable location!

Property Information

Property Details

Location

Address
938 Kelly Place
County
Boulder
City
Longmont
Zip Code
80501
Subdivision
Horizon Pkwy
School District
St. Vrain Valley RE-1J
High School
Longmont
Elementary School
Northridge

Interior Features

Other Rooms

Laundry Features
In Unit

Building

Building Information

Square Feet
2,080
Year Built
1977
Construction
Brick
Roof
Composition

Property Taxes

Tax Annual Amount
$3,607
Tax Year
2025
RE/MAX of Boulder, Inc, (303) 449-7000

Market Report for 80501

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: REColorado
REColorado logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 03:21 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

RECIRP02675