$700,000
UNDER CONTRACT $25K PRICE DROP

200 S Carr Ave Lafayette, CO 80026

Estimated payment $3,939/month

Total Views 2,504
6 Beds
4 Baths
2,912 Sq Ft
$240 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Double Pane Windows
  • Lafayette Elementary School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Romero Park

About This Home

Positioned on the edge of sought-after Old Town Lafayette, this spacious duplex presents an exceptional investment opportunity with proven performance and future upside. Offering six bedrooms and four baths across two generous units, this property has maintained full occupancy for over five years and currently operates at a strong 7% cap rate. Each unit lives like a single-family home with three bedrooms, 1.5 baths, large kitchens and living rooms, in-unit laundry, private decks and yards, plus a one-car garage and ample parking. Residents enjoy privacy with no neighbors behind, while being just blocks from Old Town Lafayette, the library, rec center, Lafayette Elementary and bus lines. Walk score is an amazing 78!!! Recent updates include a new roof in 2020 and upgraded appliances in unit 200, while unit 202 features a cozy wood-burning fireplace. Professionally managed and tenant-paid utilities create ease of ownership. Baseline redevelopment will add a huge boost to desirability and value. Buy and hold for instant cash-flow and stability or remodel, condo convert and sell off individually for instant profit. Both units currently tenant occupied, 24 hour notice for showings.

Listing Agent

Rachel Weinberg

milehimodern - Boulder Listed on: 09/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,302

Year Built

  • Built in 1974

Lot Details

  • 7,673 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,912 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Lafayette Elementary School
  • Angevine Middle School
  • Centaurus High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0020821

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lafayette Villa West Subdivision

Building Details

  • Gross Income $54,888
  • Net Operating Income $49,268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,302

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Inclusions: Window Coverings,Electric Range/Oven,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer,Disposal,Smoke Alarm(s)
  • Year Built: 1974
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Lafayette Villa West
  • Directions: From S. Public in Old Town, head West on W. Emma Street. Turn right on S. Carr Avenue. Property is on the right side of the street
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2912
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Full, Partially Finished, Daylight
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Single Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen
  • Window Features: Window Coverings, Double Pane Windows

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Within City Limits
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Direction Faces: West
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Cooling: Wall/Window Unit(s)
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Lafayette
  • HighSchool: Centaurus
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Angevine

Lot Info

  • Zoning: RES
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 7673
  • Parcel #: R0020821
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3302

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 54888
  • Income Includes: ["Lease/Rents"]
  • Total Actual Rent: 4574

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 Price Changed $700,000 -3.4% $240 / Sq Ft
09/10/2025 09/10/25 For Sale $725,000 +22.9% $249 / Sq Ft
05/05/2020 05/05/20 Off Market $590,000 -- --
01/31/2020 01/31/20 Sold $590,000 -4.4% $203 / Sq Ft View Prior Sale
12/05/2019 12/05/19 For Sale $617,000 -- $212 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1043405

IRES MLS
Colorado Boulder County Lafayette 80026

200 S Carr Ave, Lafayette, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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Rachel Weinberg
Listing Agent
Rachel Weinberg
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milehimodern - Boulder
(720) 802-3611