#IR1031912, Mary Catherine Wynne, Listing Office: Mary Catherine Wynne

109 W Simpson St Lafayette, CO 80026
Property details
About 109 W Simpson St
Charming Lafayette Home with Strong Rental Income! Located just steps from East Simpson Coffee, Teocalli, and Ghost Box Pizza, this unique property offers flexible living options with separate spaces for rental income, multi-generational living, or your very own private guest suite. Featuring 3 bedrooms, 2 bathrooms, and 2 kitchens (with private entrances), this home features the best mixture of historic charm and modern updates. Unit A showcases beautifully maintained original hardwood floors, picture moulding trim, new stainless steel appliances, plus a brand-new back door (2025) and a transferable warranty. The original foundation has been professionally lifted & stabilized (2022) so you can rest easy as you enjoy your front yard, which turns into a stunning flower garden every spring. Unit B underwent a full renovation in June 2024, featuring new paint, lighting, renter-friendly LVP flooring, carpet, countertops, stainless steel appliances, custom shelving, and updated bathroom elements. The landscaping was also refreshed, and the entry door was painted in May 2024. The detached garage provides plentiful storage or workshop space, and the brand-new central AC ensures year-round comfort. RENTAL INCOME: Unit B boasts a steady long-term rental history of $1,400/month, but it’s also proving to be a strong Airbnb performer, with earnings of $17,800 in just seven months. Rent out both units, or house hack by living in one unit while renting out the other! Either way, this property offers an incredible income opportunity and a strong cap rate. Looking for a turnkey approach? The furniture in Unit B is also negotiable for a ready-now, fully-furnished rental. Don’t miss this unparalleled opportunity in Lafayette’s thriving market!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dryer, Oven, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Wood
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Architectural Style: Traditional
- Heating: Forced Air
- Cooling: Central Air
- List Price: $750,000
- Price/SqFt: $400
- Annual Tax Amount: $2,851
- Tax Year: 2023
- Year Built: 1920
- Living Area: 1,872 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 1706523
- MLS Name: RECOLORADO
- Office Name: West and Main Homes Inc
- Office Phone: (303) 935-8787
- Listing Agent: Jessica MacMillan
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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$750,000
109 W Simpson St
$8,906
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 08, 2022 | Home Sold | $675,000 |
Dec 23, 2005 | Home Sold | $237,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $36,428 | $2,851 |
2022 | $24,812 | $2,330 |
2021 | $25,525 | $2,305 |
2020 | $24,503 | $2,239 |
2019 | $24,674 | $1,925 |
2018 | $21,096 | $1,875 |
2017 | $21,096 | $1,779 |
History based on county public records data.
Nearby schools
6
Pioneer Bilingual Elementary School
Public District PK-5
0.2 mi
•101 E Baseline Rd
7
Lafayette Elementary School
Public District PK-5
0.2 mi
•101 N Bermont Ave
5
Alicia Sanchez International Elementary School
Public District PK-5
0.7 mi
•655 Sir Galahad Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,774. Residents of Lafayette, CO typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 109 W Simpson St
The listing price of 109 W Simpson St property is $750,000.
The property 109 W Simpson St is a house located in Lafayette, Colorado, 80026.
Active Listing: 109 W Simpson St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 109 W Simpson St are: Pioneer Bilingual Elementary School (GreatSchools Rating 6/10), Lafayette Elementary School (GreatSchools Rating 7/10), Alicia Sanchez International Elementary School (GreatSchools Rating 5/10), Angevine Middle School (GreatSchools Rating 3/10), Louisville Middle School (GreatSchools Rating 8/10), Meadowlark School (GreatSchools Rating 7/10), Peak to Peak Charter School (GreatSchools Rating 8/10), Justice High Charter School (GreatSchools Rating 2/10), Centaurus High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $2,851 (source: MLS/based on county public records data).
The last sale was on June 8, 2022 for $675,000 (source: MLS/tax record).
The property at 109 W Simpson St has 3 bedrooms and 1 full and 1 half bathrooms.
The property 109 W Simpson St is 1,872 SqFt (source: MLS/tax record).
The year of construction for 109 W Simpson St is 1920.
This home is located at 109 W Simpson St in Lafayette, CO and zip code 80026 in the Old Town Lafayette neighborhood. This 1,872 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $750,000.
Lafayette, CO housing market in April 2025 saw over 10 listings sold above listed price, more than 12 sold at listed price and over 25 sold below. The number of listings in Lafayette, CO increased by 22.8% between March and April 2025. While the average time on the market in April 2025 was 49 days, the median list price was $701,566.