$525,000
UNDER CONTRACT $60K PRICE DROP

105 49th St SW Loveland, CO 80537

Estimated payment $3,214/month

Total Views 6,097
6 Beds
2 Baths
1,936 Sq Ft
$271 Price per Sq Ft

Highlights

  • No HOA
  • Patio
  • Fenced
  • Carrie Martin Elementary School Rated 9+
  • Forced Air Heating System
  • 1-Story Property

About This Home

Incredible multi-family investment opportunity in Loveland, Colorado! This charming property features a 1,925 square foot building with 2, three bedroom/one bathroom units, with attached garages. Landlord pays water/sewer and Tenants pay all other utilities. This property is ideal for any prospective Multifamily/Low- Rise investor. Built in 1964 and zoned Rural Residential (RR2) per Larimer County, this property offers great potential for future income generation. Situated between Loveland and Berthoud, this location provides a desirable locale for a variety of tenants. Don't miss the chance to add this promising asset to your portfolio! Unit 105 expires July 1, 2025 and Unit 107 is month to month.

Listing Agent

Keith Kanemoto

RE/MAX Elevate

Co-Listing Agent

Gary Maggi

RE/MAX Town and Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,473

Year Built

  • Built in 1964

Lot Details

  • 0.36 Acre Lot
  • Fenced

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Carrie Martin Elementary School
  • Bill Reed Middle School
  • Thompson Valley High School

Additional Features

  • Patio
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R0497347

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Midway Acres Subdivision

Building Details

  • Gross Income $42,000
  • Net Operating Income $32,516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,473

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.36
  • Co List Office Mls Id: 8RMTC
  • Subdivision Name: Midway Acres
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: 4224
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Disposal
  • Has Basement: None
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • 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: Carrie Martin
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: RR2
  • Lot Size Sq Ft: 15708
  • Parcel #: R0497347
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3473

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 42000
  • Annual Operating Expense: 9484

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,333 $31,570 $6,834 $24,736
2024 $2,333 $31,570 $6,834 $24,736
2022 $1,966 $22,794 $6,256 $16,538
2021 $2,065 $23,967 $6,578 $17,389
2020 $1,890 $21,922 $6,578 $15,344
2019 $1,862 $21,922 $6,578 $15,344
2018 $1,684 $18,929 $3,096 $15,833
2017 $1,467 $18,929 $3,096 $15,833
2016 $1,347 $16,844 $3,423 $13,421
2015 $1,338 $16,840 $3,420 $13,420
2014 -- $13,770 $3,420 $10,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Price Changed $525,000 -10.3% $271 / Sq Ft
08/26/2024 08/26/24 For Sale $585,000 +137.8% $302 / Sq Ft
01/28/2019 01/28/19 Off Market $246,000 -- --
06/01/2015 06/01/15 Sold $246,000 +10.3% $127 / Sq Ft
05/14/2015 05/14/15 For Sale $223,000 -- $115 / Sq Ft
Source: IRES MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed -- None Available
Warranty Deed $246,000 Tggt
Warranty Deed $246,000 Tggt
Warranty Deed $198,000 Security Title
Warranty Deed $75,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Unknown
Previous Owner $88,000 Unknown
Previous Owner $18,000 Credit Line Revolving
Source: Public Records

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Source: IRES MLS

MLS Number: 1017292

IRES MLS

APN: 94024-05-002