1 of 40

Want to see this property?

1502 E 5th St

Loveland, CO 80537

8 beds
4 baths
– sqft
10,763 sqft lot
1996 build
– on site

Fantastic 4-plex built in 1996 is an investment opportunity you don't want to pass on! As you know, a newer built 4 plex that has been WONDERFULLY maintained is very hard to find in Loveland. Excellent CAP rate for a property of this condition and low maintenance costs. All 4 units feature 2bed/1ba and include 2 off-street parking spaces. NEW roof 2020, all exterior windows (front and back) have been replaced, between 2017-2018 replaced bath/shower units and sliding bath doors, carpet in bedrooms, synthetic hardwood floors, kitchen appliances (dishwasher, sink, garbage disposals, range, and refrigerator. Brand new water heaters in two units, the other two replaced in 2017/2018. Asphalt drive/parking done in 2023. All electric units (no gas), separately metered - tenants pay. Garbage/Water/Sewer - owner currently pays. Cable TV/internet - tenants pay. Each unit has an 4' x 10' enclosed, locked storage area off each units back deck/patio. Currently there is no PM fee, owner self manages and pride of ownership is evident. All units have washer and dryer hookups, but 1504 and 1508 have washer and dryer units owned by seller so will convey.

Listing courtesy of IRES

Last checked: Checking… • Last updated Apr 4, 2025 •

MLS# 1029968 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1996
New Construction:

false
Construction Materials:

Wood/Frame
Total SqFt:

3456
Roof:

Composition
Entry Location:

Outside Entry
Levels:

Two
Stories:

2
# of Units Total:

4
Basement:

None
Direction Faces:

North
Window Features:

Window Coverings
Patio And Porch Features:

Patio
Accessibility Features:

Level Lot

Interior

Interior Features:

Satellite Avail
Fireplace:

false
Fireplace Features:

None
Laundry Features:

Washer/Dryer Hookups

Room Dimensions

Living Area Units:

Square Feet
Living Area Source:

Other

Financial & Terms

Listing Terms:

Cash
Tenant Pays:

Deposit

Location

Directions:

From Hwy 34, South on N Boise Ave, West on E 5th St to Property
Coordinates:

-105.055386, 40.396401
Latitude:

40.396401
Longitude:

-105.055386

The Property

Property Type:

Residential Income
Property Subtype:

Attached Dwelling
Parcel Number:

R0343315
Lot Features:

Curbs
Lot Size Acres:

0.25
Lot Size SqFt:

10763
Lot Size Area:

10763
Lot Size Units:

Square Feet
Zoning:

R3E
Possible Use:

Multi-Family
Exclusions:

Tenant's personal property. Washer and Dryer units in 1502 and 1506
Horse:

false
Fencing:

Partial
Other Structures:

Storage
Water Source:

City Water, City of Lvld
Waterfront:

false
Property Attached:

true
Road Frontage Type:

City Street
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

3877

Beds

Bedrooms Total:

8

Baths

Total Baths:

4

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Baseboard
Heating:

true

Utilities

Utilities:

Electricity Available
Electric:

Electric, Separate Meter Electricity, City of Lvld
Sewer:

City Sewer

Appliances

Appliances:

Electric Range/Oven

Schools

Elementary School:

Winona
Middle Or Junior School:

Bill Reed
High School:

Mountain View
High School District:

Thompson R2-J

The Community

Subdivision Name:

Water Addition
Association:

false
Spa:

false
Senior Community:

false

Parking

Other Parking:

Parking Per Unit(2 Spaces/Unit)

Extra Units

Bedrooms Unit 1:

2
Total Baths Unit 1:

1
Bedrooms Unit 2:

2
Total Baths Unit 2:

1
Bedrooms Unit 3:

2
Total Baths Unit 3:

1
Bedrooms Unit 4:

2
Total Baths Unit 4:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/3/25 Apr 3, 2025	Listed / Active	IRES	$889,000

Want a closer look?

Go see 1502 E 5th St

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Loveland, CO

Similar sold homes

This multifamily located in East Central Loveland, Loveland, CO 80537 is currently for sale for $889,000. 1502 E 5th St is a – square foot multifamily with 8 beds and 4 baths that has been on Estately for 12 days. 1502 E 5th St is in the East Central Loveland neighborhood of Loveland and has a WalkScore® of 40, making it car-dependent. This multifamily is in the attendance area of Mountain View High School, Conrad Ball Middle School, and Winona Elementary School.

Listing Courtesy of: IRES

TERMS OF USE: 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