$539,000
$11K PRICE DROP

1150 E 5th St Loveland, CO 80537

Estimated payment $3,104/month

Total Views 1,461
5 Beds
2 Baths
2,080 Sq Ft
$259 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • 1-Story Property

About This Home

Well-maintained over/under duplex in a prime location near downtown Loveland, offering easy access to local restaurants, breweries, shopping, and year-round community events. Situated on 5th Street, enjoy quick connectivity across town while being just minutes from the charm and energy of the historic downtown district. This property is just blocks away from the Civic Center trail and Sunnyside Park, perfect for outdoor enthusiasts and guests looking to enjoy the local scenery. Zoning allows for short-term rentals (STR), making this an incredible opportunity to capitalize on Loveland's travel market or create a high-yield vacation rental portfolio. The property currently generates $3,300/month in total rent: the upper unit features 2 bedrooms and 1 bath (rented at $1,700/mo), while the lower unit offers 3 bedrooms and 1 bath (rented at $1,600/mo)-providing immediate cash flow and flexible long-term or short-term rental opportunities. Recent updates include newer interior and exterior paint, with all kitchen appliances and water heaters replaced in 2021. Additional highlights include shared washer/dryer hookups, a spacious yard with a fire pit and storage shed, and four paved off-street parking spaces-a premium feature for both residents and short-term guests. This is an excellent opportunity for investors or owner-occupants to live in one unit while generating significant income from the other in one of Loveland's most convenient and desirable locations.

Listing Agent

Kyle Basnar

Group Mulberry Brokerage Phone: 9704815689 Listed on: 05/11/2026

Group Mulberry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Schools

  • Winona Elementary School
  • Bill Reed Middle School
  • Mountain View High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R1681668

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Wilson Subdivision

Building Details

  • Gross Income $39,600
  • Net Operating Income $34,622

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,338

Year Built

Built in 1948

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1948
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Wilson
  • Unit Levels: One
  • New Construction: No
  • Attribution Contact: 9704815689
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Appliances: Electric Range, Refrigerator, Washer, Dryer
  • Has Basement: Full, Partially Finished, Daylight
  • Total Bedrooms: 5

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Curbs, Gutters, Sidewalks, Street Light
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint
  • Construction Type: Frame

Utilities

  • Electric: City of LV
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Winona
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: Res
  • Land Lease Amount Frequency: Other--See Remarks
  • Parcel #: R1681668
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2338

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39600

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $791 $27,338 $2,688 $24,650
2024 $3,349 $13,601 $2,881 $10,720
2022 $3,189 $40,072 $5,848 $34,224
2021 $3,349 $42,135 $6,149 $35,986
2020 $2,385 $30,001 $6,149 $23,852
2019 $2,345 $30,001 $6,149 $23,852
2018 $2,459 $29,880 $6,192 $23,688
2017 $2,118 $29,880 $6,192 $23,688
2016 $2,335 $31,840 $5,174 $26,666
2015 $2,316 $31,840 $5,170 $26,670
2014 $2,095 $27,860 $5,170 $22,690
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2026 06/02/26 Price Changed $539,000 -2.0% $259 / Sq Ft
05/11/2026 05/11/26 For Sale $550,000 +10.0% $264 / Sq Ft
04/01/2024 04/01/24 Sold $500,000 0.0% $236 / Sq Ft View Prior Sale
03/02/2024 03/02/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $500,000 -- $236 / Sq Ft
Source: IRES MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $500,000 None Listed On Document
Warranty Deed $496,000 First American Title
Quit Claim Deed -- --
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- --
Warranty Deed $93,800 --
Warranty Deed $63,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Previous Owner $493,799 VA
Previous Owner $92,000 No Value Available
Source: Public Records

Source: IRES MLS

MLS Number: IRE1058773

IRES MLS

APN: 95134-26-002

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