$920,000
$10K PRICE DROP

2318 S Colorado Ave Loveland, CO 80537

Estimated payment $5,405/month

Total Views 1,581
8 Beds
8 Baths
4,000 Sq Ft
$230 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Forced Air Heating System
  • Level Lot
  • No HOA

About This Home

Price improvement on this 4-plex with a New Roof Installed in 2024! This well-maintained multi-unit property features two-story units, each offering 2 bedrooms and 1.5 bathrooms-perfect for tenants seeking comfortable and functional living space. No HOA. Each unit includes a spacious family room on the lower level and convenient in-unit washer and dryer hookups. Appliances provided in every unit include a refrigerator, microwave, electric range/oven, dishwasher, washer, and dryer. These units are consistently easy to rent, making this a solid investment opportunity. Full financials and detailed financial analysis available upon request. Located just minutes from downtown Loveland, with quick access to Highway 287 and I-25 for easy commuting. Tenant-occupied

Listing Agent

Richard Burlingame

Mountain State Realty Listed on: 06/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,411

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Contemporary Architecture
  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Schools

  • Kitchen Elementary School
  • Bill Reed Middle School
  • Thompson Valley High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for taxes
  • Assessor Parcel Number R0760587

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Rolling Knolls Estates Add Subdivision

Building Details

  • Gross Income $57,000
  • Net Operating Income $46,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,411

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Inclusions: Electric Range/Oven,Dishwasher,Refrigerator
  • Year Built: 1979
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.28
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Rolling Knolls Estates Add
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4000
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Lot Features: Sidewalks, Level
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Kitchen (Bf)
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: R3
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 11992
  • Parcel #: R0760587
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Taxes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4411

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 57000
  • Annual Operating Expense: 10420
  • Total Actual Rent: 1187

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2025 08/03/25 Price Changed $920,000 -1.1% $230 / Sq Ft
06/25/2025 06/25/25 For Sale $930,000 -- $233 / Sq Ft
Source: IRES MLS

Similar Homes in Loveland, CO

  • 920 N Douglas Ave, Loveland, CO 80537

    $800,000

    • 7 Beds
    • 4 Baths
    • 3,234 Sq Ft
    • 920 N Douglas Ave
    • Loveland, CO

    All 4 Tenants have renewed for 2025-2026! Seize the opportunity to invest in a prime real estate asset with this 4-unit apartment complex located in the vibrant heart of Loveland. This property features three 2-bed/1-bath units and one 1-bed/1-bath unit, each offering a strong rental history. Extensive improvements throughout the property include fresh paint, upgraded flooring, and modern kitchen

    Rob Kittle Kittle Real Estate

    Section Image
  • 643 W 10th St, Loveland, CO 80537

    $895,000

    • 6 Beds
    • 4 Baths
    • 3,607 Sq Ft
    • 643 W 10th St
    • Loveland, CO

    A unique chance to possess two duplexes situated on a single lot in the heart of downtown Loveland! All units have received recent upgrades, including new flooring and fresh paint. Ample shaded off-street parking is available, with Unit D offering carport parking. Each unit comes equipped with its own washer and dryer for added convenience. Unit C boasts a generous deck, while Unit D features a

    Brian Trainor C3 Real Estate Solutions, LLC

    Section Image
  • 1502 E 5th St, Loveland, CO 80537

    $849,000

    • 8 Beds
    • 4 Baths
    • 3,456 Sq Ft
    • 1502 E 5th St
    • Loveland, CO

    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

    Jesse Laner C3 Real Estate Solutions LLC

    Section Image
  • 1620 E 17th St, Loveland, CO 80538

    $869,000

    • 10 Beds
    • 7 Baths
    • 3,924 Sq Ft
    • 1620 E 17th St
    • Loveland, CO

    *Back on market due to no fault of the property! Previous contract had conditional sale issue*Investor Alert - 4-Plex w/ Garages, New Roof & Strong Unit Mix!Turnkey multifamily opportunity in a high-demand rental market! This clean, professionally managed 4-unit property includes two (one majority remodel) 2-bed/1.5-bath townhomes, one fully remodeled 3-bed/1-bath, and a majority 3-bed/1.75-bath

    Dionne Liggett Pro Property Management

    Section Image
  • 1428 W 25th St, Loveland, CO 80538

    $725,000

    • 6 Beds
    • 4 Baths
    • 3,320 Sq Ft
    • 1428 W 25th St
    • Loveland, CO

    Don't miss this rare opportunity - first time on the market in a prime location near Lake Loveland! This well-maintained duplex offers two spacious units, each featuring 3 bedrooms, 2 full bathrooms, an attached 2-car garage, and extra front parking. Located within walking distance to Lake Loveland, and close to shopping and schools, this property is perfect for investors or owner-occupants

    Debbie Hansen Group Centerra

    Section Image
  • 2503 N Taft Ave, Loveland, CO 80538

    $799,999

    • 6 Beds
    • 4 Baths
    • 3,280 Sq Ft
    • 2503 N Taft Ave
    • Loveland, CO

    Price Improvement on this GREAT Income Opportunity with Stunning Lake Views with possibility to subdivide units. Fully Remodeled Side-by-Side Duplex Facing Lake Loveland! Don’t miss this incredible investment or multi-generational living property! This beautifully renovated side-by-side duplex offers breathtaking views of Lake Loveland and is packed with modern upgrades throughout. Each unit

    RaNae Rodriguez MSC Real Estate Advisors

    Section Image
  • 127 Juniper Place, Loveland, CO 80538

    $725,000

    • 8 Beds
    • 4 Baths
    • 4,288 Sq Ft
    • 127 Juniper Place
    • Loveland, CO

    Located just off the thriving Fort Collins/Loveland corridor, this well-kept four-plex offers an exceptional opportunity for investors seeking stable income with long-term growth potential. Each of the four units features two bedrooms and one bathroom, making them highly appealing to a wide range of tenants.The property boasts mature landscaping and meticulously maintained lawns that contribute

    Emily Mack Helix Properties, LLC

    Section Image
See All Homes in Loveland

Source: IRES MLS

MLS Number: 1037707

IRES MLS

APN: 95264-13-003

Colorado Larimer County Loveland 80537

2318 S Colorado Ave, Loveland, CO

This home is located at 2318 S Colorado Ave, Loveland, CO 80537 and is currently priced at $920,000, approximately $230 per square foot. This property was built in 1979. 2318 S Colorado Ave is a home located in Larimer County with nearby schools including B. F. Kitchen Elementary School, Bill Reed Middle School, and Thompson Valley High School.

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.

Nearby Homes
Listing Agent
Richard Burlingame
Section Image
Mountain State Realty
(970) 645-7924