Opportunity Knocks for investors seeking a true value-add quadplex in an established Loveland location near daily conveniences and commuter routes. The property offers a clear step-by-step upside plan: lower operating expenses by evaluating a transition from the current shared boiler/hot-water baseboard setup to unit-specific electric heat (and A/C where feasible) so tenants can pay their own heating costs (subject to feasibility, permits, and electrical capacity). Next, unlock additional revenue by adding garage doors to the existing shed/garage structure and charging for garage/storage use. Finally, increase returns by bringing rents to market. All tenants are month-to-month. Tenants pay electric; owner currently pays gas, water, and trash (verify). Buyer to verify unit mix, rent roll, expenses, square footage, and all information deemed material.
Sold for $515,000
Zestimate®
$515,000
1449 E 1st Street, Loveland, CO 80537
8beds
4baths
3,840sqft
Quadruplex
Built in 1971
-- sqft lot
$515,000 Zestimate®
$134/sqft
$1,549 Estimated rent
Home value
$515,000
$489,000 - $541,000
$1,549/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Luis Hernandez 720-445-5847,
Guide Real Estate
Bought with:
Luz Daniels, 40022708
Keller Williams DTC
Source: REcolorado as distributed by MLS GRID,MLS#: 6352166
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Hot Water
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator
- Laundry: Common Area
Features
- Laminate Counters
- Flooring: Laminate
- Basement: Crawl Space
Interior area
- Total structure area: 3,840
- Total interior livable area: 3,840 sqft
- Finished area above ground: 3,840
Property
Parking
- Total spaces: 8
- Details: Off Street Spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: Corridor Access
- Exterior features: Balcony
Lot
- Size: 7,196 Square Feet
- Features: Level
Details
- Parcel number: R0392553
- Zoning: R3E
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Block, Frame
- Roof: Composition
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Loveland
HOA
- Has HOA: No
Location
- Region: Loveland
Financial & listing details
- Price per square foot: $134/sqft
- Annual tax amount: $3,143
- Date on market: 2/9/2026
- Listing terms: Cash,Conventional
- Exclusions: Tenant's Personal Property.
- Ownership: Individual
- Lease term: Month To Month
- Tenant pays: Electricity, Internet, Telephone
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $515,000-19.5%$134/sqft |
Source:  REcolorado as distributed by MLS GRID #6352166 Report a problem | ||
| 4/28/2026 | Pending sale | $640,000$167/sqft |
Source: REcolorado as distributed by MLS GRID #6352166 Report a problem | ||
| 2/9/2026 | Listed for sale | $640,000$167/sqft |
Source: REcolorado as distributed by MLS GRID #6352166 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 80537
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Nearby schools
GreatSchools rating
- 5/10Winona Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Bill Reed Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Mountain View High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Winona
- Middle: Bill Reed
- High: Mountain View
- District: Thompson R2-J
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$515,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$515,000
- Colorado
- Larimer County
- Loveland
- 80537
- 1449 E 1st Street
Nearby cities
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