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Sold for $853,900
  • $853,900

    1502 E 5th St, Loveland, CO 80537

    8beds
    4baths
    3,456sqft
    Multi Family
    Built in 1996
    -- sqft lot
    $855,000 Zestimate®
    $247/sqft
    $1,696 Estimated rent

    Home value

    $855,000

    $812,000 - $898,000

    $1,696/mo

    Zestimate® history
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    $1,696/mo

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    $4,905/mo

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    What's special

    Fantastic 4-plex built in 1996 is an investment opportunity you don't want to pass up! 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 Exterior paint 2025, 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jesse Laner 970-672-7212,

    C3 Real Estate Solutions, LLC,

    John Simmons 970-481-1250,

    C3 Real Estate Solutions, LLC

    Bought with:

    Denise Tschida, 40028826

    Ortiz & Assoc. Inc

    Source: IRES as distributed by MLS GRID,MLS#: 1044701MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard, Individual Heat Source
    Appliances
    • Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer
    • Laundry: Washer/Dryer Hookup
    Features
    • Eat-in Kitchen, Open Floorplan, Outside Entry
    • Windows: Window Coverings
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 3,456
    • Total interior livable area: 3,456 sqft

    Property

    Parking
    • Details: 2 Spaces/Unit
    Accessibility
    • Accessibility features: Level Lot, Level Drive, Low Carpet, Main Floor Bath, Accessible Bedroom
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Deck
    Lot
    • Size: 10,763 Square Feet
    • Features: Evergreen Trees, Deciduous Trees, Level, Paved, Curbs, Gutters, Sidewalks
    Details
    • Additional structures: Storage
    • Parcel number: R0343315
    • Zoning: R3E
    • Special conditions: Private Owner

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Composition
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Electric: City of Lvld
    • Sewer: Public Sewer
    • Water: City
    • Utilities for property: Electricity Available, Cable Available, Separate Meter Electricity, Satellite Avail, High Speed Avail

    Community & HOA

    Community
    • Security: Fire Alarm
    • Subdivision: Water Addition
    HOA
    • Has HOA: No
    Location
    • Region: Loveland

    Financial & listing details

    • Price per square foot: $247/sqft
    • Annual tax amount: $3,877
    • Date on market: 9/30/2025
    • Listing terms: Cash,Conventional,FHA
    • Exclusions: Tenant's personal property. Washer and Dryer units in 1502 and 1506
    • Tenant pays: Deposit, Electricity
    • Income includes: Lease/Rents, Common Area Fees
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    11/17/2025Sold$853,900+1.1%$247/sqft
    Source: IRES as distributed by MLS GRID #1044701 Report a problem
    10/7/2025Pending sale$844,900$244/sqft
    Source: REcolorado as distributed by MLS GRID #IR1044701 Report a problem
    9/30/2025Listed for sale$844,900-0.5%$244/sqft
    Source: IRES as distributed by MLS GRID #1044701 Report a problem
    9/16/2025Listing removed$849,000$246/sqft
    Source: IRES as distributed by MLS GRID #1038346 Report a problem
    7/3/2025Listed for sale$849,000-4.5%$246/sqft
    Source: IRES as distributed by MLS GRID #1038346 Report a problem
    7/3/2025Listing removed$889,000$257/sqft
    Source: IRES as distributed by MLS GRID #1029968 Report a problem
    4/4/2025Listed for sale$889,000$257/sqft
    Source: IRES as distributed by MLS GRID #1029968 Report a problem
    8/9/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/26/2021Listed for rent$1,195+3.1%
    Source: Zillow Rental Manager Report a problem
    4/6/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/4/2021Listed for rent$1,159
    Source: Zillow Rental Manager Report a problem
    3/3/2021Listing removed--
    Source: Owner Report a problem
    8/1/2020Listing removed$1,159
    Source: Owner Report a problem
    7/26/2020Listed for rent$1,159+3%
    Source: Owner Report a problem
    1/21/2019Listing removed$1,125
    Source: Owner Report a problem
    10/2/2018Listed for rent$1,125
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 80537

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Winona
    • Middle: Bill Reed
    • High: Mountain View

    Source: IRES 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
    $855,000
    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
    $855,000