Rents of $3,770 in place with leases until 7/31/26!!! Fantastic investment opportunity! This well maintained Loveland duplex offers two desirable rental units. The property features: 3321 Butternut Dr. - Spacious 3-bedroom, 2-bath unit with an open living area, functional kitchen, and generous bedroom sizes. 3323 Butternut Dr. - Comfortable 2-bedroom, 1-bath plus dedicated office layout, perfect for remote work or guests. Each unit has private entrances, separate utilities, and dedicated parking, providing convenience and privacy for tenants. Located in a quiet neighborhood with easy access to shopping, dining, schools, and major commuter routes. Whether you're expanding your portfolio or starting your real estate investment journey, this property offers immediate cash flow with stable tenants in place. Leased through July 2026. Don't miss this turnkey opportunity in one of Northern Colorado's most sought-after rental markets!
Sold for $480,000
$480,000
3321-3323 Butternut Dr, Loveland, CO 80538
5beds
3baths
2,147sqft
Multi Family
Built in 1971
-- sqft lot
$477,600 Zestimate®
$224/sqft
$1,867 Estimated rent
Home value
$477,600
$454,000 - $501,000
$1,867/mo
Zestimate® history
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$1,867/mo
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$1,867/mo
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$2,835/mo
Est. payment
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$2,835/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
David Lund 970-420-3021,
Noble Venture
Bought with:
Nicholas York, 100069460
Realty Professionals LLC
Source: IRES as distributed by MLS GRID,MLS#: 1041659
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Wall/Window Unit(s), Ceiling Fan(s)
Appliances
- Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,147
- Total interior livable area: 2,147 sqft
Property
Parking
- Total spaces: 4
- Details: 1.5 Spaces/Unit
Accessibility
- Accessibility features: Level Lot, Level Drive
Features
- Levels: One
- Stories: 1
- Fencing: Fenced,Wood
Lot
- Size: 9,819 Square Feet
- Features: Paved, Curbs, Gutters, Sidewalks, Street Light, Fire Hydrant within 500 Feet
Details
- Parcel number: R0349186
- Zoning: R3E
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Electric: City of Lovelnd
- Gas: Xcel
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Sunset Acres
HOA
- Has HOA: No
Location
- Region: Loveland
Financial & listing details
- Price per square foot: $224/sqft
- Annual tax amount: $2,521
- Date on market: 8/18/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Exclusions: Tenants personal property
- Tenant pays: Deposit, Gas, Electricity, Trash Collection
- Income includes: Lease/Rents
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $480,000-4%$224/sqft |
Source:  IRES as distributed by MLS GRID #1041659 Report a problem | ||
| 10/8/2025 | Pending sale | $500,000$233/sqft |
Source:  REcolorado as distributed by MLS GRID #IR1041659 Report a problem | ||
| 9/30/2025 | Price change | $500,000-4.8%$233/sqft |
Source: REcolorado as distributed by MLS GRID #IR1041659 Report a problem | ||
| 9/3/2025 | Price change | $525,000-3.7%$245/sqft |
Source: IRES as distributed by MLS GRID #1041659 Report a problem | ||
| 8/18/2025 | Listed for sale | $544,950$254/sqft |
Source: IRES as distributed by MLS GRID #1041659 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 80538
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Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Lucile Erwin Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Loveland High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Lincoln
- Middle: Erwin, Lucile
- High: Loveland
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
$477,600
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
$477,600
- Colorado
- Larimer County
- Loveland
- 80538
- 3321-3323 Butternut Dr
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