Generate over $82,000 in annual gross income with this proven Downtown Loveland investment opportunity! Operating as the successful short-term rental "Grey & Ember," this property produced more than $72,000 in short-term rental income over the past 12 months, while the detached 3-car shop generated an additional $10,200 annually ($850/month), creating multiple income streams from one property. This fully furnished, turnkey 4-bedroom, 2-bath bungalow blends classic charm with modern updates, including hardwood floors, stainless steel appliances, and stylish furnishings throughout. Guests love the private fenced backyard with hot tub and the unbeatable location just blocks from Old Town Loveland's restaurants, breweries, shopping, and year-round events. Beyond the home, you'll find a one-car detached garage plus an approximately 960-square-foot heated 3-car shop featuring an automotive lift, abundant lighting, and attic storage. Continue leasing the shop for immediate cash flow, use it for your own business or hobbies, or explore additional possibilities to maximize the property's potential. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, operate an in-home business, or enjoy a move-in-ready primary residence with an exceptional workshop, this property offers multiple income streams, incredible flexibility, and endless possibilities in one of Loveland's most desirable downtown locations. Airbnb id: 38352710. Agent owned.
For sale
$565,000
853 E 7th St, Loveland, CO 80537
4beds
2,072sqft
Single Family Residence
Built in 1955
7,742 Square Feet Lot
$-- Zestimate®
$273/sqft
$-- HOA
What's special
One-car detached garageStainless steel appliancesHardwood floorsStylish furnishings throughout
- 31 days
- 233
- 23
Zillow last checked:
Listing updated:
Listed by:
Erin Glenn 970-420-3967,
eXp Realty LLC
Source: IRES as distributed by MLS GRID,MLS#: 1065694
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Description: Hardwood
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12 x 13
Bedroom 2
- Description: Hardwood
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11 x 13
Bedroom 3
- Description: Carpet
- Level: Basement
- Area: 210 Square Feet
- Dimensions: 14 x 15
Bedroom 4
- Description: Carpet
- Level: Basement
- Area: 156 Square Feet
- Dimensions: 12 x 13
Kitchen
- Description: Tile
- Level: Main
- Area: 126 Square Feet
- Dimensions: 9 x 14
Living room
- Description: Hardwood
- Level: Main
- Area: 247 Square Feet
- Dimensions: 13 x 19
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
- Laundry: Washer/Dryer Hookup
Features
- Eat-in Kitchen, Workshop
- Flooring: Wood
- Windows: Window Coverings
- Basement: Partially Finished
Interior area
- Total structure area: 1,036
- Total interior livable area: 2,072 sqft
- Finished area above ground: 1,036
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Detached, Oversized
- Garage spaces: 4
- Details: Detached
Accessibility
- Accessibility features: Level Lot, Level Drive, Low Carpet, Main Floor Bath, Accessible Bedroom
Features
- Levels: One
- Stories: 1
- Spa features: Heated
- Fencing: Partial
Lot
- Size: 7,742 Square Feet
- Features: Level, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
Details
- Parcel number: R0389226
- Zoning: R3E
- Special conditions: Private Owner
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Composition
- Roof: Composition
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Gas: Xcel
- Sewer: Public Sewer
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, High Speed Avail
Community & HOA
Community
- Subdivision: Nettleton Place
HOA
- Has HOA: No
Location
- Region: Loveland
Financial & listing details
- Price per square foot: $273/sqft
- Tax assessed value: $514,400
- Annual tax amount: $2,750
- Date on market: 8/4/2026
- Listing terms: Cash,Conventional,FHA,VA Loan,1031 Exchange
- Exclusions: None
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $565,000-5.8%$273/sqft |
Source:  REcolorado as distributed by MLS GRID #IR1065694 Report a problem | ||
| 1/30/2026 | Listed for sale | $600,000-7.7%$290/sqft |
Source:  IRES as distributed by MLS GRID #1050583 Report a problem | ||
| 12/16/2025 | Listing removed | $650,000$314/sqft |
Source: IRES as distributed by MLS GRID #1045931 Report a problem | ||
| 10/17/2025 | Listed for sale | $650,000+52.9%$314/sqft |
Source: IRES as distributed by MLS GRID #1045931 Report a problem | ||
| 8/1/2019 | Sold | $425,000$205/sqft |
Source: IRES as distributed by MLS GRID #884643 Report a problem | ||
| 6/29/2019 | Pending sale | $425,000$205/sqft |
Source: Pullen Real Estate #884643 Report a problem | ||
| 6/13/2019 | Listed for sale | $425,000+203.6%$205/sqft |
Source: Pullen Real Estate #884643 Report a problem | ||
| 12/14/2010 | Sold | $140,000$68/sqft |
Source: Public Record Report a problem | ||
| 11/2/2010 | Listed for sale | $140,000+9%$68/sqft |
Source: foreclosure.com Report a problem | ||
| 9/9/2010 | Sold | $128,430-30.6%$62/sqft |
Source: Public Record Report a problem | ||
| 8/5/2010 | Listed for sale | $185,000$89/sqft |
Source: RE/MAX Alliance #635916 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,750 +6.7% | $32,150 -10.6% |
| 2024 | $2,576 +21.3% | $35,966 -1% |
| 2023 | $2,125 -2.7% | $36,315 +36% |
| 2022 | $2,183 -0.3% | $26,702 -2.8% |
| 2021 | $2,190 +5.6% | $27,470 -0.3% |
| 2020 | $2,074 +13.2% | $27,542 +3.1% |
| 2019 | $1,831 | $26,712 +20.1% |
| 2018 | $1,831 | $22,248 |
| 2017 | $1,831 +16.1% | $22,248 +29.8% |
| 2016 | $1,577 +26.5% | $17,137 0% |
| 2015 | $1,247 +24.2% | $17,140 +28.4% |
| 2014 | $1,004 | $13,350 |
| 2013 | -- | $13,350 -12.7% |
| 2012 | -- | $15,300 |
| 2011 | -- | $15,300 -10.8% |
| 2010 | -- | $17,160 |
| 2009 | -- | $17,160 -4.7% |
| 2008 | -- | $18,000 |
| 2007 | -- | $18,000 +4.8% |
| 2006 | -- | $17,170 |
| 2005 | -- | $17,170 +19.8% |
| 2004 | -- | $14,330 +9.1% |
| 2002 | -- | $13,130 |
| 2001 | -- | $13,130 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80537
Nearby schools
Schools provided by the listing agent
- Elementary: Truscott
- Middle: Bill Reed
- High: Thompson Valley
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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