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Brittany Cowan

brittany@nocohomeliving.com +1(605) 881-8263

$985,000

Est. payment - /mo

4,736 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,736 sqft

Subdivision Ridgewood

MLS Listing ID IRE1052120

HOA Y/N No

Year Built 1986

Annual Tax Amount $4,433

Tax Year 2024

Lot Size 10,018 Sqft

Acres 0.23

Source ires

Property Description

Excellent opportunity to own a fully rented 4-plex in the heart of Loveland, just minutes from Lake Loveland, shopping, dining, and major commuter routes. Located at 414-420 Mulberry Drive, this well-maintained multi-family property offers four spacious units, each featuring 3 bedrooms and 2 bathrooms. Each unit provides approximately 1,184 finished square feet across three levels, including a bright main-level living room, functional kitchen with patio access, two upstairs bedrooms with a shared full bath, and a fully finished basement complete with a third bedroom, second bathroom, laundry area, utility space, and rec room - an ideal layout for tenants seeking space and flexibility. All four units are currently rented, providing immediate income and a strong addition to any investment portfolio. With a desirable Loveland location, strong rental configuration, and a proven income history, this property presents a rare opportunity for both seasoned and first-time investors.

Location

State CO

County Larimer

Community Ridgewood

Area Loveland/Berthoud

Zoning R3

Rooms

Basement Full, Partially Finished

Interior

Interior Features Eat-in Kitchen, Washer/Dryer Hookup, Outside Entry

Heating Forced Air

Appliance No Units Furnished, Electric Range, Dishwasher, Refrigerator

Exterior

Utilities Available Natural Gas Available, Electricity Available

View Y/N No

Roof Type Composition

Improvements No

Porch Patio

Garage No

Building

Sewer Public Sewer

Water City

Level or Stories Two

Structure Type Frame

New Construction false

Schools

Elementary Schools Lincoln

Middle Schools Erwin, Lucile

High Schools Thompson R2-J

School District Thompson R2-J

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)

Listed by Ryan Spencer

Nearby Locations

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Brittany Cowan

+1(605) 881-8263

Agent

414 Mulberry Loveland, CO 80538

Brittany Cowan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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