1502 E 5th St Loveland, CO 80537
Property details
About 1502 E 5th St
Fantastic 4-plex built in 1996 is an investment opportunity you don't want to pass on! 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 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.
Highlights
Summary
- Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
- Basement: No
- Flooring Type: Carpet, Laminate, Tile
- Interior: Ceiling Fan(s), Tile Counters
- Total Bedroom Count: 8
- Attached Garage: No
- Heating: Baseboard
- Cooling: None
- List Price: $889,000
- Price/SqFt: $257
- Annual Tax Amount: $3,738
- Tax Year: 2023
- Directions: From Hwy 34, South on N Boise Ave, West on E 5th St to Property
- Year Built: 1996
- Living Area: 3,456 SqFt
- MLS Number: 8033205
- MLS Name: RECOLORADO
- Office Name: C3 Real Estate Solutions LLC
- Office Phone: (970) 225-5152
- Office Email: accounting@c3-re.com
- Listing Agent: Jesse Laner
Listings courtesy of REColorado as distributed by MLS GRID.
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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$889,000
1502 E 5th St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $52,260 | $3,738 |
| 2022 | $46,240 | $3,679 |
| 2021 | $48,620 | $3,864 |
| 2020 | $39,325 | $3,126 |
| 2019 | $39,600 | $2,228 |
| 2018 | $27,072 | $1,918 |
| 2017 | $27,072 | $1,998 |
History based on county public records data.
Nearby schools
6
Winona Elementary School
Public District PK-5
0.4 mi
•201 S Boise Ave
4
Monroe Elementary School
Public District KG-5
1.1 mi
•1500 Monroe Ave
7
Truscott Elementary School
Public District KG-5
1.2 mi
•211 W 6th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,458. Most Loveland, CO residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
College Basketball
Soccer
Mexican League Soccer
Where do the neighbors shop?
Dillards
Burlington
Books-a-Million
Where do the neighbors go to eat?
Logan's Roadhouse
Wingstop
Church's Chicken
What do the neighbors drive?
Hyundai
Nissan
Toyota
What do the neighbors listen to?
Rock
Christian Adult Contemporary
Adult Hits
This home is located at 1502 E 5th St in Loveland, CO and zip code 80537. This 3,456 square foot home was built in 1996. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $889,000.
While more than 30 listings in Loveland, CO in April 2025 were sold above asking price, there were more than 37 listings sold at asking price, and more than 54 were sold below. In April 2025 in Loveland, CO there were 14.9% more homes for sale than in March. In April 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $511,466.