Duplex with Horse
3504 S Taft Ave Loveland, CO 80538
For Sale
Under Contract
$500,000
CONDOS - Other - Loveland, CO
Property Size3,410 SF
Lot Size0.52 Acres
Price / SF$146.63
Days on Market14
Property Features for 3504 S Taft Ave
General Information
Property type
Residential
Property subtype
Duplex
Zoning
RR-2
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 4, Basement, Bathroom 3, Bedroom 2, Bathroom 2
Parking
2
Patio and Porch features
Patio
Interior features
Eat-in Kitchen
Basement
Full, Partially Finished
Appliances
Electric Range, Dishwasher, Refrigerator
Standard status
Active Under Contract
APN
R0677396
Size
3,410 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3385
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1968
Floors in Building
2
Number of units
2
Building materials
Frame
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
LC Real Estate Group, LLC
(970) 667-7000
Listed By:
Wayne Lewis · License #IA.040043311
(303) 588-8808
Added: Jul 16
Changed: Jul 28
Last Checked: Jul 29 at 6:06AM
MLS# 1064478
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a duplex configured as two sides, with each unit offering four bedrooms and two bathrooms. Each side includes an oversized one-car garage. The property sits on more than half an acre and allows for one horse.
The listing notes high-visibility marketing from South Taft Avenue. One side is currently available while the other side is occupied by an existing month-to-month tenant.
The listing also states there are no HOA dues, with roads maintained by Larimer County and sewer provided by the Town of Berthoud. Zoning is listed as RR-2. Rental income, insurance, and common area maintenance are provided as broker pro forma estimates.
The listing notes high-visibility marketing from South Taft Avenue. One side is currently available while the other side is occupied by an existing month-to-month tenant.
The listing also states there are no HOA dues, with roads maintained by Larimer County and sewer provided by the Town of Berthoud. Zoning is listed as RR-2. Rental income, insurance, and common area maintenance are provided as broker pro forma estimates.
Key Highlights
- Duplex with 4 bedrooms and 2 bathrooms, plus finished bedroom/bathroom rooms listed for each unit
- More than half an acre with allowance for one horse
- Each unit includes an oversized one‑car garage
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.4k | $15.36 |
| − Vacancy | −$2.2k | −$0.66 |
| EGI | $50.1k | $14.70 |
| − OpEx | −$15.0k | −$4.41 |
| NOI | $35.1k | $10.29 |
3,410 SF · lease $15.36/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$501.4K
$438.7K – $585.0K
NOI $35,099 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$463.6K
$405.7K – $540.9K
NOI $32,455 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$915.3K
$800.9K – $1.07M
NOI $64,071 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex on over half an acre with two 4BR/2BA units and oversized one-car garages, allowing for one horse.
Where is this duplex located?
The property is located at 3504 S Taft Ave Loveland, CO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Duplex with 4 bedrooms and 2 bathrooms, plus finished bedroom/bathroom rooms listed for each unit; More than half an acre with allowance for one horse; Each unit includes an oversized one‑car garage
