All-Brick Duplex with Separate
1122 Gard Pl Loveland, CO 80537
For Sale
Under Contract
$390,000
MULTI_FAMILY - Loveland, CO
Property Size1,536 SF
Lot Size0.17 Acres
Price / SF$253.91
Days on Market51
Property Features for 1122 Gard Pl
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3E
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 3, Bedroom 4, Bedroom 8, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 2
Parking features
Off Street
Window features
Window Coverings
Fencing
Chain Link
Appliances
Electric Range, Refrigerator, Microwave
Standard status
Active Under Contract
APN
R0399353
Size
1,536 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1963
Floors in Building
1
Number of units
2
Building materials
Brick
Roof type
Composition
Listing Agency:
Group Mulberry
(970) 221-0700
Listed By:
Brian Rahaley
(970) 214-7736
Added: Jun 9
Changed: Jul 28
Last Checked: Jul 29 at 4:06AM
MLS# 1061357
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.
1122-1126 Gard Place is a side-by-side duplex offering two separate living units within a single, solid, all-brick exterior building. The property includes private yard spaces for each side and is set up with separate utility meters, supporting independent operation of the units. The interiors are fully functional and livable, with room for cosmetic updates based on an owner’s preference and timeline.
The duplex is located in Loveland, Colorado on a low-traffic cul-de-sac setting. Lot size is listed at 0.17 acres and the property size is 1,536 square feet, with zoning identified as R3E. The address is 1122 Gard Pl, Loveland, CO 80537.
This configuration can work well for an owner-occupant who wants to live in one unit while updating the other, or for an investor looking to stabilize and manage both units. With separate meters and individual outdoor space, the duplex is designed for practical, unit-by-unit separation. Buyers should consider their approach to cosmetic improvements and how they plan to utilize the two units under the existing R3E zoning.
The duplex is located in Loveland, Colorado on a low-traffic cul-de-sac setting. Lot size is listed at 0.17 acres and the property size is 1,536 square feet, with zoning identified as R3E. The address is 1122 Gard Pl, Loveland, CO 80537.
This configuration can work well for an owner-occupant who wants to live in one unit while updating the other, or for an investor looking to stabilize and manage both units. With separate meters and individual outdoor space, the duplex is designed for practical, unit-by-unit separation. Buyers should consider their approach to cosmetic improvements and how they plan to utilize the two units under the existing R3E zoning.
Key Highlights
- Side‑by‑side duplex with an all‑brick, low‑maintenance exterior built in 1963
- Separate utility meters for each side to help manage costs and support independent unit use
- Private yard spaces for each side of the duplex
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 | $23.6k | $15.36 |
| − Vacancy | −$1.0k | −$0.66 |
| EGI | $22.6k | $14.70 |
| − OpEx | −$6.8k | −$4.41 |
| NOI | $15.8k | $10.29 |
1,536 SF · lease $15.36/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$225.9K
$197.6K – $263.5K
NOI $15,810 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$208.8K
$182.7K – $243.7K
NOI $14,619 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$412.3K
$360.8K – $481.0K
NOI $28,860 @ 7.0% cap · market cap 7.40%
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 - Side-by-side duplex with separate utilities and private yards, suited for owner-occupancy or rental income.
Where is this duplex located?
The property is located at 1122 Gard Pl Loveland, CO.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Side‑by‑side duplex with an all‑brick, low‑maintenance exterior built in 1963; Separate utility meters for each side to help manage costs and support independent unit use; Private yard spaces for each side of the duplex
