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Loveland Duplex Near Downtown
For Sale
$499,000

1150 E 5th St, Loveland, CO 80537

Well-maintained duplex near downtown Loveland with STR potential.

Property SizeContact for details
Days on Market111

Property Features for 1150 E 5th St

General Information

Standard status Active
Property subtype Investment

Taxes and HOA fees

Annual Taxes $2,338

Building Details

Year Built 1948
Units 2
Listing Agency: The Group;, Inc. Real Estate
Listed By: Kyle Basnar · License #100067579
Source: Elliman
Added: May 12 Changed: Aug 14 Last Checked: Aug 29 at 9:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Group;, Inc. Real Estate

Investment Insights

Based on property information with market context.

This well-maintained over/under duplex is located in close proximity to downtown Loveland, providing convenient access to local restaurants, breweries, shopping options, and community events throughout the year. Situated on 5th Street, the property allows for quick travel across town and is located minutes from the historic downtown district. The property is also located blocks away from the Civic Center trail and Sunnyside Park. The zoning permits short-term rentals, presenting an opportunity to capitalize on Loveland's travel market or develop a vacation rental portfolio. The upper unit includes 2 bedrooms and 1 bath, while the lower unit features 3 bedrooms and 1 bath, providing flexible living and rental options. Recent updates include newer interior and exterior paint, with all kitchen appliances and water heaters replaced in 2021. Shared washer/dryer hookups are available. The property includes a spacious yard with a fire pit and storage shed, as well as four paved off-street parking spaces. The location has a bike score of 75, indicating it is very bikeable, and a walk score of 71, indicating it is very walkable. This property is suitable for investors or owner-occupants looking to live in one unit while generating income from the other.

Key Highlights

  • Prime location near downtown Loveland with easy access to restaurants, breweries, shopping, and community events.
  • Zoning allows for short‑term rentals (STR), offering income potential.
  • Two units: upper unit with 2 bedrooms/1 bath, lower unit with 3 bedrooms/1 bath, providing flexible living/rental options.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Pet Store & Service Travel Agency Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,198
Businesses Nearby

Demographics for 80537, CO

43,603
Population
20,314
Households
2.1
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
122.4 sq mi
ZIP Area
356
Density / Sq Mi
$83,746
Median Household Income
$44,448
Median Earnings
$1,630
Median Rent
$460,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex near downtown Loveland with STR potential.
Where is this duplex located?
The property is located at 1150 E 5th St Loveland, CO.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Prime location near downtown Loveland with easy access to restaurants, breweries, shopping, and community events.; Zoning allows for short‑term rentals (STR), offering income potential.; Two units: upper unit with 2 bedrooms/1 bath, lower unit with 3 bedrooms/1 bath, providing flexible living/rental options.
More about this property
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