Two-Unit Duplex with Off-Street
1150 E 5th St, Loveland, CO 80537
For Sale
$499,000
Under Contract
Residential Income, Loveland, CO
Property Size2,080 SF
Lot Size0.21 Acres
Price / SF$239.90
Days on Market183
Property Features for 1150 E 5th St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Basement
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Water source
Amenities
shared washer/dryer hookups
yard
fire pit
storage shed
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
Group Mulberry
(970) 221-0700
Listed By:
Kyle Basnar · License CO #100067579
(970) 481-5689
Added: May 11
Changed: Oct 20
Last Checked: Nov 9 at 11:06PM
MLS# 1058773
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.
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Investment Insights
Based on property information with market context.
This 1948 duplex contains 2,080 square feet across upper and lower residences on a 0.21-acre lot. The upper unit has two bedrooms and one bathroom; the lower unit has three bedrooms and one bathroom. Shared washer and dryer hookups serve the property, while the yard includes a fire pit and storage shed. Four paved off-street parking spaces are provided. Interior and exterior paint have been updated, and the kitchen appliances and water heaters were replaced in 2021.
The property is on E 5th St in Loveland, near downtown, Sunnyside Park, and the Civic Center trail. Public water and sewer serve the site, and natural gas is available.
The property is on E 5th St in Loveland, near downtown, Sunnyside Park, and the Civic Center trail. Public water and sewer serve the site, and natural gas is available.
Key Highlights
- Two‑unit duplex with 2,080 square feet of building area
- Upper residence: 2 bedrooms and 1 bathroom; lower residence: 3 bedrooms and 1 bathroom
- 0.21‑acre lot with a yard, fire pit, and storage shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,409
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,180
$428.2K
Cap Rate 7%
$305,843
$305.8K
Cap Rate 9%
$237,878
$237.9K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$31.9K $15.36/SF
− Vacancy
−$1.4K −$0.66/SF
EGI
$30.6K $14.70/SF
− OpEx
−$9.2K −$4.41/SF
NOI
$21.4K $10.29/SF
Area
Larimer County, CO
Vacancy
4.27%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,180
Cap Rate 7%
$305,843
Cap Rate 9%
$237,878
Alternative Uses
Best Use
Multifamily LT 5
$305.8K
$267.6K – $356.8K
NOI $21,409 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$282.8K
$247.5K – $329.9K
NOI $19,796 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$558.3K
$488.5K – $651.4K
NOI $39,081 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,754
Businesses Nearby
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Business Placement
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
$460,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Loveland, CO
Properties on Market for Duplexes in Loveland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate upper and lower residences offer distinct layouts, with a yard, storage shed, and shared laundry hookups.
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: Two‑unit duplex with 2,080 square feet of building area; Upper residence: 2 bedrooms and 1 bathroom; lower residence: 3 bedrooms and 1 bathroom; 0.21‑acre lot with a yard, fire pit, and storage shed
