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Rented 4-Plex Income Property
For Sale
$985,000

414 Mulberry Dr, Loveland, CO 80538

Fully rented 4-plex with four 3-bedroom, 2-bath units, each with finished basement living space and laundry area.

Property SizeContact for details
Days on Market27

Property Features for 414 Mulberry Dr

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,433

Building Details

Year Built 1986
Units 4
Tenancy Multi
Listing Agency: The Group, Inc.
Listed By: Emily Jones
Source: Elliman
Added: Jul 19 Changed: Aug 10 Last Checked: Aug 14 at 10:58AM

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.

Investment Insights

Based on property information with market context.

This fully rented 4-plex offers four spacious residential units, with each home featuring three bedrooms and two bathrooms across three levels. Units include a bright main-level living room and a functional kitchen with patio access, along with two upstairs bedrooms served by a shared full bath. Each unit also has a fully finished basement that provides a third bedroom, a second bathroom, a laundry area, utility space, and a rec room.

Located at 414-420 Mulberry Drive in Loveland, the property is described as being just minutes from Lake Loveland and nearby shopping and dining, with access to major commuter routes.

The building’s four-unit configuration is currently 100% occupied, offering immediate rental income and a straightforward income-property setup for an investor or owner-operator.

Key Highlights

  • Fully rented 4‑plex in Loveland at 414‑420 Mulberry Drive
  • 4 units, each with 3 bedrooms and 2 bathrooms
  • Each unit offers approx. 1,184 finished SF across three levels

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Food Market Computer & Electronic Repair Furniture & Home Goods Home Appliance Store

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

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,015
Businesses Nearby

Demographics for 80538, CO

49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
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?
Quadplex - Fully rented 4-plex with four 3-bedroom, 2-bath units, each with finished basement living space and laundry area.
Where is this quadplex located?
The property is located at 414 Mulberry Dr Loveland, CO.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Fully rented 4‑plex in Loveland at 414‑420 Mulberry Drive; 4 units, each with 3 bedrooms and 2 bathrooms; Each unit offers approx. 1,184 finished SF across three levels
More about this property
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